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
₽ 228500
per

Your estimated
City
free-cash

Dresden , Germany
₽84699
₽110644
₽82021
₽95822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 500
income

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

-
-
-
76 325
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.

-
-
-
4 197
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.

-
-
-
6 871
trade
-
-
-
28 623
total
-
-
-
116 016
Employee

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

38 468
-
228 500
-
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
-
4 197
-
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.

1 075
-
76 325
-
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.

6 871
-
6 871
-
total
8 005
-
87 393
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
190 032
228 500
-
-
income
28 505
34 275
-
-
surtax

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

1 567
1 886
-
-
chamber of commerce
426
481
-
-
trade
29 931
35 988
-
-
total
60 429
72 630
-
-
Dividends
129 604
155 870
-
-
surtax

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

1 762
2 122
-
-
withholding
32 019
38 586
-
-
total
33 781
40 708
-
-
Income
228 500
228 500
228 500
228 500
Total tax
102 215
113 338
87 393
116 016
After tax
126 285
115 162
141 107
112 484
Living cost
30 463
30 463
30 463
30 463
Free-cash
95 822
84 699
110 644
82 021

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
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.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89173
₽78600
₽77375
₽88284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
social contributions
-
-
-
2 456
municipal
-
-
-
25 336
national
-
-
-
42 502
pensions
-
-
-
27 420
total
-
-
-
97 714
Employee
82 797
-
197 536
-
municipal
10 227
-
26 221
-
pensions
3 312
-
7 901
-
national
15 847
-
44 440
-
total
29 386
-
78 562
-
Employer
82 797
-
197 536
-
pensions
6 624
-
15 803
-
social contributions
890
-
2 124
-
total
7 514
-
17 927
-
Corporate
132 725
228 500
-
-
income

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

26 545
45 700
-
-
total
26 545
45 700
-
-
Dividends
106 180
182 800
-
-
withholding
23 360
40 216
-
-
total
23 360
40 216
-
-
Income
228 500
228 500
228 500
228 500
Total tax
86 805
85 916
96 489
97 714
After tax
141 695
142 584
132 011
130 786
Living cost
53 411
53 411
53 411
53 411
Free-cash
88 284
89 173
78 600
77 375

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161877
₽78539
₽62338
₽153626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 500
income
-
-
-
48 436
surtax
-
-
-
58 267
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.

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
145 238
Employee
29 388
-
179 842
-
surtax
-
-
26 077
-
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.

3 233
-
13 185
-
income
5 231
-
41 117
-
total
8 464
-
80 379
-
Employer
29 388
-
179 842
-
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.

7 079
-
28 875
-
surtax
-
-
19 783
-
total
7 079
-
48 658
-
Corporate
192 033
228 500
-
-
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%.

38 407
45 699
-
-
total
38 407
45 699
-
-
Dividends

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

153 626
182 801
-
-
total
-
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
53 950
45 699
129 037
145 238
After tax
174 550
182 801
99 463
83 262
Living cost
20 924
20 924
20 924
20 924
Free-cash
153 626
161 877
78 539
62 338

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71763
₽104001
₽80445
₽65599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
81 737
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
105 923
Employee
85 887
85 887
209 809
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
39 490
-
health
13 183
11 213
12 402
-
total
42 701
37 055
63 676
-
Employer
85 887
85 887
209 809
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
128 627
127 573
-
-
income
25 726
25 514
-
-
total
25 726
25 514
-
-
Dividends
102 901
102 059
-
-
income
21 867
21 687
-
-
withholding
15 435
15 309
-
-
total
37 302
36 996
-
-
Income
228 500
228 500
228 500
228 500
Total tax
120 769
114 605
82 367
105 923
After tax
107 731
113 895
146 133
122 577
Living cost
42 132
42 132
42 132
42 132
Free-cash
65 599
71 763
104 001
80 445

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83555
₽72254
₽73254
₽82630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
60 337
national
-
-
-
27 541
pensions
-
-
-
9 762
total
-
-
-
114 040
Employee
58 715
-
200 125
-
municipal
17 509
-
59 677
-
national
-
-
26 988
-
total
17 509
-
86 665
-
Employer
58 715
-
200 125
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
151 337
228 500
-
-
income
33 294
50 270
-
-
total
33 294
50 270
-
-
Dividends
118 043
178 230
-
-
withholding
35 413
53 469
-
-
total
35 413
53 469
-
-
Income
228 500
228 500
228 500
228 500
Total tax
104 664
103 739
115 040
114 040
After tax
123 836
124 761
113 460
114 460
Living cost
41 206
41 206
41 206
41 206
Free-cash
82 630
83 555
72 254
73 254

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74478
₽101597
₽71701
₽88609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 500
income

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

-
-
-
76 325
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.

-
-
-
4 197
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.

-
-
-
6 871
trade
-
-
-
29 896
total
-
-
-
117 289
Employee

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

51 004
-
228 500
-
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.

240
-
4 197
-
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.

4 382
-
76 325
-
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.

6 871
-
6 871
-
total
11 493
-
87 393
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 496
228 500
-
-
income
26 625
34 275
-
-
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.

1 464
1 886
-
-
chamber of commerce
405
477
-
-
trade
29 198
37 588
-
-
total
57 692
74 226
-
-
Dividends
119 805
154 275
-
-
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.

1 626
2 099
-
-
withholding
29 570
38 187
-
-
total
31 196
40 286
-
-
Income
228 500
228 500
228 500
228 500
Total tax
100 381
114 512
87 393
117 289
After tax
128 119
113 988
141 107
111 211
Living cost
39 510
39 510
39 510
39 510
Free-cash
88 609
74 478
101 597
71 701

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133905
₽119118
₽120987
₽129735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
52 792
social contributions
-
-
-
16 273
health
-
-
-
5 827
total
-
-
-
74 892
Employee
77 337
77 337
215 850
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
51 784
-
health
769
1 315
3 670
-
total
12 648
14 893
64 111
-
Employer
77 337
77 337
215 850
-
health
838
1 431
3 993
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
12 650
-
Corporate
178 634
143 313
-
-
income
22 329
17 914
-
-
total
22 329
17 914
-
-
Dividends
156 306
125 399
-
-
withholding
26 571
21 317
-
-
total
26 571
21 317
-
-
Income
228 500
228 500
228 500
228 500
Total tax
66 144
61 974
76 761
74 892
After tax
162 356
166 526
151 739
153 608
Living cost
32 621
32 621
32 621
32 621
Free-cash
129 735
133 905
119 118
120 987

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
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.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109800
₽114008
₽139838
₽110184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
27 934
unemployment
-
-
-
3 428
health
-
-
-
15 995
pensions
-
-
-
22 850
total
-
-
-
70 207
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.

