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
₽86723
₽111758
₽82640
₽97106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
228 500
income

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

-
-
-
77 642
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.

-
-
-
4 270
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.

-
-
-
6 410
trade
-
-
-
29 118
total
-
-
-
117 440
Employee

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

35 888
-
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
-
4 270
-
income

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

1 002
-
77 642
-
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.

6 410
-
6 410
-
total
7 467
-
88 322
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 612
228 500
-
-
income
28 892
34 275
-
-
surtax

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

1 588
1 886
-
-
chamber of commerce
418
470
-
-
trade
30 336
35 988
-
-
total
61 234
72 619
-
-
Dividends
131 376
155 881
-
-
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.

1 786
2 124
-
-
withholding
32 487
38 614
-
-
total
34 273
40 738
-
-
Income
228 500
228 500
228 500
228 500
Total tax
102 974
113 357
88 322
117 440
After tax
125 526
115 143
140 178
111 060
Living cost
28 420
28 420
28 420
28 420
Free-cash
97 106
86 723
111 758
82 640

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92628
₽80944
₽79719
₽91798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
social contributions
-
-
-
2 456
municipal
-
-
-
25 421
national
-
-
-
43 528
pensions
-
-
-
27 420
total
-
-
-
98 825
Employee
77 442
-
197 536
-
municipal
9 565
-
26 306
-
pensions
3 098
-
7 901
-
national
14 822
-
45 466
-
total
27 485
-
79 673
-
Employer
77 442
-
197 536
-
pensions
6 195
-
15 803
-
social contributions
832
-
2 124
-
total
7 027
-
17 927
-
Corporate
138 919
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%.

27 784
45 700
-
-
total
27 784
45 700
-
-
Dividends
111 136
182 800
-
-
withholding
24 450
40 216
-
-
total
24 450
40 216
-
-
Income
228 500
228 500
228 500
228 500
Total tax
86 746
85 916
97 600
98 825
After tax
141 754
142 584
130 900
129 675
Living cost
49 956
49 956
49 956
49 956
Free-cash
91 798
92 628
80 944
79 719

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163280
₽80742
₽64762
₽155582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
228 500
income
-
-
-
49 999
surtax
-
-
-
58 267
social contributions

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

-
-
-
35 951
microenterprise
-
-
-
-
total
-
-
-
144 217
Employee
27 418
-
181 586
-
surtax
-
-
26 330
-
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.

3 016
-
12 300
-
income
4 881
-
42 693
-
total
7 897
-
81 323
-
Employer
27 418
-
181 586
-
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.

6 604
-
26 939
-
surtax
-
-
19 975
-
total
6 604
-
46 914
-
Corporate
194 478
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%.

38 896
45 699
-
-
total
38 896
45 699
-
-
Dividends

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

155 582
182 801
-
-
total
-
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
53 397
45 699
128 237
144 217
After tax
175 103
182 801
100 263
84 283
Living cost
19 521
19 521
19 521
19 521
Free-cash
155 582
163 280
80 742
64 762

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74763
₽106799
₽82445
₽69014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
84 185
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
106 748
Employee
80 127
80 127
211 062
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
42 394
-
health
12 299
10 461
11 570
-
total
39 838
34 570
64 957
-
Employer
80 127
80 127
211 062
-
health
5 570
5 570
6 921
-
pensions
5 577
5 577
6 932
-
unemployment
2 885
2 885
3 584
-
total
14 032
14 032
17 437
-
Corporate
135 324
134 341
-
-
income
27 065
26 868
-
-
total
27 065
26 868
-
-
Dividends
108 259
107 474
-
-
income
23 005
22 838
-
-
withholding
16 239
16 122
-
-
total
39 244
38 960
-
-
Income
228 500
228 500
228 500
228 500
Total tax
120 179
114 430
82 394
106 748
After tax
108 321
114 070
146 106
121 752
Living cost
39 307
39 307
39 307
39 307
Free-cash
69 014
74 763
106 799
82 445

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽87277
₽75052
₽75961
₽86435
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
accident
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
61 042
national
-
-
-
30 214
pensions
-
-
-
8 881
total
-
-
-
115 055
Employee
53 411
-
202 688
-
municipal
15 927
-
60 441
-
national
-
-
29 711
-
total
15 927
-
90 152
-
Employer
53 411
-
202 688
-
health
3 285
-
5 052
-
pensions
5 774
-
8 881
-
accident
107
-
164
-
unemployment
1 410
-
2 169
-
other
6 206
-
9 546
-
total
16 782
-
25 812
-
Corporate
158 307
228 500
-
-
income
34 828
50 270
-
-
total
34 828
50 270
-
-
Dividends
123 479
178 230
-
-
withholding
37 044
53 469
-
-
total
37 044
53 469
-
-
Income
228 500
228 500
228 500
228 500
Total tax
104 581
103 739
115 964
115 055
After tax
123 919
124 761
112 536
113 445
Living cost
37 484
37 484
37 484
37 484
Free-cash
86 435
87 277
75 052
75 961

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77107
₽103318
₽72904
₽90291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
228 500
income

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

-
-
-
77 642
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.

-
-
-
4 270
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.

-
-
-
6 410
trade
-
-
-
30 413
total
-
-
-
118 735
Employee

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

47 583
-
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.

224
-
4 270
-
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.

4 088
-
77 642
-
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.

6 410
-
6 410
-
total
10 722
-
88 322
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 917
228 500
-
-
income
27 138
34 275
-
-
surtax

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

1 492
1 886
-
-
chamber of commerce
401
468
-
-
trade
29 761
37 589
-
-
total
58 792
74 218
-
-
Dividends
122 124
154 282
-
-
surtax

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

1 660
2 101
-
-
withholding
30 174
38 214
-
-
total
31 834
40 315
-
-
Income
228 500
228 500
228 500
228 500
Total tax
101 348
114 533
88 322
118 735
After tax
127 152
113 967
140 178
109 765
Living cost
36 860
36 860
36 860
36 860
Free-cash
90 291
77 107
103 318
72 904

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136053
₽120740
₽122581
₽132162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
54 478
social contributions
-
-
-
15 181
health
-
-
-
5 826
total
-
-
-
75 485
Employee
72 151
72 151
216 419
-
social contributions
3 506
5 988
8 077
-
income
7 576
6 679
53 488
-
health
718
1 227
3 679
-
total
11 800
13 894
65 244
-
Employer
72 151
72 151
216 419
-
health
782
1 335
4 005
-
social contributions
3 506
5 988
8 077
-
total
4 288
7 323
12 082
-
Corporate
181 978
149 025
-
-
income
22 747
18 629
-
-
total
22 747
18 629
-
-
Dividends
159 231
130 396
-
-
withholding
27 069
22 167
-
-
total
27 069
22 167
-
-
Income
228 500
228 500
228 500
228 500
Total tax
65 904
62 013
77 326
75 485
After tax
162 596
166 487
151 174
153 015
Living cost
30 434
30 434
30 434
30 434
Free-cash
132 162
136 053
120 740
122 581

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111406
₽115646
₽141477
₽111755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
27 934
unemployment
-
-
-
3 427
health
-
-
-
15 995
pensions
-
-
-
22 850
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.

