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
₽ 227500
per

Your estimated
City
free-cash

Dresden , Germany
₽81671
₽110181
₽95434
₽84371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 500
trade
-
-
-
28 510
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.

-
-
-
6 831
income

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

-
-
-
76 020
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.

-
-
-
4 182
total
-
-
-
115 543
Employee

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

38 244
-
227 500
-
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.

59
-
4 182
-
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.

1 068
-
76 020
-
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.

6 831
-
6 831
-
total
7 958
-
87 033
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 256
227 500
-
-
trade
29 807
35 832
-
-
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.

1 562
1 877
-
-
income
28 388
34 124
-
-
chamber of commerce
423
478
-
-
total
60 180
72 311
-
-
Dividends
129 076
155 189
-
-
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.

1 753
2 114
-
-
withholding
31 889
38 418
-
-
total
33 642
40 532
-
-
Income
227 500
227 500
227 500
227 500
Total tax
101 780
112 843
87 033
115 543
After tax
125 720
114 657
140 467
111 957
Living cost
30 286
30 286
30 286
30 286
Free-cash
95 434
84 371
110 181
81 671

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78891
₽80112
₽90678
₽91518
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
social contributions
-
-
-
2 446
municipal
-
-
-
25 292
national
-
-
-
43 129
pensions
-
-
-
27 300
total
-
-
-
98 167
Employee
78 195
-
196 672
-
pensions
3 128
-
7 867
-
national
14 966
-
45 058
-
municipal
9 658
-
26 173
-
total
27 752
-
79 098
-
Employer
78 195
-
196 672
-
pensions
6 256
-
15 734
-
social contributions
841
-
2 114
-
total
7 097
-
17 848
-
Corporate
137 048
227 500
-
-
income

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

27 410
45 500
-
-
total
27 410
45 500
-
-
Dividends
109 639
182 000
-
-
withholding
24 121
40 040
-
-
total
24 121
40 040
-
-
Income
227 500
227 500
227 500
227 500
Total tax
86 380
85 540
96 946
98 167
After tax
141 120
141 960
130 554
129 333
Living cost
50 442
50 442
50 442
50 442
Free-cash
90 678
91 518
80 112
78 891

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62117
₽78242
₽152996
₽161198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 500
social contributions

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

-
-
-
38 310
income
-
-
-
48 258
microenterprise
-
-
-
-
surtax
-
-
-
58 013
total
-
-
-
144 581
Employee
29 217
-
179 094
-
income
5 201
-
40 972
-
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.

3 214
-
13 108
-
surtax
-
-
25 969
-
total
8 415
-
80 049
-
Employer
29 217
-
179 094
-
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.

7 038
-
28 707
-
surtax
-
-
19 700
-
total
7 038
-
48 407
-
Corporate
191 245
227 500
-
-
income

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

38 249
45 500
-
-
total
38 249
45 500
-
-
Dividends

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

152 996
182 000
-
-
total
-
-
-
-
Income
227 500
227 500
227 500
227 500
Total tax
53 702
45 500
128 456
144 581
After tax
173 798
182 000
99 044
82 919
Living cost
20 802
20 802
20 802
20 802
Free-cash
152 996
161 198
78 242
62 117

Estimated living cost  is ₽20802 per week

₽13271
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.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80137
₽103605
₽65386
₽71513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
health
-
-
-
12 330
income
-
-
-
81 431
pensions
-
-
-
11 715
total
-
-
-
105 476
Employee
85 386
85 386
208 918
-
income

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

13 976
13 976
39 381
-
pensions
15 370
11 715
11 715
-
health
13 106
11 148
12 330
-
total
42 452
36 839
63 426
-
Employer
85 386
85 386
208 918
-
pensions
5 943
5 943
7 387
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 820
-
total
14 952
14 952
18 582
-
Corporate
128 209
127 162
-
-
income
25 642
25 432
-
-
total
25 642
25 432
-
-
Dividends
102 567
101 730
-
-
withholding
15 385
15 259
-
-
income
21 796
21 618
-
-
total
37 181
36 877
-
-
Income
227 500
227 500
227 500
227 500
Total tax
120 227
114 100
82 008
105 476
After tax
107 273
113 400
145 492
122 024
Living cost
41 887
41 887
41 887
41 887
Free-cash
65 386
71 513
103 605
80 137

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74808
₽73876
₽84905
₽85767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
other
-
-
-
9 792
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
60 561
health
-
-
-
5 258
national
-
-
-
29 272
pensions
-
-
-
9 109
total
-
-
-
114 244
Employee
54 785
-
201 024
-
national
-
-
28 755
-
municipal
16 337
-
59 945
-
total
16 337
-
88 700
-
Employer
54 785
-
201 024
-
pensions
5 922
-
9 109
-
other
6 366
-
9 792
-
accident
110
-
168
-
health
3 369
-
5 182
-
unemployment
1 446
-
2 225
-
total
17 213
-
26 476
-
Corporate
155 502
227 500
-
-
income
34 210
50 050
-
-
total
34 210
50 050
-
-
Dividends
121 291
177 450
-
-
withholding
36 387
53 235
-
-
total
36 387
53 235
-
-
Income
227 500
227 500
227 500
227 500
Total tax
104 147
103 285
115 176
114 244
After tax
123 353
124 215
112 324
113 256
Living cost
38 448
38 448
38 448
38 448
Free-cash
84 905
85 767
73 876
74 808

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71410
₽101187
₽88255
₽74208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 500
trade
-
-
-
29 777
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.

-
-
-
6 831
income

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

-
-
-
76 020
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.

-
-
-
4 182
total
-
-
-
116 810
Employee

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

50 706
-
227 500
-
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.

239
-
4 182
-
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.

4 357
-
76 020
-
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.

6 831
-
6 831
-
total
11 427
-
87 033
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 794
227 500
-
-
trade
29 083
37 424
-
-
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.

1 459
1 877
-
-
income
26 519
34 124
-
-
chamber of commerce
404
476
-
-
total
57 465
73 901
-
-
Dividends
119 329
153 599
-
-
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.

1 620
2 091
-
-
withholding
29 453
38 020
-
-
total
31 073
40 111
-
-
Income
227 500
227 500
227 500
227 500
Total tax
99 965
114 012
87 033
116 810
After tax
127 535
113 488
140 467
110 690
Living cost
39 280
39 280
39 280
39 280
Free-cash
88 255
74 208
101 187
71 410

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120492
₽118631
₽129219
₽133367
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
social contributions
-
-
-
16 178
health
-
-
-
5 801
income
-
-
-
52 598
total
-
-
-
74 577
Employee
76 887
76 887
214 918
-
income
8 074
7 117
51 594
-
social contributions
3 736
6 381
8 607
-
health
765
1 307
3 655
-
total
12 575
14 805
63 856
-
Employer
76 887
76 887
214 918
-
health
833
1 423
3 975
-
social contributions
3 736
6 381
8 607
-
total
4 569
7 804
12 582
-
Corporate
177 925
142 809
-
-
income
22 240
17 851
-
-
total
22 240
17 851
-
-
Dividends
155 685
124 958
-
-
withholding
26 466
21 242
-
-
total
26 466
21 242
-
-
Income
227 500
227 500
227 500
227 500
Total tax
65 850
61 702
76 438
74 577
After tax
161 650
165 798
151 062
152 923
Living cost
32 431
32 431
32 431
32 431
Free-cash
129 219
133 367
118 631
120 492

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139364
₽113647
₽109835
₽109455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
unemployment
-
-
-
3 413
health
-
-
-
15 925
income
-
-
-
27 812
pensions
-
-
-
22 750
total
-
-
-
69 900
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.

