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
₽ 226500
per

Your estimated
City
free-cash

Dresden , Germany
₽83426
₽94648
₽81138
₽109382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 500
trade
-
-
-
28 244
income

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

-
-
-
75 310
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.

-
-
-
6 932
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.

-
-
-
4 142
total
-
-
-
114 628
Employee

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

38 810
-
226 500
-
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.

6 932
-
6 932
-
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.

60
-
4 142
-
income

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

1 084
-
75 310
-
total
8 076
-
86 384
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
187 690
226 500
-
-
surtax

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

1 548
1 868
-
-
income
28 154
33 975
-
-
trade
29 561
35 673
-
-
chamber of commerce
424
479
-
-
total
59 687
71 995
-
-
Dividends
128 004
154 505
-
-
surtax

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

1 739
2 103
-
-
withholding
31 616
38 242
-
-
total
33 355
40 345
-
-
Income
226 500
226 500
226 500
226 500
Total tax
101 118
112 340
86 384
114 628
After tax
125 382
114 160
140 116
111 872
Living cost
30 734
30 734
30 734
30 734
Free-cash
94 648
83 426
109 382
81 138

Estimated living cost  is ₽30734 per week

₽19333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90210
₽89361
₽77930
₽79146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
municipal
-
-
-
25 159
pensions
-
-
-
27 180
national
-
-
-
42 670
social contributions
-
-
-
2 435
total
-
-
-
97 444
Employee
79 255
-
195 807
-
municipal
9 789
-
26 036
-
pensions
3 170
-
7 832
-
national
15 169
-
44 590
-
total
28 128
-
78 458
-
Employer
79 255
-
195 807
-
social contributions
852
-
2 105
-
pensions
6 340
-
15 665
-
total
7 192
-
17 770
-
Corporate
134 822
226 500
-
-
income

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

26 964
45 300
-
-
total
26 964
45 300
-
-
Dividends
107 858
181 200
-
-
withholding
23 729
39 864
-
-
total
23 729
39 864
-
-
Income
226 500
226 500
226 500
226 500
Total tax
86 013
85 164
96 228
97 444
After tax
140 487
141 336
130 272
129 056
Living cost
51 126
51 126
51 126
51 126
Free-cash
89 361
90 210
79 146
77 930

Estimated living cost  is ₽51126 per week

₽34750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160089
₽151767
₽61156
₽77273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 500
microenterprise
-
-
-
-
income
-
-
-
47 600
surtax
-
-
-
57 757
social contributions

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

-
-
-
38 877
total
-
-
-
144 234
Employee
29 650
-
177 808
-
social contributions

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

3 262
-
13 302
-
surtax
-
-
25 781
-
income
5 278
-
40 342
-
total
8 540
-
79 425
-
Employer
29 650
-
177 808
-
social contributions

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

7 142
-
29 132
-
surtax
-
-
19 560
-
total
7 142
-
48 692
-
Corporate
189 708
226 500
-
-
income

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

37 941
45 301
-
-
total
37 941
45 301
-
-
Dividends

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

151 767
181 199
-
-
total
-
-
-
-
Income
226 500
226 500
226 500
226 500
Total tax
53 623
45 301
128 117
144 234
After tax
172 877
181 199
98 383
82 266
Living cost
21 110
21 110
21 110
21 110
Free-cash
151 767
160 089
77 273
61 156

Estimated living cost  is ₽21110 per week

₽13467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Riga model

Close
Rotterdam , Netherlands
₽70343
₽64127
₽79217
₽102355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
80 376
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
104 776
Employee
86 650
86 650
207 643
-
health
13 300
11 313
12 512
-
income

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

14 183
14 183
38 381
-
pensions
15 597
11 888
11 888
-
total
43 080
37 384
62 781
-
Employer
86 650
86 650
207 643
-
unemployment
3 119
3 119
3 876
-
pensions
6 031
6 031
7 496
-
health
6 023
6 023
7 485
-
total
15 173
15 173
18 857
-
Corporate
125 739
124 677
-
-
income
25 148
24 936
-
-
total
25 148
24 936
-
-
Dividends
100 592
99 741
-
-
income
21 376
21 195
-
-
withholding
15 089
14 962
-
-
total
36 465
36 157
-
-
Income
226 500
226 500
226 500
226 500
Total tax
119 866
113 650
81 638
104 776
After tax
106 634
112 850
144 862
121 724
Living cost
42 507
42 507
42 507
42 507
Free-cash
64 127
70 343
102 355
79 217

Estimated living cost  is ₽42507 per week

₽30123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84564
₽83687
₽73878
₽72929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
municipal
-
-
-
60 138
accident
-
-
-
171
pensions
-
-
-
9 265
other
-
-
-
9 959
unemployment
-
-
-
86
health
-
-
-
5 348
national
-
-
-
28 550
total
-
-
-
113 517
Employee
55 722
-
199 571
-
municipal
16 616
-
59 512
-
national
-
-
28 025
-
total
16 616
-
87 537
-
Employer
55 722
-
199 571
-
accident
111
-
171
-
other
6 475
-
9 959
-
unemployment
1 471
-
2 263
-
pensions
6 023
-
9 265
-
health
3 427
-
5 271
-
total
17 507
-
26 929
-
Corporate
153 271
226 500
-
-
income
33 720
49 830
-
-
total
33 720
49 830
-
-
Dividends
119 551
176 670
-
-
withholding
35 865
53 001
-
-
total
35 865
53 001
-
-
Income
226 500
226 500
226 500
226 500
Total tax
103 708
102 831
114 466
113 517
After tax
122 792
123 669
112 034
112 983
Living cost
39 105
39 105
39 105
39 105
Free-cash
83 687
84 564
72 929
73 878

Estimated living cost  is ₽39105 per week

₽25918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73133
₽87390
₽70755
₽100255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 500
trade
-
-
-
29 500
income

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

-
-
-
75 310
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.

-
-
-
6 932
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.

-
-
-
4 142
total
-
-
-
115 884
Employee

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

51 457
-
226 500
-
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.

6 932
-
6 932
-
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.

243
-
4 142
-
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.

4 421
-
75 310
-
total
11 596
-
86 384
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
175 043
226 500
-
-
surtax

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

1 444
1 868
-
-
income
26 257
33 975
-
-
trade
28 795
37 260
-
-
chamber of commerce
402
476
-
-
total
56 898
73 579
-
-
Dividends
118 145
152 923
-
-
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.

1 604
2 082
-
-
withholding
29 151
37 845
-
-
total
30 755
39 927
-
-
Income
226 500
226 500
226 500
226 500
Total tax
99 249
113 506
86 384
115 884
After tax
127 251
112 994
140 116
110 616
Living cost
39 861
39 861
39 861
39 861
Free-cash
87 390
73 133
100 255
70 755

Estimated living cost  is ₽39861 per week

₽26659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132166
₽127959
₽119509
₽117648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
51 886
health
-
-
-
5 777
social contributions
-
-
-
16 417
total
-
-
-
74 080
Employee
78 025
78 025
213 811
-
social contributions
3 791
6 476
8 734
-
health
776
1 327
3 635
-
income
8 193
7 223
50 883
-
total
12 760
15 026
63 252
-
Employer
78 025
78 025
213 811
-
social contributions
3 791
6 476
8 734
-
health
845
1 444
3 955
-
total
4 636
7 920
12 689
-
Corporate
176 191
140 556
-
-
income
22 025
17 569
-
-
total
22 025
17 569
-
-
Dividends
154 167
122 987
-
-
withholding
26 209
20 908
-
-
total
26 209
20 908
-
-
Income
226 500
226 500
226 500
226 500
Total tax
65 630
61 423
75 941
74 080
After tax
160 870
165 077
150 559
152 420
Living cost
32 911
32 911
32 911
32 911
Free-cash
127 959
132 166
117 648
119 509

Estimated living cost  is ₽32911 per week

₽22498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108661
₽109045
₽138431
₽112828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
27 690
pensions
-
-
-
22 650
unemployment
-
-
-
3 398
health
-
-
-
15 855
total
-
-
-
69 593
Employee

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

The minimum wage is 138,000 HUF per month.

