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
₽111514
₽86285
₽82503
₽96826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 510
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.

-
-
-
77 358
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.

-
-
-
4 255
trade
-
-
-
29 011
total
-
-
-
117 134
Employee

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

36 447
-
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.

56
-
4 255
-
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.

1 018
-
77 358
-
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.

6 510
-
6 510
-
total
7 584
-
88 123
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 053
228 500
-
-
chamber of commerce
421
474
-
-
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.

1 584
1 884
-
-
trade
30 248
35 988
-
-
income
28 807
34 275
-
-
total
61 060
72 621
-
-
Dividends
130 992
155 878
-
-
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.

1 781
2 123
-
-
withholding
32 386
38 608
-
-
total
34 167
40 731
-
-
Income
228 500
228 500
228 500
228 500
Total tax
102 811
113 352
88 123
117 134
After tax
125 689
115 148
140 377
111 366
Living cost
28 863
28 863
28 863
28 863
Free-cash
96 826
86 285
111 514
82 503

Estimated living cost  is ₽28863 per week

₽18156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80732
₽92315
₽79507
₽91479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
27 420
national
-
-
-
43 435
municipal
-
-
-
25 413
total
-
-
-
98 724
Employee
77 927
-
197 536
-
municipal
9 625
-
26 298
-
national
14 915
-
45 373
-
pensions
3 117
-
7 901
-
total
27 657
-
79 572
-
Employer
77 927
-
197 536
-
pensions
6 234
-
15 803
-
social contributions
838
-
2 124
-
total
7 072
-
17 927
-
Corporate
138 358
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%.

27 672
45 700
-
-
total
27 672
45 700
-
-
Dividends
110 687
182 800
-
-
withholding
24 351
40 216
-
-
total
24 351
40 216
-
-
Income
228 500
228 500
228 500
228 500
Total tax
86 752
85 916
97 499
98 724
After tax
141 748
142 584
131 001
129 776
Living cost
50 269
50 269
50 269
50 269
Free-cash
91 479
92 315
80 732
79 507

Estimated living cost  is ₽50269 per week

₽34167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80265
₽162974
₽64236
₽155159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 511
income
-
-
-
49 661
surtax
-
-
-
58 267
microenterprise
-
-
-
-
total
-
-
-
144 439
Employee
27 845
-
181 208
-
surtax
-
-
26 275
-
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.

3 063
-
12 492
-
income
4 957
-
42 351
-
total
8 020
-
81 118
-
Employer
27 845
-
181 208
-
surtax
-
-
19 933
-
social contributions

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

6 707
-
27 359
-
total
6 707
-
47 292
-
Corporate
193 948
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%.

38 789
45 701
-
-
total
38 789
45 701
-
-
Dividends

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

155 159
182 799
-
-
total
-
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
53 516
45 701
128 410
144 439
After tax
174 984
182 799
100 090
84 061
Living cost
19 825
19 825
19 825
19 825
Free-cash
155 159
162 974
80 265
64 236

Estimated living cost  is ₽19825 per week

₽12648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106193
₽74113
₽82011
₽68275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 751
income
-
-
-
83 654
pensions
-
-
-
11 165
total
-
-
-
106 570
Employee
81 376
81 376
210 791
-
income

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

13 320
13 320
41 763
-
pensions
14 648
11 165
11 165
-
health
12 490
10 624
11 751
-
total
40 458
35 109
64 679
-
Employer
81 376
81 376
210 791
-
unemployment
2 930
2 930
3 640
-
health
5 657
5 657
7 029
-
pensions
5 664
5 664
7 040
-
total
14 251
14 251
17 709
-
Corporate
133 873
132 874
-
-
income
26 774
26 576
-
-
total
26 774
26 576
-
-
Dividends
107 098
106 299
-
-
income
22 758
22 588
-
-
withholding
16 065
15 944
-
-
total
38 823
38 532
-
-
Income
228 500
228 500
228 500
228 500
Total tax
120 306
114 468
82 388
106 570
After tax
108 194
114 032
146 112
121 930
Living cost
39 919
39 919
39 919
39 919
Free-cash
68 275
74 113
106 193
82 011

Estimated living cost  is ₽39919 per week

₽28290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7396
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73702
₽85481
₽74655
₽84599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 003
health
-
-
-
5 372
accident
-
-
-
172
pensions
-
-
-
9 306
national
-
-
-
28 924
unemployment
-
-
-
86
municipal
-
-
-
60 702
total
-
-
-
114 565
Employee
55 970
-
201 451
-
municipal
16 690
-
60 073
-
national
-
-
28 397
-
total
16 690
-
88 470
-
Employer
55 970
-
201 451
-
other
6 504
-
10 003
-
unemployment
1 478
-
2 273
-
health
3 442
-
5 294
-
accident
112
-
172
-
pensions
6 050
-
9 306
-
total
17 586
-
27 048
-
Corporate
154 944
228 500
-
-
income
34 088
50 270
-
-
total
34 088
50 270
-
-
Dividends
120 856
178 230
-
-
withholding
36 257
53 469
-
-
total
36 257
53 469
-
-
Income
228 500
228 500
228 500
228 500
Total tax
104 621
103 739
115 518
114 565
After tax
123 879
124 761
112 982
113 935
Living cost
39 280
39 280
39 280
39 280
Free-cash
84 599
85 481
73 702
74 655

Estimated living cost  is ₽39280 per week

₽26033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102942
₽76538
₽72641
₽89926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 510
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.

-
-
-
77 358
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.

-
-
-
4 255
trade
-
-
-
30 301
total
-
-
-
118 424
Employee

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

48 325
-
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.

228
-
4 255
-
income

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

4 152
-
77 358
-
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.

6 510
-
6 510
-
total
10 890
-
88 123
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 175
228 500
-
-
chamber of commerce
401
470
-
-
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.

1 486
1 884
-
-
trade
29 639
37 588
-
-
income
27 026
34 275
-
-
total
58 552
74 217
-
-
Dividends
121 623
154 282
-
-
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.

1 653
2 101
-
-
withholding
30 044
38 209
-
-
total
31 697
40 310
-
-
Income
228 500
228 500
228 500
228 500
Total tax
101 139
114 527
88 123
118 424
After tax
127 361
113 973
140 377
110 076
Living cost
37 435
37 435
37 435
37 435
Free-cash
89 926
76 538
102 942
72 641

Estimated living cost  is ₽37435 per week

₽25037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3948
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.
₽7892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120390
₽135589
₽122234
₽131634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 418
health
-
-
-
5 827
income
-
-
-
54 113
total
-
-
-
75 358
Employee
73 275
73 275
216 295
-
social contributions
3 561
6 081
8 203
-
income
7 695
6 783
53 118
-
health
729
1 246
3 676
-
total
11 985
14 110
64 997
-
Employer
73 275
73 275
216 295
-
health
794
1 356
4 002
-
social contributions
3 561
6 081
8 203
-
total
4 355
7 437
12 205
-
Corporate
181 254
147 787
-
-
income
22 657
18 474
-
-
total
22 657
18 474
-
-
Dividends
158 597
129 313
-
-
withholding
26 961
21 982
-
-
total
26 961
21 982
-
-
Income
228 500
228 500
228 500
228 500
Total tax
65 958
62 003
77 202
75 358
After tax
162 542
166 497
151 298
153 142
Living cost
30 908
30 908
30 908
30 908
Free-cash
131 634
135 589
120 390
122 234

Estimated living cost  is ₽30908 per week

₽21129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114955
₽110729
₽140785
₽111093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 995
income
-
-
-
27 934
pensions
-
-
-
22 850
unemployment
-
-
-
3 428
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.