26 323
10 476
190 377
-
income
3 218
1 281
23 274
-
pensions
2 632
1 048
19 038
-
unemployment
395
157
2 856
-
health
1 843
733
13 326
-
total
8 088
3 219
58 494
-
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.

26 323
10 476
190 377
-
pensions
5 133
2 043
37 123
-
total
5 133
2 043
37 123
-
Corporate
196 044
214 981
-
-
income
17 644
19 348
-
-
total
17 644
19 348
-
-
Dividends
178 400
195 633
-
-
social contributions
34 668
38 029
-
-
withholding
33 896
37 170
-
-
total
68 564
75 199
-
-
Income
227 500
227 500
227 500
227 500
Total tax
99 429
99 809
95 617
69 900
After tax
128 071
127 691
131 883
157 600
Living cost
18 236
18 236
18 236
18 236
Free-cash
109 835
109 455
113 647
139 364

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97788
₽106976
₽151638
₽157849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
health
-
-
-
29 576
income
-
-
-
30 485
pensions
-
-
-
45 500
total
-
-
-
105 561
Employee
28 365
-
170 031
-
income
3 193
-
32 783
-
pensions
567
-
3 400
-
unemployment
453
-
2 721
-
total
4 213
-
38 904
-
Employer
28 365
-
170 031
-
pensions
5 673
-
34 005
-
health
3 687
-
22 104
-
unemployment
228
-
1 360
-
total
9 588
-
57 469
-
Corporate
189 547
227 500
-
-
income
37 910
45 500
-
-
total
37 910
45 500
-
-
Dividends
151 637
182 000
-
-
total
-
-
-
-
Income
227 500
227 500
227 500
227 500
Total tax
51 711
45 500
96 373
105 561
After tax
175 789
182 000
131 127
121 939
Living cost
24 151
24 151
24 151
24 151
Free-cash
151 638
157 849
106 976
97 788

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133418
₽103489
₽15066
-₽3486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
65 230
pensions
-
-
-
4 145
total
-
-
-
72 168
Employee
34 472
-
207 958
-
income
4 729
-
51 145
-
pensions
3 882
-
7 599
-
health
3 947
-
23 811
-
total
12 558
-
82 555
-
Employer
34 472
-
207 958
-
pensions
5 605
-
10 974
-
accident
575
-
3 473
-
unemployment
845
-
5 095
-
total
7 025
-
19 542
-
Corporate
186 003
227 500
-
-
income

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

167 403
204 750
-
-
total
167 403
204 750
-
-
Dividends
18 600
22 750
-
-
withholding
3 534
4 322
-
-
total
3 534
4 322
-
-
Income
227 500
227 500
227 500
227 500
Total tax
190 520
209 072
102 097
72 168
After tax
36 980
18 428
125 403
155 332
Living cost
21 914
21 914
21 914
21 914
Free-cash
15 066
-3 486
103 489
133 418

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽216214
₽172989
₽205425
₽207114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
227 500
microenterprise

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

-
-
-
2 275
total
-
-
-
2 275
Employee
11 263
-
227 500
-
income
2 252
-
45 500
-
total
2 252
-
45 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

216 237
227 500
-
-
total
-
-
-
-
Dividends
216 237
227 500
-
-
withholding
10 812
11 375
-
-
total
10 812
11 375
-
-
Income
227 500
227 500
227 500
227 500
Total tax
13 064
11 375
45 500
2 275
After tax
214 436
216 125
182 000
225 225
Living cost
9 011
9 011
9 011
9 011
Free-cash
205 425
207 114
172 989
216 214

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110411
₽108538
₽133748
₽140502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
other
-
-
-
7 222
health
-
-
-
6 690
income
-
-
-
40 042
pensions

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

-
-
-
36 492
total
-
-
-
90 446
Employee
36 305
-
188 890
-
income
6 250
-
39 418
-
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.

2 541
-
10 643
-
unemployment
362
-
1 520
-
health
509
-
2 129
-
total
9 662
-
53 710
-
Employer
36 305
-
188 890
-
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.

6 172
-
25 849
-
other
1 816
-
7 601
-
accident
290
-
1 510
-
health
509
-
2 129
-
unemployment
362
-
1 520
-
total
9 149
-
38 609
-
Corporate
182 045
227 500
-
-
income
38 230
47 775
-
-
total
38 230
47 775
-
-
Dividends
143 815
179 725
-
-
withholding
10 068
12 580
-
-
total
10 068
12 580
-
-
Income
227 500
227 500
227 500
227 500
Total tax
67 109
60 355
92 319
90 446
After tax
160 391
167 145
135 181
137 054
Living cost
26 643
26 643
26 643
26 643
Free-cash
133 748
140 502
108 538
110 411

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79824
₽59511
₽84332
₽76234
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
income
-
-
-
70 368
pensions
-
-
-
10 055
total
-
-
-
80 423
Employee
95 153
-
198 269
-
income
17 152
-
56 828
-
pensions
9 180
-
11 999
-
health
1 568
-
2 678
-
total
27 900
-
71 505
-
Employer
95 153
-
198 269
-
pensions
11 235
-
25 464
-
health
1 807
-
3 767
-
total
13 042
-
29 231
-
Corporate
119 305
227 500
-
-
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.

22 667
43 225
-
-
total
22 667
43 225
-
-
Dividends
96 638
184 275
-
-
withholding
12 306
40 788
-
-
total
12 306
40 788
-
-
Income
227 500
227 500
227 500
227 500
Total tax
75 915
84 013
100 736
80 423
After tax
151 585
143 487
126 764
147 077
Living cost
67 253
67 253
67 253
67 253
Free-cash
84 332
76 234
59 511
79 824

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽170944
₽180421
₽176762
₽181406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
34 125
pensions

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

-
-
-
5 168
total
-
-
-
43 449
Employee
17 356
-
220 649
-
income
1 735
-
22 065
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
27 121
-
Employer
17 356
-
220 649
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
206 738
227 500
-
-
income
20 674
22 750
-
-
total
20 674
22 750
-
-
Dividends
186 065
204 750
-
-
withholding
9 303
10 237
-
-
total
9 303
10 237
-
-
Income
227 500
227 500
227 500
227 500
Total tax
37 631
32 987
33 972
43 449
After tax
189 869
194 513
193 528
184 051
Living cost
13 107
13 107
13 107
13 107
Free-cash
176 762
181 406
180 421
170 944

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66579
₽90047
₽60471
₽57955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
health
-
-
-
12 330
income
-
-
-
81 431
pensions
-
-
-
11 715
total
-
-
-
105 476
Employee
92 702
85 386
208 918
-
income