26 671
10 615
189 540
-
health
1 867
743
13 268
-
income
3 260
1 298
23 171
-
pensions
2 667
1 061
18 954
-
unemployment
400
159
2 843
-
total
8 194
3 261
58 236
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 671
10 615
189 540
-
pensions
5 201
2 070
36 960
-
total
5 201
2 070
36 960
-
Corporate
194 629
213 816
-
-
income
17 517
19 243
-
-
total
17 517
19 243
-
-
Dividends
177 112
194 572
-
-
social contributions
34 416
37 820
-
-
withholding
33 651
36 969
-
-
total
68 067
74 789
-
-
Income
226 500
226 500
226 500
226 500
Total tax
98 979
99 363
95 196
69 593
After tax
127 521
127 137
131 304
156 907
Living cost
18 476
18 476
18 476
18 476
Free-cash
109 045
108 661
112 828
138 431

Estimated living cost  is ₽18476 per week

₽12608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156691
₽150389
₽96894
₽106042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
30 351
pensions
-
-
-
45 301
health
-
-
-
29 446
total
-
-
-
105 098
Employee
28 785
-
169 282
-
income
3 241
-
32 638
-
pensions
576
-
3 385
-
unemployment
460
-
2 709
-
total
4 277
-
38 732
-
Employer
28 785
-
169 282
-
unemployment
231
-
1 354
-
pensions
5 757
-
33 857
-
health
3 741
-
22 007
-
total
9 729
-
57 218
-
Corporate
187 985
226 500
-
-
income
37 597
45 301
-
-
total
37 597
45 301
-
-
Dividends
150 389
181 199
-
-
total
-
-
-
-
Income
226 500
226 500
226 500
226 500
Total tax
51 603
45 301
95 950
105 098
After tax
174 897
181 199
130 550
121 402
Living cost
24 508
24 508
24 508
24 508
Free-cash
150 389
156 691
106 042
96 894

Estimated living cost  is ₽24508 per week

₽16810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3758
₽14958
₽132554
₽102665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
accident
-
-
-
254
income
-
-
-
64 844
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
71 842
Employee
34 771
-
206 906
-
health
3 981
-
23 691
-
income
4 770
-
50 780
-
pensions
3 915
-
7 666
-
total
12 666
-
82 137
-
Employer
34 771
-
206 906
-
accident
580
-
3 455
-
unemployment
852
-
5 069
-
pensions
5 654
-
11 070
-
total
7 086
-
19 594
-
Corporate
184 642
226 500
-
-
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.

166 178
203 850
-
-
total
166 178
203 850
-
-
Dividends
18 464
22 650
-
-
withholding
3 508
4 304
-
-
total
3 508
4 304
-
-
Income
226 500
226 500
226 500
226 500
Total tax
189 438
208 154
101 731
71 842
After tax
37 062
18 346
124 769
154 658
Living cost
22 104
22 104
22 104
22 104
Free-cash
14 958
-3 758
102 665
132 554

Estimated living cost  is ₽22104 per week

₽16201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽205913
₽204177
₽214973
₽171938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
226 500
microenterprise

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

-
-
-
2 265
total
-
-
-
2 265
Employee
11 577
-
226 500
-
income
2 315
-
45 300
-
total
2 315
-
45 300
-
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%.

214 923
226 500
-
-
total
-
-
-
-
Dividends
214 923
226 500
-
-
withholding
10 746
11 325
-
-
total
10 746
11 325
-
-
Income
226 500
226 500
226 500
226 500
Total tax
13 061
11 325
45 300
2 265
After tax
213 439
215 175
181 200
224 235
Living cost
9 262
9 262
9 262
9 262
Free-cash
204 177
205 913
171 938
214 973

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139372
₽132520
₽108769
₽106896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
39 543
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.

-
-
-
37 032
other
-
-
-
7 329
health
-
-
-
6 790
total
-
-
-
90 694
Employee
36 842
-
187 353
-
health
516
-
2 160
-
income
6 343
-
38 919
-
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.

2 578
-
10 800
-
unemployment
368
-
1 542
-
total
9 805
-
53 421
-
Employer
36 842
-
187 353
-
accident
295
-
1 498
-
other
1 843
-
7 714
-
unemployment
368
-
1 542
-
pensions

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

6 264
-
26 232
-
health
516
-
2 160
-
total
9 286
-
39 146
-
Corporate
180 373
226 500
-
-
income
37 878
47 565
-
-
total
37 878
47 565
-
-
Dividends
142 495
178 935
-
-
withholding
9 974
12 526
-
-
total
9 974
12 526
-
-
Income
226 500
226 500
226 500
226 500
Total tax
66 943
60 091
92 567
90 694
After tax
159 557
166 409
133 933
135 806
Living cost
27 037
27 037
27 037
27 037
Free-cash
132 520
139 372
106 896
108 769

Estimated living cost  is ₽27037 per week

₽19103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1825
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.
₽5673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74810
₽83053
₽78253
₽58006
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
69 633
pensions
-
-
-
10 135
total
-
-
-
79 768
Employee
96 888
-
197 433
-
health
1 597
-
2 684
-
income
17 465
-
56 136
-
pensions
9 347
-
12 128
-
total
28 409
-
70 948
-
Employer
96 888
-
197 433
-
pensions
11 440
-
25 315
-
health
1 840
-
3 752
-
total
13 280
-
29 067
-
Corporate
116 332
226 500
-
-
income

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

22 104
43 035
-
-
total
22 104
43 035
-
-
Dividends
94 229
183 465
-
-
withholding
11 175
40 176
-
-
total
11 175
40 176
-
-
Income
226 500
226 500
226 500
226 500
Total tax
74 968
83 211
100 015
79 768
After tax
151 532
143 289
126 485
146 732
Living cost
68 479
68 479
68 479
68 479
Free-cash
83 053
74 810
58 006
78 253

Estimated living cost  is ₽68479 per week

₽51313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽180344
₽175628
₽169742
₽179140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
33 975
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
43 445
Employee
17 628
-
219 542
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
21 954
-
pensions

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

1 548
-
3 114
-
total
4 316
-
27 089
-
Employer
17 628
-
219 542
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
205 413
226 500
-
-
income
20 541
22 650
-
-
total
20 541
22 650
-
-
Dividends
184 872
203 850
-
-
withholding
9 243
10 193
-
-
total
9 243
10 193
-
-
Income
226 500
226 500
226 500
226 500
Total tax
37 559
32 843
34 047
43 445
After tax
188 941
193 657
192 453
183 055
Living cost
13 313
13 313
13 313
13 313
Free-cash
175 628
180 344
179 140
169 742

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56584
₽59139
₽65458
₽88596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
80 376
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
104 776
Employee
94 074
86 650
207 643
-
health
11 736
11 313
12 512
-
income

