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
₽82671
₽86831
₽97168
₽111815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
29 144
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.

-
-
-
6 386
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.

-
-
-
4 275
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.

-
-
-
77 712
total
-
-
-
117 517
Employee

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

35 751
-
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.

55
-
4 275
-
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.

999
-
77 712
-
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.

6 386
-
6 386
-
total
7 440
-
88 373
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 749
228 500
-
-
trade
30 359
35 989
-
-
income
28 913
34 275
-
-
chamber of commerce
419
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.

1 589
1 886
-
-
total
61 280
72 620
-
-
Dividends
131 469
155 880
-
-
withholding
32 512
38 614
-
-
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.

1 788
2 123
-
-
total
34 300
40 737
-
-
Income
228 500
228 500
228 500
228 500
Total tax
103 020
113 357
88 373
117 517
After tax
125 480
115 143
140 127
110 983
Living cost
28 312
28 312
28 312
28 312
Free-cash
97 168
86 831
111 815
82 671

Estimated living cost  is ₽28312 per week

₽17809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79979
₽93011
₽92187
₽81204
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
25 430
pensions
-
-
-
27 420
social contributions
-
-
-
2 456
national
-
-
-
43 642
total
-
-
-
98 948
Employee
76 847
-
197 536
-
municipal
9 492
-
26 315
-
national
14 708
-
45 580
-
pensions
3 074
-
7 901
-
total
27 274
-
79 796
-
Employer
76 847
-
197 536
-
pensions
6 148
-
15 803
-
social contributions
826
-
2 124
-
total
6 974
-
17 927
-
Corporate
139 607
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%.

27 921
45 700
-
-
total
27 921
45 700
-
-
Dividends
111 686
182 800
-
-
withholding
24 571
40 216
-
-
total
24 571
40 216
-
-
Income
228 500
228 500
228 500
228 500
Total tax
86 740
85 916
97 723
98 948
After tax
141 760
142 584
130 777
129 552
Living cost
49 573
49 573
49 573
49 573
Free-cash
92 187
93 011
81 204
79 979

Estimated living cost  is ₽49573 per week

₽33694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64891
₽163354
₽155687
₽80859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
58 268
social contributions

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

-
-
-
35 813
income
-
-
-
50 082
microenterprise
-
-
-
-
total
-
-
-
144 163
Employee
27 313
-
181 679
-
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.

3 005
-
12 253
-
surtax
-
-
26 343
-
income
4 862
-
42 777
-
total
7 867
-
81 373
-
Employer
27 313
-
181 679
-
surtax
-
-
19 986
-
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.

6 579
-
26 836
-
total
6 579
-
46 822
-
Corporate
194 608
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%.

38 921
45 700
-
-
total
38 921
45 700
-
-
Dividends

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

155 687
182 800
-
-
total
-
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
53 367
45 700
128 195
144 163
After tax
175 133
182 800
100 305
84 337
Living cost
19 446
19 446
19 446
19 446
Free-cash
155 687
163 354
80 859
64 891

Estimated living cost  is ₽19446 per week

₽12406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82552
₽74924
₽69197
₽106947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 951
health
-
-
-
11 526
income
-
-
-
84 314
total
-
-
-
106 791
Employee
79 821
79 821
211 129
-
pensions
14 368
10 951
10 951
-
income

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

13 065
13 065
42 548
-
health
12 252
10 421
11 526
-
total
39 685
34 437
65 025
-
Employer
79 821
79 821
211 129
-
pensions
5 556
5 556
6 905
-
unemployment
2 874
2 874
3 571
-
health
5 548
5 548
6 895
-
total
13 978
13 978
17 371
-
Corporate
135 680
134 701
-
-
income
27 136
26 941
-
-
total
27 136
26 941
-
-
Dividends
108 544
107 760
-
-
withholding
16 282
16 165
-
-
income
23 065
22 898
-
-
total
39 347
39 063
-
-
Income
228 500
228 500
228 500
228 500
Total tax
120 146
114 419
82 396
106 791
After tax
108 354
114 081
146 104
121 709
Living cost
39 157
39 157
39 157
39 157
Free-cash
69 197
74 924
106 947
82 552

Estimated living cost  is ₽39157 per week

₽27749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75186
₽86213
₽85348
₽74251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
60 840
pensions
-
-
-
9 133
health
-
-
-
5 272
other
-
-
-
9 817
unemployment
-
-
-
85
accident
-
-
-
169
national
-
-
-
29 450
total
-
-
-
114 766
Employee
54 927
-
201 956
-
municipal
16 379
-
60 223
-
national
-
-
28 933
-
total
16 379
-
89 156
-
Employer
54 927
-
201 956
-
pensions
5 937
-
9 133
-
other
6 383
-
9 817
-
unemployment
1 450
-
2 230
-
accident
110
-
169
-
health
3 378
-
5 196
-
total
17 258
-
26 545
-
Corporate
156 315
228 500
-
-
income
34 389
50 270
-
-
total
34 389
50 270
-
-
Dividends
121 926
178 230
-
-
withholding
36 578
53 469
-
-
total
36 578
53 469
-
-
Income
228 500
228 500
228 500
228 500
Total tax
104 604
103 739
115 701
114 766
After tax
123 896
124 761
112 799
113 734
Living cost
38 548
38 548
38 548
38 548
Free-cash
85 348
86 213
74 251
75 186

Estimated living cost  is ₽38548 per week

₽25548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72968
₽77246
₽90380
₽103407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
30 439
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.

-
-
-
6 386
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.

-
-
-
4 275
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.

-
-
-
77 712
total
-
-
-
118 812
Employee

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

47 402
-
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.

223
-
4 275
-
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.

4 073
-
77 712
-
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.

6 386
-
6 386
-
total
10 682
-
88 373
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 098
228 500
-
-
trade
29 791
37 589
-
-
income
27 164
34 275
-
-
chamber of commerce
399
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.

1 494
1 886
-
-
total
58 848
74 217
-
-
Dividends
122 250
154 284
-
-
withholding
30 208
38 215
-
-
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.

1 662
2 102
-
-
total
31 870
40 317
-
-
Income
228 500
228 500
228 500
228 500
Total tax
101 400
114 534
88 373
118 812
After tax
127 100
113 966
140 127
109 688
Living cost
36 720
36 720
36 720
36 720
Free-cash
90 380
77 246
103 407
72 968

Estimated living cost  is ₽36720 per week

₽24558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3872
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.
₽7741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122664
₽136167
₽132288
₽120828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 827
social contributions
-
-
-
15 123
income
-
-
-
54 568
total
-
-
-
75 518
Employee
71 876
71 876
216 451
-
social contributions
3 493
5 965
8 046
-
income
7 548
6 654
53 580
-
health
715
1 222
3 679
-
total
11 756
13 841
65 305
-
Employer
71 876
71 876
216 451
-
social contributions
3 493
5 965
8 046
-
health
779
1 330
4 003
-
total
4 272
7 295
12 049
-
Corporate
182 156
149 329
-
-
income
22 769
18 666
-
-
total
22 769
18 666
-
-
Dividends
159 387
130 663
-
-
withholding
27 097
22 213
-
-
total
27 097
22 213
-
-
Income
228 500
228 500
228 500
228 500
Total tax
65 894
62 015
77 354
75 518
After tax
162 606
166 485
151 146
152 982
Living cost
30 318
30 318
30 318
30 318
Free-cash
132 288
136 167
120 828
122 664

Estimated living cost  is ₽30318 per week

₽20725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽141111
₽111047
₽111405
₽115280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
22 850
health
-
-
-
15 995
unemployment
-
-
-
3 427
income
-
-
-
27 934
total
-
-
-
70 206
Employee

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

The minimum wage is 138,000 HUF per month.