25 274
10 059
191 213
-
income
3 090
1 230
23 376
-
pensions
2 527
1 006
19 121
-
health
1 769
704
13 385
-
unemployment
379
151
2 868
-
total
7 765
3 091
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.

25 274
10 059
191 213
-
pensions
4 928
1 961
37 287
-
total
4 928
1 961
37 287
-
Corporate
198 298
216 480
-
-
income
17 847
19 483
-
-
total
17 847
19 483
-
-
Dividends
180 451
196 997
-
-
social contributions
35 073
38 299
-
-
withholding
34 286
37 429
-
-
total
69 359
75 728
-
-
Income
228 500
228 500
228 500
228 500
Total tax
99 899
100 263
96 037
70 207
After tax
128 601
128 237
132 463
158 293
Living cost
17 508
17 508
17 508
17 508
Free-cash
111 093
110 729
114 955
140 785

Estimated living cost  is ₽17508 per week

₽11948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1433
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.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108690
₽159782
₽99459
₽153864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
29 706
income
-
-
-
30 619
pensions
-
-
-
45 699
total
-
-
-
106 024
Employee
27 033
-
170 776
-
income
3 043
-
32 925
-
pensions
541
-
3 416
-
unemployment
432
-
2 732
-
total
4 016
-
39 073
-
Employer
27 033
-
170 776
-
unemployment
217
-
1 365
-
health
3 514
-
22 201
-
pensions
5 407
-
34 154
-
total
9 138
-
57 720
-
Corporate
192 329
228 500
-
-
income
38 465
45 701
-
-
total
38 465
45 701
-
-
Dividends
153 864
182 799
-
-
total
-
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
51 619
45 701
96 793
106 024
After tax
176 881
182 799
131 707
122 476
Living cost
23 017
23 017
23 017
23 017
Free-cash
153 864
159 782
108 690
99 459

Estimated living cost  is ₽23017 per week

₽15787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5396
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105177
-₽2539
₽134940
₽15280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
355
health
-
-
-
2 086
accident
-
-
-
242
income
-
-
-
65 849
pensions
-
-
-
3 981
total
-
-
-
72 513
Employee
33 108
-
209 336
-
income
4 542
-
51 843
-
pensions
3 728
-
7 299
-
health
3 791
-
23 969
-
total
12 061
-
83 111
-
Employer
33 108
-
209 336
-
unemployment
811
-
5 129
-
accident
553
-
3 496
-
pensions
5 384
-
10 540
-
total
6 748
-
19 165
-
Corporate
188 644
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.

169 780
205 650
-
-
total
169 780
205 650
-
-
Dividends
18 864
22 850
-
-
withholding
3 584
4 342
-
-
total
3 584
4 342
-
-
Income
228 500
228 500
228 500
228 500
Total tax
192 173
209 992
102 276
72 513
After tax
36 327
18 508
126 224
155 987
Living cost
21 047
21 047
21 047
21 047
Free-cash
15 280
-2 539
105 177
134 940

Estimated living cost  is ₽21047 per week

₽15426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174834
₽209109
₽218249
₽207616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 957
-
228 500
-
income
1 991
-
45 700
-
total
1 991
-
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%.

218 543
228 500
-
-
total
-
-
-
-
Dividends
218 543
228 500
-
-
withholding
10 927
11 425
-
-
total
10 927
11 425
-
-
Income
228 500
228 500
228 500
228 500
Total tax
12 918
11 425
45 700
2 285
After tax
215 582
217 075
182 800
226 215
Living cost
7 966
7 966
7 966
7 966
Free-cash
207 616
209 109
174 834
218 249

Estimated living cost  is ₽7966 per week

₽4937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112133
₽142486
₽113987
₽136049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 883
health
-
-
-
6 376
income
-
-
-
41 084
pensions

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

-
-
-
34 778
total
-
-
-
89 121
Employee
34 600
-
191 610
-
income
5 957
-
40 466
-
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.

2 421
-
10 143
-
health
485
-
2 029
-
unemployment
345
-
1 448
-
total
9 208
-
54 086
-
Employer
34 600
-
191 610
-
other
1 731
-
7 244
-
unemployment
345
-
1 448
-
health
485
-
2 029
-
accident
277
-
1 533
-
pensions

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

5 883
-
24 635
-
total
8 721
-
36 889
-
Corporate
185 180
228 500
-
-
income
38 889
47 985
-
-
total
38 889
47 985
-
-
Dividends
146 292
180 515
-
-
withholding
10 241
12 637
-
-
total
10 241
12 637
-
-
Income
228 500
228 500
228 500
228 500
Total tax
67 059
60 622
90 975
89 121
After tax
161 441
167 878
137 525
139 379
Living cost
25 392
25 392
25 392
25 392
Free-cash
136 049
142 486
112 133
113 987

Estimated living cost  is ₽25392 per week

₽17941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63326
₽79683
₽83665
₽87292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 893
pensions
-
-
-
9 743
total
-
-
-
81 636
Employee
89 418
-
199 033
-
income
16 119
-
58 335
-
health
1 473
-
2 646
-
pensions
8 626
-
11 530
-
total
26 218
-
72 511
-
Employer
89 418
-
199 033
-
health
1 698
-
3 781
-
pensions
10 558
-
25 683
-
total
12 256
-
29 464
-
Corporate
126 826
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.

24 098
43 415
-
-
total
24 098
43 415
-
-
Dividends
102 729
185 085
-
-
withholding
15 437
42 203
-
-
total
15 437
42 203
-
-
Income
228 500
228 500
228 500
228 500
Total tax
78 009
85 618
101 975
81 636
After tax
150 491
142 882
126 525
146 864
Living cost
63 199
63 199
63 199
63 199
Free-cash
87 292
79 683
63 326
83 665

Estimated living cost  is ₽63199 per week

₽47357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽182622
₽182961
₽172994
₽178567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 801
income
-
-
-
34 275
pensions

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

-
-
-
4 892
unemployment
-
-
-
132
total
-
-
-
43 100
Employee
16 427
-
222 016
-
income
1 642
-
22 201
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 442
-
2 902
-
health
756
-
1 520
-
total
4 021
-
26 987
-
Employer
16 427
-
222 016
-
unemployment
98
-
198
-
health
1 134
-
2 281
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 810
-
3 642
-
total
3 223
-
6 485
-
Corporate
208 849
228 500
-
-
income
20 885
22 850
-
-
total
20 885
22 850
-
-
Dividends
187 965
205 650
-
-
withholding
9 398
10 283
-
-
total
9 398
10 283
-
-
Income
228 500
228 500
228 500
228 500
Total tax
37 527
33 133
33 472
43 100
After tax
190 973
195 367
195 028
185 400
Living cost
12 406
12 406
12 406
12 406
Free-cash
178 567
182 961
182 622
172 994

Estimated living cost  is ₽12406 per week

₽7243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93271
₽61191
₽69089
₽63589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 751
income
-
-
-
83 654
pensions
-
-
-
11 165
total
-
-
-
106 570
Employee
88 348
81 376
210 791
-
income

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

13 320
13 320
41 763
-
pensions
11 165
11 165
11 165
-
health
11 022
10 624
11 751
-
total
35 507
35 109
64 679
-
Employer
88 348
81 376
210 791
-
unemployment
3 181
2 930
3 640
-
health
6 139
5 657
7 029
-
pensions
6 148
5 664
7 040
-
total
15 468
14 251
17 709
-
Corporate
124 683
132 874
-
-
income
24 937
26 576
-
-
total
24 937
26 576
-
-
Dividends
99 746
106 299
-
-
income
21 196
22 588
-
-
withholding
14 962
15 944
-
-
total
36 158
38 532
-
-
Income
228 500
228 500
228 500
228 500
Total tax
112 070
114 468
82 388
106 570
After tax
116 430
114 032
146 112
121 930
Living cost
52 841
52 841
52 841
52 841
Free-cash
63 589
61 191
93 271
69 089