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

13 976
13 976
39 381
-
pensions
11 715
11 715
11 715
-
health
11 565
11 148
12 330
-
total
37 256
36 839
63 426
-
Employer
92 702
85 386
208 918
-
pensions
6 451
5 943
7 387
-
health
6 442
5 935
7 375
-
unemployment
3 338
3 074
3 820
-
total
16 231
14 952
18 582
-
Corporate
118 567
127 162
-
-
income
23 713
25 432
-
-
total
23 713
25 432
-
-
Dividends
94 854
101 730
-
-
withholding
14 227
15 259
-
-
income
20 157
21 618
-
-
total
34 384
36 877
-
-
Income
227 500
227 500
227 500
227 500
Total tax
111 584
114 100
82 008
105 476
After tax
115 916
113 400
145 492
122 024
Living cost
55 445
55 445
55 445
55 445
Free-cash
60 471
57 955
90 047
66 579

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110814
₽100781
₽124056
₽132622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
social contributions
-
-
-
34 552
health
-
-
-
30 713
income
-
-
-
24 335
solidarity contribution
-
-
-
3 074
total
-
-
-
92 674
Employee
35 311
-
181 576
-
income
4 237
-
22 406
-
solidarity contribution
-
-
2 173
-
social contributions
2 295
-
7 691
-
health
4 767
-
24 513
-
total
11 299
-
56 783
-
Employer
35 311
-
181 576
-
health
3 178
-
16 342
-
social contributions
8 828
-
29 582
-
total
12 006
-
45 924
-
Corporate
180 183
227 500
-
-
income
34 235
43 225
-
-
total
34 235
43 225
-
-
Dividends
145 948
184 275
-
-
withholding
21 892
27 641
-
-
total
21 892
27 641
-
-
Income
227 500
227 500
227 500
227 500
Total tax
79 432
70 866
102 707
92 674
After tax
148 068
156 634
124 793
134 826
Living cost
24 012
24 012
24 012
24 012
Free-cash
124 056
132 622
100 781
110 814

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Brno model

Close
Milan , Italy
₽67609
₽59131
₽73968
₽79187
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
social contributions
-
-
-
50 044
municipal
-
-
-
1 419
national
-
-
-
63 347
regional
-
-
-
2 889
total
-
-
-
117 699
Employee
88 864
-
227 500
-
national
15 398
-
56 653
-
social contributions
29 965
-
65 609
-
municipal
471
-
1 296
-
regional
838
-
2 619
-
total
46 672
-
126 177
-
Employer
88 864
-
227 500
-
total
-
-
-
-
Corporate
138 636
227 500
-
-
nationa
33 272
54 600
-
-
municipal
5 406
8 873
-
-
total
38 678
63 473
-
-
Dividends
99 958
164 028
-
-
withholding
25 990
42 648
-
-
total
25 990
42 648
-
-
Income
227 500
227 500
227 500
227 500
Total tax
111 340
106 121
126 177
117 699
After tax
116 160
121 379
101 323
109 801
Living cost
42 192
42 192
42 192
42 192
Free-cash
73 968
79 187
59 131
67 609

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84912
₽78801
₽117920
₽121034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
71 958
surtax
-
-
-
12 174
pensions
-
-
-
26 690
total
-
-
-
120 524
Employee
33 066
-
199 410
-
income
5 543
-
65 977
-
pensions
2 205
-
8 901
-
unemployment
2 302
-
9 288
-
health
844
-
3 402
-
other
-
-
-
-
surtax
108
-
10 977
-
total
11 002
-
98 545
-
Employer
33 066
-
199 410
-
pensions
4 408
-
17 789
-
other
-
-
-
-
health
1 505
-
6 072
-
unemployment
1 047
-
4 229
-
total
6 960
-
28 090
-
Corporate
187 474
227 500
-
-
income
48 744
59 150
-
-
total
48 744
59 150
-
-
Dividends
138 730
168 350
-
-
withholding
20 810
25 252
-
-
total
20 810
25 252
-
-
Income
227 500
227 500
227 500
227 500
Total tax
87 516
84 402
126 635
120 524
After tax
139 984
143 098
100 865
106 976
Living cost
22 064
22 064
22 064
22 064
Free-cash
117 920
121 034
78 801
84 912

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101131
₽80818
₽104184
₽97541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
income
-
-
-
70 368
pensions
-
-
-
10 055
total
-
-
-
80 423
Employee
63 769
-
198 269
-
income
11 485
-
56 828
-
pensions
5 413
-
11 999
-
health
926
-
2 678
-
total
17 824
-
71 505
-
Employer
63 769
-
198 269
-
pensions
6 903
-
25 464
-
health
1 211
-
3 767
-
total
8 114
-
29 231
-
Corporate
155 616
227 500
-
-
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.

29 568
43 225
-
-
total
29 568
43 225
-
-
Dividends
126 049
184 275
-
-
withholding
21 864
40 788
-
-
total
21 864
40 788
-
-
Income
227 500
227 500
227 500
227 500
Total tax
77 370
84 013
100 736
80 423
After tax
150 130
143 487
126 764
147 077
Living cost
45 946
45 946
45 946
45 946
Free-cash
104 184
97 541
80 818
101 131

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽104567
₽96509
₽60786
₽28450
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
other

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

-
-
-
4 550
health
-
-
-
512
city
-
-
-
2 397
national
-
-
-
6 075
regional
-
-
-
12 888
pensions
-
-
-
20 930
total
-
-
-
47 352
Employee
88 449
-
204 901
-
pensions
7 431
-
15 788
-
national
419
-
5 070
-
unemployment
-
-
-
-
city
949
-
2 219
-
health
200
-
460
-
regional
2 896
-
11 527
-
total
11 895
-
35 064
-
Employer
88 449
-
204 901
-
pensions
7 431
-
15 788
-
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.

1 768
-
4 098
-
health
200
-
460
-
unemployment
-
-
-
-
total
9 399
-
20 346
-
Corporate
128 679
227 500
-
-
regional
27 216
48 116
-
-
national
10 939
19 338
-
-
total
38 155
67 454
-
-
Dividends
90 525
160 045
-
-
withholding
31 684
56 015
-
-
total
31 684
56 015
-
-
Income
227 500
227 500
227 500
227 500
Total tax
91 133
123 469
55 410
47 352
After tax
136 367
104 031
172 090
180 148
Living cost
75 581
75 581
75 581
75 581
Free-cash
60 786
28 450
96 509
104 567

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽63619
₽94662
₽82729
₽66513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 500
trade
-
-
-
31 043
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.

-
-
-
6 831
income

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

-
-
-
76 020
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.

-
-
-
4 182
total
-
-
-
118 076
Employee

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

60 091
-
227 500
-
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.

389
-
4 182
-
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.

7 066
-
76 020
-
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.

6 831
-
6 831
-
total
14 286
-
87 033
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 409
227 500
-
-
trade
28 711
39 016
-
-
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.

1 381
1 877
-
-
income
25 111
34 124
-
-
chamber of commerce
387
472
-
-
total
55 590
75 489
-
-
Dividends
111 818
152 011
-
-
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.