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

14 183
14 183
38 381
-
pensions
11 888
11 888
11 888
-
total
37 807
37 384
62 781
-
Employer
94 074
86 650
207 643
-
unemployment
3 387
3 119
3 876
-
pensions
6 547
6 031
7 496
-
health
6 537
6 023
7 485
-
total
16 471
15 173
18 857
-
Corporate
115 955
124 677
-
-
income
23 191
24 936
-
-
total
23 191
24 936
-
-
Dividends
92 763
99 741
-
-
income
19 712
21 195
-
-
withholding
13 914
14 962
-
-
total
33 626
36 157
-
-
Income
226 500
226 500
226 500
226 500
Total tax
111 095
113 650
81 638
104 776
After tax
115 405
112 850
144 862
121 724
Living cost
56 266
56 266
56 266
56 266
Free-cash
59 139
56 584
88 596
65 458

Estimated living cost  is ₽56266 per week

₽41505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131619
₽122940
₽109580
₽99639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
24 138
health
-
-
-
30 578
solidarity contribution
-
-
-
2 873
social contributions
-
-
-
35 005
total
-
-
-
92 594
Employee
35 774
-
180 303
-
social contributions
2 325
-
7 792
-
health
4 830
-
24 341
-
solidarity contribution
-
-
1 980
-
income
4 293
-
22 225
-
total
11 448
-
56 338
-
Employer
35 774
-
180 303
-
social contributions
8 944
-
29 970
-
health
3 220
-
16 227
-
total
12 164
-
46 197
-
Corporate
178 563
226 500
-
-
income
33 927
43 035
-
-
total
33 927
43 035
-
-
Dividends
144 636
183 465
-
-
withholding
21 695
27 520
-
-
total
21 695
27 520
-
-
Income
226 500
226 500
226 500
226 500
Total tax
79 234
70 555
102 535
92 594
After tax
147 266
155 945
123 965
133 906
Living cost
24 326
24 326
24 326
24 326
Free-cash
122 940
131 619
99 639
109 580

Estimated living cost  is ₽24326 per week

₽16897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
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.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78031
₽72734
₽66232
₽57630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
municipal
-
-
-
1 406
regional
-
-
-
2 856
national
-
-
-
62 405
social contributions
-
-
-
50 785
total
-
-
-
117 452
Employee
90 179
-
226 500
-
social contributions
30 408
-
66 580
-
regional
851
-
2 581
-
municipal
478
-
1 279
-
national
15 626
-
55 614
-
total
47 363
-
126 054
-
Employer
90 179
-
226 500
-
total
-
-
-
-
Corporate
136 321
226 500
-
-
nationa
32 717
54 360
-
-
municipal
5 316
8 834
-
-
total
38 033
63 194
-
-
Dividends
98 287
163 305
-
-
withholding
25 554
42 459
-
-
total
25 554
42 459
-
-
Income
226 500
226 500
226 500
226 500
Total tax
110 950
105 653
126 054
117 452
After tax
115 550
120 847
100 446
109 048
Living cost
42 816
42 816
42 816
42 816
Free-cash
72 734
78 031
57 630
66 232

Estimated living cost  is ₽42816 per week

₽29846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120078
₽116919
₽84162
₽77956
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
71 057
pensions
-
-
-
27 085
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 614
surtax
-
-
-
11 960
total
-
-
-
119 947
Employee
33 555
-
197 994
-
other
-
-
-
-
health
857
-
3 453
-
surtax
110
-
10 747
-
income
5 625
-
64 988
-
pensions
2 237
-
9 033
-
unemployment
2 336
-
9 426
-
total
11 165
-
97 647
-
Employer
33 555
-
197 994
-
other
-
-
-
-
unemployment
1 063
-
4 292
-
pensions
4 473
-
18 052
-
health
1 527
-
6 162
-
total
7 063
-
28 506
-
Corporate
185 882
226 500
-
-
income
48 330
58 889
-
-
total
48 330
58 889
-
-
Dividends
137 552
167 611
-
-
withholding
20 632
25 142
-
-
total
20 632
25 142
-
-
Income
226 500
226 500
226 500
226 500
Total tax
87 190
84 031
126 153
119 947
After tax
139 310
142 469
100 347
106 553
Living cost
22 391
22 391
22 391
22 391
Free-cash
116 919
120 078
77 956
84 162

Estimated living cost  is ₽22391 per week

₽13691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96506
₽103271
₽99949
₽79702
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
69 633
pensions
-
-
-
10 135
total
-
-
-
79 768
Employee
64 932
-
197 433
-
health
943
-
2 684
-
income
11 695
-
56 136
-
pensions
5 511
-
12 128
-
total
18 149
-
70 948
-
Employer
64 932
-
197 433
-
pensions
7 029
-
25 315
-
health
1 233
-
3 752
-
total
8 262
-
29 067
-
Corporate
153 306
226 500
-
-
income

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

29 128
43 035
-
-
total
29 128
43 035
-
-
Dividends
124 178
183 465
-
-
withholding
20 907
40 176
-
-
total
20 907
40 176
-
-
Income
226 500
226 500
226 500
226 500
Total tax
76 446
83 211
100 015
79 768
After tax
150 054
143 289
126 485
146 732
Living cost
46 783
46 783
46 783
46 783
Free-cash
103 271
96 506
79 702
99 949

Estimated living cost  is ₽46783 per week

₽35050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26247
₽59333
₽102379
₽94102
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
city
-
-
-
2 387
pensions
-
-
-
20 839
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.

-
-
-
4 530
regional
-
-
-
12 687
health
-
-
-
510
national
-
-
-
5 842
total
-
-
-
46 795
Employee
90 491
-
203 852
-
city
971
-
2 204
-
regional
2 963
-
11 304
-
health
205
-
459
-
pensions
7 602
-
15 870
-
unemployment
-
-
-
-
national
428
-
4 829
-
total
12 169
-
34 666
-
Employer
90 491
-
203 852
-
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.

1 809
-
4 077
-
unemployment
-
-
-
-
pensions
7 602
-
15 870
-
health
205
-
459
-
total
9 616
-
20 406
-
Corporate
125 398
226 500
-
-
regional
26 521
47 904
-
-
national
10 659
19 252
-
-
total
37 180
67 156
-
-
Dividends
88 218
159 343
-
-
withholding
30 876
55 771
-
-
total
30 876
55 771
-
-
Income
226 500
226 500
226 500
226 500
Total tax
89 841
122 927
55 072
46 795
After tax
136 659
103 573
171 428
179 705
Living cost
77 326
77 326
77 326
77 326
Free-cash
59 333
26 247
94 102
102 379

Estimated living cost  is ₽77326 per week

₽50284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽949
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽65346
₽81802
₽62880
₽93633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 500
trade
-
-
-
30 753
income

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

-
-
-
75 310
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.

-
-
-
6 932
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.

-
-
-
4 142
total
-
-
-
117 137
Employee

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

60 981
-
226 500
-
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.

6 932
-
6 932
-
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.

395
-
4 142
-
income

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

7 171
-
75 310
-
total
14 498
-
86 384
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 519
226 500
-
-
surtax

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

1 365
1 868
-
-
income
24 828
33 975
-
-
trade
28 387
38 844
-
-
chamber of commerce
387
474
-
-
total
54 967
75 161
-
-
Dividends
110 552
151 340
-
-
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.