Estimated living cost  is ₽52841 per week

₽38979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102340
₽133875
₽112492
₽125511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 740
health
-
-
-
30 848
income
-
-
-
24 587
solidarity contribution
-
-
-
3 386
total
-
-
-
92 561
Employee
34 481
-
183 131
-
social contributions
2 241
-
7 511
-
solidarity contribution
-
-
2 475
-
income
4 138
-
22 635
-
health
4 655
-
24 723
-
total
11 034
-
57 344
-
Employer
34 481
-
183 131
-
health
3 103
-
16 482
-
social contributions
8 620
-
28 887
-
total
11 723
-
45 369
-
Corporate
182 295
228 500
-
-
income
34 636
43 415
-
-
total
34 636
43 415
-
-
Dividends
147 659
185 085
-
-
withholding
22 149
27 763
-
-
total
22 149
27 763
-
-
Income
228 500
228 500
228 500
228 500
Total tax
79 542
71 178
102 713
92 561
After tax
148 958
157 322
125 787
135 939
Living cost
23 447
23 447
23 447
23 447
Free-cash
125 511
133 875
102 340
112 492

Estimated living cost  is ₽23447 per week

₽16287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62720
₽81704
₽70798
₽76730
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 693
national
-
-
-
65 395
regional
-
-
-
2 957
municipal
-
-
-
1 447
total
-
-
-
117 492
Employee
84 690
-
228 500
-
social contributions
28 557
-
62 527
-
municipal
448
-
1 327
-
national
14 675
-
59 017
-
regional
799
-
2 699
-
total
44 479
-
125 570
-
Employer
84 690
-
228 500
-
total
-
-
-
-
Corporate
143 810
228 500
-
-
nationa
34 514
54 840
-
-
municipal
5 608
8 912
-
-
total
40 122
63 752
-
-
Dividends
103 688
164 748
-
-
withholding
26 959
42 834
-
-
total
26 959
42 834
-
-
Income
228 500
228 500
228 500
228 500
Total tax
111 560
106 586
125 570
117 492
After tax
116 940
121 914
102 930
111 008
Living cost
40 210
40 210
40 210
40 210
Free-cash
76 730
81 704
62 720
70 798

Estimated living cost  is ₽40210 per week

₽28029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80473
₽122698
₽86300
₽119732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 029
income
-
-
-
73 837
pensions
-
-
-
25 436
surtax
-
-
-
12 653
unemployment
-
-
-
217
total
-
-
-
121 172
Employee
31 513
-
201 729
-
surtax
103
-
11 514
-
income
5 282
-
68 137
-
other
-
-
-
-
pensions
2 101
-
8 483
-
health
805
-
3 242
-
unemployment
2 194
-
8 852
-
total
10 485
-
100 228
-
Employer
31 513
-
201 729
-
other
-
-
-
-
unemployment
998
-
4 031
-
health
1 434
-
5 787
-
pensions
4 201
-
16 953
-
total
6 633
-
26 771
-
Corporate
190 354
228 500
-
-
income
49 493
59 410
-
-
total
49 493
59 410
-
-
Dividends
140 862
169 090
-
-
withholding
21 129
25 364
-
-
total
21 129
25 364
-
-
Income
228 500
228 500
228 500
228 500
Total tax
87 740
84 774
126 999
121 172
After tax
140 760
143 726
101 501
107 328
Living cost
21 028
21 028
21 028
21 028
Free-cash
119 732
122 698
80 473
86 300

Estimated living cost  is ₽21028 per week

₽12857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1940
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.
₽5745
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83349
₽99706
₽103688
₽105951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 893
pensions
-
-
-
9 743
total
-
-
-
81 636
Employee
59 925
-
199 033
-
income
10 793
-
58 335
-
health
870
-
2 646
-
pensions
5 086
-
11 530
-
total
16 749
-
72 511
-
Employer
59 925
-
199 033
-
health
1 138
-
3 781
-
pensions
6 487
-
25 683
-
total
7 625
-
29 464
-
Corporate
160 949
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.

30 580
43 415
-
-
total
30 580
43 415
-
-
Dividends
130 369
185 085
-
-
withholding
24 419
42 203
-
-
total
24 419
42 203
-
-
Income
228 500
228 500
228 500
228 500
Total tax
79 373
85 618
101 975
81 636
After tax
149 127
142 882
126 525
146 864
Living cost
43 176
43 176
43 176
43 176
Free-cash
105 951
99 706
83 349
103 688

Estimated living cost  is ₽43176 per week

₽32347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽96407
₽28021
₽104571
₽60739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 570
health
-
-
-
515
pensions
-
-
-
21 022
city
-
-
-
2 408
national
-
-
-
6 041
regional
-
-
-
12 905
total
-
-
-
47 461
Employee
89 487
-
205 763
-
national
424
-
5 033
-
city
960
-
2 227
-
pensions
7 518
-
15 896
-
health
202
-
463
-
regional
2 930
-
11 532
-
unemployment
-
-
-
-
total
12 034
-
35 151
-
Employer
89 487
-
205 763
-
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.

1 789
-
4 115
-
unemployment
-
-
-
-
health
202
-
463
-
pensions
7 518
-
15 896
-
total
9 509
-
20 474
-
Corporate
128 520
228 500
-
-
regional
27 181
48 327
-
-
national
10 924
19 422
-
-
total
38 105
67 749
-
-
Dividends
90 415
160 751
-
-
withholding
31 645
56 262
-
-
total
31 645
56 262
-
-
Income
228 500
228 500
228 500
228 500
Total tax
91 293
124 011
55 625
47 461
After tax
137 207
104 489
172 875
181 039
Living cost
76 468
76 468
76 468
76 468
Free-cash
60 739
28 021
96 407
104 571

Estimated living cost  is ₽76468 per week

₽49726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽96723
₽69144
₽65133
₽84597
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 510
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.

-
-
-
77 358
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.

-
-
-
4 255
trade
-
-
-
31 590
total
-
-
-
119 713
Employee

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

57 269
-
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.

371
-
4 255
-
income

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

6 734
-
77 358
-
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.

6 510
-
6 510
-
total
13 615
-
88 123
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 231
228 500
-
-
chamber of commerce
385
467
-
-
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.

1 412
1 884
-
-
trade
29 366
39 187
-
-
income
25 684
34 275
-
-
total
56 847
75 813
-
-
Dividends
114 384
152 687
-
-
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.