24 804
9 872
191 213
-
pensions
2 480
987
19 121
-
unemployment
372
148
2 868
-
income
3 032
1 207
23 376
-
health
1 736
691
13 385
-
total
7 620
3 033
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.

24 804
9 872
191 213
-
pensions
4 837
1 925
37 287
-
total
4 837
1 925
37 287
-
Corporate
198 859
216 703
-
-
income
17 897
19 503
-
-
total
17 897
19 503
-
-
Dividends
180 962
197 200
-
-
withholding
34 383
37 468
-
-
social contributions
35 175
38 341
-
-
total
69 558
75 809
-
-
Income
228 500
228 500
228 500
228 500
Total tax
99 912
100 270
96 037
70 206
After tax
128 588
128 230
132 463
158 294
Living cost
17 183
17 183
17 183
17 183
Free-cash
111 405
111 047
115 280
141 111

Estimated living cost  is ₽17183 per week

₽11726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽343
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99900
₽160223
₽154417
₽109128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
45 700
health
-
-
-
29 704
income
-
-
-
30 619
total
-
-
-
106 023
Employee
26 517
-
170 778
-
pensions
530
-
3 416
-
unemployment
424
-
2 732
-
income
2 985
-
32 925
-
total
3 939
-
39 073
-
Employer
26 517
-
170 778
-
pensions
5 304
-
34 155
-
unemployment
213
-
1 366
-
health
3 447
-
22 201
-
total
8 964
-
57 722
-
Corporate
193 020
228 500
-
-
income
38 603
45 700
-
-
total
38 603
45 700
-
-
Dividends
154 417
182 800
-
-
total
-
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
51 506
45 700
96 795
106 023
After tax
176 994
182 800
131 705
122 477
Living cost
22 577
22 577
22 577
22 577
Free-cash
154 417
160 223
109 128
99 900

Estimated living cost  is ₽22577 per week

₽15485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽135068
-₽2406
₽15300
₽105346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 956
health
-
-
-
2 073
other
-
-
-
352
accident
-
-
-
240
income
-
-
-
65 896
total
-
-
-
72 517
Employee
32 900
-
209 399
-
pensions
3 705
-
7 253
-
income
4 514
-
51 909
-
health
3 767
-
23 976
-
total
11 986
-
83 138
-
Employer
32 900
-
209 399
-
pensions
5 350
-
10 474
-
unemployment
806
-
5 130
-
accident
549
-
3 497
-
total
6 705
-
19 101
-
Corporate
188 895
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.

170 005
205 650
-
-
total
170 005
205 650
-
-
Dividends
18 890
22 850
-
-
withholding
3 589
4 341
-
-
total
3 589
4 341
-
-
Income
228 500
228 500
228 500
228 500
Total tax
192 285
209 991
102 239
72 517
After tax
36 215
18 509
126 261
155 983
Living cost
20 915
20 915
20 915
20 915
Free-cash
15 300
-2 406
105 346
135 068

Estimated living cost  is ₽20915 per week

₽15329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽218577
₽209437
₽208005
₽175162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 547
-
228 500
-
income
1 909
-
45 700
-
total
1 909
-
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%.

218 953
228 500
-
-
total
-
-
-
-
Dividends
218 953
228 500
-
-
withholding
10 948
11 425
-
-
total
10 948
11 425
-
-
Income
228 500
228 500
228 500
228 500
Total tax
12 857
11 425
45 700
2 285
After tax
215 643
217 075
182 800
226 215
Living cost
7 638
7 638
7 638
7 638
Free-cash
208 005
209 437
175 162
218 577

Estimated living cost  is ₽7638 per week

₽4733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115084
₽142971
₽136661
₽113238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
34 114
health
-
-
-
6 254
other
-
-
-
6 751
income
-
-
-
41 390
total
-
-
-
88 509
Employee
33 939
-
192 281
-
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.

2 375
-
9 949
-
unemployment
339
-
1 421
-
income
5 843
-
40 775
-
health
475
-
1 990
-
total
9 032
-
54 135
-
Employer
33 939
-
192 281
-
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.

5 770
-
24 165
-
other
1 698
-
7 106
-
unemployment
339
-
1 421
-
accident
271
-
1 538
-
health
475
-
1 990
-
total
8 553
-
36 220
-
Corporate
186 008
228 500
-
-
income
39 061
47 985
-
-
total
39 061
47 985
-
-
Dividends
146 947
180 515
-
-
withholding
10 286
12 637
-
-
total
10 286
12 637
-
-
Income
228 500
228 500
228 500
228 500
Total tax
66 932
60 622
90 355
88 509
After tax
161 568
167 878
138 145
139 991
Living cost
24 907
24 907
24 907
24 907
Free-cash
136 661
142 971
113 238
115 084

Estimated living cost  is ₽24907 per week

₽17598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1682
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.
₽5226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84824
₽80717
₽88154
₽64506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 625
income
-
-
-
72 298
total
-
-
-
81 923
Employee
87 372
-
199 000
-
pensions
8 429
-
11 358
-
income
15 750
-
58 753
-
health
1 440
-
2 630
-
total
25 619
-
72 741
-
Employer
87 372
-
199 000
-
pensions
10 316
-
25 720
-
health
1 659
-
3 780
-
total
11 975
-
29 500
-
Corporate
129 153
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.

24 539
43 416
-
-
total
24 539
43 416
-
-
Dividends
104 614
185 084
-
-
withholding
16 460
42 614
-
-
total
16 460
42 614
-
-
Income
228 500
228 500
228 500
228 500
Total tax
78 593
86 030
102 241
81 923
After tax
149 907
142 470
126 259
146 577
Living cost
61 753
61 753
61 753
61 753
Free-cash
88 154
80 717
64 506
84 824

Estimated living cost  is ₽61753 per week

₽46273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽173240
₽183105
₽178761
₽182889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 835
health
-
-
-
3 757
unemployment
-
-
-
131
income
-
-
-
34 275
total
-
-
-
42 998
Employee
16 236
-
222 091
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 426
-
2 868
-
income
1 623
-
22 210
-
health
747
-
1 503
-
total
3 975
-
26 940
-
Employer
16 236
-
222 091
-
pensions

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

1 789
-
3 600
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
health
1 121
-
2 254
-
total
3 186
-
6 409
-
Corporate
209 078
228 500
-
-
income
20 907
22 850
-
-
total
20 907
22 850
-
-
Dividends
188 171
205 650
-
-
withholding
9 409
10 283
-
-
total
9 409
10 283
-
-
Income
228 500
228 500
228 500
228 500
Total tax
37 477
33 133
33 349
42 998
After tax
191 023
195 367
195 151
185 502
Living cost
12 262
12 262
12 262
12 262
Free-cash
178 761
183 105
182 889
173 240

Estimated living cost  is ₽12262 per week

₽7158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69877
₽62249
₽64600
₽94272
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 951
health
-
-
-
11 526
income
-
-
-
84 314
total
-
-
-
106 791
Employee
86 660
79 821
211 129
-
pensions
10 951
10 951
10 951
-
income

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

13 065
13 065
42 548
-
health
10 811
10 421
11 526
-
total
34 827
34 437
65 025
-
Employer
86 660
79 821
211 129
-
pensions
6 031
5 556
6 905
-
unemployment
3 120
2 874
3 571
-
health
6 022
5 548
6 895
-
total
15 173
13 978
17 371
-
Corporate
126 666
134 701
-
-
income
25 334
26 941
-
-
total
25 334
26 941
-
-
Dividends
101 333
107 760
-
-
withholding
15 200
16 165
-
-
income
21 534
22 898
-
-
total
36 734
39 063
-
-
Income
228 500
228 500
228 500
228 500
Total tax
112 068
114 419
82 396
106 791
After tax
116 432
114 081
146 104
121 709
Living cost
51 832
51 832
51 832
51 832
Free-cash
64 600
62 249
94 272
69 877