1 498
2 060
-
-
withholding
27 252
37 450
-
-
total
28 750
39 510
-
-
Income
226 500
226 500
226 500
226 500
Total tax
98 215
114 671
86 384
117 137
After tax
128 285
111 829
140 116
109 363
Living cost
46 483
46 483
46 483
46 483
Free-cash
81 802
65 346
93 633
62 880

Estimated living cost  is ₽46483 per week

₽33950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79439
₽85435
₽89381
₽82864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
42 025
pensions
-
-
-
35 835
other
-
-
-
7 021
health
-
-
-
11 068
surtax
-
-
-
-
social contributions
-
-
-
6 454
total
-
-
-
102 403
Employee
43 427
-
172 840
-
social contributions
1 238
-
4 926
-
surtax
-
-
-
-
income
2 563
-
37 307
-
pensions
4 910
-
13 036
-
total
8 711
-
55 269
-
Employer
43 427
-
172 840
-
other
1 498
-
7 175
-
social contributions
131
-
518
-
unemployment
1 758
-
6 999
-
pensions
7 134
-
21 763
-
health
3 040
-
17 196
-
total
13 561
-
53 651
-
Corporate
169 511
226 500
-
-
surtax
-
-
-
-
income
47 463
63 420
-
-
total
47 463
63 420
-
-
Dividends
122 048
163 080
-
-
surtax
-
-
-
-
social contributions
20 992
28 050
-
-
withholding
15 622
20 875
-
-
total
36 614
48 925
-
-
Income
226 500
226 500
226 500
226 500
Total tax
106 349
112 345
108 920
102 403
After tax
120 151
114 155
117 580
124 097
Living cost
34 716
34 716
34 716
34 716
Free-cash
85 435
79 439
82 864
89 381

Estimated living cost  is ₽34716 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82879
₽88518
₽92821
₽86304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
42 025
pensions
-
-
-
35 835
other
-
-
-
7 021
health
-
-
-
11 068
surtax
-
-
-
-
social contributions
-
-
-
6 454
total
-
-
-
102 403
Employee
38 765
-
172 840
-
social contributions
1 105
-
4 926
-
surtax
-
-
-
-
income
1 999
-
37 307
-
pensions
4 384
-
13 036
-
total
7 488
-
55 269
-
Employer
38 765
-
172 840
-
other
1 338
-
7 175
-
social contributions
116
-
518
-
unemployment
1 569
-
6 999
-
pensions
6 370
-
21 763
-
health
2 713
-
17 196
-
total
12 106
-
53 651
-
Corporate
175 629
226 500
-
-
surtax
-
-
-
-
income
49 177
63 420
-
-
total
49 177
63 420
-
-
Dividends
126 452
163 080
-
-
surtax
-
-
-
-
social contributions
21 749
28 050
-
-
withholding
16 186
20 875
-
-
total
37 935
48 925
-
-
Income
226 500
226 500
226 500
226 500
Total tax
106 706
112 345
108 920
102 403
After tax
119 794
114 155
117 580
124 097
Living cost
31 276
31 276
31 276
31 276
Free-cash
88 518
82 879
86 304
92 821

Estimated living cost  is ₽31276 per week

₽18139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3177
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.
₽9368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116671
₽117196
₽123942
₽117867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
33 975
health
-
-
-
15 809
social contributions
-
-
-
31 258
total
-
-
-
81 042
Employee
34 404
-
226 500
-
social contributions
4 748
-
31 258
-
health
2 401
-
15 809
-
income
5 738
-
40 050
-
total
12 887
-
87 117
-
Employer
34 404
-
226 500
-
total
-
-
-
-
Corporate
192 096
226 500
-
-
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%.

9 605
11 324
-
-
total
9 605
11 324
-
-
Dividends
182 491
215 176
-
-
health
12 738
15 019
-
-
social contributions
25 184
29 694
-
-
withholding
27 374
32 276
-
-
total
65 296
76 989
-
-
Income
226 500
226 500
226 500
226 500
Total tax
87 788
88 313
87 117
81 042
After tax
138 712
138 187
139 383
145 458
Living cost
21 516
21 516
21 516
21 516
Free-cash
117 196
116 671
117 867
123 942

Estimated living cost  is ₽21516 per week

₽14399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89111
₽87543
₽80309
₽23645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
chamber of commerce
-
-
-
907
income
-
-
-
72 110
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
200
total
-
-
-
110 437
Employee
50 709
40 437
187 174
-
other
506
404
1 186
-
health
1 962
1 565
4 587
-
income
5 773
2 983
60 476
-
pensions
5 193
4 140
12 139
-
unemployment
1 521
1 213
3 557
-
total
14 955
10 305
81 945
-
Employer
50 709
40 437
187 174
-
accident
659
526
1 540
-
other
2 409
1 920
8 307
-
chamber of commerce
202
162
749
-
unemployment
1 521
1 213
3 557
-
surtax
200
200
200
-
pensions
6 364
5 076
14 877
-
payroll
1 521
1 213
5 615
-
health
1 916
1 529
4 481
-
total
14 792
11 839
39 326
-
Corporate
160 998
174 225
183 323
-
income

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

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

40 250
43 556
45 830
-
total
40 250
43 556
45 830
-
Dividends
120 749
130 669
-
-
withholding
33 206
35 935
-
-
total
33 206
35 935
-
-
Income
226 500
226 500
226 500
226 500
Total tax
103 203
101 635
167 101
110 437
After tax
123 297
124 865
59 399
116 063
Living cost
35 754
35 754
35 754
35 754
Free-cash
87 543
89 111
23 645
80 309

Estimated living cost  is ₽35754 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87398
₽74360
₽61510
₽40080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
national
-
-
-
90 624
communal

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

-
-
-
12 071
social contributions
-
-
-
25 298
total
-
-
-
127 993
Employee

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

72 581
-
175 432
-
communal

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

3 786
-
9 150
-
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.

3 410
-
8 245
-
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.

5 444
-
13 157
-
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.

632
-
1 527
-
national
22 314
-
66 276
-
total
35 586
-
98 355
-
Employer

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

72 581
-
175 432
-
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.

944
-
2 280
-
unemployment

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

1 059
-
2 561
-
surtax
8 230
-
19 895
-
pensions

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

6 431
-
15 543
-
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.

4 463
-
10 789
-
total
21 127
-
51 068
-
Corporate
132 792
226 500
-
-
surtax
531
967
-
-
income
26 559
48 355
-
-
total
27 090
49 322
-
-
Dividends
105 701
177 179
-
-
withholding

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

31 340
52 783
-
-
total
31 340
52 783
-
-
Income
226 500
226 500
226 500
226 500
Total tax
115 143
102 105
149 423
127 993
After tax
111 357
124 395
77 077
98 507
Living cost
36 997
36 997
36 997
36 997
Free-cash
74 360
87 398
40 080
61 510

Estimated living cost  is ₽36997 per week

₽23831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113757
₽106805
₽89931
₽85674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
accident
-
-
-
847
income
-
-
-
71 709
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
99 924
Employee
50 509
-
196 517
-
other
50
-
94
-
income
10 657
-
68 225
-
pensions
2 374
-
4 421
-
unemployment
784
-
1 458
-
total
13 865
-
74 198
-
Employer
50 509
-
196 517
-
accident
999
-
1 862
-
other
402
-
753
-
unemployment
2 779
-
5 172
-
pensions
11 919
-
22 196
-
total
16 099
-
29 983
-
Corporate
159 892
226 500
-
-
income

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

23 983
33 975
-
-
total
23 983
33 975
-
-
Dividends
135 909
192 525
-
-
withholding
29 103
42 123
-
-
total
29 103
42 123
-
-
Income
226 500
226 500
226 500
226 500
Total tax
83 050
76 098
104 181
99 924
After tax
143 450
150 402
122 319
126 576
Living cost
36 645
36 645
36 645
36 645
Free-cash
106 805
113 757
85 674
89 931