1 553
2 080
-
-
withholding
28 234
37 809
-
-
total
29 787
39 889
-
-
Income
228 500
228 500
228 500
228 500
Total tax
100 249
115 702
88 123
119 713
After tax
128 251
112 798
140 377
108 787
Living cost
43 654
43 654
43 654
43 654
Free-cash
84 597
69 144
96 723
65 133

Estimated living cost  is ₽43654 per week

₽31883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83622
₽82563
₽91211
₽88190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 083
social contributions
-
-
-
6 512
health
-
-
-
11 555
income
-
-
-
44 571
pensions
-
-
-
34 965
surtax
-
-
-
-
total
-
-
-
104 686
Employee
40 784
-
173 676
-
surtax
-
-
-
-
social contributions
1 163
-
4 949
-
income
2 407
-
39 110
-
pensions
4 611
-
13 393
-
total
8 181
-
57 452
-
Employer
40 784
-
173 676
-
other
1 407
-
7 335
-
unemployment
1 651
-
7 034
-
health
2 855
-
17 625
-
pensions
6 700
-
22 308
-
social contributions
123
-
521
-
total
12 736
-
54 823
-
Corporate
174 980
228 500
-
-
surtax
-
-
-
-
income
48 994
63 979
-
-
total
48 994
63 979
-
-
Dividends
125 987
164 521
-
-
social contributions
21 669
28 297
-
-
surtax
-
-
-
-
withholding
16 127
21 058
-
-
total
37 796
49 355
-
-
Income
228 500
228 500
228 500
228 500
Total tax
107 707
113 334
112 275
104 686
After tax
120 793
115 166
116 225
123 814
Living cost
32 603
32 603
32 603
32 603
Free-cash
88 190
82 563
83 622
91 211

Estimated living cost  is ₽32603 per week

₽20557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86853
₽85794
₽94442
₽91085
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 083
social contributions
-
-
-
6 512
health
-
-
-
11 555
income
-
-
-
44 571
pensions
-
-
-
34 965
surtax
-
-
-
-
total
-
-
-
104 686
Employee
36 405
-
173 676
-
surtax
-
-
-
-
social contributions
1 038
-
4 949
-
income
1 877
-
39 110
-
pensions
4 118
-
13 393
-
total
7 033
-
57 452
-
Employer
36 405
-
173 676
-
other
1 257
-
7 335
-
unemployment
1 474
-
7 034
-
health
2 548
-
17 625
-
pensions
5 982
-
22 308
-
social contributions
109
-
521
-
total
11 370
-
54 823
-
Corporate
180 726
228 500
-
-
surtax
-
-
-
-
income
50 603
63 979
-
-
total
50 603
63 979
-
-
Dividends
130 123
164 521
-
-
social contributions
22 382
28 297
-
-
surtax
-
-
-
-
withholding
16 655
21 058
-
-
total
39 037
49 355
-
-
Income
228 500
228 500
228 500
228 500
Total tax
108 043
113 334
112 275
104 686
After tax
120 457
115 166
116 225
123 814
Living cost
29 372
29 372
29 372
29 372
Free-cash
91 085
85 794
86 853
94 442

Estimated living cost  is ₽29372 per week

₽17035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120043
₽119199
₽126537
₽119695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 532
health
-
-
-
15 950
income
-
-
-
34 275
total
-
-
-
81 757
Employee
32 310
-
228 500
-
social contributions
4 459
-
31 532
-
income
5 389
-
40 769
-
health
2 255
-
15 950
-
total
12 103
-
88 251
-
Employer
32 310
-
228 500
-
total
-
-
-
-
Corporate
196 190
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%.

9 810
11 425
-
-
total
9 810
11 425
-
-
Dividends
186 380
217 075
-
-
social contributions
25 720
29 957
-
-
withholding
27 957
32 561
-
-
health
13 009
15 152
-
-
total
66 686
77 670
-
-
Income
228 500
228 500
228 500
228 500
Total tax
88 599
89 095
88 251
81 757
After tax
139 901
139 405
140 249
146 743
Living cost
20 206
20 206
20 206
20 206
Free-cash
119 695
119 199
120 043
126 537

Estimated living cost  is ₽20206 per week

₽13523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
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.
₽4971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26028
₽92272
₽83252
₽90799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 516
income
-
-
-
75 614
chamber of commerce
-
-
-
913
pensions
-
-
-
20 595
surtax
-
-
-
188
unemployment
-
-
-
5 845
total
-
-
-
111 671
Employee
47 623
37 975
190 496
-
income
5 421
2 801
64 010
-
other
476
380
1 114
-
pensions
4 877
3 888
11 400
-
health
1 843
1 470
4 307
-
unemployment
1 429
1 139
3 340
-
total
14 046
9 678
84 171
-
Employer
47 623
37 975
190 496
-
other
2 262
1 803
8 374
-
unemployment
1 429
1 139
3 340
-
health
1 799
1 436
4 208
-
surtax
188
188
188
-
accident
618
494
1 447
-
pensions
5 977
4 767
13 971
-
payroll
1 429
1 139
5 714
-
chamber of commerce
190
152
761
-
total
13 892
11 118
38 003
-
Corporate
166 985
179 407
186 879
-
income

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

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

41 746
44 853
46 721
-
total
41 746
44 853
46 721
-
Dividends
125 240
134 554
-
-
withholding
34 440
37 002
-
-
total
34 440
37 002
-
-
Income
228 500
228 500
228 500
228 500
Total tax
104 124
102 651
168 895
111 671
After tax
124 376
125 849
59 605
116 829
Living cost
33 577
33 577
33 577
33 577
Free-cash
90 799
92 272
26 028
83 252

Estimated living cost  is ₽33577 per week

₽22395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42319
₽89860
₽64711
₽78629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 758
communal

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

-
-
-
12 284
national
-
-
-
93 002
total
-
-
-
129 044
Employee

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

68 163
-
176 980
-
national
20 956
-
67 556
-
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.

5 112
-
13 273
-
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.

3 203
-
8 317
-
communal

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

3 555
-
9 232
-
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.

593
-
1 539
-
total
33 419
-
99 917
-
Employer

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

68 163
-
176 980
-
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.

995
-
2 584
-
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.

4 192
-
10 884
-
surtax
7 729
-
20 069
-
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.

886
-
2 302
-
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.

6 040
-
15 680
-
total
19 842
-
51 519
-
Corporate
140 496
228 500
-
-
surtax
562
1 000
-
-
income
28 100
49 990
-
-
total
28 662
50 990
-
-
Dividends
111 833
177 510
-
-
withholding

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

33 203
52 905
-
-
total
33 203
52 905
-
-
Income
228 500
228 500
228 500
228 500
Total tax
115 126
103 895
151 436
129 044
After tax
113 374
124 605
77 064
99 456
Living cost
34 745
34 745
34 745
34 745
Free-cash
78 629
89 860
42 319
64 711

Estimated living cost  is ₽34745 per week

₽22380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3038
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.
₽8783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89142
₽117165
₽93141
₽110637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
accident
-
-
-
796
income
-
-
-
74 447
pensions
-
-
-
24 995
unemployment
-
-
-
618
total
-
-
-
100 945
Employee
47 434
-
200 342
-
income
10 008
-
71 176
-
other
47
-
89
-
pensions
2 230
-
4 152
-
unemployment
736
-
1 369
-
total
13 021
-
76 786
-
Employer
47 434
-
200 342
-
other
378
-
707
-
unemployment
2 609
-
4 857
-
accident
939
-
1 749
-
pensions
11 194
-
20 845
-
total
15 120
-
28 158
-
Corporate
165 946
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.