Estimated living cost  is ₽51832 per week

₽38234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112883
₽134094
₽125808
₽102708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 848
social contributions
-
-
-
33 424
solidarity contribution
-
-
-
3 483
income
-
-
-
24 634
total
-
-
-
92 389
Employee
34 159
-
183 379
-
social contributions
2 220
-
7 440
-
income
4 099
-
22 677
-
solidarity contribution
-
-
2 570
-
health
4 612
-
24 756
-
total
10 931
-
57 443
-
Employer
34 159
-
183 379
-
social contributions
8 540
-
28 617
-
health
3 074
-
16 504
-
total
11 614
-
45 121
-
Corporate
182 727
228 500
-
-
income
34 718
43 415
-
-
total
34 718
43 415
-
-
Dividends
148 009
185 085
-
-
withholding
22 201
27 763
-
-
total
22 201
27 763
-
-
Income
228 500
228 500
228 500
228 500
Total tax
79 464
71 178
102 564
92 389
After tax
149 036
157 322
125 936
136 111
Living cost
23 228
23 228
23 228
23 228
Free-cash
125 808
134 094
102 708
112 883

Estimated living cost  is ₽23228 per week

₽16135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71821
₽82471
₽77592
₽63898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 455
regional
-
-
-
2 977
social contributions
-
-
-
46 782
national
-
-
-
66 023
total
-
-
-
117 237
Employee
83 072
-
228 500
-
social contributions
28 012
-
61 333
-
municipal
440
-
1 337
-
regional
784
-
2 723
-
national
14 394
-
59 767
-
total
43 630
-
125 160
-
Employer
83 072
-
228 500
-
total
-
-
-
-
Corporate
145 428
228 500
-
-
nationa
34 903
54 841
-
-
municipal
5 671
8 912
-
-
total
40 574
63 753
-
-
Dividends
104 854
164 748
-
-
withholding
27 262
42 834
-
-
total
27 262
42 834
-
-
Income
228 500
228 500
228 500
228 500
Total tax
111 466
106 587
125 160
117 237
After tax
117 034
121 913
103 340
111 263
Living cost
39 442
39 442
39 442
39 442
Free-cash
77 592
82 471
63 898
71 821

Estimated living cost  is ₽39442 per week

₽27494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86659
₽123100
₽120193
₽80946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 950
health
-
-
-
8 857
surtax
-
-
-
12 805
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
74 390
total
-
-
-
121 215
Employee
30 911
-
202 241
-
surtax
101
-
11 686
-
pensions
2 061
-
8 321
-
other
-
-
-
-
unemployment
2 152
-
8 683
-
income
5 181
-
68 799
-
health
789
-
3 180
-
total
10 284
-
100 669
-
Employer
30 911
-
202 241
-
pensions
4 121
-
16 629
-
other
-
-
-
-
unemployment
979
-
3 954
-
health
1 407
-
5 676
-
total
6 507
-
26 259
-
Corporate
191 083
228 500
-
-
income
49 681
59 410
-
-
total
49 681
59 410
-
-
Dividends
141 402
169 090
-
-
withholding
21 209
25 364
-
-
total
21 209
25 364
-
-
Income
228 500
228 500
228 500
228 500
Total tax
87 681
84 774
126 928
121 215
After tax
140 819
143 726
101 572
107 285
Living cost
20 626
20 626
20 626
20 626
Free-cash
120 193
123 100
80 946
86 659

Estimated living cost  is ₽20626 per week

₽12612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104389
₽100282
₽106385
₽84071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 625
income
-
-
-
72 298
total
-
-
-
81 923
Employee
58 554
-
199 000
-
pensions
4 970
-
11 358
-
income
10 546
-
58 753
-
health
850
-
2 630
-
total
16 366
-
72 741
-
Employer
58 554
-
199 000
-
pensions
6 339
-
25 720
-
health
1 112
-
3 780
-
total
7 451
-
29 500
-
Corporate
162 495
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.

30 873
43 416
-
-
total
30 873
43 416
-
-
Dividends
131 622
185 084
-
-
withholding
25 237
42 614
-
-
total
25 237
42 614
-
-
Income
228 500
228 500
228 500
228 500
Total tax
79 927
86 030
102 241
81 923
After tax
148 573
142 470
126 259
146 577
Living cost
42 188
42 188
42 188
42 188
Free-cash
106 385
100 282
84 071
104 389

Estimated living cost  is ₽42188 per week

₽31607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽106083
₽29942
₽61839
₽98237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
13 042
city
-
-
-
2 409
pensions
-
-
-
21 022
health
-
-
-
515
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
national
-
-
-
6 314
total
-
-
-
47 872
Employee
87 237
-
205 894
-
regional
2 857
-
11 689
-
national
413
-
5 236
-
pensions
7 329
-
15 759
-
unemployment
-
-
-
-
city
936
-
2 231
-
health
197
-
463
-
total
11 732
-
35 378
-
Employer
87 237
-
205 894
-
pensions
7 329
-
15 759
-
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.

1 744
-
4 118
-
unemployment
-
-
-
-
health
197
-
463
-
total
9 270
-
20 340
-
Corporate
131 033
228 500
-
-
regional
27 714
48 328
-
-
national
11 137
19 422
-
-
total
38 851
67 750
-
-
Dividends
92 182
160 750
-
-
withholding
32 263
56 263
-
-
total
32 263
56 263
-
-
Income
228 500
228 500
228 500
228 500
Total tax
92 116
124 013
55 718
47 872
After tax
136 384
104 487
172 782
180 628
Living cost
74 545
74 545
74 545
74 545
Free-cash
61 839
29 942
98 237
106 083

Estimated living cost  is ₽74545 per week

₽48476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽915
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽65572
₽69970
₽85130
₽97307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
31 735
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.

-
-
-
6 386
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.

-
-
-
4 275
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.

-
-
-
77 712
total
-
-
-
120 108
Employee

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

56 175
-
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.

364
-
4 275
-
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.

6 606
-
77 712
-
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.

6 386
-
6 386
-
total
13 356
-
88 373
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 325
228 500
-
-
trade
29 553
39 187
-
-
income
25 848
34 275
-
-
chamber of commerce
385
463
-
-
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.

1 421
1 886
-
-
total
57 207
75 811
-
-
Dividends
115 118
152 689
-
-
withholding
28 424
37 818
-
-
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.