Estimated living cost  is ₽36645 per week

₽26985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73274
₽59330
₽51492
₽60522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
accident
-
-
-
1 910
income
-
-
-
42 548
pensions
-
-
-
33 950
health
-
-
-
15 915
surtax
-
-
-
11 228
communal
-
-
-
14 315
total
-
-
-
119 866
Employee
76 841
-
202 321
-
health
3 420
-
9 004
-
surtax
4 710
-
12 399
-
income
7 422
-
49 068
-
pensions
6 146
-
16 186
-
total
21 698
-
86 657
-
Employer
76 841
-
202 321
-
accident
691
-
1 822
-
pensions
6 146
-
16 186
-
health
2 343
-
6 171
-
total
9 180
-
24 179
-
Corporate
140 478
226 500
-
-
surtax
1 475
2 378
-
-
communal
9 481
15 289
-
-
income
21 071
33 975
-
-
total
32 027
51 642
-
-
Dividends
108 450
174 858
-
-
income
32 856
20 214
-
-
withholding
16 267
26 228
-
-
total
49 123
46 442
-
-
Income
226 500
226 500
226 500
226 500
Total tax
112 028
98 084
110 836
119 866
After tax
114 472
128 416
115 664
106 634
Living cost
55 142
55 142
55 142
55 142
Free-cash
59 330
73 274
60 522
51 492

Estimated living cost  is ₽55142 per week

₽41365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119678
₽116450
₽83762
₽77556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
71 057
pensions
-
-
-
27 085
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 614
surtax
-
-
-
11 960
total
-
-
-
119 947
Employee
34 171
-
197 994
-
other
-
-
-
-
health
872
-
3 453
-
surtax
121
-
10 747
-
income
5 729
-
64 988
-
pensions
2 280
-
9 033
-
unemployment
2 378
-
9 426
-
total
11 380
-
97 647
-
Employer
34 171
-
197 994
-
other
-
-
-
-
unemployment
1 084
-
4 292
-
pensions
4 556
-
18 052
-
health
1 554
-
6 162
-
total
7 194
-
28 506
-
Corporate
185 135
226 500
-
-
income
48 135
58 889
-
-
total
48 135
58 889
-
-
Dividends
137 000
167 611
-
-
withholding
20 550
25 142
-
-
total
20 550
25 142
-
-
Income
226 500
226 500
226 500
226 500
Total tax
87 259
84 031
126 153
119 947
After tax
139 241
142 469
100 347
106 553
Living cost
22 791
22 791
22 791
22 791
Free-cash
116 450
119 678
77 556
83 762

Estimated living cost  is ₽22791 per week

₽13760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91721
₽89469
₽81004
₽72448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
municipal
-
-
-
1 406
regional
-
-
-
3 567
national
-
-
-
62 405
social contributions
-
-
-
50 785
total
-
-
-
118 163
Employee
56 286
-
226 500
-
social contributions
18 980
-
66 580
-
regional
758
-
3 246
-
municipal
298
-
1 279
-
national
8 917
-
55 614
-
total
28 953
-
126 719
-
Employer
56 286
-
226 500
-
total
-
-
-
-
Corporate
170 214
226 500
-
-
nationa
40 851
54 360
-
-
municipal
8 459
11 257
-
-
total
49 310
65 617
-
-
Dividends
120 904
160 883
-
-
withholding
31 435
41 829
-
-
total
31 435
41 829
-
-
Income
226 500
226 500
226 500
226 500
Total tax
109 698
107 446
126 719
118 163
After tax
116 802
119 054
99 781
108 337
Living cost
27 333
27 333
27 333
27 333
Free-cash
89 469
91 721
72 448
81 004

Estimated living cost  is ₽27333 per week

₽16999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125968
₽115275
₽103929
₽93988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
24 138
health
-
-
-
30 578
solidarity contribution
-
-
-
2 873
social contributions
-
-
-
35 005
total
-
-
-
92 594
Employee
44 083
-
180 303
-
social contributions
2 865
-
7 792
-
health
5 951
-
24 341
-
solidarity contribution
-
-
1 980
-
income
5 290
-
22 225
-
total
14 106
-
56 338
-
Employer
44 083
-
180 303
-
social contributions
11 021
-
29 970
-
health
3 967
-
16 227
-
total
14 988
-
46 197
-
Corporate
167 429
226 500
-
-
income
31 811
43 035
-
-
total
31 811
43 035
-
-
Dividends
135 617
183 465
-
-
withholding
20 343
27 520
-
-
total
20 343
27 520
-
-
Income
226 500
226 500
226 500
226 500
Total tax
81 248
70 555
102 535
92 594
After tax
145 252
155 945
123 965
133 906
Living cost
29 977
29 977
29 977
29 977
Free-cash
115 275
125 968
93 988
103 929

Estimated living cost  is ₽29977 per week

₽22292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
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.
₽5505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92603
₽92099
₽83891
₽27075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
chamber of commerce
-
-
-
907
income
-
-
-
72 110
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
-
total
-
-
-
110 237
Employee
44 355
40 437
187 361
-
other
443
404
1 186
-
health
1 716
1 565
4 587
-
income
3 951
2 983
60 566
-
pensions
4 542
4 140
12 139
-
unemployment
1 331
1 213
3 557
-
total
11 983
10 305
82 035
-
Employer
44 355
40 437
187 361
-
accident
576
526
1 540
-
other
2 107
1 920
8 315
-
chamber of commerce
177
162
749
-
unemployment
1 331
1 213
3 557
-
surtax
-
-
-
-
pensions
5 567
5 076
14 877
-
payroll
1 331
1 213
5 621
-
health
1 677
1 529
4 481
-
total
12 766
11 639
39 140
-
Corporate
169 381
174 425
183 510
-
income

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

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

42 345
43 606
45 878
-
total
42 345
43 606
45 878
-
Dividends
127 036
130 819
-
-
withholding
34 935
35 975
-
-
total
34 935
35 975
-
-
Income
226 500
226 500
226 500
226 500
Total tax
102 029
101 525
167 053
110 237
After tax
124 471
124 975
59 447
116 263
Living cost
32 372
32 372
32 372
32 372
Free-cash
92 099
92 603
27 075
83 891

Estimated living cost  is ₽32372 per week

₽19419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽200742
₽198036
₽209802
₽166767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
226 500
microenterprise

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

-
-
-
2 265
total
-
-
-
2 265
Employee
18 041
-
226 500
-
income
3 608
-
45 300
-
total
3 608
-
45 300
-
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%.

208 459
226 500
-
-
total
-
-
-
-
Dividends
208 459
226 500
-
-
withholding
10 423
11 325
-
-
total
10 423
11 325
-
-
Income
226 500
226 500
226 500
226 500
Total tax
14 031
11 325
45 300
2 265
After tax
212 469
215 175
181 200
224 235
Living cost
14 433
14 433
14 433
14 433
Free-cash
198 036
200 742
166 767
209 802

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128730
₽120241
₽78127
₽73210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 500
income
-
-
-
57 167
pensions
-
-
-
41 365
unemployment
-
-
-
339
health
-
-
-
22 286
total
-
-
-
121 157
Employee

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

44 870
-
195 984
-
health
2 898
-
12 661
-
income
7 738
-
52 247
-
pensions
6 955
-
30 378
-
unemployment
64
-
273
-
total
17 655
-
95 559
-
Employer

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

44 870
-
195 984
-
unemployment
27
-
117
-
pensions
3 970
-
17 345
-
health
2 988
-
13 053
-
total
6 985
-
30 515
-
Corporate
174 644
226 500
-
-
income
33 183
43 034
-
-
total
33 183
43 034
-
-
Dividends
141 461
183 466
-
-
withholding
21 220
27 520
-
-
total
21 220
27 520
-
-
Income
226 500
226 500
226 500
226 500
Total tax
79 043
70 554
126 074
121 157
After tax
147 457
155 946
100 426
105 343
Living cost
27 216
27 216
27 216
27 216
Free-cash
120 241
128 730
73 210
78 127