26 641
10 603
191 213
-
unemployment
400
159
2 868
-
pensions
2 664
1 060
19 121
-
income
3 257
1 296
23 376
-
health
1 865
742
13 385
-
total
8 186
3 257
58 750
-
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.

26 641
10 603
191 213
-
pensions
5 195
2 068
37 287
-
total
5 195
2 068
37 287
-
Corporate
196 664
215 830
-
-
income
17 700
19 425
-
-
total
17 700
19 425
-
-
Dividends
178 965
196 405
-
-
social contributions
34 777
38 178
-
-
withholding
34 003
37 317
-
-
total
68 780
75 495
-
-
Income
228 500
228 500
228 500
228 500
Total tax
99 861
100 245
96 037
70 207
After tax
128 639
128 255
132 463
158 293
Living cost
18 455
18 455
18 455
18 455
Free-cash
110 184
109 800
114 008
139 838

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158508
₽107412
₽98184
₽152260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
30 620
health
-
-
-
29 705
pensions
-
-
-
45 699
total
-
-
-
106 024
Employee
28 531
-
170 776
-
unemployment
456
-
2 733
-
pensions
571
-
3 416
-
income
3 212
-
32 925
-
total
4 239
-
39 074
-
Employer
28 531
-
170 776
-
health
3 708
-
22 201
-
pensions
5 707
-
34 154
-
unemployment
229
-
1 367
-
total
9 644
-
57 722
-
Corporate
190 324
228 500
-
-
income
38 065
45 699
-
-
total
38 065
45 699
-
-
Dividends
152 259
182 801
-
-
total
-
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
51 948
45 699
96 796
106 024
After tax
176 552
182 801
131 704
122 476
Living cost
24 292
24 292
24 292
24 292
Free-cash
152 260
158 508
107 412
98 184

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3891
₽103443
₽133627
₽15072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
accident
-
-
-
257
income
-
-
-
65 382
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
72 473
Employee
35 237
-
208 685
-
pensions
3 968
-
7 768
-
income
4 834
-
51 179
-
health
4 035
-
23 894
-
total
12 837
-
82 841
-
Employer
35 237
-
208 685
-
pensions
5 730
-
11 218
-
accident
588
-
3 485
-
unemployment
863
-
5 113
-
total
7 181
-
19 816
-
Corporate
186 082
228 500
-
-
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.

167 474
205 650
-
-
total
167 474
205 650
-
-
Dividends
18 608
22 850
-
-
withholding
3 536
4 341
-
-
total
3 536
4 341
-
-
Income
228 500
228 500
228 500
228 500
Total tax
191 028
209 991
102 657
72 473
After tax
37 472
18 509
125 843
156 027
Living cost
22 400
22 400
22 400
22 400
Free-cash
15 072
-3 891
103 443
133 627

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽208935
₽174660
₽218075
₽207409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
228 500
microenterprise

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

-
-
-
2 285
total
-
-
-
2 285
Employee
10 174
-
228 500
-
income
2 035
-
45 700
-
total
2 035
-
45 700
-
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%.

218 326
228 500
-
-
total
-
-
-
-
Dividends
218 326
228 500
-
-
withholding
10 916
11 425
-
-
total
10 916
11 425
-
-
Income
228 500
228 500
228 500
228 500
Total tax
12 951
11 425
45 700
2 285
After tax
215 549
217 075
182 800
226 215
Living cost
8 140
8 140
8 140
8 140
Free-cash
207 409
208 935
174 660
218 075

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141078
₽108925
₽110806
₽134284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
40 195
other
-
-
-
7 264
health
-
-
-
6 730
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.

-
-
-
36 706
total
-
-
-
90 895
Employee
36 518
-
189 666
-
unemployment
365
-
1 529
-
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.

2 556
-
10 705
-
income
6 287
-
39 567
-
health
512
-
2 141
-
total
9 720
-
53 942
-
Employer
36 518
-
189 666
-
health
512
-
2 141
-
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.

6 209
-
26 001
-
accident
292
-
1 517
-
unemployment
365
-
1 529
-
other
1 827
-
7 646
-
total
9 205
-
38 834
-
Corporate
182 779
228 500
-
-
income
38 384
47 986
-
-
total
38 384
47 986
-
-
Dividends
144 395
180 514
-
-
withholding
10 108
12 637
-
-
total
10 108
12 637
-
-
Income
228 500
228 500
228 500
228 500
Total tax
67 417
60 623
92 776
90 895
After tax
161 083
167 877
135 724
137 605
Living cost
26 799
26 799
26 799
26 799
Free-cash
134 284
141 078
108 925
110 806

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽77064
₽60336
₽80727
₽85111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
70 871
pensions
-
-
-
10 043
total
-
-
-
80 914
Employee
94 595
-
199 123
-
pensions
9 126
-
11 969
-
income
17 052
-
57 276
-
health
1 559
-
2 684
-
total
27 737
-
71 929
-
Employer
94 595
-
199 123
-
health
1 797
-
3 782
-
pensions
11 169
-
25 594
-
total
12 966
-
29 376
-
Corporate
120 939
228 500
-
-
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.

22 979
43 414
-
-
total
22 979
43 414
-
-
Dividends
97 960
185 086
-
-
withholding
12 848
41 163
-
-
total
12 848
41 163
-
-
Income
228 500
228 500
228 500
228 500
Total tax
76 530
84 577
101 305
80 914
After tax
151 970
143 923
127 195
147 586
Living cost
66 859
66 859
66 859
66 859
Free-cash
85 111
77 064
60 336
80 727

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽182163
₽181139
₽171627
₽177483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
34 275
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
43 668
Employee
17 485
-
221 598
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
22 160
-
health
804
-
1 618
-
total
4 280
-
27 254
-
Employer
17 485
-
221 598
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
207 584
228 500
-
-
income
20 759
22 850
-
-
total
20 759
22 850
-
-
Dividends
186 826
205 650
-
-
withholding
9 341
10 282
-
-
total
9 341
10 282
-
-
Income
228 500
228 500
228 500
228 500
Total tax
37 812
33 132
34 156
43 668
After tax
190 688
195 368
194 344
184 832
Living cost
13 205
13 205
13 205
13 205
Free-cash
177 483
182 163
181 139
171 627

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58125
₽90363
₽66807
₽60654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
81 737
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
105 923
Employee
93 245
85 887
209 809
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
39 490
-
health
11 633
11 213
12 402
-
total
37 475
37 055
63 676
-
Employer
93 245
85 887
209 809
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
118 928
127 573
-
-
income
23 785
25 514
-
-
total
23 785
25 514
-
-
Dividends
95 144
102 059
-
-
income
20 218
21 687
-
-
withholding
14 272
15 309
-
-
total
34 490
36 996
-
-
Income
228 500
228 500
228 500
228 500
Total tax
112 076
114 605
82 367
105 923
After tax
116 424
113 895
146 133
122 577
Living cost
55 770
55 770
55 770
55 770
Free-cash
60 654
58 125
90 363
66 807