1 563
2 081
-
-
total
29 987
39 899
-
-
Income
228 500
228 500
228 500
228 500
Total tax
100 550
115 710
88 373
120 108
After tax
127 950
112 790
140 127
108 392
Living cost
42 820
42 820
42 820
42 820
Free-cash
85 130
69 970
97 307
65 572

Estimated living cost  is ₽42820 per week

₽31274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3425
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.
₽7565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91478
₽83183
₽88705
₽83631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
34 659
health
-
-
-
11 656
surtax
-
-
-
-
other
-
-
-
7 083
social contributions
-
-
-
6 512
income
-
-
-
45 132
total
-
-
-
105 042
Employee
40 005
-
173 496
-
social contributions
1 141
-
4 942
-
surtax
-
-
-
-
pensions
4 523
-
13 453
-
income
2 361
-
39 491
-
total
8 025
-
57 886
-
Employer
40 005
-
173 496
-
pensions
6 572
-
22 400
-
social contributions
121
-
520
-
other
1 380
-
7 360
-
unemployment
1 619
-
7 026
-
health
2 801
-
17 697
-
total
12 493
-
55 003
-
Corporate
176 002
228 500
-
-
income
49 280
63 980
-
-
surtax
-
-
-
-
total
49 280
63 980
-
-
Dividends
126 722
164 520
-
-
withholding
16 220
21 059
-
-
surtax
-
-
-
-
social contributions
21 797
28 298
-
-
total
38 017
49 357
-
-
Income
228 500
228 500
228 500
228 500
Total tax
107 815
113 337
112 889
105 042
After tax
120 685
115 163
115 611
123 458
Living cost
31 980
31 980
31 980
31 980
Free-cash
88 705
83 183
83 631
91 478

Estimated living cost  is ₽31980 per week

₽20165
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.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8672
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94647
₽86352
₽91546
₽86800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
34 659
health
-
-
-
11 656
surtax
-
-
-
-
other
-
-
-
7 083
social contributions
-
-
-
6 512
income
-
-
-
45 132
total
-
-
-
105 042
Employee
35 710
-
173 496
-
social contributions
1 018
-
4 942
-
surtax
-
-
-
-
pensions
4 039
-
13 453
-
income
1 841
-
39 491
-
total
6 898
-
57 886
-
Employer
35 710
-
173 496
-
pensions
5 868
-
22 400
-
social contributions
106
-
520
-
other
1 233
-
7 360
-
unemployment
1 446
-
7 026
-
health
2 499
-
17 697
-
total
11 152
-
55 003
-
Corporate
181 638
228 500
-
-
income
50 859
63 980
-
-
surtax
-
-
-
-
total
50 859
63 980
-
-
Dividends
130 780
164 520
-
-
withholding
16 739
21 059
-
-
surtax
-
-
-
-
social contributions
22 495
28 298
-
-
total
39 234
49 357
-
-
Income
228 500
228 500
228 500
228 500
Total tax
108 143
113 337
112 889
105 042
After tax
120 357
115 163
115 611
123 458
Living cost
28 811
28 811
28 811
28 811
Free-cash
91 546
86 352
86 800
94 647

Estimated living cost  is ₽28811 per week

₽16709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126922
₽119585
₽120069
₽120334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 950
social contributions
-
-
-
31 533
income
-
-
-
34 275
total
-
-
-
81 758
Employee
31 693
-
228 500
-
social contributions
4 374
-
31 533
-
income
5 286
-
40 863
-
health
2 212
-
15 950
-
total
11 872
-
88 346
-
Employer
31 693
-
228 500
-
total
-
-
-
-
Corporate
196 807
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%.

9 841
11 425
-
-
total
9 841
11 425
-
-
Dividends
186 966
217 075
-
-
withholding
28 046
32 562
-
-
social contributions
25 802
29 956
-
-
health
13 050
15 152
-
-
total
66 898
77 670
-
-
Income
228 500
228 500
228 500
228 500
Total tax
88 611
89 095
88 346
81 758
After tax
139 889
139 405
140 154
146 742
Living cost
19 820
19 820
19 820
19 820
Free-cash
120 069
119 585
120 334
126 922

Estimated living cost  is ₽19820 per week

₽13265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
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.
₽4876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83826
₽92884
₽91439
₽26548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 202
health
-
-
-
8 353
surtax
-
-
-
184
unemployment
-
-
-
5 733
income
-
-
-
76 352
chamber of commerce
-
-
-
914
total
-
-
-
111 738
Employee
46 713
37 250
190 922
-
pensions
4 784
3 814
11 182
-
other
467
372
1 093
-
unemployment
1 401
1 117
3 276
-
income
5 318
2 748
64 819
-
health
1 808
1 442
4 225
-
total
13 778
9 493
84 595
-
Employer
46 713
37 250
190 922
-
payroll
1 401
1 117
5 728
-
chamber of commerce
186
149
765
-
pensions
5 862
4 676
13 704
-
surtax
184
184
184
-
other
2 219
1 768
8 374
-
unemployment
1 401
1 117
3 276
-
accident
607
484
1 419
-
health
1 765
1 408
4 128
-
total
13 625
10 903
37 578
-
Corporate
168 160
180 345
187 374
-
income

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

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

42 039
45 087
46 843
-
total
42 039
45 087
46 843
-
Dividends
126 121
135 258
-
-
withholding
34 683
37 197
-
-
total
34 683
37 197
-
-
Income
228 500
228 500
228 500
228 500
Total tax
104 125
102 680
169 016
111 738
After tax
124 375
125 820
59 484
116 762
Living cost
32 936
32 936
32 936
32 936
Free-cash
91 439
92 884
26 548
83 826

Estimated living cost  is ₽32936 per week

₽21967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65396
₽90296
₽79560
₽42805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 304
communal

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

-
-
-
12 312
national
-
-
-
93 407
total
-
-
-
129 023
Employee

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

66 861
-
176 981
-
national
20 556
-
67 735
-
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.

5 015
-
13 273
-
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.

582
-
1 540
-
communal

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

3 487
-
9 231
-
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.

3 141
-
8 317
-
total
32 781
-
100 096
-
Employer

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

66 861
-
176 981
-
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.

5 925
-
15 680
-
surtax
7 581
-
20 069
-
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.

976
-
2 584
-
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.

869
-
2 301
-
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.

4 112
-
10 884
-
total
19 463
-
51 518
-
Corporate
142 177
228 500
-
-
income
28 436
50 300
-
-
surtax
569
1 006
-
-
total
29 005
51 306
-
-
Dividends
113 171
177 194
-
-
withholding

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

33 610
52 817
-
-
total
33 610
52 817
-
-
Income
228 500
228 500
228 500
228 500
Total tax
114 859
104 123
151 614
129 023
After tax
113 641
124 377
76 886
99 477
Living cost
34 081
34 081
34 081
34 081
Free-cash
79 560
90 296
42 805
65 396

Estimated living cost  is ₽34081 per week

₽21953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93761
₽117783
₽111379
₽89838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 518
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
780
income
-
-
-
74 990
total
-
-
-
100 982
Employee
46 528
-
200 880
-
pensions
2 187
-
4 073
-
other
46
-
87
-
unemployment
722
-
1 343
-
income
9 817
-
71 782
-
total
12 772
-
77 285
-
Employer
46 528
-
200 880
-
pensions
10 980
-
20 447
-
other
371
-
694
-
unemployment
2 560
-
4 764
-
accident
921
-
1 715
-
total
14 832
-
27 620
-
Corporate
167 141
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.