24 275
9 661
191 213
-
unemployment
364
145
2 868
-
pensions
2 428
966
19 121
-
income
2 968
1 181
23 376
-
health
1 699
676
13 385
-
total
7 459
2 968
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.

24 275
9 661
191 213
-
pensions
4 734
1 884
37 287
-
total
4 734
1 884
37 287
-
Corporate
199 491
216 955
-
-
income
17 954
19 526
-
-
total
17 954
19 526
-
-
Dividends
181 537
197 429
-
-
social contributions
35 289
38 388
-
-
withholding
34 492
37 511
-
-
total
69 781
75 899
-
-
Income
228 500
228 500
228 500
228 500
Total tax
99 928
100 277
96 037
70 206
After tax
128 572
128 223
132 463
158 294
Living cost
16 817
16 817
16 817
16 817
Free-cash
111 755
111 406
115 646
141 477

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160137
₽109040
₽99814
₽154306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
30 619
health
-
-
-
29 704
pensions
-
-
-
45 699
total
-
-
-
106 022
Employee
26 618
-
170 778
-
unemployment
426
-
2 733
-
pensions
532
-
3 415
-
income
2 997
-
32 925
-
total
3 955
-
39 073
-
Employer
26 618
-
170 778
-
health
3 460
-
22 201
-
pensions
5 324
-
34 156
-
unemployment
214
-
1 366
-
total
8 998
-
57 723
-
Corporate
192 884
228 500
-
-
income
38 577
45 699
-
-
total
38 577
45 699
-
-
Dividends
154 307
182 801
-
-
total
-
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
51 530
45 699
96 796
106 022
After tax
176 970
182 801
131 704
122 478
Living cost
22 664
22 664
22 664
22 664
Free-cash
154 306
160 137
109 040
99 814

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
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.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2440
₽105306
₽135036
₽15296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
accident
-
-
-
240
income
-
-
-
65 884
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
72 516
Employee
32 952
-
209 383
-
pensions
3 710
-
7 264
-
income
4 521
-
51 892
-
health
3 773
-
23 974
-
total
12 004
-
83 130
-
Employer
32 952
-
209 383
-
pensions
5 358
-
10 490
-
accident
550
-
3 496
-
unemployment
807
-
5 130
-
total
6 715
-
19 116
-
Corporate
188 832
228 500
-
-
income

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

169 949
205 650
-
-
total
169 949
205 650
-
-
Dividends
18 883
22 850
-
-
withholding
3 588
4 342
-
-
total
3 588
4 342
-
-
Income
228 500
228 500
228 500
228 500
Total tax
192 256
209 992
102 246
72 516
After tax
36 244
18 508
126 254
155 984
Living cost
20 948
20 948
20 948
20 948
Free-cash
15 296
-2 440
105 306
135 036

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽209514
₽175239
₽218654
₽208097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 450
-
228 500
-
income
1 890
-
45 700
-
total
1 890
-
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%.

219 050
228 500
-
-
total
-
-
-
-
Dividends
219 050
228 500
-
-
withholding
10 952
11 425
-
-
total
10 952
11 425
-
-
Income
228 500
228 500
228 500
228 500
Total tax
12 842
11 425
45 700
2 285
After tax
215 658
217 075
182 800
226 215
Living cost
7 561
7 561
7 561
7 561
Free-cash
208 097
209 514
175 239
218 654

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142877
₽113022
₽114868
₽136542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
41 330
other
-
-
-
6 777
health
-
-
-
6 278
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.

-
-
-
34 245
total
-
-
-
88 630
Employee
34 069
-
192 149
-
unemployment
340
-
1 426
-
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.

2 384
-
9 987
-
income
5 865
-
40 714
-
health
477
-
1 998
-
total
9 066
-
54 125
-
Employer
34 069
-
192 149
-
health
477
-
1 998
-
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.

5 792
-
24 257
-
accident
272
-
1 537
-
unemployment
340
-
1 426
-
other
1 704
-
7 133
-
total
8 585
-
36 351
-
Corporate
185 845
228 500
-
-
income
39 027
47 986
-
-
total
39 027
47 986
-
-
Dividends
146 818
180 514
-
-
withholding
10 278
12 635
-
-
total
10 278
12 635
-
-
Income
228 500
228 500
228 500
228 500
Total tax
66 956
60 621
90 476
88 630
After tax
161 544
167 879
138 024
139 870
Living cost
25 002
25 002
25 002
25 002
Free-cash
136 542
142 877
113 022
114 868

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80050
₽63743
₽84075
₽87598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
72 038
pensions
-
-
-
9 701
total
-
-
-
81 739
Employee
88 691
-
199 021
-
pensions
8 556
-
11 469
-
income
15 987
-
58 484
-
health
1 461
-
2 638
-
total
26 004
-
72 591
-
Employer
88 691
-
199 021
-
health
1 684
-
3 782
-
pensions
10 472
-
25 698
-
total
12 156
-
29 480
-
Corporate
127 653
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.

24 255
43 415
-
-
total
24 255
43 415
-
-
Dividends
103 398
185 085
-
-
withholding
15 801
42 349
-
-
total
15 801
42 349
-
-
Income
228 500
228 500
228 500
228 500
Total tax
78 216
85 764
102 071
81 739
After tax
150 284
142 736
126 429
146 761
Living cost
62 686
62 686
62 686
62 686
Free-cash
87 598
80 050
63 743
84 075

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽183068
₽182821
₽173177
₽178712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
34 275
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
43 024
Employee
16 286
-
222 071
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
22 207
-
health
749
-
1 507
-
total
3 986
-
26 951
-
Employer
16 286
-
222 071
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
209 018
228 500
-
-
income
20 902
22 850
-
-
total
20 902
22 850
-
-
Dividends
188 116
205 650
-
-
withholding
9 406
10 283
-
-
total
9 406
10 283
-
-
Income
228 500
228 500
228 500
228 500
Total tax
37 489
33 133
33 380
43 024
After tax
191 011
195 367
195 120
185 476
Living cost
12 299
12 299
12 299
12 299
Free-cash
178 712
183 068
182 821
173 177