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132329
₽99763
₽109745
₽123412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
24 253
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
2 697
health
-
-
-
30 848
total
-
-
-
93 762
Employee
36 754
-
181 384
-
solidarity contribution
-
-
1 801
-
social contributions
2 389
-
8 006
-
income
4 411
-
22 334
-
health
4 962
-
24 487
-
total
11 762
-
56 628
-
Employer
36 754
-
181 384
-
health
3 308
-
16 325
-
social contributions
9 189
-
30 791
-
total
12 497
-
47 116
-
Corporate
179 249
228 500
-
-
income
34 057
43 415
-
-
total
34 057
43 415
-
-
Dividends
145 192
185 085
-
-
withholding
21 779
27 763
-
-
total
21 779
27 763
-
-
Income
228 500
228 500
228 500
228 500
Total tax
80 095
71 178
103 744
93 762
After tax
148 405
157 322
124 756
134 738
Living cost
24 993
24 993
24 993
24 993
Free-cash
123 412
132 329
99 763
109 745

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79475
₽59297
₽67825
₽74224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
social contributions
-
-
-
50 337
regional
-
-
-
2 900
municipal
-
-
-
1 426
national
-
-
-
63 573
total
-
-
-
118 236
Employee
89 385
-
228 500
-
municipal
473
-
1 300
-
national
15 488
-
56 842
-
regional
843
-
2 629
-
social contributions
30 141
-
65 993
-
total
46 945
-
126 764
-
Employer
89 385
-
228 500
-
total
-
-
-
-
Corporate
139 115
228 500
-
-
municipal
5 426
8 911
-
-
nationa
33 387
54 840
-
-
total
38 813
63 751
-
-
Dividends
100 302
164 749
-
-
withholding
26 079
42 835
-
-
total
26 079
42 835
-
-
Income
228 500
228 500
228 500
228 500
Total tax
111 837
106 586
126 764
118 236
After tax
116 663
121 914
101 736
110 264
Living cost
42 439
42 439
42 439
42 439
Free-cash
74 224
79 475
59 297
67 825

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121533
₽79110
₽85258
₽118402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
72 229
other
-
-
-
-
surtax
-
-
-
12 215
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
121 049
Employee
33 259
-
200 245
-
other
-
-
-
-
unemployment
2 315
-
9 343
-
pensions
2 218
-
8 953
-
surtax
109
-
11 011
-
income
5 575
-
66 213
-
health
849
-
3 422
-
total
11 066
-
98 942
-
Employer
33 259
-
200 245
-
health
1 514
-
6 108
-
pensions
4 434
-
17 893
-
unemployment
1 054
-
4 254
-
other
-
-
-
-
total
7 002
-
28 255
-
Corporate
188 240
228 500
-
-
income
48 942
59 411
-
-
total
48 942
59 411
-
-
Dividends
139 298
169 089
-
-
withholding
20 895
25 363
-
-
total
20 895
25 363
-
-
Income
228 500
228 500
228 500
228 500
Total tax
87 905
84 774
127 197
121 049
After tax
140 595
143 726
101 303
107 451
Living cost
22 193
22 193
22 193
22 193
Free-cash
118 402
121 533
79 110
85 258

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
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.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98247
₽81519
₽101910
₽104851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
70 871
pensions
-
-
-
10 043
total
-
-
-
80 914
Employee
63 395
-
199 123
-
pensions
5 381
-
11 969
-
income
11 418
-
57 276
-
health
920
-
2 684
-
total
17 719
-
71 929
-
Employer
63 395
-
199 123
-
health
1 204
-
3 782
-
pensions
6 863
-
25 594
-
total
8 067
-
29 376
-
Corporate
157 038
228 500
-
-
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.

29 837
43 414
-
-
total
29 837
43 414
-
-
Dividends
127 201
185 086
-
-
withholding
22 350
41 163
-
-
total
22 350
41 163
-
-
Income
228 500
228 500
228 500
228 500
Total tax
77 973
84 577
101 305
80 914
After tax
150 527
143 923
127 195
147 586
Living cost
45 676
45 676
45 676
45 676
Free-cash
104 851
98 247
81 519
101 910

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
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.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24741
₽93273
₽101837
₽58862
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
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.

-
-
-
4 569
regional
-
-
-
12 678
health
-
-
-
514
city
-
-
-
2 409
national
-
-
-
5 726
pensions
-
-
-
21 022
total
-
-
-
46 918
Employee
93 322
-
205 530
-
unemployment
-
-
-
-
pensions
7 840
-
16 135
-
national
442
-
4 690
-
regional
3 056
-
11 263
-
city
1 002
-
2 222
-
health
211
-
463
-
total
12 551
-
34 773
-
Employer
93 322
-
205 530
-
health
211
-
463
-
pensions
7 840
-
16 135
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 866
-
4 111
-
total
9 917
-
20 709
-
Corporate
124 235
228 500
-
-
regional
26 276
48 328
-
-
national
10 560
19 423
-
-
total
36 836
67 751
-
-
Dividends
87 399
160 749
-
-
withholding
30 589
56 263
-
-
total
30 589
56 263
-
-
Income
228 500
228 500
228 500
228 500
Total tax
89 893
124 014
55 482
46 918
After tax
138 607
104 486
173 018
181 582
Living cost
79 745
79 745
79 745
79 745
Free-cash
58 862
24 741
93 273
101 837

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽66739
₽95033
₽63866
₽83047
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 500
income

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

-
-
-
76 325
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.

-
-
-
4 197
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.

-
-
-
6 871
trade
-
-
-
31 167
total
-
-
-
118 560
Employee

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

60 444
-
228 500
-
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.

391
-
4 197
-
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.

7 108
-
76 325
-
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.

6 871
-
6 871
-
total
14 370
-
87 393
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 056
228 500
-
-
income
25 209
34 275
-
-
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.

1 386
1 886
-
-
chamber of commerce
389
475
-
-
trade
28 822
39 187
-
-
total
55 806
75 823
-
-
Dividends
112 251
152 677
-
-
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.