24 892
34 275
-
-
total
24 892
34 275
-
-
Dividends
141 054
194 225
-
-
withholding
30 416
42 646
-
-
total
30 416
42 646
-
-
Income
228 500
228 500
228 500
228 500
Total tax
83 449
76 921
104 944
100 945
After tax
145 051
151 579
123 556
127 555
Living cost
34 414
34 414
34 414
34 414
Free-cash
110 637
117 165
89 142
93 141

Estimated living cost  is ₽34414 per week

₽25342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63508
₽76379
₽54628
₽63272
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 923
accident
-
-
-
1 911
income
-
-
-
44 485
pensions
-
-
-
33 968
communal
-
-
-
14 441
surtax
-
-
-
11 358
total
-
-
-
122 086
Employee
72 164
-
204 109
-
surtax
4 423
-
12 508
-
income
6 970
-
50 897
-
pensions
5 772
-
16 329
-
health
3 212
-
9 082
-
total
20 377
-
88 816
-
Employer
72 164
-
204 109
-
health
2 201
-
6 224
-
accident
649
-
1 837
-
pensions
5 772
-
16 329
-
total
8 622
-
24 390
-
Corporate
147 714
228 500
-
-
surtax
1 552
2 400
-
-
income
22 158
34 275
-
-
communal
9 971
15 423
-
-
total
33 681
52 098
-
-
Dividends
114 033
176 401
-
-
income
33 657
21 777
-
-
withholding
17 105
26 460
-
-
total
50 762
48 237
-
-
Income
228 500
228 500
228 500
228 500
Total tax
113 442
100 335
113 206
122 086
After tax
115 058
128 165
115 294
106 414
Living cost
51 786
51 786
51 786
51 786
Free-cash
63 272
76 379
63 508
54 628

Estimated living cost  is ₽51786 per week

₽38847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3137
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.
₽9252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80097
₽122322
₽85924
₽119292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 029
income
-
-
-
73 837
pensions
-
-
-
25 436
surtax
-
-
-
12 653
unemployment
-
-
-
217
total
-
-
-
121 172
Employee
32 091
-
201 729
-
surtax
114
-
11 514
-
income
5 380
-
68 137
-
other
-
-
-
-
pensions
2 141
-
8 483
-
health
819
-
3 242
-
unemployment
2 233
-
8 852
-
total
10 687
-
100 228
-
Employer
32 091
-
201 729
-
other
-
-
-
-
unemployment
1 018
-
4 031
-
health
1 459
-
5 787
-
pensions
4 279
-
16 953
-
total
6 756
-
26 771
-
Corporate
189 653
228 500
-
-
income
49 310
59 410
-
-
total
49 310
59 410
-
-
Dividends
140 343
169 090
-
-
withholding
21 051
25 364
-
-
total
21 051
25 364
-
-
Income
228 500
228 500
228 500
228 500
Total tax
87 804
84 774
126 999
121 172
After tax
140 696
143 726
101 501
107 328
Living cost
21 404
21 404
21 404
21 404
Free-cash
119 292
122 322
80 097
85 924

Estimated living cost  is ₽21404 per week

₽12922
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.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76589
₽94434
₽84625
₽92320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 693
national
-
-
-
65 395
regional
-
-
-
3 670
municipal
-
-
-
1 447
total
-
-
-
118 205
Employee
52 860
-
228 500
-
social contributions
17 825
-
62 527
-
municipal
280
-
1 327
-
national
8 374
-
59 017
-
regional
712
-
3 370
-
total
27 191
-
126 241
-
Employer
52 860
-
228 500
-
total
-
-
-
-
Corporate
175 640
228 500
-
-
nationa
42 154
54 840
-
-
municipal
8 729
11 356
-
-
total
50 883
66 196
-
-
Dividends
124 757
162 304
-
-
withholding
32 436
42 200
-
-
total
32 436
42 200
-
-
Income
228 500
228 500
228 500
228 500
Total tax
110 510
108 396
126 241
118 205
After tax
117 990
120 104
102 259
110 295
Living cost
25 670
25 670
25 670
25 670
Free-cash
92 320
94 434
76 589
84 625

Estimated living cost  is ₽25670 per week

₽15964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96894
₽128429
₽107046
₽118121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 740
health
-
-
-
30 848
income
-
-
-
24 587
solidarity contribution
-
-
-
3 386
total
-
-
-
92 561
Employee
42 490
-
183 131
-
social contributions
2 762
-
7 511
-
solidarity contribution
-
-
2 475
-
income
5 099
-
22 635
-
health
5 736
-
24 723
-
total
13 597
-
57 344
-
Employer
42 490
-
183 131
-
health
3 824
-
16 482
-
social contributions
10 623
-
28 887
-
total
14 447
-
45 369
-
Corporate
171 563
228 500
-
-
income
32 597
43 415
-
-
total
32 597
43 415
-
-
Dividends
138 966
185 085
-
-
withholding
20 845
27 763
-
-
total
20 845
27 763
-
-
Income
228 500
228 500
228 500
228 500
Total tax
81 486
71 178
102 713
92 561
After tax
147 014
157 322
125 787
135 939
Living cost
28 893
28 893
28 893
28 893
Free-cash
118 121
128 429
96 894
107 046

Estimated living cost  is ₽28893 per week

₽21487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29245
₽95550
₽86615
₽95077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 516
income
-
-
-
75 614
chamber of commerce
-
-
-
913
pensions
-
-
-
20 595
surtax
-
-
-
-
unemployment
-
-
-
5 845
total
-
-
-
111 483
Employee
41 655
37 975
190 669
-
income
3 711
2 801
64 097
-
other
416
380
1 114
-
pensions
4 266
3 888
11 400
-
health
1 611
1 470
4 307
-
unemployment
1 250
1 139
3 340
-
total
11 254
9 678
84 258
-
Employer
41 655
37 975
190 669
-
other
1 978
1 803
8 382
-
unemployment
1 250
1 139
3 340
-
health
1 575
1 436
4 208
-
surtax
-
-
-
-
accident
541
494
1 447
-
pensions
5 228
4 767
13 971
-
payroll
1 250
1 139
5 720
-
chamber of commerce
166
152
763
-
total
11 988
10 930
37 831
-
Corporate
174 857
179 595
187 053
-
income

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

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

43 715
44 900
46 764
-
total
43 715
44 900
46 764
-
Dividends
131 142
134 695
-
-
withholding
36 064
37 040
-
-
total
36 064
37 040
-
-
Income
228 500
228 500
228 500
228 500
Total tax
103 021
102 548
168 853
111 483
After tax
125 479
125 952
59 647
117 017
Living cost
30 402
30 402
30 402
30 402
Free-cash
95 077
95 550
29 245
86 615

Estimated living cost  is ₽30402 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3105
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170386
₽204661
₽213801
₽202333
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 517
-
228 500
-
income
3 104
-
45 700
-
total
3 104
-
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%.

212 983
228 500
-
-
total
-
-
-
-
Dividends
212 983
228 500
-
-
withholding
10 649
11 425
-
-
total
10 649
11 425
-
-
Income
228 500
228 500
228 500
228 500
Total tax
13 753
11 425
45 700
2 285
After tax
214 747
217 075
182 800
226 215
Living cost
12 414
12 414
12 414
12 414
Free-cash
202 333
204 661
170 386
213 801

Estimated living cost  is ₽12414 per week

₽8400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74072
₽131761
₽79033
₽123789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
22 485
income
-
-
-
59 349
pensions
-
-
-
41 729
unemployment
-
-
-
344
total
-
-
-
123 907
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.

42 138
-
197 716
-
income
7 267
-
54 389
-
pensions
6 532
-
30 646
-
health
2 722
-
12 772
-
unemployment
60
-
277
-
total
16 581
-
98 084
-
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.