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62040
₽94076
₽69722
₽64403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
84 185
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
106 748
Employee
86 993
80 127
211 062
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
42 394
-
health
10 853
10 461
11 570
-
total
34 962
34 570
64 957
-
Employer
86 993
80 127
211 062
-
health
6 045
5 570
6 921
-
pensions
6 054
5 577
6 932
-
unemployment
3 132
2 885
3 584
-
total
15 231
14 032
17 437
-
Corporate
126 276
134 341
-
-
income
25 254
26 868
-
-
total
25 254
26 868
-
-
Dividends
101 022
107 474
-
-
income
21 467
22 838
-
-
withholding
15 153
16 122
-
-
total
36 620
38 960
-
-
Income
228 500
228 500
228 500
228 500
Total tax
112 067
114 430
82 394
106 748
After tax
116 433
114 070
146 106
121 752
Living cost
52 030
52 030
52 030
52 030
Free-cash
64 403
62 040
94 076
69 722

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134311
₽103069
₽113269
₽126102
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
24 681
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
3 580
health
-
-
-
30 848
total
-
-
-
92 220
Employee
33 839
-
183 625
-
solidarity contribution
-
-
2 665
-
social contributions
2 200
-
7 371
-
income
4 061
-
22 720
-
health
4 568
-
24 789
-
total
10 829
-
57 545
-
Employer
33 839
-
183 625
-
health
3 045
-
16 526
-
social contributions
8 460
-
28 349
-
total
11 505
-
44 875
-
Corporate
183 156
228 500
-
-
income
34 800
43 415
-
-
total
34 800
43 415
-
-
Dividends
148 356
185 085
-
-
withholding
22 253
27 763
-
-
total
22 253
27 763
-
-
Income
228 500
228 500
228 500
228 500
Total tax
79 387
71 178
102 420
92 220
After tax
149 113
157 322
126 080
136 280
Living cost
23 011
23 011
23 011
23 011
Free-cash
126 102
134 311
103 069
113 269

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82322
₽63668
₽71620
₽77421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 962
regional
-
-
-
2 972
municipal
-
-
-
1 453
national
-
-
-
65 900
total
-
-
-
117 287
Employee
83 391
-
228 500
-
municipal
442
-
1 335
-
national
14 450
-
59 618
-
regional
787
-
2 718
-
social contributions
28 119
-
61 568
-
total
43 798
-
125 239
-
Employer
83 391
-
228 500
-
total
-
-
-
-
Corporate
145 109
228 500
-
-
municipal
5 659
8 912
-
-
nationa
34 827
54 839
-
-
total
40 486
63 751
-
-
Dividends
104 624
164 749
-
-
withholding
27 202
42 834
-
-
total
27 202
42 834
-
-
Income
228 500
228 500
228 500
228 500
Total tax
111 486
106 585
125 239
117 287
After tax
117 014
121 915
103 261
111 213
Living cost
39 593
39 593
39 593
39 593
Free-cash
77 421
82 322
63 668
71 620

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123022
₽80852
₽86588
₽120103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
74 282
other
-
-
-
-
surtax
-
-
-
12 774
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
121 207
Employee
31 029
-
202 140
-
other
-
-
-
-
unemployment
2 160
-
8 716
-
pensions
2 069
-
8 353
-
surtax
101
-
11 652
-
income
5 201
-
68 669
-
health
792
-
3 193
-
total
10 323
-
100 583
-
Employer
31 029
-
202 140
-
health
1 412
-
5 698
-
pensions
4 136
-
16 693
-
unemployment
983
-
3 969
-
other
-
-
-
-
total
6 531
-
26 360
-
Corporate
190 940
228 500
-
-
income
49 643
59 410
-
-
total
49 643
59 410
-
-
Dividends
141 296
169 090
-
-
withholding
21 195
25 363
-
-
total
21 195
25 363
-
-
Income
228 500
228 500
228 500
228 500
Total tax
87 692
84 773
126 943
121 207
After tax
140 808
143 727
101 557
107 293
Living cost
20 705
20 705
20 705
20 705
Free-cash
120 103
123 022
80 852
86 588

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99911
₽83604
₽103936
₽106104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
72 038
pensions
-
-
-
9 701
total
-
-
-
81 739
Employee
59 438
-
199 021
-
pensions
5 045
-
11 469
-
income
10 705
-
58 484
-
health
863
-
2 638
-
total
16 613
-
72 591
-
Employer
59 438
-
199 021
-
health
1 129
-
3 782
-
pensions
6 434
-
25 698
-
total
7 563
-
29 480
-
Corporate
161 498
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.

30 685
43 415
-
-
total
30 685
43 415
-
-
Dividends
130 814
185 085
-
-
withholding
24 710
42 349
-
-
total
24 710
42 349
-
-
Income
228 500
228 500
228 500
228 500
Total tax
79 571
85 764
102 071
81 739
After tax
148 929
142 736
126 429
146 761
Living cost
42 825
42 825
42 825
42 825
Free-cash
106 104
99 911
83 604
103 936

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30403
₽98678
₽106428
₽62102
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
other

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

-
-
-
4 571
regional
-
-
-
13 087
health
-
-
-
514
city
-
-
-
2 409
national
-
-
-
6 383
pensions
-
-
-
21 022
total
-
-
-
47 986
Employee
86 700
-
205 929
-
unemployment
-
-
-
-
pensions
7 284
-
15 725
-
national
410
-
5 283
-
regional
2 839
-
11 727
-
city
930
-
2 230
-
health
196
-
464
-
total
11 659
-
35 429
-
Employer
86 700
-
205 929
-
health
196
-
464
-
pensions
7 284
-
15 725
-
unemployment
-
-
-
-
other

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

1 733
-
4 118
-
total
9 213
-
20 307
-
Corporate
131 634
228 500
-
-
regional
27 840
48 327
-
-
national
11 188
19 422
-
-
total
39 028
67 749
-
-
Dividends
92 605
160 751
-
-
withholding
32 412
56 262
-
-
total
32 412
56 262
-
-
Income
228 500
228 500
228 500
228 500
Total tax
92 312
124 011
55 736
47 986
After tax
136 188
104 489
172 764
180 514
Living cost
74 086
74 086
74 086
74 086
Free-cash
62 102
30 403
98 678
106 428

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽69807
₽97194
₽65488
₽85024
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
228 500
income

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

-
-
-
77 642
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.

-
-
-
4 270
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.

-
-
-
6 410
trade
-
-
-
31 706
total
-
-
-
120 028
Employee

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

56 390
-
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.

365
-
4 270
-
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.

6 631
-
77 642
-
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.