1 523
2 078
-
-
withholding
27 680
37 786
-
-
total
29 203
39 864
-
-
Income
228 500
228 500
228 500
228 500
Total tax
99 379
115 687
87 393
118 560
After tax
129 121
112 813
141 107
109 940
Living cost
46 074
46 074
46 074
46 074
Free-cash
83 047
66 739
95 033
63 866

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80754
₽83602
₽90434
₽86695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
42 948
other
-
-
-
7 083
surtax
-
-
-
-
social contributions
-
-
-
6 510
health
-
-
-
11 265
pensions
-
-
-
35 850
total
-
-
-
103 656
Employee
43 044
-
174 195
-
pensions
4 867
-
13 211
-
surtax
-
-
-
-
social contributions
1 227
-
4 962
-
income
2 540
-
38 011
-
total
8 634
-
56 184
-
Employer
43 044
-
174 195
-
health
3 014
-
17 419
-
pensions
7 071
-
22 045
-
unemployment
1 743
-
7 054
-
social contributions
130
-
523
-
other
1 485
-
7 263
-
total
13 443
-
54 304
-
Corporate
172 013
228 500
-
-
income
48 163
63 980
-
-
surtax
-
-
-
-
total
48 163
63 980
-
-
Dividends
123 850
164 520
-
-
surtax
-
-
-
-
social contributions
21 302
28 297
-
-
withholding
15 853
21 059
-
-
total
37 155
49 356
-
-
Income
228 500
228 500
228 500
228 500
Total tax
107 395
113 336
110 488
103 656
After tax
121 105
115 164
118 012
124 844
Living cost
34 410
34 410
34 410
34 410
Free-cash
86 695
80 754
83 602
90 434

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
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.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84163
₽87011
₽93843
₽89750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
42 948
other
-
-
-
7 083
surtax
-
-
-
-
social contributions
-
-
-
6 510
health
-
-
-
11 265
pensions
-
-
-
35 850
total
-
-
-
103 656
Employee
38 423
-
174 195
-
pensions
4 346
-
13 211
-
surtax
-
-
-
-
social contributions
1 096
-
4 962
-
income
1 981
-
38 011
-
total
7 423
-
56 184
-
Employer
38 423
-
174 195
-
health
2 689
-
17 419
-
pensions
6 314
-
22 045
-
unemployment
1 556
-
7 054
-
social contributions
115
-
523
-
other
1 326
-
7 263
-
total
12 000
-
54 304
-
Corporate
178 077
228 500
-
-
income
49 862
63 980
-
-
surtax
-
-
-
-
total
49 862
63 980
-
-
Dividends
128 215
164 520
-
-
surtax
-
-
-
-
social contributions
22 052
28 297
-
-
withholding
16 412
21 059
-
-
total
38 464
49 356
-
-
Income
228 500
228 500
228 500
228 500
Total tax
107 749
113 336
110 488
103 656
After tax
120 751
115 164
118 012
124 844
Living cost
31 001
31 001
31 001
31 001
Free-cash
89 750
84 163
87 011
93 843

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118078
₽119194
₽125414
₽118601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
34 275
social contributions
-
-
-
31 534
health
-
-
-
15 950
total
-
-
-
81 759
Employee
34 101
-
228 500
-
social contributions
4 707
-
31 534
-
income
5 688
-
40 495
-
health
2 380
-
15 950
-
total
12 775
-
87 979
-
Employer
34 101
-
228 500
-
total
-
-
-
-
Corporate
194 399
228 500
-
-
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%.

9 720
11 425
-
-
total
9 720
11 425
-
-
Dividends
184 679
217 075
-
-
social contributions
25 485
29 957
-
-
withholding
27 701
32 561
-
-
health
12 891
15 152
-
-
total
66 077
77 670
-
-
Income
228 500
228 500
228 500
228 500
Total tax
88 572
89 095
87 979
81 759
After tax
139 928
139 405
140 521
146 741
Living cost
21 327
21 327
21 327
21 327
Free-cash
118 601
118 078
119 194
125 414

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90503
₽24442
₽81582
₽88943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
73 473
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
914
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
111 479
Employee
50 263
40 080
189 248
-
other
502
401
1 176
-
unemployment
1 508
1 202
3 525
-
pensions
5 147
4 103
12 032
-
income
5 722
2 956
61 730
-
health
1 945
1 552
4 546
-
total
14 824
10 214
83 009
-
Employer
50 263
40 080
189 248
-
chamber of commerce
200
160
758
-
health
1 899
1 515
4 441
-
pensions
6 308
5 031
14 746
-
accident
653
521
1 527
-
unemployment
1 508
1 202
3 525
-
surtax
198
198
198
-
payroll
1 508
1 202
5 678
-
other
2 388
1 903
8 379
-
total
14 662
11 732
39 252
-
Corporate
163 575
176 685
185 431
-
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.

40 894
44 171
46 358
-
total
40 894
44 171
46 358
-
Dividends
122 682
132 515
-
-
withholding
33 738
36 441
-
-
total
33 738
36 441
-
-
Income
228 500
228 500
228 500
228 500
Total tax
104 118
102 558
168 619
111 479
After tax
124 382
125 942
59 881
117 021
Living cost
35 439
35 439
35 439
35 439
Free-cash
88 943
90 503
24 442
81 582

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88597
₽40910
₽62725
₽75932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
communal

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

-
-
-
12 205
social contributions
-
-
-
25 075
national
-
-
-
91 824
total
-
-
-
129 104
Employee

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

71 942
-
176 979
-
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.

626
-
1 540
-
communal

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

3 752
-
9 230
-
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.

5 396
-
13 274
-
national
22 118
-
67 036
-
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.

3 380
-
8 318
-
total
35 272
-
99 398
-
Employer

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

71 942
-
176 979
-
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.

4 424
-
10 885
-
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.

6 375
-
15 681
-
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.

935
-
2 300
-
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.

1 050
-
2 584
-
surtax
8 157
-
20 071
-
total
20 941
-
51 521
-
Corporate
135 617
228 500
-
-
income
27 123
49 087
-
-
surtax
542
981
-
-
total
27 665
50 068
-
-
Dividends
107 952
178 432
-
-
withholding

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

32 019
53 164
-
-
total
32 019
53 164
-
-
Income
228 500
228 500
228 500
228 500
Total tax
115 897
103 232
150 919
129 104
After tax
112 603
125 268
77 581
99 396
Living cost
36 671
36 671
36 671
36 671
Free-cash
75 932
88 597
40 910
62 725

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115368
₽87117
₽91335
₽108479
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
accident
-
-
-
840
income
-
-
-
72 875
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
100 843
Employee
50 064
-
198 781
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
69 422
-
total
13 743
-
75 343
-
Employer
50 064
-
198 781
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
162 479
228 500
-
-
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.

