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
₽84599
₽95760
₽81988
₽110586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
228 500
trade
-
-
-
28 598
income

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

-
-
-
76 259
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.

-
-
-
6 894
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.

-
-
-
4 194
total
-
-
-
115 945
Employee

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

38 599
-
228 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
surtax

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

59
-
4 194
-
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.

1 078
-
76 259
-
total
8 031
-
87 347
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 901
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.

1 567
1 884
-
-
income
28 485
34 274
-
-
trade
29 910
35 988
-
-
chamber of commerce
425
481
-
-
total
60 387
72 627
-
-
Dividends
129 515
155 872
-
-
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.

1 760
2 122
-
-
withholding
31 995
38 585
-
-
total
33 755
40 707
-
-
Income
228 500
228 500
228 500
228 500
Total tax
102 173
113 334
87 347
115 945
After tax
126 327
115 166
141 153
112 555
Living cost
30 567
30 567
30 567
30 567
Free-cash
95 760
84 599
110 586
81 988

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91590
₽90742
₽79015
₽80240
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
municipal
-
-
-
25 395
pensions
-
-
-
27 420
national
-
-
-
43 220
social contributions
-
-
-
2 456
total
-
-
-
98 491
Employee
79 050
-
197 536
-
municipal
9 764
-
26 280
-
pensions
3 162
-
7 901
-
national
15 130
-
45 158
-
total
28 056
-
79 339
-
Employer
79 050
-
197 536
-
social contributions
850
-
2 124
-
pensions
6 324
-
15 803
-
total
7 174
-
17 927
-
Corporate
137 059
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%.

27 412
45 700
-
-
total
27 412
45 700
-
-
Dividends
109 647
182 800
-
-
withholding
24 122
40 216
-
-
total
24 122
40 216
-
-
Income
228 500
228 500
228 500
228 500
Total tax
86 764
85 916
97 266
98 491
After tax
141 736
142 584
131 234
130 009
Living cost
50 994
50 994
50 994
50 994
Free-cash
90 742
91 590
80 240
79 015

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161805
₽153527
₽62215
₽78430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
48 356
surtax
-
-
-
58 268
social contributions

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

-
-
-
38 666
total
-
-
-
145 290
Employee
29 488
-
179 753
-
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.

3 244
-
13 229
-
surtax
-
-
26 064
-
income
5 249
-
41 036
-
total
8 493
-
80 329
-
Employer
29 488
-
179 753
-
social contributions

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

7 103
-
28 973
-
surtax
-
-
19 773
-
total
7 103
-
48 746
-
Corporate
191 909
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%.

38 382
45 700
-
-
total
38 382
45 700
-
-
Dividends

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

153 526
182 800
-
-
total
-
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
53 978
45 700
129 075
145 290
After tax
174 522
182 800
99 425
83 210
Living cost
20 995
20 995
20 995
20 995
Free-cash
153 527
161 805
78 430
62 215

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
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.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71611
₽65428
₽80343
₽103859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
81 613
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
105 881
Employee
86 179
86 179
209 746
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
39 343
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
63 611
-
Employer
86 179
86 179
209 746
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
128 287
127 230
-
-
income
25 658
25 446
-
-
total
25 658
25 446
-
-
Dividends
102 629
101 784
-
-
income
21 809
21 629
-
-
withholding
15 393
15 267
-
-
total
37 202
36 896
-
-
Income
228 500
228 500
228 500
228 500
Total tax
120 796
114 613
82 365
105 881
After tax
107 704
113 887
146 135
122 619
Living cost
42 276
42 276
42 276
42 276
Free-cash
65 428
71 611
103 859
80 343

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85771
₽84895
₽74866
₽73920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
municipal
-
-
-
60 756
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
29 132
total
-
-
-
114 644
Employee
55 558
-
201 651
-
municipal
16 567
-
60 132
-
national
-
-
28 609
-
total
16 567
-
88 741
-
Employer
55 558
-
201 651
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
155 486
228 500
-
-
income
34 207
50 270
-
-
total
34 207
50 270
-
-
Dividends
121 279
178 230
-
-
withholding
36 384
53 469
-
-
total
36 384
53 469
-
-
Income
228 500
228 500
228 500
228 500
Total tax
104 615
103 739
115 590
114 644
After tax
123 885
124 761
112 910
113 856
Living cost
38 990
38 990
38 990
38 990
Free-cash
84 895
85 771
73 920
74 866

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74346
₽88525
₽71639
₽101509
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
228 500
trade
-
-
-
29 870
income

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

-
-
-
76 259
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.

-
-
-
6 894
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.

-
-
-
4 194
total
-
-
-
117 217
Employee

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

51 177
-
228 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
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.

241
-
4 194
-
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.

4 397
-
76 259
-
total
11 532
-
87 347
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 323
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.