42 138
-
197 716
-
unemployment
25
-
119
-
health
2 807
-
13 167
-
pensions
3 729
-
17 498
-
total
6 561
-
30 784
-
Corporate
179 801
228 500
-
-
income
34 162
43 415
-
-
total
34 162
43 415
-
-
Dividends
145 639
185 085
-
-
withholding
21 847
27 764
-
-
total
21 847
27 764
-
-
Income
228 500
228 500
228 500
228 500
Total tax
79 151
71 179
128 868
123 907
After tax
149 349
157 321
99 632
104 593
Living cost
25 560
25 560
25 560
25 560
Free-cash
123 789
131 761
74 072
79 033

Estimated living cost  is ₽25560 per week

₽17541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172059
₽95766
₽114659
₽48084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 049
income
-
-
-
44 539
total
-
-
-
70 588
Employee
62 019
-
-
-
social contributions
5 086
-
725
-
income
13 680
-
-
-
total
18 766
-
725
-
Employer
62 019
-
-
-
social contributions
87 447
-
12 463
-
total
87 447
-
12 463
-
Corporate
79 034
228 500
-
-
income
17 388
50 270
-
-
total
17 388
50 270
-
-
Dividends
61 646
178 230
-
-
income
13 562
39 211
-
-
total
13 562
39 211
-
-
Income
228 500
228 500
228 500
228 500
Total tax
137 163
89 481
13 188
70 588
After tax
91 337
139 019
215 312
157 912
Living cost
43 253
43 253
43 253
43 253
Free-cash
48 084
95 766
172 059
114 659

Estimated living cost  is ₽43253 per week

₽28064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70221
₽100080
₽88591
₽99121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
79 403
income
-
-
-
30 616
surtax
-
-
-
-
total
-
-
-
110 019
Employee
43 827
-
184 646
-
surtax
-
-
492
-
social contributions
4 821
-
20 311
-
income
9 116
-
63 734
-
total
13 937
-
84 537
-
Employer
43 827
-
184 646
-
social contributions
10 409
-
43 852
-
total
10 409
-
43 852
-
Corporate
174 264
228 500
-
-
surtax
-
-
-
-
income
36 596
47 985
-
-
total
36 596
47 985
-
-
Dividends
137 668
180 515
-
-
withholding
38 547
50 545
-
-
total
38 547
50 545
-
-
Income
228 500
228 500
228 500
228 500
Total tax
99 489
98 530
128 389
110 019
After tax
129 011
129 970
100 111
118 481
Living cost
29 890
29 890
29 890
29 890
Free-cash
99 121
100 080
70 221
88 591

Estimated living cost  is ₽29890 per week

₽22364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70200
₽69141
₽77789
₽75689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 083
social contributions
-
-
-
6 512
health
-
-
-
11 555
income
-
-
-
44 571
pensions
-
-
-
34 965
surtax
-
-
-
-
total
-
-
-
104 686
Employee
59 683
-
173 676
-
surtax
-
-
-
-
social contributions
1 700
-
4 949
-
income
5 208
-
39 110
-
pensions
6 751
-
13 393
-
total
13 659
-
57 452
-
Employer
59 683
-
173 676
-
other
2 060
-
7 335
-
unemployment
2 418
-
7 034
-
health
4 177
-
17 625
-
pensions
9 807
-
22 308
-
social contributions
179
-
521
-
total
18 641
-
54 823
-
Corporate
150 176
228 500
-
-
surtax
-
-
-
-
income
42 050
63 979
-
-
total
42 050
63 979
-
-
Dividends
108 127
164 521
-
-
social contributions
18 597
28 297
-
-
surtax
-
-
-
-
withholding
13 839
21 058
-
-
total
32 436
49 355
-
-
Income
228 500
228 500
228 500
228 500
Total tax
106 786
113 334
112 275
104 686
After tax
121 714
115 166
116 225
123 814
Living cost
46 025
46 025
46 025
46 025
Free-cash
75 689
69 141
70 200
77 789

Estimated living cost  is ₽46025 per week

₽31149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143622
₽177006
₽137550
₽173805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 036
social contributions
-
-
-
50 270
total
-
-
-
62 306
Employee
30 635
-
197 836
-
income
-
-
12 711
-
social contributions
1 991
-
12 859
-
total
1 991
-
25 570
-
Employer
30 635
-
197 836
-
social contributions
4 749
-
30 664
-
total
4 749
-
30 664
-
Corporate
193 116
228 500
-
-
income
19 311
22 850
-
-
total
19 311
22 850
-
-
Dividends
173 804
205 650
-
-
total
-
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
26 051
22 850
56 234
62 306
After tax
202 449
205 650
172 266
166 194
Living cost
28 644
28 644
28 644
28 644
Free-cash
173 805
177 006
143 622
137 550

Estimated living cost  is ₽28644 per week

₽18521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21449
₽21449
₽85467
₽11661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 214
pensions
-
-
-
824
national
-
-
-
28 816
municipal
-
-
-
49 412
total
-
-
-
97 266
Employee
193 171
193 171
193 171
-
labour market
15 432
15 432
15 432
-
municipal
41 135
41 135
41 135
-
national
23 599
23 599
23 599
-
pensions
275
275
275
-
total
80 441
80 441
80 441
-
Employer
193 171
193 171
193 171
-
national
23 640
23 640
23 640
-
labour market
15 454
15 454
15 454
-
pensions
549
549
549
-
municipal
41 200
41 200
41 200
-
total
80 843
80 843
80 843
-
Corporate
21 450
-
-
-
income
4 719
-
-
-
total
4 719
-
-
-
Dividends
16 731
-
-
-
withholding
5 069
-
-
-
total
5 069
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
171 072
161 284
161 284
97 266
After tax
57 428
67 216
67 216
131 234
Living cost
45 767
45 767
45 767
45 767
Free-cash
11 661
21 449
21 449
85 467

Estimated living cost  is ₽45767 per week

₽31323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105487
-₽2229
₽135250
₽15329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
355
health
-
-
-
2 086
accident
-
-
-
242
income
-
-
-
65 849
pensions
-
-
-
3 981
total
-
-
-
72 513
Employee
32 620
-
209 336
-
income
4 475
-
51 843
-
pensions
3 673
-
7 299
-
health
3 735
-
23 969
-
total
11 883
-
83 111
-
Employer
32 620
-
209 336
-
unemployment
799
-
5 129
-
accident
545
-
3 496
-
pensions
5 304
-
10 540
-
total
6 648
-
19 165
-
Corporate
189 232
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.

170 308
205 650
-
-
total
170 308
205 650
-
-
Dividends
18 923
22 850
-
-
withholding
3 595
4 342
-
-
total
3 595
4 342
-
-
Income
228 500
228 500
228 500
228 500
Total tax
192 434
209 992
102 276
72 513
After tax
36 066
18 508
126 224
155 987
Living cost
20 737
20 737
20 737
20 737
Free-cash
15 329
-2 229
105 487
135 250

Estimated living cost  is ₽20737 per week

₽15094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75811
₽102828
₽101983
₽105775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 121
national
-
-
-
46 242
municipal
-
-
-
40 569
total
-
-
-
89 932
Employee
50 135
-
192 226
-
municipal
8 212
-
31 284
-
national
828
-
30 126
-
pensions
3 383
-
12 975
-
health
374
-
2 562
-
unemployment
752
-
2 883
-
total
13 549
-
79 830
-
Employer
50 135
-
192 226
-
unemployment
326
-
1 250
-
health
385
-
1 481
-
accident
51
-
192
-
pensions
8 698
-
33 351
-
total
9 460
-
36 274
-
Corporate
168 905
228 500
-
-
income
33 782
45 701
-
-
total
33 782
45 701
-
-
Dividends

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

101 343
137 100
-
-
national
11 108
18 707
-
-
municipal
18 241
24 679
-
-
total
29 349
43 386
-
-
Income
228 500
228 500
228 500
228 500
Total tax
86 140
89 087
116 104
89 932
After tax
142 360
139 413
112 396
138 568
Living cost
36 585
36 585
36 585
36 585
Free-cash
105 775
102 828
75 811
101 983