24 371
34 275
-
-
total
24 371
34 275
-
-
Dividends
138 108
194 225
-
-
withholding
29 627
42 535
-
-
total
29 627
42 535
-
-
Income
228 500
228 500
228 500
228 500
Total tax
83 699
76 810
105 061
100 843
After tax
144 801
151 690
123 439
127 657
Living cost
36 322
36 322
36 322
36 322
Free-cash
108 479
115 368
87 117
91 335

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74550
₽61680
₽52568
₽60718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
communal
-
-
-
14 440
accident
-
-
-
1 926
income
-
-
-
43 277
surtax
-
-
-
11 328
health
-
-
-
16 055
pensions
-
-
-
34 250
total
-
-
-
121 276
Employee
76 164
-
204 112
-
pensions
6 092
-
16 328
-
surtax
4 668
-
12 509
-
income
7 357
-
49 858
-
health
3 390
-
9 081
-
total
21 507
-
87 776
-
Employer
76 164
-
204 112
-
health
2 323
-
6 224
-
pensions
6 092
-
16 328
-
accident
685
-
1 836
-
total
9 100
-
24 388
-
Corporate
143 235
228 500
-
-
communal
9 669
15 423
-
-
income
21 485
34 275
-
-
surtax
1 504
2 399
-
-
total
32 658
52 097
-
-
Dividends
110 577
176 403
-
-
income
33 275
20 736
-
-
withholding
16 586
26 461
-
-
total
49 861
47 197
-
-
Income
228 500
228 500
228 500
228 500
Total tax
113 126
99 294
112 164
121 276
After tax
115 374
129 206
116 336
107 224
Living cost
54 656
54 656
54 656
54 656
Free-cash
60 718
74 550
61 680
52 568

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121136
₽78713
₽84861
₽117937
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
72 229
other
-
-
-
-
surtax
-
-
-
12 215
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
121 049
Employee
33 870
-
200 245
-
other
-
-
-
-
unemployment
2 357
-
9 343
-
pensions
2 260
-
8 953
-
surtax
120
-
11 011
-
income
5 678
-
66 213
-
health
865
-
3 422
-
total
11 280
-
98 942
-
Employer
33 870
-
200 245
-
health
1 540
-
6 108
-
pensions
4 516
-
17 893
-
unemployment
1 075
-
4 254
-
other
-
-
-
-
total
7 131
-
28 255
-
Corporate
187 499
228 500
-
-
income
48 749
59 411
-
-
total
48 749
59 411
-
-
Dividends
138 750
169 089
-
-
withholding
20 813
25 363
-
-
total
20 813
25 363
-
-
Income
228 500
228 500
228 500
228 500
Total tax
87 973
84 774
127 197
121 049
After tax
140 527
143 726
101 303
107 451
Living cost
22 590
22 590
22 590
22 590
Free-cash
117 937
121 136
78 713
84 861

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93012
₽73973
₽82455
₽90778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
social contributions
-
-
-
50 337
regional
-
-
-
3 616
municipal
-
-
-
1 426
national
-
-
-
63 573
total
-
-
-
118 952
Employee
55 790
-
228 500
-
municipal
296
-
1 300
-
national
8 839
-
56 842
-
regional
751
-
3 299
-
social contributions
18 813
-
65 993
-
total
28 699
-
127 434
-
Employer
55 790
-
228 500
-
total
-
-
-
-
Corporate
172 710
228 500
-
-
municipal
8 583
11 356
-
-
nationa
41 451
54 840
-
-
total
50 034
66 196
-
-
Dividends
122 676
162 304
-
-
withholding
31 896
42 199
-
-
total
31 896
42 199
-
-
Income
228 500
228 500
228 500
228 500
Total tax
110 629
108 395
127 434
118 952
After tax
117 871
120 105
101 066
109 548
Living cost
27 093
27 093
27 093
27 093
Free-cash
90 778
93 012
73 973
82 455

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126524
₽93958
₽103940
₽115537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
24 253
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
2 697
health
-
-
-
30 848
total
-
-
-
93 762
Employee
45 291
-
181 384
-
solidarity contribution
-
-
1 801
-
social contributions
2 944
-
8 006
-
income
5 435
-
22 334
-
health
6 114
-
24 487
-
total
14 493
-
56 628
-
Employer
45 291
-
181 384
-
health
4 076
-
16 325
-
social contributions
11 323
-
30 791
-
total
15 399
-
47 116
-
Corporate
167 810
228 500
-
-
income
31 884
43 415
-
-
total
31 884
43 415
-
-
Dividends
135 926
185 085
-
-
withholding
20 389
27 763
-
-
total
20 389
27 763
-
-
Income
228 500
228 500
228 500
228 500
Total tax
82 165
71 178
103 744
93 762
After tax
146 335
157 322
124 756
134 738
Living cost
30 798
30 798
30 798
30 798
Free-cash
115 537
126 524
93 958
103 940

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93962
₽27844
₽85132
₽93461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
73 473
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
914
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
111 281
Employee
43 964
40 080
189 433
-
other
439
401
1 176
-
unemployment
1 319
1 202
3 525
-
pensions
4 502
4 103
12 032
-
income
3 916
2 956
61 819
-
health
1 701
1 552
4 546
-
total
11 877
10 214
83 098
-
Employer
43 964
40 080
189 433
-
chamber of commerce
176
160
758
-
health
1 662
1 515
4 441
-
pensions
5 518
5 031
14 746
-
accident
571
521
1 527
-
unemployment
1 319
1 202
3 525
-
surtax
-
-
-
-
payroll
1 319
1 202
5 684
-
other
2 088
1 903
8 386
-
total
12 653
11 534
39 067
-
Corporate
171 884
176 884
185 616
-
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.

42 970
44 220
46 404
-
total
42 970
44 220
46 404
-
Dividends
128 914
132 664
-
-
withholding
35 452
36 483
-
-
total
35 452
36 483
-
-
Income
228 500
228 500
228 500
228 500
Total tax
102 952
102 451
168 569
111 281
After tax
125 548
126 049
59 931
117 219
Living cost
32 087
32 087
32 087
32 087
Free-cash
93 461
93 962
27 844
85 132

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽204391
₽170116
₽213531
₽202013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
228 500
microenterprise

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

-
-
-
2 285
total
-
-
-
2 285
Employee
15 855
-
228 500
-
income
3 171
-
45 700
-
total
3 171
-
45 700
-
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%.

212 645
228 500
-
-
total
-
-
-
-
Dividends
212 645
228 500
-
-
withholding
10 632
11 425
-
-
total
10 632
11 425
-
-
Income
228 500
228 500
228 500
228 500
Total tax
13 803
11 425
45 700
2 285
After tax
214 697
217 075
182 800
226 215
Living cost
12 684
12 684
12 684
12 684
Free-cash
202 013
204 391
170 116
213 531

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130347
₽73912
₽78870
₽121933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 500
income
-
-
-
58 095
unemployment
-
-
-
344
health
-
-
-
22 485
pensions
-
-
-
41 730
total
-
-
-
122 654
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.