Estimated living cost  is ₽27216 per week

₽18678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93819
₽45331
₽112546
₽169106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
44 149
social contributions
-
-
-
25 821
total
-
-
-
69 970
Employee
63 067
-
-
-
social contributions
5 172
-
737
-
income
13 911
-
-
-
total
19 083
-
737
-
Employer
63 067
-
-
-
social contributions
88 924
-
12 673
-
total
88 924
-
12 673
-
Corporate
74 509
226 500
-
-
income
16 392
49 830
-
-
total
16 392
49 830
-
-
Dividends
58 117
176 670
-
-
income
12 786
38 867
-
-
total
12 786
38 867
-
-
Income
226 500
226 500
226 500
226 500
Total tax
137 185
88 697
13 410
69 970
After tax
89 315
137 803
213 090
156 530
Living cost
43 984
43 984
43 984
43 984
Free-cash
45 331
93 819
169 106
112 546

Estimated living cost  is ₽43984 per week

₽28539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
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.
₽10748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97007
₽95983
₽86410
₽68788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 500
income
-
-
-
29 554
surtax
-
-
-
-
social contributions

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

-
-
-
78 709
total
-
-
-
108 263
Employee
46 668
-
183 031
-
social contributions
5 134
-
20 134
-
surtax
-
-
221
-
income
9 707
-
62 061
-
total
14 841
-
82 416
-
Employer
46 668
-
183 031
-
social contributions
11 084
-
43 469
-
total
11 084
-
43 469
-
Corporate
168 749
226 500
-
-
surtax
-
-
-
-
income
35 438
47 565
-
-
total
35 438
47 565
-
-
Dividends
133 311
178 935
-
-
withholding
37 327
50 101
-
-
total
37 327
50 101
-
-
Income
226 500
226 500
226 500
226 500
Total tax
98 690
97 666
125 885
108 263
After tax
127 810
128 834
100 615
118 237
Living cost
31 827
31 827
31 827
31 827
Free-cash
95 983
97 007
68 788
86 410

Estimated living cost  is ₽31827 per week

₽23813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
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.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65147
₽72123
₽75089
₽68572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
42 025
pensions
-
-
-
35 835
other
-
-
-
7 021
health
-
-
-
11 068
surtax
-
-
-
-
social contributions
-
-
-
6 454
total
-
-
-
102 403
Employee
63 552
-
172 840
-
social contributions
1 810
-
4 926
-
surtax
-
-
-
-
income
5 545
-
37 307
-
pensions
7 188
-
13 036
-
total
14 543
-
55 269
-
Employer
63 552
-
172 840
-
other
2 193
-
7 175
-
social contributions
191
-
518
-
unemployment
2 574
-
6 999
-
pensions
10 442
-
21 763
-
health
4 448
-
17 196
-
total
19 848
-
53 651
-
Corporate
143 100
226 500
-
-
surtax
-
-
-
-
income
40 067
63 420
-
-
total
40 067
63 420
-
-
Dividends
103 033
163 080
-
-
surtax
-
-
-
-
social contributions
17 723
28 050
-
-
withholding
13 188
20 875
-
-
total
30 911
48 925
-
-
Income
226 500
226 500
226 500
226 500
Total tax
105 369
112 345
108 920
102 403
After tax
121 131
114 155
117 580
124 097
Living cost
49 008
49 008
49 008
49 008
Free-cash
72 123
65 147
68 572
75 089

Estimated living cost  is ₽49008 per week

₽33168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173349
₽169940
₽134664
₽140684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
11 505
social contributions
-
-
-
49 830
total
-
-
-
61 335
Employee
32 621
-
196 103
-
income
-
-
12 173
-
social contributions
2 120
-
12 745
-
total
2 120
-
24 918
-
Employer
32 621
-
196 103
-
social contributions
5 057
-
30 397
-
total
5 057
-
30 397
-
Corporate
188 822
226 500
-
-
income
18 882
22 650
-
-
total
18 882
22 650
-
-
Dividends
169 940
203 850
-
-
total
-
-
-
-
Income
226 500
226 500
226 500
226 500
Total tax
26 059
22 650
55 315
61 335
After tax
200 441
203 850
171 185
165 165
Living cost
30 501
30 501
30 501
30 501
Free-cash
169 940
173 349
140 684
134 664

Estimated living cost  is ₽30501 per week

₽19722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5399
₽3074
₽81952
₽5399
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
municipal
-
-
-
48 599
pensions
-
-
-
880
national
-
-
-
28 146
labour market
-
-
-
18 050
total
-
-
-
95 675
Employee
206 279
206 279
206 279
-
labour market
16 479
16 479
16 479
-
national
25 201
25 201
25 201
-
municipal
43 926
43 926
43 926
-
pensions
293
293
293
-
total
85 899
85 899
85 899
-
Employer
206 279
206 279
206 279
-
labour market
16 502
16 502
16 502
-
municipal
43 996
43 996
43 996
-
pensions
586
586
586
-
national
25 245
25 245
25 245
-
total
86 329
86 329
86 329
-
Corporate
5 399
-
-
-
income
1 188
-
-
-
total
1 188
-
-
-
Dividends
4 211
-
-
-
withholding
1 137
-
-
-
total
1 137
-
-
-
Income
226 500
226 500
226 500
226 500
Total tax
174 553
172 228
172 228
95 675
After tax
51 947
54 272
54 272
130 825
Living cost
48 873
48 873
48 873
48 873
Free-cash
3 074
5 399
5 399
81 952

Estimated living cost  is ₽48873 per week

₽33449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3432
₽15007
₽132880
₽102991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
accident
-
-
-
254
income
-
-
-
64 844
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
71 842
Employee
34 259
-
206 906
-
health
3 923
-
23 691
-
income
4 700
-
50 780
-
pensions
3 858
-
7 666
-
total
12 481
-
82 137
-
Employer
34 259
-
206 906
-
accident
572
-
3 455
-
unemployment
839
-
5 069
-
pensions
5 570
-
11 070
-
total
6 981
-
19 594
-
Corporate
185 259
226 500
-
-
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.

166 733
203 850
-
-
total
166 733
203 850
-
-
Dividends
18 526
22 650
-
-
withholding
3 520
4 304
-
-
total
3 520
4 304
-
-
Income
226 500
226 500
226 500
226 500
Total tax
189 715
208 154
101 731
71 842
After tax
36 785
18 346
124 769
154 658
Living cost
21 778
21 778
21 778
21 778
Free-cash
15 007
-3 432
102 991
132 880

Estimated living cost  is ₽21778 per week

₽15852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100004
₽103138
₽100192
₽74248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
226 500
municipal
-
-
-
40 219
health
-
-
-
3 065
national
-
-
-
44 067
total
-
-
-
87 351
Employee
53 385
-
190 544
-
health
399
-
2 511
-
municipal
8 744
-
31 017
-
pensions
3 603
-
12 861
-
unemployment
801
-
2 858
-
national
882
-
28 092
-
total
14 429
-
77 339
-
Employer
53 385
-
190 544
-
accident
54
-
191
-
unemployment
347
-
1 238
-
pensions
9 262
-
33 060
-
health
410
-
1 467
-
total
10 073
-
35 956
-
Corporate
163 043
226 500
-
-
income
32 609
45 301
-
-
total
32 609
45 301
-
-
Dividends

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

97 825
135 900
-
-
national
9 685
17 776
-
-
municipal
17 609
24 462
-
-
total
27 294
42 238
-
-
Income
226 500
226 500
226 500
226 500
Total tax
84 405
87 539
113 295
87 351
After tax
142 095
138 961
113 205
139 149
Living cost
38 957
38 957
38 957
38 957
Free-cash
103 138
100 004
74 248
100 192