1 516
2 070
-
-
withholding
27 574
37 623
-
-
total
29 090
39 693
-
-
Income
227 500
227 500
227 500
227 500
Total tax
98 966
115 182
87 033
118 076
After tax
128 534
112 318
140 467
109 424
Living cost
45 805
45 805
45 805
45 805
Free-cash
82 729
66 513
94 662
63 619

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90059
₽83237
₽86358
₽80450
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
other
-
-
-
7 053
social contributions
-
-
-
6 482
health
-
-
-
11 224
income
-
-
-
42 802
surtax
-
-
-
-
pensions
-
-
-
35 671
total
-
-
-
103 232
Employee
42 794
-
173 414
-
income
2 526
-
37 875
-
pensions
4 839
-
13 159
-
social contributions
1 220
-
4 941
-
surtax
-
-
-
-
total
8 585
-
55 975
-
Employer
42 794
-
173 414
-
pensions
7 030
-
21 954
-
other
1 476
-
7 234
-
health
2 996
-
17 348
-
unemployment
1 732
-
7 023
-
social contributions
129
-
520
-
total
13 363
-
54 079
-
Corporate
171 342
227 500
-
-
surtax
-
-
-
-
income
47 976
63 700
-
-
total
47 976
63 700
-
-
Dividends
123 367
163 800
-
-
surtax
-
-
-
-
social contributions
21 218
28 174
-
-
withholding
15 791
20 967
-
-
total
37 009
49 141
-
-
Income
227 500
227 500
227 500
227 500
Total tax
106 933
112 841
110 054
103 232
After tax
120 567
114 659
117 446
124 268
Living cost
34 209
34 209
34 209
34 209
Free-cash
86 358
80 450
83 237
90 059

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
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.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93448
₽86626
₽89392
₽83839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
other
-
-
-
7 053
social contributions
-
-
-
6 482
health
-
-
-
11 224
income
-
-
-
42 802
surtax
-
-
-
-
pensions
-
-
-
35 671
total
-
-
-
103 232
Employee
38 199
-
173 414
-
income
1 970
-
37 875
-
pensions
4 321
-
13 159
-
social contributions
1 089
-
4 941
-
surtax
-
-
-
-
total
7 380
-
55 975
-
Employer
38 199
-
173 414
-
pensions
6 277
-
21 954
-
other
1 319
-
7 234
-
health
2 674
-
17 348
-
unemployment
1 546
-
7 023
-
social contributions
114
-
520
-
total
11 930
-
54 079
-
Corporate
177 371
227 500
-
-
surtax
-
-
-
-
income
49 664
63 700
-
-
total
49 664
63 700
-
-
Dividends
127 707
163 800
-
-
surtax
-
-
-
-
social contributions
21 967
28 174
-
-
withholding
16 347
20 967
-
-
total
38 314
49 141
-
-
Income
227 500
227 500
227 500
227 500
Total tax
107 288
112 841
110 054
103 232
After tax
120 212
114 659
117 446
124 268
Living cost
30 820
30 820
30 820
30 820
Free-cash
89 392
83 839
86 626
93 448

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124898
₽118697
₽118114
₽117595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
social contributions
-
-
-
31 396
health
-
-
-
15 880
income
-
-
-
34 124
total
-
-
-
81 400
Employee
33 902
-
227 500
-
income
5 654
-
40 325
-
social contributions
4 679
-
31 396
-
health
2 366
-
15 880
-
total
12 699
-
87 601
-
Employer
33 902
-
227 500
-
total
-
-
-
-
Corporate
193 598
227 500
-
-
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%.

9 679
11 375
-
-
total
9 679
11 375
-
-
Dividends
183 919
216 125
-
-
social contributions
25 381
29 825
-
-
health
12 838
15 085
-
-
withholding
27 587
32 418
-
-
total
65 806
77 328
-
-
Income
227 500
227 500
227 500
227 500
Total tax
88 184
88 703
87 601
81 400
After tax
139 316
138 797
139 899
146 100
Living cost
21 202
21 202
21 202
21 202
Free-cash
118 114
117 595
118 697
124 898

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81272
₽24383
₽88605
₽90154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
chamber of commerce
-
-
-
911
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
73 210
surtax
-
-
-
197
pensions
-
-
-
21 610
total
-
-
-
110 996
Employee
49 970
39 847
188 456
-
income
5 689
2 939
61 520
-
pensions
5 117
4 080
11 962
-
unemployment
1 499
1 195
3 505
-
health
1 934
1 543
4 520
-
other
499
398
1 169
-
total
14 738
10 155
82 676
-
Employer
49 970
39 847
188 456
-
pensions
6 271
5 002
14 660
-
other
2 374
1 892
8 341
-
accident
649
518
1 518
-
health
1 888
1 507
4 415
-
payroll
1 499
1 195
5 654
-
chamber of commerce
199
159
753
-
unemployment
1 499
1 195
3 505
-
surtax
197
197
197
-
total
14 576
11 665
39 043
-
Corporate
162 954
175 987
184 661
-
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.

40 739
43 997
46 166
-
total
40 739
43 997
46 166
-
Dividends
122 215
131 991
-
-
withholding
33 610
36 297
-
-
total
33 610
36 297
-
-
Income
227 500
227 500
227 500
227 500
Total tax
103 663
102 114
167 885
110 996
After tax
123 837
125 386
59 615
116 504
Living cost
35 232
35 232
35 232
35 232
Free-cash
88 605
90 154
24 383
81 272

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62505
₽40771
₽75674
₽88246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
social contributions
-
-
-
24 929
communal

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

-
-
-
12 155
national
-
-
-
91 454
total
-
-
-
128 538
Employee

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

71 523
-
176 206
-
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.

5 364
-
13 216
-
national
21 989
-
66 757
-
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.

622
-
1 533
-
communal

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

3 730
-
9 191
-
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.

3 360
-
8 282
-
total
35 065
-
98 979
-
Employer

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

71 523
-
176 206
-
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.

6 338
-
15 612
-
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.

930
-
2 292
-
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.

4 398
-
10 836
-
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.

1 044
-
2 573
-
surtax
8 110
-
19 980
-
total
20 820
-
51 293
-
Corporate
135 158
227 500
-
-
surtax
541
977
-
-
income
27 031
48 898
-
-
total
27 572
49 875
-
-
Dividends
107 586
177 625
-
-
withholding

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

31 912
52 922
-
-
total
31 912
52 922
-
-
Income
227 500
227 500
227 500
227 500
Total tax
115 369
102 797
150 272
128 538
After tax
112 131
124 703
77 228
98 962
Living cost
36 457
36 457
36 457
36 457
Free-cash
75 674
88 246
40 771
62 505

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90988
₽86792
₽108063
₽114914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
72 598
pensions
-
-
-
26 227
total
-
-
-
100 402
Employee
49 772
-
197 954
-
income
10 502
-
69 166
-
pensions
2 340
-
4 357
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 663
-
75 052
-
Employer
49 772
-
197 954
-
pensions
11 745
-
21 872
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 097
-
total
15 865
-
29 546
-
Corporate
161 863
227 500
-
-
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.