25 071
34 275
-
-
total
25 071
34 275
-
-
Dividends
142 070
194 225
-
-
withholding
30 689
42 685
-
-
total
30 689
42 685
-
-
Income
228 500
228 500
228 500
228 500
Total tax
83 364
76 960
104 905
100 982
After tax
145 136
151 540
123 595
127 518
Living cost
33 757
33 757
33 757
33 757
Free-cash
111 379
117 783
89 838
93 761

Estimated living cost  is ₽33757 per week

₽24858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55829
₽77008
₽64151
₽64121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
33 275
health
-
-
-
15 597
surtax
-
-
-
11 432
accident
-
-
-
1 871
communal
-
-
-
14 441
income
-
-
-
45 258
total
-
-
-
121 874
Employee
70 786
-
204 108
-
surtax
4 339
-
12 509
-
pensions
5 662
-
16 328
-
income
6 837
-
51 269
-
health
3 150
-
9 084
-
total
19 988
-
89 190
-
Employer
70 786
-
204 108
-
pensions
5 662
-
16 328
-
accident
637
-
1 838
-
health
2 159
-
6 226
-
total
8 458
-
24 392
-
Corporate
149 257
228 500
-
-
communal
10 075
15 423
-
-
income
22 389
34 275
-
-
surtax
1 568
2 400
-
-
total
34 032
52 098
-
-
Dividends
115 225
176 401
-
-
withholding
17 284
26 460
-
-
income
33 790
22 137
-
-
total
51 074
48 597
-
-
Income
228 500
228 500
228 500
228 500
Total tax
113 552
100 695
113 582
121 874
After tax
114 948
127 805
114 918
106 626
Living cost
50 797
50 797
50 797
50 797
Free-cash
64 151
77 008
64 121
55 829

Estimated living cost  is ₽50797 per week

₽38105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86290
₽122731
₽119758
₽80577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 950
health
-
-
-
8 857
surtax
-
-
-
12 805
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
74 390
total
-
-
-
121 215
Employee
31 478
-
202 241
-
surtax
112
-
11 686
-
pensions
2 100
-
8 321
-
other
-
-
-
-
unemployment
2 191
-
8 683
-
income
5 277
-
68 799
-
health
804
-
3 180
-
total
10 484
-
100 669
-
Employer
31 478
-
202 241
-
pensions
4 197
-
16 629
-
other
-
-
-
-
unemployment
999
-
3 954
-
health
1 431
-
5 676
-
total
6 627
-
26 259
-
Corporate
190 395
228 500
-
-
income
49 503
59 410
-
-
total
49 503
59 410
-
-
Dividends
140 891
169 090
-
-
withholding
21 133
25 364
-
-
total
21 133
25 364
-
-
Income
228 500
228 500
228 500
228 500
Total tax
87 747
84 774
126 928
121 215
After tax
140 753
143 726
101 572
107 285
Living cost
20 995
20 995
20 995
20 995
Free-cash
119 758
122 731
80 577
86 290

Estimated living cost  is ₽20995 per week

₽12676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85372
₽94925
₽92849
₽77490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 455
regional
-
-
-
3 689
social contributions
-
-
-
46 782
national
-
-
-
66 023
total
-
-
-
117 949
Employee
51 850
-
228 500
-
social contributions
17 484
-
61 333
-
municipal
275
-
1 337
-
regional
698
-
3 394
-
national
8 215
-
59 767
-
total
26 672
-
125 831
-
Employer
51 850
-
228 500
-
total
-
-
-
-
Corporate
176 650
228 500
-
-
nationa
42 396
54 841
-
-
municipal
8 780
11 356
-
-
total
51 176
66 197
-
-
Dividends
125 473
162 303
-
-
withholding
32 624
42 199
-
-
total
32 624
42 199
-
-
Income
228 500
228 500
228 500
228 500
Total tax
110 472
108 396
125 831
117 949
After tax
118 028
120 104
102 669
110 551
Living cost
25 179
25 179
25 179
25 179
Free-cash
92 849
94 925
77 490
85 372

Estimated living cost  is ₽25179 per week

₽15659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107488
₽128699
₽118488
₽97313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 848
social contributions
-
-
-
33 424
solidarity contribution
-
-
-
3 483
income
-
-
-
24 634
total
-
-
-
92 389
Employee
42 093
-
183 379
-
social contributions
2 736
-
7 440
-
income
5 051
-
22 677
-
solidarity contribution
-
-
2 570
-
health
5 683
-
24 756
-
total
13 470
-
57 443
-
Employer
42 093
-
183 379
-
social contributions
10 523
-
28 617
-
health
3 788
-
16 504
-
total
14 311
-
45 121
-
Corporate
172 095
228 500
-
-
income
32 698
43 415
-
-
total
32 698
43 415
-
-
Dividends
139 397
185 085
-
-
withholding
20 910
27 763
-
-
total
20 910
27 763
-
-
Income
228 500
228 500
228 500
228 500
Total tax
81 389
71 178
102 564
92 389
After tax
147 111
157 322
125 936
136 111
Living cost
28 623
28 623
28 623
28 623
Free-cash
118 488
128 699
97 313
107 488

Estimated living cost  is ₽28623 per week

₽21286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
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.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87125
₽96100
₽95635
₽29705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 202
health
-
-
-
8 353
surtax
-
-
-
-
unemployment
-
-
-
5 733
income
-
-
-
76 352
chamber of commerce
-
-
-
914
total
-
-
-
111 554
Employee
40 859
37 250
191 094
-
pensions
4 184
3 814
11 182
-
other
408
372
1 093
-
unemployment
1 226
1 117
3 276
-
income
3 640
2 748
64 905
-
health
1 580
1 442
4 225
-
total
11 038
9 493
84 681
-
Employer
40 859
37 250
191 094
-
payroll
1 226
1 117
5 733
-
chamber of commerce
163
149
765
-
pensions
5 128
4 676
13 704
-
surtax
-
-
-
-
other
1 941
1 768
8 381
-
unemployment
1 226
1 117
3 276
-
accident
530
484
1 419
-
health
1 545
1 408
4 128
-
total
11 759
10 719
37 406
-
Corporate
175 882
180 529
187 546
-
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.

43 971
45 133
46 887
-
total
43 971
45 133
46 887
-
Dividends
131 911
135 396
-
-
withholding
36 276
37 234
-
-
total
36 276
37 234
-
-
Income
228 500
228 500
228 500
228 500
Total tax
103 044
102 579
168 974
111 554
After tax
125 456
125 921
59 526
116 946
Living cost
29 821
29 821
29 821
29 821
Free-cash
95 635
96 100
29 705
87 125

Estimated living cost  is ₽29821 per week

₽17889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽214313
₽205173
₽202941
₽170898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 878
-
228 500
-
income
2 976
-
45 700
-
total
2 976
-
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%.

213 622
228 500
-
-
total
-
-
-
-
Dividends
213 622
228 500
-
-
withholding
10 681
11 425
-
-
total
10 681
11 425
-
-
Income
228 500
228 500
228 500
228 500
Total tax
13 657
11 425
45 700
2 285
After tax
214 843
217 075
182 800
226 215
Living cost
11 902
11 902
11 902
11 902
Free-cash
202 941
205 173
170 898
214 313

Estimated living cost  is ₽11902 per week

₽8054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79091
₽132251
₽124432
₽74130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
41 731
health
-
-
-
22 485
unemployment
-
-
-
342
income
-
-
-
59 780
total
-
-
-
124 338
Employee

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

41 334
-
197 716
-
pensions
6 407
-
30 646
-
unemployment
59
-
277
-
income
7 128
-
54 820
-
health
2 670
-
12 771
-
total
16 264
-
98 514
-
Employer

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

41 334
-
197 716
-
pensions
3 658
-
17 499
-
unemployment
25
-
119
-
health
2 753
-
13 167
-
total
6 436
-
30 785
-
Corporate
180 731
228 500
-
-
income
34 339
43 416
-
-
total
34 339
43 416
-
-
Dividends
146 392
185 084
-
-
withholding
21 958
27 762
-
-
total
21 958
27 762
-
-
Income
228 500
228 500
228 500
228 500
Total tax
78 997
71 178
129 299
124 338
After tax
149 503
157 322
99 201
104 162
Living cost
25 071
25 071
25 071
25 071
Free-cash
124 432
132 251
74 130
79 091