Estimated living cost  is ₽38957 per week

₽25446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141584
₽136061
₽128927
₽127066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
51 886
health
-
-
-
5 777
social contributions
-
-
-
16 417
total
-
-
-
74 080
Employee
78 025
78 025
213 811
-
social contributions
2 950
6 476
8 734
-
health
605
1 327
3 635
-
income
8 496
7 223
50 883
-
total
12 051
15 026
63 252
-
Employer
78 025
78 025
213 811
-
social contributions
2 950
6 476
8 734
-
health
657
1 444
3 955
-
total
3 607
7 920
12 689
-
Corporate
187 351
140 556
-
-
income
23 419
17 569
-
-
total
23 419
17 569
-
-
Dividends
163 932
122 987
-
-
withholding
27 869
20 908
-
-
total
27 869
20 908
-
-
Income
226 500
226 500
226 500
226 500
Total tax
66 946
61 423
75 941
74 080
After tax
159 554
165 077
150 559
152 420
Living cost
23 493
23 493
23 493
23 493
Free-cash
136 061
141 584
127 066
128 927

Estimated living cost  is ₽23493 per week

₽14080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171453
₽166294
₽176795
₽156444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
226 500
income
-
-
-
23 440
pensions
-
-
-
6 454
unemployment
-
-
-
29
health
-
-
-
3 672
total
-
-
-
33 595
Employee

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

23 291
-
216 583
-
health
1 979
-
8 184
-
income
1 592
-
20 923
-
pensions
3 493
-
14 442
-
unemployment
116
-
481
-
total
7 180
-
44 030
-
Employer

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

23 291
-
216 583
-
unemployment
116
-
481
-
pensions
1 280
-
5 295
-
health
1 001
-
4 140
-
total
2 397
-
9 916
-
Corporate
200 812
226 500
-
-
income
18 073
20 386
-
-
total
18 073
20 386
-
-
Dividends
182 739
206 114
-
-
withholding
16 446
18 551
-
-
total
16 446
18 551
-
-
Income
226 500
226 500
226 500
226 500
Total tax
44 096
38 937
53 946
33 595
After tax
182 404
187 563
172 554
192 905
Living cost
16 110
16 110
16 110
16 110
Free-cash
166 294
171 453
156 444
176 795

Estimated living cost  is ₽16110 per week

₽10279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122499
₽118016
₽98673
₽94416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
accident
-
-
-
847
income
-
-
-
71 709
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
99 924
Employee
37 519
-
196 517
-
other
37
-
94
-
income
7 233
-
68 225
-
pensions
1 764
-
4 421
-
unemployment
582
-
1 458
-
total
9 616
-
74 198
-
Employer
37 519
-
196 517
-
accident
743
-
1 862
-
other
300
-
753
-
unemployment
2 064
-
5 172
-
pensions
8 854
-
22 196
-
total
11 961
-
29 983
-
Corporate
177 020
226 500
-
-
income

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

26 553
33 975
-
-
total
26 553
33 975
-
-
Dividends
150 466
192 525
-
-
withholding
32 451
42 123
-
-
total
32 451
42 123
-
-
Income
226 500
226 500
226 500
226 500
Total tax
80 581
76 098
104 181
99 924
After tax
145 919
150 402
122 319
126 576
Living cost
27 903
27 903
27 903
27 903
Free-cash
118 016
122 499
94 416
98 673

Estimated living cost  is ₽27903 per week

₽18834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
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.
₽5898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138549
₽138092
₽142801
₽142603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
77 405
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
80 912
Employee
4 245
-
224 213
-
health
212
-
508
-
income
821
-
77 298
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
78 823
-
Employer
4 245
-
224 213
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
221 299
226 500
-
-
income
48 686
49 830
-
-
total
48 686
49 830
-
-
Dividends
172 613
176 670
-
-
withholding
34 523
35 334
-
-
total
34 523
35 334
-
-
Income
226 500
226 500
226 500
226 500
Total tax
85 621
85 164
81 110
80 912
After tax
140 879
141 336
145 390
145 588
Living cost
2 787
2 787
2 787
2 787
Free-cash
138 092
138 549
142 603
142 801

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146091
₽141097
₽128203
₽128201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 500
income
-
-
-
52 385
pensions
-
-
-
19 505
unemployment
-
-
-
1 125
health
-
-
-
7 727
total
-
-
-
80 742
Employee

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

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

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

26 472
-
213 071
-
health
1 363
-
3 864
-
income
3 649
-
52 385
-
pensions
3 706
-
10 503
-
unemployment
199
-
563
-
total
8 917
-
67 315
-
Employer

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

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

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

26 472
-
213 071
-
unemployment
199
-
563
-
pensions
3 177
-
9 002
-
health
1 363
-
3 864
-
total
4 739
-
13 429
-
Corporate
195 290
226 500
-
-
income
29 293
33 975
-
-
total
29 293
33 975
-
-
Dividends
165 996
192 525
-
-
withholding
24 899
28 879
-
-
total
24 899
28 879
-
-
Income
226 500
226 500
226 500
226 500
Total tax
67 848
62 854
80 744
80 742
After tax
158 652
163 646
145 756
145 758
Living cost
17 555
17 555
17 555
17 555
Free-cash
141 097
146 091
128 201
128 203

Estimated living cost  is ₽17555 per week

₽11820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
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.
₽3869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101479
₽101112
₽90882
₽73260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 500
income
-
-
-
29 554
surtax
-
-
-
-
social contributions

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

-
-
-
78 709
total
-
-
-
108 263
Employee
39 382
-
183 031
-
social contributions
4 333
-
20 134
-
surtax
-
-
221
-
income
7 695
-
62 061
-
total
12 028
-
82 416
-
Employer
39 382
-
183 031
-
social contributions
9 352
-
43 469
-
total
9 352
-
43 469
-
Corporate
177 765
226 500
-
-
surtax
-
-
-
-
income
37 331
47 565
-
-
total
37 331
47 565
-
-
Dividends
140 435
178 935
-
-
withholding
39 322
50 101
-
-
total
39 322
50 101
-
-
Income
226 500
226 500
226 500
226 500
Total tax
98 033
97 666
125 885
108 263
After tax
128 467
128 834
100 615
118 237
Living cost
27 355
27 355
27 355
27 355
Free-cash
101 112
101 479
73 260
90 882

Estimated living cost  is ₽27355 per week

₽19375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
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.
₽5596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114741
₽108099
₽90915
₽86658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
accident
-
-
-
847
income
-
-
-
71 709
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
99 924
Employee
49 005
-
196 517
-
other
48
-
94
-
income
10 235
-
68 225
-
pensions
2 303
-
4 421
-
unemployment
759
-
1 458
-
total
13 345
-
74 198
-
Employer
49 005
-
196 517
-
accident
970
-
1 862
-
other
393
-
753
-
unemployment
2 696
-
5 172
-
pensions
11 565
-
22 196
-
total
15 624
-
29 983
-
Corporate
161 871
226 500
-
-
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.