44 474
-
197 714
-
unemployment
63
-
277
-
pensions
6 894
-
30 646
-
income
7 670
-
53 132
-
health
2 872
-
12 772
-
total
17 499
-
96 827
-
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.

44 474
-
197 714
-
health
2 962
-
13 169
-
pensions
3 936
-
17 498
-
unemployment
27
-
118
-
total
6 925
-
30 785
-
Corporate
177 101
228 500
-
-
income
33 649
43 415
-
-
total
33 649
43 415
-
-
Dividends
143 453
185 085
-
-
withholding
21 518
27 762
-
-
total
21 518
27 762
-
-
Income
228 500
228 500
228 500
228 500
Total tax
79 591
71 177
127 612
122 654
After tax
148 909
157 323
100 888
105 846
Living cost
26 976
26 976
26 976
26 976
Free-cash
121 933
130 347
73 912
78 870

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95016
₽171081
₽113909
₽46508
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
44 539
social contributions
-
-
-
26 049
total
-
-
-
70 588
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
76 442
228 500
-
-
income
16 817
50 270
-
-
total
16 817
50 270
-
-
Dividends
59 625
178 230
-
-
income
13 118
39 211
-
-
total
13 118
39 211
-
-
Income
228 500
228 500
228 500
228 500
Total tax
137 989
89 481
13 416
70 588
After tax
90 511
139 019
215 084
157 912
Living cost
44 003
44 003
44 003
44 003
Free-cash
46 508
95 016
171 081
113 909

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98424
₽69601
₽87533
₽97411
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 500
income
-
-
-
30 017
surtax
-
-
-
-
social contributions

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

-
-
-
79 403
total
-
-
-
109 420
Employee
46 257
-
184 646
-
surtax
-
-
292
-
social contributions
5 088
-
20 311
-
income
9 622
-
62 895
-
total
14 710
-
83 498
-
Employer
46 257
-
184 646
-
social contributions
10 986
-
43 854
-
total
10 986
-
43 854
-
Corporate
171 258
228 500
-
-
income
35 964
47 986
-
-
surtax
-
-
-
-
total
35 964
47 986
-
-
Dividends
135 294
180 514
-
-
withholding
37 882
50 543
-
-
total
37 882
50 543
-
-
Income
228 500
228 500
228 500
228 500
Total tax
99 542
98 529
127 352
109 420
After tax
128 958
129 971
101 148
119 080
Living cost
31 547
31 547
31 547
31 547
Free-cash
97 411
98 424
69 601
87 533

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66588
₽69436
₽76268
₽73502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
42 948
other
-
-
-
7 083
surtax
-
-
-
-
social contributions
-
-
-
6 510
health
-
-
-
11 265
pensions
-
-
-
35 850
total
-
-
-
103 656
Employee
62 992
-
174 195
-
pensions
7 125
-
13 211
-
surtax
-
-
-
-
social contributions
1 794
-
4 962
-
income
5 496
-
38 011
-
total
14 415
-
56 184
-
Employer
62 992
-
174 195
-
health
4 409
-
17 419
-
pensions
10 350
-
22 045
-
unemployment
2 552
-
7 054
-
social contributions
189
-
523
-
other
2 174
-
7 263
-
total
19 674
-
54 304
-
Corporate
145 834
228 500
-
-
income
40 834
63 980
-
-
surtax
-
-
-
-
total
40 834
63 980
-
-
Dividends
105 000
164 520
-
-
surtax
-
-
-
-
social contributions
18 059
28 297
-
-
withholding
13 440
21 059
-
-
total
31 499
49 356
-
-
Income
228 500
228 500
228 500
228 500
Total tax
106 422
113 336
110 488
103 656
After tax
122 078
115 164
118 012
124 844
Living cost
48 576
48 576
48 576
48 576
Free-cash
73 502
66 588
69 436
76 268

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175418
₽142352
₽136283
₽172040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
11 715
social contributions
-
-
-
50 270
total
-
-
-
61 985
Employee
32 334
-
197 835
-
income
-
-
12 391
-
social contributions
2 101
-
12 860
-
total
2 101
-
25 251
-
Employer
32 334
-
197 835
-
social contributions
5 012
-
30 665
-
total
5 012
-
30 665
-
Corporate
191 154
228 500
-
-
income
19 115
22 850
-
-
total
19 115
22 850
-
-
Dividends
172 040
205 650
-
-
total
-
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
26 228
22 850
55 916
61 985
After tax
202 272
205 650
172 584
166 515
Living cost
30 232
30 232
30 232
30 232
Free-cash
172 040
175 418
142 352
136 283

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
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.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9474
₽9474
₽83380
₽5395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
labour market
-
-
-
18 210
municipal
-
-
-
49 125
national
-
-
-
28 500
pensions
-
-
-
871
total
-
-
-
96 706
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
9 473
-
-
-
income
2 084
-
-
-
total
2 084
-
-
-
Dividends
7 389
-
-
-
withholding
1 995
-
-
-
total
1 995
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
174 691
170 612
170 612
96 706
After tax
53 809
57 888
57 888
131 794
Living cost
48 414
48 414
48 414
48 414
Free-cash
5 395
9 474
9 474
83 380

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3561
₽103773
₽133957
₽15123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
accident
-
-
-
257
income
-
-
-
65 382
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
72 473
Employee
34 717
-
208 685
-
pensions
3 909
-
7 768
-
income
4 763
-
51 179
-
health
3 975
-
23 894
-
total
12 647
-
82 841
-
Employer
34 717
-
208 685
-
pensions
5 645
-
11 218
-
accident
580
-
3 485
-
unemployment
851
-
5 113
-
total
7 076
-
19 816
-
Corporate
186 707
228 500
-
-
income

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

168 037
205 650
-
-
total
168 037
205 650
-
-
Dividends
18 671
22 850
-
-
withholding
3 547
4 341
-
-
total
3 547
4 341
-
-
Income
228 500
228 500
228 500
228 500
Total tax
191 307
209 991
102 657
72 473
After tax
37 193
18 509
125 843
156 027
Living cost
22 070
22 070
22 070
22 070
Free-cash
15 123
-3 561
103 773
133 957

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101381
₽75131
₽101306
₽104488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
228 500
health
-
-
-
3 100
municipal
-
-
-
40 573
national
-
-
-
44 908
total
-
-
-
88 581
Employee
52 914
-
192 225
-
municipal
8 667
-
31 290
-
unemployment
794
-
2 884
-
pensions
3 571
-
12 975
-
national
874
-
28 792
-
health
395
-
2 540
-
total
14 301
-
78 481
-
Employer
52 914
-
192 225
-
health
407
-
1 481
-
pensions
9 180
-
33 351
-
accident
53
-
193
-
unemployment
344
-
1 250
-
total
9 984
-
36 275
-
Corporate
165 602
228 500
-
-
income
33 120
45 699
-
-
total
33 120
45 699
-
-
Dividends