Estimated living cost  is ₽36585 per week

₽23897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3519
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.
₽8588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129235
₽144434
₽131079
₽139247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 418
health
-
-
-
5 827
income
-
-
-
54 113
total
-
-
-
75 358
Employee
73 275
73 275
216 295
-
social contributions
2 770
6 081
8 203
-
income
7 978
6 783
53 118
-
health
568
1 246
3 676
-
total
11 316
14 110
64 997
-
Employer
73 275
73 275
216 295
-
health
617
1 356
4 002
-
social contributions
2 770
6 081
8 203
-
total
3 387
7 437
12 205
-
Corporate
191 734
147 787
-
-
income
23 966
18 474
-
-
total
23 966
18 474
-
-
Dividends
167 767
129 313
-
-
withholding
28 521
21 982
-
-
total
28 521
21 982
-
-
Income
228 500
228 500
228 500
228 500
Total tax
67 190
62 003
77 202
75 358
After tax
161 310
166 497
151 298
153 142
Living cost
22 063
22 063
22 063
22 063
Free-cash
139 247
144 434
129 235
131 079

Estimated living cost  is ₽22063 per week

₽13223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160970
₽174090
₽180084
₽169241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 449
income
-
-
-
23 749
pensions
-
-
-
6 062
unemployment
-
-
-
27
total
-
-
-
33 287
Employee

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

21 873
-
219 187
-
income
1 496
-
21 388
-
pensions
3 280
-
13 563
-
health
1 859
-
7 685
-
unemployment
109
-
452
-
total
6 744
-
43 088
-
Employer

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

21 873
-
219 187
-
unemployment
109
-
452
-
health
940
-
3 888
-
pensions
1 203
-
4 973
-
total
2 252
-
9 313
-
Corporate
204 376
228 500
-
-
income
18 395
20 565
-
-
total
18 395
20 565
-
-
Dividends
185 981
207 935
-
-
withholding
16 738
18 715
-
-
total
16 738
18 715
-
-
Income
228 500
228 500
228 500
228 500
Total tax
44 129
39 280
52 401
33 287
After tax
184 371
189 220
176 099
195 213
Living cost
15 130
15 130
15 130
15 130
Free-cash
169 241
174 090
160 970
180 084

Estimated living cost  is ₽15130 per week

₽9653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1090
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽97352
₽125375
₽101351
₽121168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
accident
-
-
-
796
income
-
-
-
74 447
pensions
-
-
-
24 995
unemployment
-
-
-
618
total
-
-
-
100 945
Employee
35 235
-
200 342
-
income
6 793
-
71 176
-
other
34
-
89
-
pensions
1 656
-
4 152
-
unemployment
546
-
1 369
-
total
9 029
-
76 786
-
Employer
35 235
-
200 342
-
other
282
-
707
-
unemployment
1 939
-
4 857
-
accident
698
-
1 749
-
pensions
8 315
-
20 845
-
total
11 234
-
28 158
-
Corporate
182 031
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.

27 304
34 275
-
-
total
27 304
34 275
-
-
Dividends
154 727
194 225
-
-
withholding
33 561
42 646
-
-
total
33 561
42 646
-
-
Income
228 500
228 500
228 500
228 500
Total tax
81 128
76 921
104 944
100 945
After tax
147 372
151 579
123 556
127 555
Living cost
26 204
26 204
26 204
26 204
Free-cash
121 168
125 375
97 352
101 351

Estimated living cost  is ₽26204 per week

₽17687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145590
₽140815
₽145716
₽140524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
936
income
-
-
-
78 788
pensions
-
-
-
1 291
total
-
-
-
81 015
Employee
2 695
-
227 048
-
income
521
-
78 720
-
pensions
243
-
581
-
health
135
-
323
-
unemployment
27
-
65
-
total
926
-
79 689
-
Employer
2 695
-
227 048
-
unemployment
54
-
129
-
health
256
-
613
-
pensions
296
-
710
-
total
606
-
1 452
-
Corporate
225 199
228 500
-
-
income
49 544
50 270
-
-
total
49 544
50 270
-
-
Dividends
175 655
178 230
-
-
withholding
35 131
35 646
-
-
total
35 131
35 646
-
-
Income
228 500
228 500
228 500
228 500
Total tax
86 207
85 916
81 141
81 015
After tax
142 293
142 584
147 359
147 485
Living cost
1 769
1 769
1 769
1 769
Free-cash
140 524
140 815
145 590
145 716

Estimated living cost  is ₽1769 per week

₽1051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132304
₽148632
₽132305
₽143950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 244
income
-
-
-
53 150
pensions
-
-
-
18 287
unemployment
-
-
-
1 055
total
-
-
-
79 736
Employee

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

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

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

24 818
-
215 910
-
income
3 421
-
53 150
-
pensions
3 475
-
9 847
-
health
1 278
-
3 622
-
unemployment
186
-
528
-
total
8 360
-
67 147
-
Employer

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

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

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

24 818
-
215 910
-
unemployment
186
-
528
-
health
1 278
-
3 622
-
pensions
2 978
-
8 440
-
total
4 442
-
12 590
-
Corporate
199 239
228 500
-
-
income
29 886
34 275
-
-
total
29 886
34 275
-
-
Dividends
169 353
194 225
-
-
withholding
25 403
29 134
-
-
total
25 403
29 134
-
-
Income
228 500
228 500
228 500
228 500
Total tax
68 091
63 409
79 737
79 736
After tax
160 409
165 091
148 763
148 764
Living cost
16 459
16 459
16 459
16 459
Free-cash
143 950
148 632
132 304
132 305

Estimated living cost  is ₽16459 per week

₽11082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74421
₽104280
₽92791
₽103938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
79 403
income
-
-
-
30 616
surtax
-
-
-
-
total
-
-
-
110 019
Employee
36 985
-
184 646
-
surtax
-
-
492
-
social contributions
4 069
-
20 311
-
income
7 227
-
63 734
-
total
11 296
-
84 537
-
Employer
36 985
-
184 646
-
social contributions
8 783
-
43 852
-
total
8 783
-
43 852
-
Corporate
182 732
228 500
-
-
surtax
-
-
-
-
income
38 373
47 985
-
-
total
38 373
47 985
-
-
Dividends
144 359
180 515
-
-
withholding
40 420
50 545
-
-
total
40 420
50 545
-
-
Income
228 500
228 500
228 500
228 500
Total tax
98 872
98 530
128 389
110 019
After tax
129 628
129 970
100 111
118 481
Living cost
25 690
25 690
25 690
25 690
Free-cash
103 938
104 280
74 421
92 791

Estimated living cost  is ₽25690 per week

₽18196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90066
₽118089
₽94065
₽111855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
accident
-
-
-
796
income
-
-
-
74 447
pensions
-
-
-
24 995
unemployment
-
-
-
618
total
-
-
-
100 945
Employee
46 022
-
200 342
-
income
9 612
-
71 176
-
other
45
-
89
-
pensions
2 163
-
4 152
-
unemployment
712
-
1 369
-
total
12 532
-
76 786
-
Employer
46 022
-
200 342
-
other
369
-
707
-
unemployment
2 532
-
4 857
-
accident
911
-
1 749
-
pensions
10 861
-
20 845
-
total
14 673
-
28 158
-
Corporate
167 805
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.

25 170
34 275
-
-
total
25 170
34 275
-
-
Dividends
142 635
194 225
-
-
withholding
30 780
42 646
-
-
total
30 780
42 646
-
-
Income
228 500
228 500
228 500
228 500
Total tax
83 155
76 921
104 944
100 945
After tax
145 345
151 579
123 556
127 555
Living cost
33 490
33 490
33 490
33 490
Free-cash
111 855
118 089
90 066
94 065

Estimated living cost  is ₽33490 per week

₽24051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178751
₽179090
₽169123
₽173325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 801
income
-
-
-
34 275
pensions

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

-
-
-
4 892
unemployment
-
-
-
132
total
-
-
-
43 100
Employee
21 553
-
222 016
-
income
2 156
-
22 201
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

1 892
-
2 902
-
health
992
-
1 520
-
total
5 277
-
26 987
-
Employer
21 553
-
222 016
-
unemployment
129
-
198
-
health
1 487
-
2 281
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

2 375
-
3 642
-
total
4 228
-
6 485
-
Corporate
202 718
228 500
-
-
income
20 271
22 850
-
-
total
20 271
22 850
-
-
Dividends
182 447
205 650
-
-
withholding
9 122
10 283
-
-
total
9 122
10 283
-
-
Income
228 500
228 500
228 500
228 500
Total tax
38 898
33 133
33 472
43 100
After tax
189 602
195 367
195 028
185 400
Living cost
16 277
16 277
16 277
16 277
Free-cash
173 325
179 090
178 751
169 123

Estimated living cost  is ₽16277 per week

₽10765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103587
₽80709
₽77154
₽93175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 510
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.