24 281
33 975
-
-
total
24 281
33 975
-
-
Dividends
137 590
192 525
-
-
withholding
29 490
42 123
-
-
total
29 490
42 123
-
-
Income
226 500
226 500
226 500
226 500
Total tax
82 740
76 098
104 181
99 924
After tax
143 760
150 402
122 319
126 576
Living cost
35 661
35 661
35 661
35 661
Free-cash
108 099
114 741
86 658
90 915

Estimated living cost  is ₽35661 per week

₽25610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176190
₽170003
₽165588
₽174986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
33 975
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
43 445
Employee
23 129
-
219 542
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
21 954
-
pensions

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

2 030
-
3 114
-
total
5 661
-
27 089
-
Employer
23 129
-
219 542
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
198 834
226 500
-
-
income
19 883
22 650
-
-
total
19 883
22 650
-
-
Dividends
178 950
203 850
-
-
withholding
8 948
10 193
-
-
total
8 948
10 193
-
-
Income
226 500
226 500
226 500
226 500
Total tax
39 030
32 843
34 047
43 445
After tax
187 470
193 657
192 453
183 055
Living cost
17 467
17 467
17 467
17 467
Free-cash
170 003
176 190
174 986
165 588

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77317
₽90589
₽75209
₽100942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 500
trade
-
-
-
25 733
income

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

-
-
-
75 310
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.

-
-
-
6 932
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.

-
-
-
4 142
total
-
-
-
112 117
Employee

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

50 487
-
226 500
-
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.

6 932
-
6 932
-
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.

229
-
4 142
-
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.

4 152
-
75 310
-
total
11 313
-
86 384
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 013
226 500
-
-
surtax

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

1 452
1 868
-
-
income
26 401
33 975
-
-
trade
25 258
32 503
-
-
chamber of commerce
412
485
-
-
total
53 523
68 831
-
-
Dividends
122 490
157 669
-
-
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.

1 664
2 147
-
-
withholding
30 237
39 031
-
-
total
31 901
41 178
-
-
Income
226 500
226 500
226 500
226 500
Total tax
96 737
110 009
86 384
112 117
After tax
129 763
116 491
140 116
114 383
Living cost
39 174
39 174
39 174
39 174
Free-cash
90 589
77 317
100 942
75 209

Estimated living cost  is ₽39174 per week

₽27023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100748
₽102990
₽55977
₽55977
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
73 828
social contributions
-
-
-
38 894
total
-
-
-
112 722
Employee
79 371
-
226 500
-
income
14 977
-
73 828
-
social contributions
6 594
-
38 894
-
total
21 571
-
112 722
-
Employer
79 371
-
226 500
-
total
-
-
-
-
Corporate
147 129
226 500
-
-
income
18 391
28 313
-
-
total
18 391
28 313
-
-
Dividends
128 738
198 187
-
-
withholding
25 747
39 638
-
-
total
25 747
39 638
-
-
Income
226 500
226 500
226 500
226 500
Total tax
65 709
67 951
112 722
112 722
After tax
160 791
158 549
113 778
113 778
Living cost
57 801
57 801
57 801
57 801
Free-cash
102 990
100 748
55 977
55 977

Estimated living cost  is ₽57801 per week

₽43974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105031
₽108577
₽148881
₽121297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 500
income
-
-
-
33 975
health

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

-
-
-
6 811
total
-
-
-
40 786
Employee
46 548
-
221 832
-
income
5 051
-
59 034
-
social contributions
4 664
-
4 668
-
total
9 715
-
63 702
-
Employer
46 548
-
221 832
-
social contributions
4 664
-
4 668
-
total
4 664
-
4 668
-
Corporate
175 289
226 500
-
-
income
61 350
79 275
-
-
total
61 350
79 275
-
-
Dividends
113 938
147 225
-
-
social contributions
5 361
5 361
-
-
total
5 361
5 361
-
-
Income
226 500
226 500
226 500
226 500
Total tax
81 090
84 636
68 370
40 786
After tax
145 410
141 864
158 130
185 714
Living cost
36 833
36 833
36 833
36 833
Free-cash
108 577
105 031
121 297
148 881

Estimated living cost  is ₽36833 per week

₽24262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105256
₽111320
₽108699
₽88452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
income
-
-
-
69 633
pensions
-
-
-
10 135
total
-
-
-
79 768
Employee
52 206
-
197 433
-
health
681
-
2 684
-
income
9 507
-
56 136
-
pensions
3 985
-
12 128
-
total
14 173
-
70 948
-
Employer
52 206
-
197 433
-
pensions
5 274
-
25 315
-
health
992
-
3 752
-
total
6 266
-
29 067
-
Corporate
168 027
226 500
-
-
income

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

31 924
43 035
-
-
total
31 924
43 035
-
-
Dividends
136 103
183 465
-
-
withholding
24 784
40 176
-
-
total
24 784
40 176
-
-
Income
226 500
226 500
226 500
226 500
Total tax
77 147
83 211
100 015
79 768
After tax
149 353
143 289
126 485
146 732
Living cost
38 033
38 033
38 033
38 033
Free-cash
111 320
105 256
88 452
108 699

Estimated living cost  is ₽38033 per week

₽26091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5589
₽14675
₽130723
₽100834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
accident
-
-
-
254
income
-
-
-
64 844
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
71 842
Employee
37 650
-
206 906
-
health
4 311
-
23 691
-
income
5 165
-
50 780
-
pensions
4 239
-
7 666
-
total
13 715
-
82 137
-
Employer
37 650
-
206 906
-
accident
629
-
3 455
-
unemployment
922
-
5 069
-
pensions
6 122
-
11 070
-
total
7 673
-
19 594
-
Corporate
181 177
226 500
-
-
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.

163 060
203 850
-
-
total
163 060
203 850
-
-
Dividends
18 118
22 650
-
-
withholding
3 442
4 304
-
-
total
3 442
4 304
-
-
Income
226 500
226 500
226 500
226 500
Total tax
187 890
208 154
101 731
71 842
After tax
38 610
18 346
124 769
154 658
Living cost
23 935
23 935
23 935
23 935
Free-cash
14 675
-5 589
100 834
130 723

Estimated living cost  is ₽23935 per week

₽17565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159567
₽156497
₽130107
₽152416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 500
work injury
-
-
-
811
health insurance
-
-
-
12 007
income
-
-
-
38 067
pensions
-
-
-
29 856
unemployment
-
-
-
1 947
total
-
-
-
82 688
Employee

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

21 928
-
226 500
-
work injury
110
-
406
-
income
2 193
-
38 067
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
60 379
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
204 572
226 500
-
-
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%.

20 457
22 650
-
-
total
20 457
22 650
-
-
Dividends
184 115
203 850
-
-
withholding
27 617
30 578
-
-
total
27 617
30 578
-
-
Income
226 500
226 500
226 500
226 500
Total tax
56 298
53 228
60 379
82 688
After tax
170 202
173 272
166 121
143 812
Living cost
13 705
13 705
13 705
13 705
Free-cash
156 497
159 567
152 416
130 107

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78882
₽74268
₽65794
₽57459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 500
municipal
-
-
-
1 581
regional
-
-
-
5 512
national
-
-
-
62 405
social contributions
-
-
-
50 785
total
-
-
-
120 283
Employee
85 504
-
226 500
-
social contributions
28 831
-
66 580
-
regional
1 291
-
4 986
-
municipal
510
-
1 438
-
national
14 449
-
55 614
-
total
45 081
-
128 618
-
Employer
85 504
-
226 500
-
total
-
-
-
-
Corporate
140 996
226 500
-
-
nationa
33 840
54 360
-
-
municipal
6 795
10 918
-
-
total
40 635
65 278
-
-
Dividends
100 361
161 222
-
-
withholding
26 093
41 917
-
-
total
26 093
41 917
-
-
Income
226 500
226 500
226 500
226 500
Total tax
111 809
107 195
128 618
120 283
After tax
114 691
119 305
97 882
106 217
Living cost
40 423
40 423
40 423
40 423
Free-cash
74 268
78 882
57 459
65 794

Estimated living cost  is ₽40423 per week

₽28394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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