6 410
-
6 410
-
total
13 406
-
88 322
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 110
228 500
-
-
income
25 817
34 275
-
-
surtax

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

1 419
1 886
-
-
chamber of commerce
385
465
-
-
trade
29 517
39 188
-
-
total
57 138
75 814
-
-
Dividends
114 972
152 687
-
-
surtax

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

1 562
2 080
-
-
withholding
28 386
37 815
-
-
total
29 948
39 895
-
-
Income
228 500
228 500
228 500
228 500
Total tax
100 492
115 709
88 322
120 028
After tax
128 008
112 791
140 178
108 472
Living cost
42 984
42 984
42 984
42 984
Free-cash
85 024
69 807
97 194
65 488

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83060
₽83626
₽91427
₽88603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
45 022
other
-
-
-
7 083
surtax
-
-
-
-
social contributions
-
-
-
6 510
health
-
-
-
11 636
pensions
-
-
-
34 719
total
-
-
-
104 970
Employee
40 158
-
173 531
-
pensions
4 541
-
13 442
-
surtax
-
-
-
-
social contributions
1 145
-
4 945
-
income
2 370
-
39 415
-
total
8 056
-
57 802
-
Employer
40 158
-
173 531
-
health
2 812
-
17 683
-
pensions
6 597
-
22 383
-
unemployment
1 626
-
7 028
-
social contributions
121
-
520
-
other
1 385
-
7 355
-
total
12 541
-
54 969
-
Corporate
175 801
228 500
-
-
income
49 225
63 981
-
-
surtax
-
-
-
-
total
49 225
63 981
-
-
Dividends
126 576
164 519
-
-
surtax
-
-
-
-
social contributions
21 770
28 297
-
-
withholding
16 202
21 059
-
-
total
37 972
49 356
-
-
Income
228 500
228 500
228 500
228 500
Total tax
107 794
113 337
112 771
104 970
After tax
120 706
115 163
115 729
123 530
Living cost
32 103
32 103
32 103
32 103
Free-cash
88 603
83 060
83 626
91 427

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86241
₽86807
₽94608
₽91457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
45 022
other
-
-
-
7 083
surtax
-
-
-
-
social contributions
-
-
-
6 510
health
-
-
-
11 636
pensions
-
-
-
34 719
total
-
-
-
104 970
Employee
35 847
-
173 531
-
pensions
4 054
-
13 442
-
surtax
-
-
-
-
social contributions
1 022
-
4 945
-
income
1 848
-
39 415
-
total
6 924
-
57 802
-
Employer
35 847
-
173 531
-
health
2 509
-
17 683
-
pensions
5 890
-
22 383
-
unemployment
1 451
-
7 028
-
social contributions
107
-
520
-
other
1 238
-
7 355
-
total
11 195
-
54 969
-
Corporate
181 459
228 500
-
-
income
50 808
63 981
-
-
surtax
-
-
-
-
total
50 808
63 981
-
-
Dividends
130 651
164 519
-
-
surtax
-
-
-
-
social contributions
22 471
28 297
-
-
withholding
16 723
21 059
-
-
total
39 194
49 356
-
-
Income
228 500
228 500
228 500
228 500
Total tax
108 121
113 337
112 771
104 970
After tax
120 379
115 163
115 729
123 530
Living cost
28 922
28 922
28 922
28 922
Free-cash
91 457
86 241
86 807
94 608

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
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.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119510
₽120278
₽126847
₽119996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
34 275
social contributions
-
-
-
31 533
health
-
-
-
15 949
total
-
-
-
81 757
Employee
31 814
-
228 500
-
social contributions
4 391
-
31 533
-
income
5 306
-
40 844
-
health
2 220
-
15 949
-
total
11 917
-
88 326
-
Employer
31 814
-
228 500
-
total
-
-
-
-
Corporate
196 686
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%.

9 834
11 424
-
-
total
9 834
11 424
-
-
Dividends
186 852
217 076
-
-
social contributions
25 785
29 957
-
-
withholding
28 029
32 562
-
-
health
13 043
15 151
-
-
total
66 857
77 670
-
-
Income
228 500
228 500
228 500
228 500
Total tax
88 608
89 094
88 326
81 757
After tax
139 892
139 406
140 174
146 743
Living cost
19 896
19 896
19 896
19 896
Free-cash
119 996
119 510
120 278
126 847

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92761
₽26447
₽83714
₽91312
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
76 207
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
913
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
111 724
Employee
46 892
37 393
190 838
-
other
468
374
1 097
-
unemployment
1 407
1 122
3 289
-
pensions
4 802
3 828
11 225
-
income
5 338
2 758
64 659
-
health
1 814
1 448
4 241
-
total
13 829
9 530
84 511
-
Employer
46 892
37 393
190 838
-
chamber of commerce
187
150
764
-
health
1 772
1 414
4 143
-
pensions
5 885
4 694
13 757
-
accident
609
486
1 424
-
unemployment
1 407
1 122
3 289
-
surtax
185
185
185
-
payroll
1 407
1 122
5 725
-
other
2 228
1 775
8 374
-
total
13 680
10 948
37 661
-
Corporate
167 929
180 160
187 277
-
income

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

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

41 981
45 041
46 819
-
total
41 981
45 041
46 819
-
Dividends
125 948
135 119
-
-
withholding
34 636
37 158
-
-
total
34 636
37 158
-
-
Income
228 500
228 500
228 500
228 500
Total tax
104 126
102 677
168 991
111 724
After tax
124 374
125 823
59 509
116 776
Living cost
33 062
33 062
33 062
33 062
Free-cash
91 312
92 761
26 447
83 714

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90210
₽42707
₽65262
₽79378
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
communal

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

-
-
-
12 306
social contributions
-
-
-
23 393
national
-
-
-
93 327
total
-
-
-
129 026
Employee

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

67 117
-
176 980
-
unemployment

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

584
-
1 540
-
communal

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

3 501
-
9 231
-
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.

5 034
-
13 273
-
national
20 635
-
67 699
-
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.

3 153
-
8 317
-
total
32 907
-
100 060
-
Employer

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

67 117
-
176 980
-
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.

4 127
-
10 885
-
pensions

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

5 947
-
15 680
-
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.

872
-
2 301
-
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.

979
-
2 584
-
surtax
7 610
-
20 071
-
total
19 535
-
51 521
-
Corporate
141 846
228 500
-
-
income
28 369
50 240
-
-
surtax
568
1 004
-
-
total
28 937
51 244
-
-
Dividends
112 909
177 256
-
-
withholding

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

33 531
52 834
-
-
total
33 531
52 834
-
-
Income
228 500
228 500
228 500
228 500
Total tax
114 910
104 078
151 581
129 026
After tax
113 590
124 422
76 919
99 474
Living cost
34 212
34 212
34 212
34 212
Free-cash
79 378
90 210
42 707
65 262

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117661
₽89703
₽93640
₽111236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
accident
-
-
-
783
income
-
-
-
74 883
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
100 974
Employee
46 707
-
200 774
-
other
46
-
87
-
unemployment
725
-
1 348
-
pensions
2 195
-
4 088
-
income
9 855
-
71 662
-
total
12 821
-
77 185
-
Employer
46 707
-
200 774
-
pensions
11 022
-
20 525
-
accident
924
-
1 722
-
unemployment
2 569
-
4 783
-
other
372
-
696
-
total
14 887
-
27 726
-
Corporate
166 906
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.