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

99 361
137 100
-
-
municipal
17 885
24 678
-
-
national
10 109
18 129
-
-
total
27 994
42 807
-
-
Income
228 500
228 500
228 500
228 500
Total tax
85 399
88 506
114 756
88 581
After tax
143 101
139 994
113 744
139 919
Living cost
38 613
38 613
38 613
38 613
Free-cash
104 488
101 381
75 131
101 306

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143240
₽128453
₽130322
₽137766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
52 792
social contributions
-
-
-
16 273
health
-
-
-
5 827
total
-
-
-
74 892
Employee
77 337
77 337
215 850
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
51 784
-
health
599
1 315
3 670
-
total
11 944
14 893
64 111
-
Employer
77 337
77 337
215 850
-
health
651
1 431
3 993
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
12 650
-
Corporate
189 695
143 313
-
-
income
23 712
17 914
-
-
total
23 712
17 914
-
-
Dividends
165 983
125 399
-
-
withholding
28 217
21 317
-
-
total
28 217
21 317
-
-
Income
228 500
228 500
228 500
228 500
Total tax
67 448
61 974
76 761
74 892
After tax
161 052
166 526
151 739
153 608
Living cost
23 286
23 286
23 286
23 286
Free-cash
137 766
143 240
128 453
130 322

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽173253
₽158620
₽178793
₽168136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
228 500
income
-
-
-
23 672
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
33 739
Employee

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

23 085
-
218 671
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
21 180
-
health
1 962
-
8 112
-
total
7 117
-
44 083
-
Employer

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

23 085
-
218 671
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
203 038
228 500
-
-
income
18 273
20 565
-
-
total
18 273
20 565
-
-
Dividends
184 766
207 935
-
-
withholding
16 630
18 714
-
-
total
16 630
18 714
-
-
Income
228 500
228 500
228 500
228 500
Total tax
44 396
39 279
53 912
33 739
After tax
184 104
189 221
174 588
194 761
Living cost
15 968
15 968
15 968
15 968
Free-cash
168 136
173 253
158 620
178 793

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124033
₽95782
₽100000
₽119591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
accident
-
-
-
840
income
-
-
-
72 875
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
100 843
Employee
37 188
-
198 781
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
69 422
-
total
9 530
-
75 343
-
Employer
37 188
-
198 781
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
179 455
228 500
-
-
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.

26 919
34 275
-
-
total
26 919
34 275
-
-
Dividends
152 537
194 225
-
-
withholding
32 946
42 535
-
-
total
32 946
42 535
-
-
Income
228 500
228 500
228 500
228 500
Total tax
81 252
76 810
105 061
100 843
After tax
147 248
151 690
123 439
127 657
Living cost
27 657
27 657
27 657
27 657
Free-cash
119 591
124 033
95 782
100 000

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140625
₽145276
₽145415
₽140304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
78 661
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
81 126
Employee
2 983
-
226 893
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
78 586
-
health
149
-
357
-
total
1 024
-
79 657
-
Employer
2 983
-
226 893
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
224 846
228 500
-
-
income
49 466
50 270
-
-
total
49 466
50 270
-
-
Dividends
175 380
178 230
-
-
withholding
35 076
35 646
-
-
total
35 076
35 646
-
-
Income
228 500
228 500
228 500
228 500
Total tax
86 237
85 916
81 265
81 126
After tax
142 263
142 584
147 235
147 374
Living cost
1 959
1 959
1 959
1 959
Free-cash
140 304
140 625
145 276
145 415

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147698
₽130088
₽130087
₽142749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 500
income
-
-
-
52 924
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
81 020
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.

26 227
-
215 196
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
52 924
-
health
1 351
-
3 828
-
total
8 835
-
67 715
-
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.

26 227
-
215 196
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
197 578
228 500
-
-
income
29 637
34 275
-
-
total
29 637
34 275
-
-
Dividends
167 941
194 225
-
-
withholding
25 191
29 134
-
-
total
25 191
29 134
-
-
Income
228 500
228 500
228 500
228 500
Total tax
68 358
63 409
81 019
81 020
After tax
160 142
165 091
147 481
147 480
Living cost
17 393
17 393
17 393
17 393
Free-cash
142 749
147 698
130 088
130 087

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽102857
₽74034
₽91966
₽102494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 500
income
-
-
-
30 017
surtax
-
-
-
-
social contributions

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

-
-
-
79 403
total
-
-
-
109 420
Employee
39 035
-
184 646
-
surtax
-
-
292
-
social contributions
4 294
-
20 311
-
income
7 627
-
62 895
-
total
11 921
-
83 498
-
Employer
39 035
-
184 646
-
social contributions
9 270
-
43 854
-
total
9 270
-
43 854
-
Corporate
180 195
228 500
-
-
income
37 842
47 986
-
-
surtax
-
-
-
-
total
37 842
47 986
-
-
Dividends
142 353
180 514
-
-
withholding
39 859
50 543
-
-
total
39 859
50 543
-
-
Income
228 500
228 500
228 500
228 500
Total tax
98 892
98 529
127 352
109 420
After tax
129 608
129 971
101 148
119 080
Living cost
27 114
27 114
27 114
27 114
Free-cash
102 494
102 857
74 034
91 966

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
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.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116344
₽88093
₽92311
₽109762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
accident
-
-
-
840
income
-
-
-
72 875
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
100 843
Employee
48 573
-
198 781
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
69 422
-
total
13 228
-
75 343
-
Employer
48 573
-
198 781
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
164 441
228 500
-
-
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.

24 667
34 275
-
-
total
24 667
34 275
-
-
Dividends
139 774
194 225
-
-
withholding
30 011
42 535
-
-
total
30 011
42 535
-
-
Income
228 500
228 500
228 500
228 500
Total tax
83 392
76 810
105 061
100 843
After tax
145 108
151 690
123 439
127 657
Living cost
35 346
35 346
35 346
35 346
Free-cash
109 762
116 344
88 093
92 311

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178043
₽177019
₽167507
₽171905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
34 275
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
43 668
Employee
22 941
-
221 598
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
22 160
-
health
1 055
-
1 618
-
total
5 615
-
27 254
-
Employer
22 941
-
221 598
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
201 058
228 500
-
-
income
20 106
22 850
-
-
total
20 106
22 850
-
-
Dividends
180 952
205 650
-
-
withholding
9 048
10 282
-
-
total
9 048
10 282
-
-
Income
228 500
228 500
228 500
228 500
Total tax
39 270
33 132
34 156
43 668
After tax
189 230
195 368
194 344
184 832
Living cost
17 325
17 325
17 325
17 325
Free-cash
171 905
178 043
177 019
167 507

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78681
₽102278
₽76199
₽91840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 500
income

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

-
-
-
76 325
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.