24 280
34 124
-
-
total
24 280
34 124
-
-
Dividends
137 583
193 376
-
-
withholding
29 519
42 352
-
-
total
29 519
42 352
-
-
Income
227 500
227 500
227 500
227 500
Total tax
83 327
76 476
104 598
100 402
After tax
144 173
151 024
122 902
127 098
Living cost
36 110
36 110
36 110
36 110
Free-cash
108 063
114 914
86 792
90 988

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52388
₽61456
₽60521
₽74274
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
accident
-
-
-
1 918
health
-
-
-
15 984
income
-
-
-
43 116
communal
-
-
-
14 377
surtax
-
-
-
11 279
pensions
-
-
-
34 100
total
-
-
-
120 774
Employee
75 721
-
203 214
-
income
7 314
-
49 666
-
pensions
6 057
-
16 258
-
health
3 370
-
9 043
-
surtax
4 641
-
12 453
-
total
21 382
-
87 420
-
Employer
75 721
-
203 214
-
pensions
6 057
-
16 258
-
accident
681
-
1 829
-
health
2 309
-
6 199
-
total
9 047
-
24 286
-
Corporate
142 732
227 500
-
-
communal
9 633
15 356
-
-
surtax
1 499
2 389
-
-
income
21 409
34 124
-
-
total
32 541
51 869
-
-
Dividends
110 191
175 631
-
-
withholding
16 529
26 345
-
-
income
33 142
20 674
-
-
total
49 671
47 019
-
-
Income
227 500
227 500
227 500
227 500
Total tax
112 641
98 888
111 706
120 774
After tax
114 859
128 612
115 794
106 726
Living cost
54 338
54 338
54 338
54 338
Free-cash
60 521
74 274
61 456
52 388

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84517
₽78406
₽117457
₽120639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
71 958
surtax
-
-
-
12 174
pensions
-
-
-
26 690
total
-
-
-
120 524
Employee
33 673
-
199 410
-
income
5 645
-
65 977
-
pensions
2 247
-
8 901
-
unemployment
2 343
-
9 288
-
health
860
-
3 402
-
other
-
-
-
-
surtax
120
-
10 977
-
total
11 215
-
98 545
-
Employer
33 673
-
199 410
-
pensions
4 489
-
17 789
-
other
-
-
-
-
health
1 531
-
6 072
-
unemployment
1 068
-
4 229
-
total
7 088
-
28 090
-
Corporate
186 738
227 500
-
-
income
48 553
59 150
-
-
total
48 553
59 150
-
-
Dividends
138 186
168 350
-
-
withholding
20 728
25 252
-
-
total
20 728
25 252
-
-
Income
227 500
227 500
227 500
227 500
Total tax
87 584
84 402
126 635
120 524
After tax
139 916
143 098
100 865
106 976
Living cost
22 459
22 459
22 459
22 459
Free-cash
117 457
120 639
78 406
84 517

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82153
₽73722
₽90424
₽92644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
social contributions
-
-
-
50 044
municipal
-
-
-
1 419
national
-
-
-
63 347
regional
-
-
-
3 602
total
-
-
-
118 412
Employee
55 465
-
227 500
-
national
8 787
-
56 653
-
social contributions
18 703
-
65 609
-
municipal
294
-
1 296
-
regional
747
-
3 285
-
total
28 531
-
126 843
-
Employer
55 465
-
227 500
-
total
-
-
-
-
Corporate
172 035
227 500
-
-
nationa
41 289
54 600
-
-
municipal
8 550
11 307
-
-
total
49 839
65 907
-
-
Dividends
122 196
161 593
-
-
withholding
31 771
42 014
-
-
total
31 771
42 014
-
-
Income
227 500
227 500
227 500
227 500
Total tax
110 141
107 921
126 843
118 412
After tax
117 359
119 579
100 657
109 088
Living cost
26 935
26 935
26 935
26 935
Free-cash
90 424
92 644
73 722
82 153

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
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.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105237
₽95204
₽116489
₽127045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
social contributions
-
-
-
34 552
health
-
-
-
30 713
income
-
-
-
24 335
solidarity contribution
-
-
-
3 074
total
-
-
-
92 674
Employee
43 513
-
181 576
-
income
5 222
-
22 406
-
solidarity contribution
-
-
2 173
-
social contributions
2 828
-
7 691
-
health
5 874
-
24 513
-
total
13 924
-
56 783
-
Employer
43 513
-
181 576
-
health
3 916
-
16 342
-
social contributions
10 878
-
29 582
-
total
14 794
-
45 924
-
Corporate
169 193
227 500
-
-
income
32 147
43 225
-
-
total
32 147
43 225
-
-
Dividends
137 046
184 275
-
-
withholding
20 557
27 641
-
-
total
20 557
27 641
-
-
Income
227 500
227 500
227 500
227 500
Total tax
81 422
70 866
102 707
92 674
After tax
146 078
156 634
124 793
134 826
Living cost
29 589
29 589
29 589
29 589
Free-cash
116 489
127 045
95 204
105 237

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽84801
₽27766
₽93098
₽93592
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
chamber of commerce
-
-
-
911
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
73 210
surtax
-
-
-
-
pensions
-
-
-
21 610
total
-
-
-
110 799
Employee
43 708
39 847
188 640
-
income
3 894
2 939
61 607
-
pensions
4 476
4 080
11 962
-
unemployment
1 311
1 195
3 505
-
health
1 691
1 543
4 520
-
other
436
398
1 169
-
total
11 808
10 155
82 763
-
Employer
43 708
39 847
188 640
-
pensions
5 486
5 002
14 660
-
other
2 076
1 892
8 349
-
accident
567
518
1 518
-
health
1 653
1 507
4 415
-
payroll
1 311
1 195
5 658
-
chamber of commerce
175
159
755
-
unemployment
1 311
1 195
3 505
-
surtax
-
-
-
-
total
12 579
11 468
38 860
-
Corporate
171 214
176 185
184 845
-
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.

42 803
44 046
46 211
-
total
42 803
44 046
46 211
-
Dividends
128 410
132 139
-
-
withholding
35 312
36 339
-
-
total
35 312
36 339
-
-
Income
227 500
227 500
227 500
227 500
Total tax
102 502
102 008
167 834
110 799
After tax
124 998
125 492
59 666
116 701
Living cost
31 900
31 900
31 900
31 900
Free-cash
93 098
93 592
27 766
84 801

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽211184
₽167959
₽199451
₽202084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
227 500
microenterprise

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

-
-
-
2 275
total
-
-
-
2 275
Employee
17 552
-
227 500
-
income
3 511
-
45 500
-
total
3 511
-
45 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

209 948
227 500
-
-
total
-
-
-
-
Dividends
209 948
227 500
-
-
withholding
10 497
11 375
-
-
total
10 497
11 375
-
-
Income
227 500
227 500
227 500
227 500
Total tax
14 008
11 375
45 500
2 275
After tax
213 492
216 125
182 000
225 225
Living cost
14 041
14 041
14 041
14 041
Free-cash
199 451
202 084
167 959
211 184

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78530
₽73590
₽121449
₽129816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 500
unemployment
-
-
-
342
health
-
-
-
22 386
income
-
-
-
57 876
pensions
-
-
-
41 547
total
-
-
-
122 151
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.