25 035
34 275
-
-
total
25 035
34 275
-
-
Dividends
141 870
194 225
-
-
withholding
30 635
42 678
-
-
total
30 635
42 678
-
-
Income
228 500
228 500
228 500
228 500
Total tax
83 378
76 953
104 911
100 974
After tax
145 122
151 547
123 589
127 526
Living cost
33 886
33 886
33 886
33 886
Free-cash
111 236
117 661
89 703
93 640

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
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.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76886
₽64002
₽55595
₽63979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
communal
-
-
-
14 441
accident
-
-
-
1 879
income
-
-
-
45 106
surtax
-
-
-
11 417
health
-
-
-
15 660
pensions
-
-
-
33 411
total
-
-
-
121 914
Employee
71 057
-
204 107
-
pensions
5 684
-
16 328
-
surtax
4 355
-
12 509
-
income
6 863
-
51 192
-
health
3 162
-
9 085
-
total
20 064
-
89 114
-
Employer
71 057
-
204 107
-
health
2 167
-
6 227
-
pensions
5 684
-
16 328
-
accident
639
-
1 838
-
total
8 490
-
24 393
-
Corporate
148 953
228 500
-
-
communal
10 055
15 424
-
-
income
22 343
34 275
-
-
surtax
1 563
2 398
-
-
total
33 961
52 097
-
-
Dividends
114 991
176 403
-
-
income
33 766
22 066
-
-
withholding
17 249
26 460
-
-
total
51 015
48 526
-
-
Income
228 500
228 500
228 500
228 500
Total tax
113 530
100 623
113 507
121 914
After tax
114 970
127 877
114 993
106 586
Living cost
50 991
50 991
50 991
50 991
Free-cash
63 979
76 886
64 002
55 595

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122652
₽80482
₽86218
₽119667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
74 282
other
-
-
-
-
surtax
-
-
-
12 774
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
121 207
Employee
31 599
-
202 140
-
other
-
-
-
-
unemployment
2 199
-
8 716
-
pensions
2 108
-
8 353
-
surtax
112
-
11 652
-
income
5 297
-
68 669
-
health
807
-
3 193
-
total
10 523
-
100 583
-
Employer
31 599
-
202 140
-
health
1 437
-
5 698
-
pensions
4 213
-
16 693
-
unemployment
1 002
-
3 969
-
other
-
-
-
-
total
6 652
-
26 360
-
Corporate
190 249
228 500
-
-
income
49 465
59 410
-
-
total
49 465
59 410
-
-
Dividends
140 784
169 090
-
-
withholding
21 118
25 363
-
-
total
21 118
25 363
-
-
Income
228 500
228 500
228 500
228 500
Total tax
87 758
84 773
126 943
121 207
After tax
140 742
143 727
101 557
107 293
Living cost
21 075
21 075
21 075
21 075
Free-cash
119 667
122 652
80 482
86 218

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
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.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94829
₽77314
₽85224
₽92745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 962
regional
-
-
-
3 685
municipal
-
-
-
1 453
national
-
-
-
65 900
total
-
-
-
118 000
Employee
52 049
-
228 500
-
municipal
276
-
1 335
-
national
8 246
-
59 618
-
regional
701
-
3 389
-
social contributions
17 551
-
61 568
-
total
26 774
-
125 910
-
Employer
52 049
-
228 500
-
total
-
-
-
-
Corporate
176 451
228 500
-
-
municipal
8 770
11 357
-
-
nationa
42 348
54 839
-
-
total
51 118
66 196
-
-
Dividends
125 333
162 304
-
-
withholding
32 587
42 199
-
-
total
32 587
42 199
-
-
Income
228 500
228 500
228 500
228 500
Total tax
110 479
108 395
125 910
118 000
After tax
118 021
120 105
102 590
110 500
Living cost
25 276
25 276
25 276
25 276
Free-cash
92 745
94 829
77 314
85 224

Estimated living cost  is ₽25276 per week

₽15719
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.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128967
₽97725
₽107925
₽118851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
24 681
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
3 580
health
-
-
-
30 848
total
-
-
-
92 220
Employee
41 699
-
183 625
-
solidarity contribution
-
-
2 665
-
social contributions
2 710
-
7 371
-
income
5 004
-
22 720
-
health
5 629
-
24 789
-
total
13 343
-
57 545
-
Employer
41 699
-
183 625
-
health
3 753
-
16 526
-
social contributions
10 425
-
28 349
-
total
14 178
-
44 875
-
Corporate
172 624
228 500
-
-
income
32 799
43 415
-
-
total
32 799
43 415
-
-
Dividends
139 825
185 085
-
-
withholding
20 974
27 763
-
-
total
20 974
27 763
-
-
Income
228 500
228 500
228 500
228 500
Total tax
81 294
71 178
102 420
92 220
After tax
147 206
157 322
126 080
136 280
Living cost
28 355
28 355
28 355
28 355
Free-cash
118 851
128 967
97 725
107 925

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95988
₽29616
₽87026
₽95526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
76 207
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
913
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
111 539
Employee
41 016
37 393
191 011
-
other
410
374
1 097
-
unemployment
1 230
1 122
3 289
-
pensions
4 200
3 828
11 225
-
income
3 654
2 758
64 747
-
health
1 587
1 448
4 241
-
total
11 081
9 530
84 599
-
Employer
41 016
37 393
191 011
-
chamber of commerce
164
150
764
-
health
1 551
1 414
4 143
-
pensions
5 148
4 694
13 757
-
accident
532
486
1 424
-
unemployment
1 230
1 122
3 289
-
surtax
-
-
-
-
payroll
1 230
1 122
5 730
-
other
1 948
1 775
8 381
-
total
11 803
10 763
37 488
-
Corporate
175 680
180 345
187 450
-
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.

43 921
45 087
46 862
-
total
43 921
45 087
46 862
-
Dividends
131 760
135 258
-
-
withholding
36 234
37 197
-
-
total
36 234
37 197
-
-
Income
228 500
228 500
228 500
228 500
Total tax
103 039
102 577
168 949
111 539
After tax
125 461
125 923
59 551
116 961
Living cost
29 935
29 935
29 935
29 935
Free-cash
95 526
95 988
29 616
87 026

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
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.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽205293
₽171018
₽214433
₽203084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 727
-
228 500
-
income
2 946
-
45 700
-
total
2 946
-
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%.

213 773
228 500
-
-
total
-
-
-
-
Dividends
213 773
228 500
-
-
withholding
10 688
11 425
-
-
total
10 688
11 425
-
-
Income
228 500
228 500
228 500
228 500
Total tax
13 634
11 425
45 700
2 285
After tax
214 866
217 075
182 800
226 215
Living cost
11 782
11 782
11 782
11 782
Free-cash
203 084
205 293
171 018
214 433

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132155
₽74119
₽79081
₽124306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
228 500
income
-
-
-
59 696
unemployment
-
-
-
342
health
-
-
-
22 484
pensions
-
-
-
41 730
total
-
-
-
124 252
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.