Estimated living cost  is ₽25071 per week

₽17206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117130
₽98237
₽53279
₽175284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 476
-
-
-
social contributions
4 795
-
683
-
income
12 899
-
-
-
total
17 694
-
683
-
Employer
58 476
-
-
-
social contributions
82 451
-
11 751
-
total
82 451
-
11 751
-
Corporate
87 574
228 500
-
-
income
19 266
50 270
-
-
total
19 266
50 270
-
-
Dividends
68 307
178 230
-
-
income
15 028
39 211
-
-
total
15 028
39 211
-
-
Income
228 500
228 500
228 500
228 500
Total tax
134 439
89 481
12 434
70 588
After tax
94 061
139 019
216 066
157 912
Living cost
40 782
40 782
40 782
40 782
Free-cash
53 279
98 237
175 284
117 130

Estimated living cost  is ₽40782 per week

₽26461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88955
₽100651
₽99711
₽70431
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
79 405
income
-
-
-
30 821
total
-
-
-
110 226
Employee
42 990
-
184 646
-
social contributions
4 729
-
20 312
-
surtax
-
-
561
-
income
8 942
-
64 023
-
total
13 671
-
84 896
-
Employer
42 990
-
184 646
-
social contributions
10 210
-
43 854
-
total
10 210
-
43 854
-
Corporate
175 300
228 500
-
-
income
36 814
47 985
-
-
surtax
-
-
-
-
total
36 814
47 985
-
-
Dividends
138 486
180 515
-
-
withholding
38 775
50 545
-
-
total
38 775
50 545
-
-
Income
228 500
228 500
228 500
228 500
Total tax
99 470
98 530
128 750
110 226
After tax
129 030
129 970
99 750
118 274
Living cost
29 319
29 319
29 319
29 319
Free-cash
99 711
100 651
70 431
88 955

Estimated living cost  is ₽29319 per week

₽21937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78312
₽70017
₽76443
₽70465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
34 659
health
-
-
-
11 656
surtax
-
-
-
-
other
-
-
-
7 083
social contributions
-
-
-
6 512
income
-
-
-
45 132
total
-
-
-
105 042
Employee
58 543
-
173 496
-
social contributions
1 667
-
4 942
-
surtax
-
-
-
-
pensions
6 622
-
13 453
-
income
5 108
-
39 491
-
total
13 397
-
57 886
-
Employer
58 543
-
173 496
-
pensions
9 619
-
22 400
-
social contributions
176
-
520
-
other
2 020
-
7 360
-
unemployment
2 372
-
7 026
-
health
4 097
-
17 697
-
total
18 284
-
55 003
-
Corporate
151 672
228 500
-
-
income
42 469
63 980
-
-
surtax
-
-
-
-
total
42 469
63 980
-
-
Dividends
109 204
164 520
-
-
withholding
13 978
21 059
-
-
surtax
-
-
-
-
social contributions
18 783
28 298
-
-
total
32 761
49 357
-
-
Income
228 500
228 500
228 500
228 500
Total tax
106 911
113 337
112 889
105 042
After tax
121 589
115 163
115 611
123 458
Living cost
45 146
45 146
45 146
45 146
Free-cash
76 443
70 017
70 465
78 312

Estimated living cost  is ₽45146 per week

₽30554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3693
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137986
₽177553
₽174413
₽144058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
social contributions
-
-
-
50 270
income
-
-
-
12 147
total
-
-
-
62 417
Employee
30 050
-
197 836
-
social contributions
1 953
-
12 860
-
income
-
-
12 821
-
total
1 953
-
25 681
-
Employer
30 050
-
197 836
-
social contributions
4 658
-
30 664
-
total
4 658
-
30 664
-
Corporate
193 792
228 500
-
-
income
19 379
22 850
-
-
total
19 379
22 850
-
-
Dividends
174 413
205 650
-
-
total
-
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
25 990
22 850
56 345
62 417
After tax
202 510
205 650
172 155
166 083
Living cost
28 097
28 097
28 097
28 097
Free-cash
174 413
177 553
144 058
137 986

Estimated living cost  is ₽28097 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86100
₽25077
₽13268
₽25077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
49 499
pensions
-
-
-
809
labour market
-
-
-
18 215
national
-
-
-
28 912
total
-
-
-
97 435
Employee
189 787
189 787
189 787
-
municipal
40 414
40 414
40 414
-
national
23 186
23 186
23 186
-
pensions
270
270
270
-
labour market
15 161
15 161
15 161
-
total
79 031
79 031
79 031
-
Employer
189 787
189 787
189 787
-
labour market
15 183
15 183
15 183
-
pensions
540
540
540
-
municipal
40 478
40 478
40 478
-
national
23 226
23 226
23 226
-
total
79 427
79 427
79 427
-
Corporate
25 077
-
-
-
income
5 517
-
-
-
total
5 517
-
-
-
Dividends
19 560
-
-
-
withholding
6 292
-
-
-
total
6 292
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
170 267
158 458
158 458
97 435
After tax
58 233
70 042
70 042
131 065
Living cost
44 965
44 965
44 965
44 965
Free-cash
13 268
25 077
25 077
86 100

Estimated living cost  is ₽44965 per week

₽30775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135377
-₽2097
₽15348
₽105655
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 956
health
-
-
-
2 073
other
-
-
-
352
accident
-
-
-
240
income
-
-
-
65 896
total
-
-
-
72 517
Employee
32 415
-
209 399
-
pensions
3 650
-
7 253
-
income
4 447
-
51 909
-
health
3 712
-
23 976
-
total
11 809
-
83 138
-
Employer
32 415
-
209 399
-
pensions
5 271
-
10 474
-
unemployment
794
-
5 130
-
accident
541
-
3 497
-
total
6 606
-
19 101
-
Corporate
189 479
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.

170 531
205 650
-
-
total
170 531
205 650
-
-
Dividends
18 948
22 850
-
-
withholding
3 600
4 341
-
-
total
3 600
4 341
-
-
Income
228 500
228 500
228 500
228 500
Total tax
192 546
209 991
102 239
72 517
After tax
35 954
18 509
126 261
155 983
Living cost
20 606
20 606
20 606
20 606
Free-cash
15 348
-2 097
105 655
135 377

Estimated living cost  is ₽20606 per week

₽14999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102217
₽103120
₽106218
₽76043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
40 567
health
-
-
-
3 129
national
-
-
-
46 701
total
-
-
-
90 397
Employee
49 178
-
192 229
-
municipal
8 055
-
31 285
-
national
812
-
30 586
-
pensions
3 319
-
12 975
-
unemployment
738
-
2 884
-
health
367
-
2 570
-
total
13 291
-
80 300
-
Employer
49 178
-
192 229
-
pensions
8 532
-
33 351
-
unemployment
319
-
1 249
-
accident
50
-
192
-
health
378
-
1 479
-
total
9 279
-
36 271
-
Corporate
170 044
228 500
-
-
income
34 009
45 700
-
-
total
34 009
45 700
-
-
Dividends

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

102 026
137 100
-
-
municipal
18 364
24 677
-
-
national
11 453
19 117
-
-
total
29 817
43 794
-
-
Income
228 500
228 500
228 500
228 500
Total tax
86 396
89 494
116 571
90 397
After tax
142 104
139 006
111 929
138 103
Living cost
35 886
35 886
35 886
35 886
Free-cash
106 218
103 120
76 043
102 217