44 215
-
196 850
-
income
7 625
-
52 937
-
pensions
6 854
-
30 511
-
unemployment
63
-
275
-
health
2 856
-
12 717
-
total
17 398
-
96 440
-
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.

44 215
-
196 850
-
pensions
3 913
-
17 421
-
health
2 945
-
13 112
-
unemployment
27
-
118
-
total
6 885
-
30 651
-
Corporate
176 401
227 500
-
-
income
33 517
43 224
-
-
total
33 517
43 224
-
-
Dividends
142 884
184 276
-
-
withholding
21 432
27 641
-
-
total
21 432
27 641
-
-
Income
227 500
227 500
227 500
227 500
Total tax
79 232
70 865
127 091
122 151
After tax
148 268
156 635
100 409
105 349
Living cost
26 819
26 819
26 819
26 819
Free-cash
121 449
129 816
73 590
78 530

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
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.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114181
₽171338
₽47924
₽95371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
social contributions
-
-
-
25 935
income
-
-
-
44 344
total
-
-
-
70 279
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
78 770
227 500
-
-
income
17 329
50 050
-
-
total
17 329
50 050
-
-
Dividends
61 441
177 450
-
-
income
13 517
39 039
-
-
total
13 517
39 039
-
-
Income
227 500
227 500
227 500
227 500
Total tax
136 536
89 089
13 122
70 279
After tax
90 964
138 411
214 378
157 221
Living cost
43 040
43 040
43 040
43 040
Free-cash
47 924
95 371
171 338
114 181

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87178
₽69315
₽97032
₽98039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 500
social contributions

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

-
-
-
79 056
income
-
-
-
29 903
surtax
-
-
-
-
total
-
-
-
108 959
Employee
45 987
-
183 839
-
income
9 565
-
62 644
-
social contributions
5 059
-
20 221
-
surtax
-
-
296
-
total
14 624
-
83 161
-
Employer
45 987
-
183 839
-
social contributions
10 922
-
43 661
-
total
10 922
-
43 661
-
Corporate
170 591
227 500
-
-
surtax
-
-
-
-
income
35 824
47 775
-
-
total
35 824
47 775
-
-
Dividends
134 767
179 725
-
-
withholding
37 735
50 323
-
-
total
37 735
50 323
-
-
Income
227 500
227 500
227 500
227 500
Total tax
99 105
98 098
126 822
108 959
After tax
128 395
129 402
100 678
118 541
Living cost
31 363
31 363
31 363
31 363
Free-cash
97 032
98 039
69 315
87 178

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75975
₽69153
₽73239
₽66366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
other
-
-
-
7 053
social contributions
-
-
-
6 482
health
-
-
-
11 224
income
-
-
-
42 802
surtax
-
-
-
-
pensions
-
-
-
35 671
total
-
-
-
103 232
Employee
62 625
-
173 414
-
income
5 464
-
37 875
-
pensions
7 083
-
13 159
-
social contributions
1 784
-
4 941
-
surtax
-
-
-
-
total
14 331
-
55 975
-
Employer
62 625
-
173 414
-
pensions
10 290
-
21 954
-
other
2 161
-
7 234
-
health
4 383
-
17 348
-
unemployment
2 537
-
7 023
-
social contributions
188
-
520
-
total
19 559
-
54 079
-
Corporate
145 316
227 500
-
-
surtax
-
-
-
-
income
40 688
63 700
-
-
total
40 688
63 700
-
-
Dividends
104 628
163 800
-
-
surtax
-
-
-
-
social contributions
17 998
28 174
-
-
withholding
13 392
20 967
-
-
total
31 390
49 141
-
-
Income
227 500
227 500
227 500
227 500
Total tax
105 968
112 841
110 054
103 232
After tax
121 532
114 659
117 446
124 268
Living cost
48 293
48 293
48 293
48 293
Free-cash
73 239
66 366
69 153
75 975

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135719
₽141769
₽171335
₽174693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
social contributions
-
-
-
50 052
income
-
-
-
11 673
total
-
-
-
61 725
Employee
32 145
-
196 968
-
social contributions
2 089
-
12 802
-
income
-
-
12 345
-
total
2 089
-
25 147
-
Employer
32 145
-
196 968
-
social contributions
4 983
-
30 528
-
total
4 983
-
30 528
-
Corporate
190 372
227 500
-
-
income
19 037
22 751
-
-
total
19 037
22 751
-
-
Dividends
171 335
204 749
-
-
total
-
-
-
-
Income
227 500
227 500
227 500
227 500
Total tax
26 109
22 751
55 675
61 725
After tax
201 391
204 749
171 825
165 775
Living cost
30 056
30 056
30 056
30 056
Free-cash
171 335
174 693
141 769
135 719

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83040
₽9576
₽5452
₽9576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
municipal
-
-
-
48 913
national
-
-
-
28 379
labour market
-
-
-
18 131
pensions
-
-
-
867
total
-
-
-
96 290
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
9 577
-
-
-
income
2 107
-
-
-
total
2 107
-
-
-
Dividends
7 470
-
-
-
withholding
2 017
-
-
-
total
2 017
-
-
-
Income
227 500
227 500
227 500
227 500
Total tax
173 878
169 754
169 754
96 290
After tax
53 622
57 746
57 746
131 210
Living cost
48 170
48 170
48 170
48 170
Free-cash
5 452
9 576
9 576
83 040

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133741
₽103812
₽15116
-₽3163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
65 230
pensions
-
-
-
4 145
total
-
-
-
72 168
Employee
33 964
-
207 958
-
income
4 659
-
51 145
-
pensions
3 825
-
7 599
-
health
3 889
-
23 811
-
total
12 373
-
82 555
-
Employer
33 964
-
207 958
-
pensions
5 522
-
10 974
-
accident
567
-
3 473
-
unemployment
832
-
5 095
-
total
6 921
-
19 542
-
Corporate
186 615
227 500
-
-
income

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

167 953
204 750
-
-
total
167 953
204 750
-
-
Dividends
18 661
22 750
-
-
withholding
3 546
4 322
-
-
total
3 546
4 322
-
-
Income
227 500
227 500
227 500
227 500
Total tax
190 793
209 072
102 097
72 168
After tax
36 707
18 428
125 403
155 332
Living cost
21 591
21 591
21 591
21 591
Free-cash
15 116
-3 163
103 812
133 741

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100883
₽74824
₽104067
₽100977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
227 500
municipal
-
-
-
40 395
health
-
-
-
3 085
national
-
-
-
44 749
total
-
-
-
88 229
Employee
52 606
-
191 383
-
pensions
3 550
-
12 918
-
national
869
-
28 702
-
municipal
8 616
-
31 151
-
unemployment
789
-
2 871
-
health
393
-
2 529
-
total
14 217
-
78 171
-
Employer
52 606
-
191 383
-
pensions
9 127
-
33 206
-
accident
53
-
192
-
health
404
-
1 474
-
unemployment
342
-
1 245
-
total
9 926
-
36 117
-
Corporate
164 968
227 500
-
-
income
32 993
45 500
-
-
total
32 993
45 500
-
-
Dividends