41 492
-
197 715
-
unemployment
59
-
276
-
pensions
6 432
-
30 646
-
income
7 155
-
54 735
-
health
2 680
-
12 772
-
total
16 326
-
98 429
-
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.

41 492
-
197 715
-
health
2 764
-
13 168
-
pensions
3 672
-
17 498
-
unemployment
25
-
119
-
total
6 461
-
30 785
-
Corporate
180 548
228 500
-
-
income
34 303
43 415
-
-
total
34 303
43 415
-
-
Dividends
146 244
185 085
-
-
withholding
21 937
27 763
-
-
total
21 937
27 763
-
-
Income
228 500
228 500
228 500
228 500
Total tax
79 027
71 178
129 214
124 252
After tax
149 473
157 322
99 286
104 248
Living cost
25 167
25 167
25 167
25 167
Free-cash
124 306
132 155
74 119
79 081

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
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.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98939
₽176200
₽117832
₽54757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
44 539
social contributions
-
-
-
26 049
total
-
-
-
70 588
Employee
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
Corporate
90 000
228 500
-
-
income
19 800
50 270
-
-
total
19 800
50 270
-
-
Dividends
70 200
178 230
-
-
income
15 444
39 211
-
-
total
15 444
39 211
-
-
Income
228 500
228 500
228 500
228 500
Total tax
133 663
89 481
12 220
70 588
After tax
94 837
139 019
216 280
157 912
Living cost
40 080
40 080
40 080
40 080
Free-cash
54 757
98 939
176 200
117 832

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100538
₽70390
₽88882
₽99594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
228 500
income
-
-
-
30 781
surtax
-
-
-
-
social contributions

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

-
-
-
79 405
total
-
-
-
110 186
Employee
43 155
-
184 647
-
surtax
-
-
547
-
social contributions
4 747
-
20 311
-
income
8 976
-
63 967
-
total
13 723
-
84 825
-
Employer
43 155
-
184 647
-
social contributions
10 249
-
43 853
-
total
10 249
-
43 853
-
Corporate
175 096
228 500
-
-
income
36 770
47 986
-
-
surtax
-
-
-
-
total
36 770
47 986
-
-
Dividends
138 326
180 514
-
-
withholding
38 732
50 544
-
-
total
38 732
50 544
-
-
Income
228 500
228 500
228 500
228 500
Total tax
99 474
98 530
128 678
110 186
After tax
129 026
129 970
99 822
118 314
Living cost
29 432
29 432
29 432
29 432
Free-cash
99 594
100 538
70 390
88 882

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69844
₽70410
₽78211
₽76295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
45 022
other
-
-
-
7 083
surtax
-
-
-
-
social contributions
-
-
-
6 510
health
-
-
-
11 636
pensions
-
-
-
34 719
total
-
-
-
104 970
Employee
58 768
-
173 531
-
pensions
6 647
-
13 442
-
surtax
-
-
-
-
social contributions
1 674
-
4 945
-
income
5 128
-
39 415
-
total
13 449
-
57 802
-
Employer
58 768
-
173 531
-
health
4 113
-
17 683
-
pensions
9 656
-
22 383
-
unemployment
2 381
-
7 028
-
social contributions
176
-
520
-
other
2 028
-
7 355
-
total
18 354
-
54 969
-
Corporate
151 378
228 500
-
-
income
42 386
63 981
-
-
surtax
-
-
-
-
total
42 386
63 981
-
-
Dividends
108 992
164 519
-
-
surtax
-
-
-
-
social contributions
18 746
28 297
-
-
withholding
13 951
21 059
-
-
total
32 697
49 356
-
-
Income
228 500
228 500
228 500
228 500
Total tax
106 886
113 337
112 771
104 970
After tax
121 614
115 163
115 729
123 530
Living cost
45 319
45 319
45 319
45 319
Free-cash
76 295
69 844
70 410
78 211

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177444
₽143972
₽137901
₽174293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
12 124
social contributions
-
-
-
50 270
total
-
-
-
62 394
Employee
30 166
-
197 836
-
income
-
-
12 799
-
social contributions
1 960
-
12 860
-
total
1 960
-
25 659
-
Employer
30 166
-
197 836
-
social contributions
4 676
-
30 664
-
total
4 676
-
30 664
-
Corporate
193 659
228 500
-
-
income
19 366
22 851
-
-
total
19 366
22 851
-
-
Dividends
174 293
205 649
-
-
total
-
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
26 002
22 851
56 323
62 394
After tax
202 498
205 649
172 177
166 106
Living cost
28 205
28 205
28 205
28 205
Free-cash
174 293
177 444
143 972
137 901

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24074
₽24074
₽85924
₽12824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
labour market
-
-
-
18 215
municipal
-
-
-
49 475
national
-
-
-
28 886
pensions
-
-
-
813
total
-
-
-
97 389
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
24 074
-
-
-
income
5 296
-
-
-
total
5 296
-
-
-
Dividends
18 778
-
-
-
withholding
5 954
-
-
-
total
5 954
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
170 489
159 239
159 239
97 389
After tax
58 011
69 261
69 261
131 111
Living cost
45 187
45 187
45 187
45 187
Free-cash
12 824
24 074
24 074
85 924

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2131
₽105615
₽135345
₽15341
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
accident
-
-
-
240
income
-
-
-
65 884
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
72 516
Employee
32 466
-
209 383
-
pensions
3 656
-
7 264
-
income
4 454
-
51 892
-
health
3 718
-
23 974
-
total
11 828
-
83 130
-
Employer
32 466
-
209 383
-
pensions
5 279
-
10 490
-
accident
542
-
3 496
-
unemployment
796
-
5 130
-
total
6 617
-
19 116
-
Corporate
189 417
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.

170 476
205 650
-
-
total
170 476
205 650
-
-
Dividends
18 942
22 850
-
-
withholding
3 599
4 342
-
-
total
3 599
4 342
-
-
Income
228 500
228 500
228 500
228 500
Total tax
192 520
209 992
102 246
72 516
After tax
35 980
18 508
126 254
155 984
Living cost
20 639
20 639
20 639
20 639
Free-cash
15 341
-2 131
105 615
135 345

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
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.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103074
₽75997
₽102170
₽106129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
228 500
health
-
-
-
3 127
municipal
-
-
-
40 568
national
-
-
-
46 611
total
-
-
-
90 306
Employee
49 366
-
192 227
-
municipal
8 086
-
31 284
-
unemployment
741
-
2 883
-
pensions
3 332
-
12 975
-
national
816
-
30 495
-
health
369
-
2 569
-
total
13 344
-
80 206
-
Employer
49 366
-
192 227
-
health
379
-
1 480
-
pensions
8 565
-
33 351
-
accident
50
-
192
-
unemployment
321
-
1 250
-
total
9 315
-
36 273
-
Corporate
169 819
228 500
-
-
income
33 963
45 699
-
-
total
33 963
45 699
-
-
Dividends