-
-
-
4 197
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.

-
-
-
6 871
trade
-
-
-
26 079
total
-
-
-
113 472
Employee

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

50 042
-
228 500
-
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.

227
-
4 197
-
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.

4 115
-
76 325
-
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.

6 871
-
6 871
-
total
11 213
-
87 393
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 458
228 500
-
-
income
26 768
34 275
-
-
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.

1 472
1 886
-
-
chamber of commerce
414
489
-
-
trade
25 610
32 790
-
-
total
54 264
69 440
-
-
Dividends
124 195
159 061
-
-
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.

1 687
2 166
-
-
withholding
30 667
39 384
-
-
total
32 354
41 550
-
-
Income
228 500
228 500
228 500
228 500
Total tax
97 831
110 990
87 393
113 472
After tax
130 669
117 510
141 107
115 028
Living cost
38 829
38 829
38 829
38 829
Free-cash
91 840
78 681
102 278
76 199

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102659
₽57119
₽57119
₽104878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
74 777
social contributions
-
-
-
39 312
total
-
-
-
114 089
Employee
78 672
-
228 500
-
income
14 845
-
74 777
-
social contributions
6 536
-
39 312
-
total
21 381
-
114 089
-
Employer
78 672
-
228 500
-
total
-
-
-
-
Corporate
149 828
228 500
-
-
income
18 729
28 562
-
-
total
18 729
28 562
-
-
Dividends
131 099
199 938
-
-
withholding
26 220
39 987
-
-
total
26 220
39 987
-
-
Income
228 500
228 500
228 500
228 500
Total tax
66 330
68 549
114 089
114 089
After tax
162 170
159 951
114 411
114 411
Living cost
57 292
57 292
57 292
57 292
Free-cash
104 878
102 659
57 119
57 119

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
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.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106701
₽122826
₽151639
₽110216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 500
income
-
-
-
34 275
health

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

-
-
-
6 077
total
-
-
-
40 352
Employee
46 138
-
223 874
-
income
5 006
-
59 913
-
social contributions
4 623
-
4 626
-
total
9 629
-
64 539
-
Employer
46 138
-
223 874
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
177 740
228 500
-
-
income
62 209
79 976
-
-
total
62 209
79 976
-
-
Dividends
115 531
148 524
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
228 500
228 500
228 500
228 500
Total tax
81 775
85 290
69 165
40 352
After tax
146 725
143 210
159 335
188 148
Living cost
36 509
36 509
36 509
36 509
Free-cash
110 216
106 701
122 826
151 639

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106790
₽90062
₽110453
₽112707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
70 871
pensions
-
-
-
10 043
total
-
-
-
80 914
Employee
50 971
-
199 123
-
pensions
3 890
-
11 969
-
income
9 282
-
57 276
-
health
665
-
2 684
-
total
13 837
-
71 929
-
Employer
50 971
-
199 123
-
health
969
-
3 782
-
pensions
5 150
-
25 594
-
total
6 119
-
29 376
-
Corporate
171 411
228 500
-
-
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.

32 569
43 414
-
-
total
32 569
43 414
-
-
Dividends
138 842
185 086
-
-
withholding
26 135
41 163
-
-
total
26 135
41 163
-
-
Income
228 500
228 500
228 500
228 500
Total tax
78 660
84 577
101 305
80 914
After tax
149 840
143 923
127 195
147 586
Living cost
37 133
37 133
37 133
37 133
Free-cash
112 707
106 790
90 062
110 453

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5746
₽101588
₽131772
₽14788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
accident
-
-
-
257
income
-
-
-
65 382
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
72 473
Employee
38 154
-
208 685
-
pensions
4 296
-
7 768
-
income
5 234
-
51 179
-
health
4 368
-
23 894
-
total
13 898
-
82 841
-
Employer
38 154
-
208 685
-
pensions
6 204
-
11 218
-
accident
637
-
3 485
-
unemployment
935
-
5 113
-
total
7 776
-
19 816
-
Corporate
182 571
228 500
-
-
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.

164 314
205 650
-
-
total
164 314
205 650
-
-
Dividends
18 257
22 850
-
-
withholding
3 469
4 341
-
-
total
3 469
4 341
-
-
Income
228 500
228 500
228 500
228 500
Total tax
189 457
209 991
102 657
72 473
After tax
39 043
18 509
125 843
156 027
Living cost
24 255
24 255
24 255
24 255
Free-cash
14 788
-5 746
101 588
131 772

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161213
₽154340
₽132219
₽158170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 500
income
-
-
-
38 450
unemployment
-
-
-
1 931
work injury
-
-
-
804
health insurance
-
-
-
11 905
pensions
-
-
-
29 602
total
-
-
-
82 692
Employee

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

21 742
-
228 500
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
38 450
-
total
8 153
-
60 571
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
206 758
228 500
-
-
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%.

20 676
22 850
-
-
total
20 676
22 850
-
-
Dividends
186 083
205 650
-
-
withholding
27 912
30 848
-
-
total
27 912
30 848
-
-
Income
228 500
228 500
228 500
228 500
Total tax
56 741
53 698
60 571
82 692
After tax
171 759
174 802
167 929
145 808
Living cost
13 589
13 589
13 589
13 589
Free-cash
158 170
161 213
154 340
132 219

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80289
₽59060
₽67323
₽75716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
social contributions
-
-
-
50 337
regional
-
-
-
5 597
municipal
-
-
-
1 603
national
-
-
-
63 573
total
-
-
-
121 110
Employee
84 751
-
228 500
-
municipal
506
-
1 462
-
national
14 322
-
56 842
-
regional
1 280
-
5 076
-
social contributions
28 577
-
65 993
-
total
44 685
-
129 373
-
Employer
84 751
-
228 500
-
total
-
-
-
-
Corporate
143 749
228 500
-
-
municipal
6 928
11 015
-
-
nationa
34 500
54 840
-
-
total
41 428
65 855
-
-
Dividends
102 321
162 646
-
-
withholding
26 604
42 289
-
-
total
26 604
42 289
-
-
Income
228 500
228 500
228 500
228 500
Total tax
112 717
108 144
129 373
121 110
After tax
115 783
120 356
99 127
107 390
Living cost
40 067
40 067
40 067
40 067
Free-cash
75 716
80 289
59 060
67 323

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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