-
-
-
77 358
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.

-
-
-
4 255
trade
-
-
-
26 433
total
-
-
-
114 556
Employee

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

47 414
-
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.

215
-
4 255
-
income

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

3 899
-
77 358
-
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.

6 510
-
6 510
-
total
10 624
-
88 123
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 086
228 500
-
-
chamber of commerce
410
479
-
-
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.

1 494
1 884
-
-
trade
25 986
32 789
-
-
income
27 163
34 275
-
-
total
55 053
69 427
-
-
Dividends
126 033
159 072
-
-
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.

1 713
2 168
-
-
withholding
31 145
39 406
-
-
total
32 858
41 574
-
-
Income
228 500
228 500
228 500
228 500
Total tax
98 535
111 001
88 123
114 556
After tax
129 965
117 499
140 377
113 944
Living cost
36 790
36 790
36 790
36 790
Free-cash
93 175
80 709
103 587
77 154

Estimated living cost  is ₽36790 per week

₽25378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3958
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.
₽6919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59041
₽105666
₽59041
₽107772
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 649
social contributions
-
-
-
39 527
total
-
-
-
115 176
Employee
74 540
-
228 500
-
income
14 065
-
75 649
-
social contributions
6 193
-
39 527
-
total
20 258
-
115 176
-
Employer
74 540
-
228 500
-
total
-
-
-
-
Corporate
153 960
228 500
-
-
income
19 244
28 563
-
-
total
19 244
28 563
-
-
Dividends
134 716
199 937
-
-
withholding
26 943
39 988
-
-
total
26 943
39 988
-
-
Income
228 500
228 500
228 500
228 500
Total tax
66 445
68 551
115 176
115 176
After tax
162 055
159 949
113 324
113 324
Living cost
54 283
54 283
54 283
54 283
Free-cash
107 772
105 666
59 041
59 041

Estimated living cost  is ₽54283 per week

₽41297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124176
₽108901
₽153730
₽112230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 904
total
-
-
-
40 179
Employee
43 714
-
224 117
-
income
4 743
-
60 967
-
social contributions
4 380
-
4 383
-
total
9 123
-
65 350
-
Employer
43 714
-
224 117
-
social contributions
4 380
-
4 383
-
total
4 380
-
4 383
-
Corporate
180 406
228 500
-
-
income
63 142
79 974
-
-
total
63 142
79 974
-
-
Dividends
117 264
148 526
-
-
social contributions
5 034
5 034
-
-
total
5 034
5 034
-
-
Income
228 500
228 500
228 500
228 500
Total tax
81 679
85 008
69 733
40 179
After tax
146 821
143 492
158 767
188 321
Living cost
34 591
34 591
34 591
34 591
Free-cash
112 230
108 901
124 176
153 730

Estimated living cost  is ₽34591 per week

₽22785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91424
₽107781
₽111763
₽113377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 893
pensions
-
-
-
9 743
total
-
-
-
81 636
Employee
48 181
-
199 033
-
income
8 774
-
58 335
-
health
629
-
2 646
-
pensions
3 677
-
11 530
-
total
13 080
-
72 511
-
Employer
48 181
-
199 033
-
health
916
-
3 781
-
pensions
4 868
-
25 683
-
total
5 784
-
29 464
-
Corporate
174 536
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.

33 161
43 415
-
-
total
33 161
43 415
-
-
Dividends
141 375
185 085
-
-
withholding
27 997
42 203
-
-
total
27 997
42 203
-
-
Income
228 500
228 500
228 500
228 500
Total tax
80 022
85 618
101 975
81 636
After tax
148 478
142 882
126 525
146 864
Living cost
35 101
35 101
35 101
35 101
Free-cash
113 377
107 781
91 424
111 763

Estimated living cost  is ₽35101 per week

₽24079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽103434
-₽4282
₽133197
₽15011
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
355
health
-
-
-
2 086
accident
-
-
-
242
income
-
-
-
65 849
pensions
-
-
-
3 981
total
-
-
-
72 513
Employee
35 849
-
209 336
-
income
4 918
-
51 843
-
pensions
4 037
-
7 299
-
health
4 105
-
23 969
-
total
13 060
-
83 111
-
Employer
35 849
-
209 336
-
unemployment
878
-
5 129
-
accident
599
-
3 496
-
pensions
5 829
-
10 540
-
total
7 306
-
19 165
-
Corporate
185 345
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.

166 811
205 650
-
-
total
166 811
205 650
-
-
Dividends
18 534
22 850
-
-
withholding
3 522
4 342
-
-
total
3 522
4 342
-
-
Income
228 500
228 500
228 500
228 500
Total tax
190 699
209 992
102 276
72 513
After tax
37 801
18 508
126 224
155 987
Living cost
22 790
22 790
22 790
22 790
Free-cash
15 011
-4 282
103 434
133 197

Estimated living cost  is ₽22790 per week

₽16725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156132
₽161950
₽135209
₽159070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 595
health insurance
-
-
-
11 260
work injury
-
-
-
761
pensions
-
-
-
27 997
unemployment
-
-
-
1 826
total
-
-
-
80 439
Employee

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

20 563
-
228 500
-
income
2 056
-
38 595
-
work injury
103
-
380
-
health insurance
1 522
-
5 630
-
pensions
3 784
-
13 998
-
unemployment
247
-
913
-
total
7 712
-
59 516
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
207 937
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%.

20 794
22 850
-
-
total
20 794
22 850
-
-
Dividends
187 144
205 650
-
-
withholding
28 072
30 848
-
-
total
28 072
30 848
-
-
Income
228 500
228 500
228 500
228 500
Total tax
56 578
53 698
59 516
80 439
After tax
171 922
174 802
168 984
148 061
Living cost
12 852
12 852
12 852
12 852
Free-cash
159 070
161 950
156 132
135 209

Estimated living cost  is ₽12852 per week

₽7962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62291
₽82397
₽70119
₽78063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 693
national
-
-
-
65 395
regional
-
-
-
5 703
municipal
-
-
-
1 628
total
-
-
-
120 419
Employee
80 299
-
228 500
-
social contributions
27 076
-
62 527
-
municipal
479
-
1 494
-
national
13 570
-
59 017
-
regional
1 212
-
5 209
-
total
42 337
-
128 247
-
Employer
80 299
-
228 500
-
total
-
-
-
-
Corporate
148 201
228 500
-
-
nationa
35 568
54 840
-
-
municipal
7 143
11 013
-
-
total
42 711
65 853
-
-
Dividends
105 489
162 647
-
-
withholding
27 427
42 288
-
-
total
27 427
42 288
-
-
Income
228 500
228 500
228 500
228 500
Total tax
112 475
108 141
128 247
120 419
After tax
116 025
120 359
100 253
108 081
Living cost
37 962
37 962
37 962
37 962
Free-cash
78 063
82 397
62 291
70 119

Estimated living cost  is ₽37962 per week

₽26666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
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.
₽8110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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