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

101 892
137 100
-
-
municipal
18 340
24 677
-
-
national
11 385
19 026
-
-
total
29 725
43 703
-
-
Income
228 500
228 500
228 500
228 500
Total tax
86 347
89 402
116 479
90 306
After tax
142 153
139 098
112 021
138 194
Living cost
36 024
36 024
36 024
36 024
Free-cash
106 129
103 074
75 997
102 170

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144763
₽129450
₽131291
₽139658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
54 478
social contributions
-
-
-
15 181
health
-
-
-
5 826
total
-
-
-
75 485
Employee
72 151
72 151
216 419
-
social contributions
2 728
5 988
8 077
-
income
7 856
6 679
53 488
-
health
559
1 227
3 679
-
total
11 143
13 894
65 244
-
Employer
72 151
72 151
216 419
-
health
607
1 335
4 005
-
social contributions
2 728
5 988
8 077
-
total
3 335
7 323
12 082
-
Corporate
192 298
149 025
-
-
income
24 036
18 629
-
-
total
24 036
18 629
-
-
Dividends
168 261
130 396
-
-
withholding
28 604
22 167
-
-
total
28 604
22 167
-
-
Income
228 500
228 500
228 500
228 500
Total tax
67 118
62 013
77 326
75 485
After tax
161 382
166 487
151 174
153 015
Living cost
21 724
21 724
21 724
21 724
Free-cash
139 658
144 763
129 450
131 291

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174325
₽161621
₽180441
₽169550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
228 500
income
-
-
-
23 770
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
33 162
Employee

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

21 537
-
219 330
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
21 444
-
health
1 830
-
7 568
-
total
6 640
-
42 812
-
Employer

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

21 537
-
219 330
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
204 746
228 500
-
-
income
18 428
20 564
-
-
total
18 428
20 564
-
-
Dividends
186 318
207 936
-
-
withholding
16 768
18 714
-
-
total
16 768
18 714
-
-
Income
228 500
228 500
228 500
228 500
Total tax
44 053
39 278
51 982
33 162
After tax
184 447
189 222
176 518
195 338
Living cost
14 897
14 897
14 897
14 897
Free-cash
169 550
174 325
161 621
180 441

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125745
₽97787
₽101724
₽121601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
accident
-
-
-
783
income
-
-
-
74 883
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
100 974
Employee
34 695
-
200 774
-
other
34
-
87
-
unemployment
538
-
1 348
-
pensions
1 631
-
4 088
-
income
6 689
-
71 662
-
total
8 892
-
77 185
-
Employer
34 695
-
200 774
-
pensions
8 187
-
20 525
-
accident
687
-
1 722
-
unemployment
1 909
-
4 783
-
other
278
-
696
-
total
11 061
-
27 726
-
Corporate
182 744
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.

27 412
34 275
-
-
total
27 412
34 275
-
-
Dividends
155 332
194 225
-
-
withholding
33 732
42 678
-
-
total
33 732
42 678
-
-
Income
228 500
228 500
228 500
228 500
Total tax
81 097
76 953
104 911
100 974
After tax
147 403
151 547
123 589
127 526
Living cost
25 802
25 802
25 802
25 802
Free-cash
121 601
125 745
97 787
101 724

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140684
₽145374
₽145509
₽140372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
78 700
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
81 091
Employee
2 894
-
226 941
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
78 627
-
health
145
-
347
-
total
994
-
79 667
-
Employer
2 894
-
226 941
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
224 954
228 500
-
-
income
49 490
50 270
-
-
total
49 490
50 270
-
-
Dividends
175 464
178 230
-
-
withholding
35 093
35 646
-
-
total
35 093
35 646
-
-
Income
228 500
228 500
228 500
228 500
Total tax
86 228
85 916
81 226
81 091
After tax
142 272
142 584
147 274
147 409
Living cost
1 900
1 900
1 900
1 900
Free-cash
140 372
140 684
145 374
145 509

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148895
₽132929
₽132929
₽144287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
228 500
income
-
-
-
53 213
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
79 375
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.

24 423
-
216 111
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
53 213
-
health
1 258
-
3 564
-
total
8 227
-
66 986
-
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.

24 423
-
216 111
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
199 705
228 500
-
-
income
29 956
34 275
-
-
total
29 956
34 275
-
-
Dividends
169 749
194 225
-
-
withholding
25 462
29 134
-
-
total
25 462
29 134
-
-
Income
228 500
228 500
228 500
228 500
Total tax
68 017
63 409
79 375
79 375
After tax
160 483
165 091
149 125
149 125
Living cost
16 196
16 196
16 196
16 196
Free-cash
144 287
148 895
132 929
132 929

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104674
₽74526
₽93018
₽104337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
228 500
income
-
-
-
30 781
surtax
-
-
-
-
social contributions

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

-
-
-
79 405
total
-
-
-
110 186
Employee
36 418
-
184 647
-
surtax
-
-
547
-
social contributions
4 006
-
20 311
-
income
7 116
-
63 967
-
total
11 122
-
84 825
-
Employer
36 418
-
184 647
-
social contributions
8 648
-
43 853
-
total
8 648
-
43 853
-
Corporate
183 434
228 500
-
-
income
38 522
47 986
-
-
surtax
-
-
-
-
total
38 522
47 986
-
-
Dividends
144 912
180 514
-
-
withholding
40 575
50 544
-
-
total
40 575
50 544
-
-
Income
228 500
228 500
228 500
228 500
Total tax
98 867
98 530
128 678
110 186
After tax
129 633
129 970
99 822
118 314
Living cost
25 296
25 296
25 296
25 296
Free-cash
104 337
104 674
74 526
93 018

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118571
₽90613
₽94550
₽112432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
accident
-
-
-
783
income
-
-
-
74 883
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
100 974
Employee
45 316
-
200 774
-
other
45
-
87
-
unemployment
702
-
1 348
-
pensions
2 130
-
4 088
-
income
9 465
-
71 662
-
total
12 342
-
77 185
-
Employer
45 316
-
200 774
-
pensions
10 694
-
20 525
-
accident
897
-
1 722
-
unemployment
2 493
-
4 783
-
other
363
-
696
-
total
14 447
-
27 726
-
Corporate
168 736
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.