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

98 981
136 500
-
-
municipal
17 817
24 570
-
-
national
10 092
18 065
-
-
total
27 909
42 635
-
-
Income
227 500
227 500
227 500
227 500
Total tax
85 045
88 135
114 288
88 229
After tax
142 455
139 365
113 212
139 271
Living cost
38 388
38 388
38 388
38 388
Free-cash
104 067
100 977
74 824
100 883

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129773
₽127912
₽137203
₽142648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
social contributions
-
-
-
16 178
health
-
-
-
5 801
income
-
-
-
52 598
total
-
-
-
74 577
Employee
76 887
76 887
214 918
-
income
8 372
7 117
51 594
-
social contributions
2 907
6 381
8 607
-
health
596
1 307
3 655
-
total
11 875
14 805
63 856
-
Employer
76 887
76 887
214 918
-
health
647
1 423
3 975
-
social contributions
2 907
6 381
8 607
-
total
3 554
7 804
12 582
-
Corporate
188 921
142 809
-
-
income
23 616
17 851
-
-
total
23 616
17 851
-
-
Dividends
165 306
124 958
-
-
withholding
28 102
21 242
-
-
total
28 102
21 242
-
-
Income
227 500
227 500
227 500
227 500
Total tax
67 147
61 702
76 438
74 577
After tax
160 353
165 798
151 062
152 923
Living cost
23 150
23 150
23 150
23 150
Free-cash
137 203
142 648
127 912
129 773

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178048
₽157992
₽167430
₽172518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
227 500
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
23 571
pensions
-
-
-
6 360
total
-
-
-
33 577
Employee

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

22 951
-
217 728
-
income
1 569
-
21 092
-
pensions
3 442
-
14 231
-
unemployment
114
-
474
-
health
1 951
-
8 064
-
total
7 076
-
43 861
-
Employer

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

22 951
-
217 728
-
pensions
1 262
-
5 218
-
health
987
-
4 080
-
unemployment
114
-
474
-
total
2 363
-
9 772
-
Corporate
202 187
227 500
-
-
income
18 197
20 476
-
-
total
18 197
20 476
-
-
Dividends
183 990
207 024
-
-
withholding
16 559
18 631
-
-
total
16 559
18 631
-
-
Income
227 500
227 500
227 500
227 500
Total tax
44 195
39 107
53 633
33 577
After tax
183 305
188 393
173 867
193 923
Living cost
15 875
15 875
15 875
15 875
Free-cash
167 430
172 518
157 992
178 048

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99602
₽95406
₽119112
₽123528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
72 598
pensions
-
-
-
26 227
total
-
-
-
100 402
Employee
36 972
-
197 954
-
income
7 128
-
69 166
-
pensions
1 738
-
4 357
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 475
-
75 052
-
Employer
36 972
-
197 954
-
pensions
8 725
-
21 872
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 097
-
total
11 787
-
29 546
-
Corporate
178 741
227 500
-
-
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.

26 811
34 124
-
-
total
26 811
34 124
-
-
Dividends
151 930
193 376
-
-
withholding
32 819
42 352
-
-
total
32 819
42 352
-
-
Income
227 500
227 500
227 500
227 500
Total tax
80 892
76 476
104 598
100 402
After tax
146 608
151 024
122 902
127 098
Living cost
27 496
27 496
27 496
27 496
Free-cash
119 112
123 528
95 406
99 602

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
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.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143529
₽143333
₽138772
₽139222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
health
-
-
-
1 448
income
-
-
-
77 788
pensions
-
-
-
1 997
total
-
-
-
81 233
Employee
4 171
-
225 253
-
income
807
-
77 683
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
79 181
-
Employer
4 171
-
225 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
222 391
227 500
-
-
income
48 926
50 050
-
-
total
48 926
50 050
-
-
Dividends
173 465
177 450
-
-
withholding
34 693
35 490
-
-
total
34 693
35 490
-
-
Income
227 500
227 500
227 500
227 500
Total tax
85 990
85 540
81 429
81 233
After tax
141 510
141 960
146 071
146 267
Living cost
2 738
2 738
2 738
2 738
Free-cash
138 772
139 222
143 333
143 529

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129575
₽129575
₽142156
₽147076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 500
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
52 698
pensions
-
-
-
19 214
total
-
-
-
80 632
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.

26 076
-
214 272
-
income
3 594
-
52 698
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
67 404
-
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.

26 076
-
214 272
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
196 756
227 500
-
-
income
29 513
34 125
-
-
total
29 513
34 125
-
-
Dividends
167 243
193 375
-
-
withholding
25 086
29 006
-
-
total
25 086
29 006
-
-
Income
227 500
227 500
227 500
227 500
Total tax
68 051
63 131
80 632
80 632
After tax
159 449
164 369
146 868
146 868
Living cost
17 293
17 293
17 293
17 293
Free-cash
142 156
147 076
129 575
129 575

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91585
₽73722
₽102085
₽102446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 500
social contributions

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

-
-
-
79 056
income
-
-
-
29 903
surtax
-
-
-
-
total
-
-
-
108 959
Employee
38 808
-
183 839
-
income
7 583
-
62 644
-
social contributions
4 269
-
20 221
-
surtax
-
-
296
-
total
11 852
-
83 161
-
Employer
38 808
-
183 839
-
social contributions
9 216
-
43 661
-
total
9 216
-
43 661
-
Corporate
179 476
227 500
-
-
surtax
-
-
-
-
income
37 690
47 775
-
-
total
37 690
47 775
-
-
Dividends
141 787
179 725
-
-
withholding
39 701
50 323
-
-
total
39 701
50 323
-
-
Income
227 500
227 500
227 500
227 500
Total tax
98 459
98 098
126 822
108 959
After tax
129 041
129 402
100 678
118 541
Living cost
26 956
26 956
26 956
26 956
Free-cash
102 085
102 446
73 722
91 585

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
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.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91958
₽87762
₽109343
₽115884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
72 598
pensions
-
-
-
26 227
total
-
-
-
100 402
Employee
48 290
-
197 954
-
income
10 086
-
69 166
-
pensions
2 269
-
4 357
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 150
-
75 052
-
Employer
48 290
-
197 954
-
pensions
11 396
-
21 872
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 097
-
total
15 395
-
29 546
-
Corporate
163 814
227 500
-
-
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.