Estimated living cost  is ₽35886 per week

₽23441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131341
₽144844
₽139758
₽129505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 827
social contributions
-
-
-
15 123
income
-
-
-
54 568
total
-
-
-
75 518
Employee
71 876
71 876
216 451
-
social contributions
2 717
5 965
8 046
-
income
7 826
6 654
53 580
-
health
557
1 222
3 679
-
total
11 100
13 841
65 305
-
Employer
71 876
71 876
216 451
-
social contributions
2 717
5 965
8 046
-
health
605
1 330
4 003
-
total
3 322
7 295
12 049
-
Corporate
192 436
149 329
-
-
income
24 055
18 666
-
-
total
24 055
18 666
-
-
Dividends
168 381
130 663
-
-
withholding
28 624
22 213
-
-
total
28 624
22 213
-
-
Income
228 500
228 500
228 500
228 500
Total tax
67 101
62 015
77 354
75 518
After tax
161 399
166 485
151 146
152 982
Living cost
21 641
21 641
21 641
21 641
Free-cash
139 758
144 844
129 505
131 341

Estimated living cost  is ₽21641 per week

₽12970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2123
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽180527
₽174379
₽169625
₽161780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 946
health
-
-
-
3 383
unemployment
-
-
-
27
income
-
-
-
23 776
total
-
-
-
33 132
Employee

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

21 455
-
219 365
-
pensions
3 218
-
13 304
-
unemployment
106
-
443
-
income
1 467
-
21 458
-
health
1 823
-
7 539
-
total
6 614
-
42 744
-
Employer

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

21 455
-
219 365
-
pensions
1 180
-
4 878
-
unemployment
106
-
443
-
health
922
-
3 814
-
total
2 208
-
9 135
-
Corporate
204 837
228 500
-
-
income
18 435
20 566
-
-
total
18 435
20 566
-
-
Dividends
186 401
207 934
-
-
withholding
16 777
18 714
-
-
total
16 777
18 714
-
-
Income
228 500
228 500
228 500
228 500
Total tax
44 034
39 280
51 879
33 132
After tax
184 466
189 220
176 621
195 368
Living cost
14 841
14 841
14 841
14 841
Free-cash
169 625
174 379
161 780
180 527

Estimated living cost  is ₽14841 per week

₽9469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101814
₽125836
₽121708
₽97891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 518
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
780
income
-
-
-
74 990
total
-
-
-
100 982
Employee
34 562
-
200 880
-
pensions
1 625
-
4 073
-
other
34
-
87
-
unemployment
536
-
1 343
-
income
6 663
-
71 782
-
total
8 858
-
77 285
-
Employer
34 562
-
200 880
-
pensions
8 156
-
20 447
-
other
277
-
694
-
unemployment
1 902
-
4 764
-
accident
685
-
1 715
-
total
11 020
-
27 620
-
Corporate
182 919
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.

27 437
34 275
-
-
total
27 437
34 275
-
-
Dividends
155 482
194 225
-
-
withholding
33 773
42 685
-
-
total
33 773
42 685
-
-
Income
228 500
228 500
228 500
228 500
Total tax
81 088
76 960
104 905
100 982
After tax
147 412
151 540
123 595
127 518
Living cost
25 704
25 704
25 704
25 704
Free-cash
121 708
125 836
97 891
101 814

Estimated living cost  is ₽25704 per week

₽17350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145635
₽140763
₽140464
₽145506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 328
health
-
-
-
963
income
-
-
-
78 753
total
-
-
-
81 044
Employee
2 773
-
227 006
-
pensions
250
-
598
-
unemployment
28
-
66
-
income
536
-
78 683
-
health
139
-
332
-
total
953
-
79 679
-
Employer
2 773
-
227 006
-
pensions
305
-
730
-
unemployment
55
-
133
-
health
263
-
631
-
total
623
-
1 494
-
Corporate
225 103
228 500
-
-
income
49 523
50 270
-
-
total
49 523
50 270
-
-
Dividends
175 580
178 230
-
-
withholding
35 116
35 646
-
-
total
35 116
35 646
-
-
Income
228 500
228 500
228 500
228 500
Total tax
86 215
85 916
81 173
81 044
After tax
142 285
142 584
147 327
147 456
Living cost
1 821
1 821
1 821
1 821
Free-cash
140 464
140 763
145 506
145 635

Estimated living cost  is ₽1821 per week

₽1082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133026
₽148936
₽144339
₽133027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
17 949
health
-
-
-
7 111
unemployment
-
-
-
1 036
income
-
-
-
53 223
total
-
-
-
79 319
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.

24 361
-
216 143
-
pensions
3 410
-
9 665
-
unemployment
183
-
518
-
income
3 358
-
53 223
-
health
1 255
-
3 555
-
total
8 206
-
66 961
-
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.

24 361
-
216 143
-
pensions
2 923
-
8 284
-
unemployment
183
-
518
-
health
1 255
-
3 555
-
total
4 361
-
12 357
-
Corporate
199 779
228 500
-
-
income
29 967
34 275
-
-
total
29 967
34 275
-
-
Dividends
169 812
194 225
-
-
withholding
25 472
29 134
-
-
total
25 472
29 134
-
-
Income
228 500
228 500
228 500
228 500
Total tax
68 006
63 409
79 318
79 319
After tax
160 494
165 091
149 182
149 181
Living cost
16 155
16 155
16 155
16 155
Free-cash
144 339
148 936
133 027
133 026

Estimated living cost  is ₽16155 per week

₽10877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1250
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93075
₽104771
₽104436
₽74551
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
79 405
income
-
-
-
30 821
total
-
-
-
110 226
Employee
36 279
-
184 646
-
social contributions
3 991
-
20 312
-
surtax
-
-
561
-
income
7 089
-
64 023
-
total
11 080
-
84 896
-
Employer
36 279
-
184 646
-
social contributions
8 615
-
43 854
-
total
8 615
-
43 854
-
Corporate
183 606
228 500
-
-
income
38 557
47 985
-
-
surtax
-
-
-
-
total
38 557
47 985
-
-
Dividends
145 049
180 515
-
-
withholding
40 613
50 545
-
-
total
40 613
50 545
-
-
Income
228 500
228 500
228 500
228 500
Total tax
98 865
98 530
128 750
110 226
After tax
129 635
129 970
99 750
118 274
Living cost
25 199
25 199
25 199
25 199
Free-cash
104 436
104 771
74 551
93 075

Estimated living cost  is ₽25199 per week

₽17848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94668
₽118690
₽112576
₽90745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 518
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
780
income
-
-
-
74 990
total
-
-
-
100 982
Employee
45 143
-
200 880
-
pensions
2 121
-
4 073
-
other
44
-
87
-
unemployment
699
-
1 343
-
income
9 429
-
71 782
-
total
12 293
-
77 285
-
Employer
45 143
-
200 880
-
pensions
10 653
-
20 447
-
other
362
-
694
-
unemployment
2 483
-
4 764
-
accident
894
-
1 715
-
total
14 392
-
27 620
-
Corporate
168 965
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.

25 344
34 275
-
-
total
25 344
34 275
-
-
Dividends
143 620
194 225
-
-
withholding
31 045
42 685
-
-
total
31 045
42 685
-
-
Income
228 500
228 500
228 500
228 500
Total tax
83 074
76 960
104 905
100 982
After tax
145 426
151 540
123 595
127 518
Living cost
32 850
32 850
32 850
32 850
Free-cash
112 576
118 690
90 745
94 668

Estimated living cost  is ₽32850 per week

₽23592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2554
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.
₽6242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169414
₽179279
₽173580
₽179063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 835
health
-
-
-
3 757
unemployment
-
-
-
131
income
-
-
-
34 275
total
-
-
-
42 998
Employee
21 302
-
222 091
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 870
-
2 868
-
income
2 131
-
22 210
-
health
980
-
1 503
-
total
5 215
-
26 940
-
Employer
21 302
-
222 091
-
pensions

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

2 347
-
3 600
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 470
-
2 254
-
total
4 179
-
6 409
-
Corporate
203 018
228 500
-
-
income
20 302
22 850
-
-
total
20 302
22 850
-
-
Dividends
182 716
205 650
-
-
withholding
9 136
10 283
-
-
total
9 136
10 283
-
-
Income
228 500
228 500
228 500
228 500
Total tax
38 832
33 133
33 349
42 998
After tax
189 668
195 367
195 151
185 502
Living cost
16 088
16 088
16 088
16 088
Free-cash
173 580
179 279
179 063
169 414

Estimated living cost  is ₽16088 per week

₽10640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77486
₽81406
₽93635
₽104040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
26 554
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.