25 310
34 275
-
-
total
25 310
34 275
-
-
Dividends
143 427
194 225
-
-
withholding
30 993
42 678
-
-
total
30 993
42 678
-
-
Income
228 500
228 500
228 500
228 500
Total tax
83 092
76 953
104 911
100 974
After tax
145 408
151 547
123 589
127 526
Living cost
32 976
32 976
32 976
32 976
Free-cash
112 432
118 571
90 613
94 550

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽179230
₽178983
₽169339
₽173513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
34 275
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
43 024
Employee
21 368
-
222 071
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
22 207
-
health
983
-
1 507
-
total
5 231
-
26 951
-
Employer
21 368
-
222 071
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
202 940
228 500
-
-
income
20 294
22 850
-
-
total
20 294
22 850
-
-
Dividends
182 646
205 650
-
-
withholding
9 132
10 283
-
-
total
9 132
10 283
-
-
Income
228 500
228 500
228 500
228 500
Total tax
38 850
33 133
33 380
43 024
After tax
189 650
195 367
195 120
185 476
Living cost
16 137
16 137
16 137
16 137
Free-cash
173 513
179 230
178 983
169 339

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81268
₽103953
₽77424
₽93544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
228 500
income

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

-
-
-
77 642
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.

-
-
-
4 270
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.

-
-
-
6 410
trade
-
-
-
26 529
total
-
-
-
114 851
Employee

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

46 686
-
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.

212
-
4 270
-
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.

3 839
-
77 642
-
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.

6 410
-
6 410
-
total
10 461
-
88 322
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 814
228 500
-
-
income
27 272
34 275
-
-
surtax

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

1 499
1 886
-
-
chamber of commerce
410
477
-
-
trade
26 089
32 790
-
-
total
55 270
69 428
-
-
Dividends
126 543
159 072
-
-
surtax

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

1 720
2 167
-
-
withholding
31 280
39 412
-
-
total
33 000
41 579
-
-
Income
228 500
228 500
228 500
228 500
Total tax
98 731
111 007
88 322
114 851
After tax
129 769
117 493
140 178
113 649
Living cost
36 225
36 225
36 225
36 225
Free-cash
93 544
81 268
103 953
77 424

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106500
₽59573
₽59573
₽108571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
75 891
social contributions
-
-
-
39 586
total
-
-
-
115 477
Employee
73 396
-
228 500
-
income
13 850
-
75 891
-
social contributions
6 098
-
39 586
-
total
19 948
-
115 477
-
Employer
73 396
-
228 500
-
total
-
-
-
-
Corporate
155 104
228 500
-
-
income
19 387
28 563
-
-
total
19 387
28 563
-
-
Dividends
135 716
199 937
-
-
withholding
27 144
39 987
-
-
total
27 144
39 987
-
-
Income
228 500
228 500
228 500
228 500
Total tax
66 479
68 550
115 477
115 477
After tax
162 021
159 950
113 023
113 023
Living cost
53 450
53 450
53 450
53 450
Free-cash
108 571
106 500
59 573
59 573

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109508
₽124549
₽154477
₽112785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
5 687
total
-
-
-
39 962
Employee
43 044
-
224 184
-
income
4 671
-
61 258
-
social contributions
4 313
-
4 316
-
total
8 984
-
65 574
-
Employer
43 044
-
224 184
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
181 143
228 500
-
-
income
63 400
79 974
-
-
total
63 400
79 974
-
-
Dividends
117 743
148 526
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
228 500
228 500
228 500
228 500
Total tax
81 654
84 931
69 890
39 962
After tax
146 846
143 569
158 610
188 538
Living cost
34 061
34 061
34 061
34 061
Free-cash
112 785
109 508
124 549
154 477

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107921
₽91614
₽111946
₽113472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
72 038
pensions
-
-
-
9 701
total
-
-
-
81 739
Employee
47 789
-
199 021
-
pensions
3 648
-
11 469
-
income
8 703
-
58 484
-
health
623
-
2 638
-
total
12 974
-
72 591
-
Employer
47 789
-
199 021
-
health
908
-
3 782
-
pensions
4 828
-
25 698
-
total
5 736
-
29 480
-
Corporate
174 974
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.

33 244
43 415
-
-
total
33 244
43 415
-
-
Dividends
141 730
185 085
-
-
withholding
28 258
42 349
-
-
total
28 258
42 349
-
-
Income
228 500
228 500
228 500
228 500
Total tax
80 212
85 764
102 071
81 739
After tax
148 288
142 736
126 429
146 761
Living cost
34 815
34 815
34 815
34 815
Free-cash
113 472
107 921
91 614
111 946

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4174
₽103572
₽133302
₽15030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
accident
-
-
-
240
income
-
-
-
65 884
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
72 516
Employee
35 680
-
209 383
-
pensions
4 018
-
7 264
-
income
4 895
-
51 892
-
health
4 085
-
23 974
-
total
12 998
-
83 130
-
Employer
35 680
-
209 383
-
pensions
5 801
-
10 490
-
accident
596
-
3 496
-
unemployment
874
-
5 130
-
total
7 271
-
19 116
-
Corporate
185 549
228 500
-
-
income

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

166 994
205 650
-
-
total
166 994
205 650
-
-
Dividends
18 555
22 850
-
-
withholding
3 525
4 342
-
-
total
3 525
4 342
-
-
Income
228 500
228 500
228 500
228 500
Total tax
190 788
209 992
102 246
72 516
After tax
37 712
18 508
126 254
155 984
Living cost
22 682
22 682
22 682
22 682
Free-cash
15 030
-4 174
103 572
133 302

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
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.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162126
₽156556
₽135920
₽159287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
228 500
income
-
-
-
38 630
unemployment
-
-
-
1 801
work injury
-
-
-
750
health insurance
-
-
-
11 106
pensions
-
-
-
27 616
total
-
-
-
79 903
Employee

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

20 283
-
228 500
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
38 630
-
total
7 605
-
59 267
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
208 217
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%.

20 822
22 850
-
-
total
20 822
22 850
-
-
Dividends
187 395
205 650
-
-
withholding
28 109
30 847
-
-
total
28 109
30 847
-
-
Income
228 500
228 500
228 500
228 500
Total tax
56 536
53 697
59 267
79 903
After tax
171 964
174 803
169 233
148 597
Living cost
12 677
12 677
12 677
12 677
Free-cash
159 287
162 126
156 556
135 920

Estimated living cost  is ₽12677 per week

₽7853
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.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82980
₽63186
₽70890
₽78710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 962
regional
-
-
-
5 733
municipal
-
-
-
1 635
national
-
-
-
65 900
total
-
-
-
120 230
Employee
79 067
-
228 500
-
municipal
472
-
1 503
-
national
13 362
-
59 618
-
regional
1 194
-
5 245
-
social contributions
26 661
-
61 568
-
total
41 689
-
127 934
-
Employer
79 067
-
228 500
-
total
-
-
-
-
Corporate
149 433
228 500
-
-
municipal
7 203
11 013
-
-
nationa
35 863
54 839
-
-
total
43 066
65 852
-
-
Dividends
106 367
162 648
-
-
withholding
27 655
42 288
-
-
total
27 655
42 288
-
-
Income
228 500
228 500
228 500
228 500
Total tax
112 410
108 140
127 934
120 230
After tax
116 090
120 360
100 566
108 270
Living cost
37 380
37 380
37 380
37 380
Free-cash
78 710
82 980
63 186
70 890

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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