24 572
34 124
-
-
total
24 572
34 124
-
-
Dividends
139 242
193 376
-
-
withholding
29 900
42 352
-
-
total
29 900
42 352
-
-
Income
227 500
227 500
227 500
227 500
Total tax
83 017
76 476
104 598
100 402
After tax
144 483
151 024
122 902
127 098
Living cost
35 140
35 140
35 140
35 140
Free-cash
109 343
115 884
87 762
91 958

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
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.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166854
₽176331
₽171224
₽177316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
34 125
pensions

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

-
-
-
5 168
total
-
-
-
43 449
Employee
22 772
-
220 649
-
income
2 278
-
22 065
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
27 121
-
Employer
22 772
-
220 649
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
200 260
227 500
-
-
income
20 026
22 750
-
-
total
20 026
22 750
-
-
Dividends
180 235
204 750
-
-
withholding
9 011
10 237
-
-
total
9 011
10 237
-
-
Income
227 500
227 500
227 500
227 500
Total tax
39 079
32 987
33 972
43 449
After tax
188 421
194 513
193 528
184 051
Living cost
17 197
17 197
17 197
17 197
Free-cash
171 224
177 316
176 331
166 854

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75889
₽101864
₽91474
₽78396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 500
trade
-
-
-
25 975
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.

-
-
-
6 831
income

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

-
-
-
76 020
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.

-
-
-
4 182
total
-
-
-
113 008
Employee

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

49 751
-
227 500
-
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.

226
-
4 182
-
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.

4 091
-
76 020
-
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.

6 831
-
6 831
-
total
11 148
-
87 033
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 749
227 500
-
-
trade
25 508
32 646
-
-
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.

1 467
1 877
-
-
income
26 663
34 124
-
-
chamber of commerce
412
486
-
-
total
54 050
69 133
-
-
Dividends
123 700
158 367
-
-
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.

1 679
2 157
-
-
withholding
30 546
39 211
-
-
total
32 225
41 368
-
-
Income
227 500
227 500
227 500
227 500
Total tax
97 423
110 501
87 033
113 008
After tax
130 077
116 999
140 467
114 492
Living cost
38 603
38 603
38 603
38 603
Free-cash
91 474
78 396
101 864
75 889

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56924
₽56924
₽104499
₽102292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
social contributions
-
-
-
39 146
income
-
-
-
74 472
total
-
-
-
113 618
Employee
78 213
-
227 500
-
social contributions
6 498
-
39 146
-
income
14 759
-
74 472
-
total
21 257
-
113 618
-
Employer
78 213
-
227 500
-
total
-
-
-
-
Corporate
149 287
227 500
-
-
income
18 662
28 437
-
-
total
18 662
28 437
-
-
Dividends
130 625
199 063
-
-
withholding
26 124
39 813
-
-
total
26 124
39 813
-
-
Income
227 500
227 500
227 500
227 500
Total tax
66 043
68 250
113 618
113 618
After tax
161 457
159 250
113 882
113 882
Living cost
56 958
56 958
56 958
56 958
Free-cash
104 499
102 292
56 924
56 924

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150405
₽122327
₽109790
₽106295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 500
health

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

-
-
-
6 675
income
-
-
-
34 124
total
-
-
-
40 799
Employee
45 869
-
222 901
-
social contributions
4 596
-
4 599
-
income
4 977
-
59 679
-
total
9 573
-
64 278
-
Employer
45 869
-
222 901
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
177 035
227 500
-
-
income
61 962
79 626
-
-
total
61 962
79 626
-
-
Dividends
115 073
147 874
-
-
social contributions
5 283
5 283
-
-
total
5 283
5 283
-
-
Income
227 500
227 500
227 500
227 500
Total tax
81 414
84 909
68 877
40 799
After tax
146 086
142 591
158 623
186 701
Living cost
36 296
36 296
36 296
36 296
Free-cash
109 790
106 295
122 327
150 405

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109725
₽89412
₽112090
₽106135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
income
-
-
-
70 368
pensions
-
-
-
10 055
total
-
-
-
80 423
Employee
51 271
-
198 269
-
income
9 337
-
56 828
-
pensions
3 913
-
11 999
-
health
669
-
2 678
-
total
13 919
-
71 505
-
Employer
51 271
-
198 269
-
pensions
5 180
-
25 464
-
health
974
-
3 767
-
total
6 154
-
29 231
-
Corporate
170 074
227 500
-
-
income

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

32 314
43 225
-
-
total
32 314
43 225
-
-
Dividends
137 760
184 275
-
-
withholding
25 671
40 788
-
-
total
25 671
40 788
-
-
Income
227 500
227 500
227 500
227 500
Total tax
78 058
84 013
100 736
80 423
After tax
149 442
143 487
126 764
147 077
Living cost
37 352
37 352
37 352
37 352
Free-cash
112 090
106 135
89 412
109 725

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽131604
₽101675
₽14788
-₽5300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
65 230
pensions
-
-
-
4 145
total
-
-
-
72 168
Employee
37 325
-
207 958
-
income
5 121
-
51 145
-
pensions
4 203
-
7 599
-
health
4 274
-
23 811
-
total
13 598
-
82 555
-
Employer
37 325
-
207 958
-
pensions
6 069
-
10 974
-
accident
623
-
3 473
-
unemployment
914
-
5 095
-
total
7 606
-
19 542
-
Corporate
182 568
227 500
-
-
income

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

164 311
204 750
-
-
total
164 311
204 750
-
-
Dividends
18 257
22 750
-
-
withholding
3 469
4 322
-
-
total
3 469
4 322
-
-
Income
227 500
227 500
227 500
227 500
Total tax
188 984
209 072
102 097
72 168
After tax
38 516
18 428
125 403
155 332
Living cost
23 728
23 728
23 728
23 728
Free-cash
14 788
-5 300
101 675
131 604

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
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.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131755
₽153733
₽157513
₽160537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 500
work injury
-
-
-
799
unemployment
-
-
-
1 918
income
-
-
-
38 287
health insurance
-
-
-
11 829
pensions
-
-
-
29 411
total
-
-
-
82 244
Employee

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

21 601
-
227 500
-
income
2 160
-
38 287
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
60 266
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
205 899
227 500
-
-
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%.

20 590
22 750
-
-
total
20 590
22 750
-
-
Dividends
185 309
204 750
-
-
withholding
27 796
30 712
-
-
total
27 796
30 712
-
-
Income
227 500
227 500
227 500
227 500
Total tax
56 486
53 462
60 266
82 244
After tax
171 014
174 038
167 234
145 256
Living cost
13 501
13 501
13 501
13 501
Free-cash
157 513
160 537
153 733
131 755

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67102
₽58890
₽75449
₽79998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 500
social contributions
-
-
-
50 044
municipal
-
-
-
1 598
national
-
-
-
63 347
regional
-
-
-
5 576
total
-
-
-
120 565
Employee
84 257
-
227 500
-
national
14 239
-
56 653
-
social contributions
28 411
-
65 609
-
municipal
503
-
1 457
-
regional
1 272
-
5 058
-
total
44 425
-
128 777
-
Employer
84 257
-
227 500
-
total
-
-
-
-
Corporate
143 243
227 500
-
-
nationa
34 378
54 600
-
-
municipal
6 905
10 966
-
-
total
41 283
65 566
-
-
Dividends
101 960
161 935
-
-
withholding
26 510
42 103
-
-
total
26 510
42 103
-
-
Income
227 500
227 500
227 500
227 500
Total tax
112 218
107 669
128 777
120 565
After tax
115 282
119 831
98 723
106 935
Living cost
39 833
39 833
39 833
39 833
Free-cash
75 449
79 998
58 890
67 102

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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