-
-
-
6 386
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.

-
-
-
4 275
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.

-
-
-
77 712
total
-
-
-
114 927
Employee

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

46 508
-
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.

211
-
4 275
-
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.

3 824
-
77 712
-
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.

6 386
-
6 386
-
total
10 421
-
88 373
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 992
228 500
-
-
trade
26 116
32 789
-
-
income
27 299
34 275
-
-
chamber of commerce
408
477
-
-
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.

1 501
1 886
-
-
total
55 324
69 427
-
-
Dividends
126 668
159 073
-
-
withholding
31 311
39 412
-
-
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.

1 722
2 168
-
-
total
33 033
41 580
-
-
Income
228 500
228 500
228 500
228 500
Total tax
98 778
111 007
88 373
114 927
After tax
129 722
117 493
140 127
113 573
Living cost
36 087
36 087
36 087
36 087
Free-cash
93 635
81 406
104 040
77 486

Estimated living cost  is ₽36087 per week

₽24894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59700
₽106705
₽108768
₽59700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 603
income
-
-
-
75 951
total
-
-
-
115 554
Employee
73 116
-
228 500
-
social contributions
6 074
-
39 603
-
income
13 797
-
75 951
-
total
19 871
-
115 554
-
Employer
73 116
-
228 500
-
total
-
-
-
-
Corporate
155 384
228 500
-
-
income
19 423
28 562
-
-
total
19 423
28 562
-
-
Dividends
135 961
199 938
-
-
withholding
27 192
39 987
-
-
total
27 192
39 987
-
-
Income
228 500
228 500
228 500
228 500
Total tax
66 486
68 549
115 554
115 554
After tax
162 014
159 951
112 946
112 946
Living cost
53 246
53 246
53 246
53 246
Free-cash
108 768
106 705
59 700
59 700

Estimated living cost  is ₽53246 per week

₽40508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154561
₽109655
₽112923
₽124640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 733
income
-
-
-
34 275
total
-
-
-
40 008
Employee
42 879
-
224 200
-
social contributions
4 296
-
4 300
-
income
4 653
-
61 329
-
total
8 949
-
65 629
-
Employer
42 879
-
224 200
-
social contributions
4 296
-
4 300
-
total
4 296
-
4 300
-
Corporate
181 324
228 500
-
-
income
63 463
79 976
-
-
total
63 463
79 976
-
-
Dividends
117 861
148 524
-
-
social contributions
4 938
4 938
-
-
total
4 938
4 938
-
-
Income
228 500
228 500
228 500
228 500
Total tax
81 646
84 914
69 929
40 008
After tax
146 854
143 586
158 571
188 492
Living cost
33 931
33 931
33 931
33 931
Free-cash
112 923
109 655
124 640
154 561

Estimated living cost  is ₽33931 per week

₽22350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112279
₽108172
₽113641
₽91961
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 625
income
-
-
-
72 298
total
-
-
-
81 923
Employee
47 078
-
199 000
-
pensions
3 593
-
11 358
-
income
8 573
-
58 753
-
health
614
-
2 630
-
total
12 780
-
72 741
-
Employer
47 078
-
199 000
-
pensions
4 756
-
25 720
-
health
895
-
3 780
-
total
5 651
-
29 500
-
Corporate
175 770
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.

33 397
43 416
-
-
total
33 397
43 416
-
-
Dividends
142 374
185 084
-
-
withholding
28 733
42 614
-
-
total
28 733
42 614
-
-
Income
228 500
228 500
228 500
228 500
Total tax
80 561
86 030
102 241
81 923
After tax
147 939
142 470
126 259
146 577
Living cost
34 298
34 298
34 298
34 298
Free-cash
113 641
108 172
91 961
112 279

Estimated living cost  is ₽34298 per week

₽23528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽133336
-₽4138
₽15035
₽103614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 956
health
-
-
-
2 073
other
-
-
-
352
accident
-
-
-
240
income
-
-
-
65 896
total
-
-
-
72 517
Employee
35 624
-
209 399
-
pensions
4 011
-
7 253
-
income
4 887
-
51 909
-
health
4 079
-
23 976
-
total
12 977
-
83 138
-
Employer
35 624
-
209 399
-
pensions
5 792
-
10 474
-
unemployment
873
-
5 130
-
accident
595
-
3 497
-
total
7 260
-
19 101
-
Corporate
185 616
228 500
-
-
income

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

167 055
205 650
-
-
total
167 055
205 650
-
-
Dividends
18 562
22 850
-
-
withholding
3 527
4 341
-
-
total
3 527
4 341
-
-
Income
228 500
228 500
228 500
228 500
Total tax
190 819
209 991
102 239
72 517
After tax
37 681
18 509
126 261
155 983
Living cost
22 646
22 646
22 646
22 646
Free-cash
15 035
-4 138
103 614
133 336

Estimated living cost  is ₽22646 per week

₽16620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
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.
₽4251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136177
₽162189
₽159365
₽156711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
27 478
health insurance
-
-
-
11 051
work injury
-
-
-
747
unemployment
-
-
-
1 792
income
-
-
-
38 642
total
-
-
-
79 710
Employee

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

20 182
-
228 500
-
pensions
3 713
-
13 739
-
health insurance
1 493
-
5 526
-
unemployment
242
-
896
-
income
2 018
-
38 642
-
work injury
101
-
373
-
total
7 567
-
59 176
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
208 318
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%.

20 832
22 850
-
-
total
20 832
22 850
-
-
Dividends
187 487
205 650
-
-
withholding
28 123
30 848
-
-
total
28 123
30 848
-
-
Income
228 500
228 500
228 500
228 500
Total tax
56 522
53 698
59 176
79 710
After tax
171 978
174 802
169 324
148 790
Living cost
12 613
12 613
12 613
12 613
Free-cash
159 365
162 189
156 711
136 177

Estimated living cost  is ₽12613 per week

₽7814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71084
₽83120
₽78870
₽63404
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 635
regional
-
-
-
5 739
social contributions
-
-
-
46 782
national
-
-
-
66 023
total
-
-
-
120 179
Employee
78 766
-
228 500
-
social contributions
26 559
-
61 333
-
municipal
470
-
1 504
-
regional
1 189
-
5 255
-
national
13 311
-
59 767
-
total
41 529
-
127 859
-
Employer
78 766
-
228 500
-
total
-
-
-
-
Corporate
149 734
228 500
-
-
nationa
35 936
54 841
-
-
municipal
7 218
11 014
-
-
total
43 154
65 855
-
-
Dividends
106 581
162 646
-
-
withholding
27 710
42 288
-
-
total
27 710
42 288
-
-
Income
228 500
228 500
228 500
228 500
Total tax
112 393
108 143
127 859
120 179
After tax
116 107
120 357
100 641
108 321
Living cost
37 237
37 237
37 237
37 237
Free-cash
78 870
83 120
63 404
71 084

Estimated living cost  is ₽37237 per week

₽26157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close