1 463
1 884
-
-
income
26 599
34 274
-
-
trade
29 169
37 587
-
-
chamber of commerce
406
479
-
-
total
57 637
74 224
-
-
Dividends
119 687
154 275
-
-
surtax

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

1 624
2 101
-
-
withholding
29 538
38 185
-
-
total
31 162
40 286
-
-
Income
228 500
228 500
228 500
228 500
Total tax
100 331
114 510
87 347
117 217
After tax
128 169
113 990
141 153
111 283
Living cost
39 644
39 644
39 644
39 644
Free-cash
88 525
74 346
101 509
71 639

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133798
₽129608
₽120907
₽119034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
52 705
health
-
-
-
5 828
social contributions
-
-
-
16 328
total
-
-
-
74 861
Employee
77 600
77 600
215 820
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
3 669
-
income
8 149
7 183
51 698
-
total
12 692
14 942
64 054
-
Employer
77 600
77 600
215 820
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
3 993
-
total
4 612
7 876
12 680
-
Corporate
178 465
143 023
-
-
income
22 309
17 877
-
-
total
22 309
17 877
-
-
Dividends
156 156
125 146
-
-
withholding
26 547
21 275
-
-
total
26 547
21 275
-
-
Income
228 500
228 500
228 500
228 500
Total tax
66 160
61 970
76 734
74 861
After tax
162 340
166 530
151 766
153 639
Living cost
32 732
32 732
32 732
32 732
Free-cash
129 608
133 798
119 034
120 907

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
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.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109917
₽110297
₽139957
₽114126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
22 850
unemployment
-
-
-
3 427
health
-
-
-
15 995
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.

26 470
10 535
191 213
-
health
1 853
737
13 385
-
income
3 236
1 288
23 376
-
pensions
2 647
1 053
19 121
-
unemployment
397
158
2 868
-
total
8 133
3 236
58 750
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
191 213
-
pensions
5 162
2 054
37 287
-
total
5 162
2 054
37 287
-
Corporate
196 869
215 911
-
-
income
17 718
19 432
-
-
total
17 718
19 432
-
-
Dividends
179 151
196 479
-
-
social contributions
34 814
38 193
-
-
withholding
34 039
37 331
-
-
total
68 853
75 524
-
-
Income
228 500
228 500
228 500
228 500
Total tax
99 866
100 246
96 037
70 206
After tax
128 634
128 254
132 463
158 294
Living cost
18 337
18 337
18 337
18 337
Free-cash
110 297
109 917
114 126
139 957

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158425
₽152155
₽98100
₽107328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 618
pensions
-
-
-
45 702
health
-
-
-
29 705
total
-
-
-
106 025
Employee
28 629
-
170 777
-
income
3 223
-
32 926
-
pensions
573
-
3 415
-
unemployment
458
-
2 733
-
total
4 254
-
39 074
-
Employer
28 629
-
170 777
-
unemployment
230
-
1 365
-
pensions
5 726
-
34 156
-
health
3 721
-
22 202
-
total
9 677
-
57 723
-
Corporate
190 195
228 500
-
-
income
38 039
45 700
-
-
total
38 039
45 700
-
-
Dividends
152 155
182 800
-
-
total
-
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
51 970
45 700
96 797
106 025
After tax
176 530
182 800
131 703
122 475
Living cost
24 375
24 375
24 375
24 375
Free-cash
152 155
158 425
107 328
98 100

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3560
₽15123
₽133947
₽103867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
65 497
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
72 484
Employee
34 715
-
208 844
-
health
3 975
-
23 913
-
income
4 763
-
51 341
-
pensions
3 909
-
7 653
-
total
12 647
-
82 907
-
Employer
34 715
-
208 844
-
accident
580
-
3 488
-
unemployment
850
-
5 117
-
pensions
5 645
-
11 052
-
total
7 075
-
19 657
-
Corporate
186 710
228 500
-
-
income

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

168 039
205 650
-
-
total
168 039
205 650
-
-
Dividends
18 671
22 850
-
-
withholding
3 547
4 341
-
-
total
3 547
4 341
-
-
Income
228 500
228 500
228 500
228 500
Total tax
191 308
209 991
102 564
72 484
After tax
37 192
18 509
125 936
156 016
Living cost
22 069
22 069
22 069
22 069
Free-cash
15 123
-3 560
103 867
133 947

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽207996
₽206294
₽217136
₽173721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
228 500
-
income
2 269
-
45 700
-
total
2 269
-
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%.

217 151
228 500
-
-
total
-
-
-
-
Dividends
217 151
228 500
-
-
withholding
10 858
11 425
-
-
total
10 858
11 425
-
-
Income
228 500
228 500
228 500
228 500
Total tax
13 127
11 425
45 700
2 285
After tax
215 373
217 075
182 800
226 215
Living cost
9 079
9 079
9 079
9 079
Free-cash
206 294
207 996
173 721
217 136

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140990
₽134174
₽110601
₽108716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
40 136
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
91 009
Employee
36 642
-
189 539
-
health
513
-
2 149
-
income
6 308
-
39 508
-
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.

2 564
-
10 742
-
unemployment
366
-
1 534
-
total
9 751
-
53 933
-
Employer
36 642
-
189 539
-
accident
293
-
1 517
-
other
1 833
-
7 672
-
unemployment
366
-
1 534
-
pensions

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

6 230
-
26 089
-
health
513
-
2 149
-
total
9 235
-
38 961
-
Corporate
182 624
228 500
-
-
income
38 352
47 984
-
-
total
38 352
47 984
-
-
Dividends
144 272
180 516
-
-
withholding
10 098
12 636
-
-
total
10 098
12 636
-
-
Income
228 500
228 500
228 500
228 500
Total tax
67 436
60 620
92 894
91 009
After tax
161 064
167 880
135 606
137 491
Living cost
26 890
26 890
26 890
26 890
Free-cash
134 174
140 990
108 716
110 601

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
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.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76440
₽84596
₽80033
₽59626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
70 627
pensions
-
-
-
10 113
total
-
-
-
80 740
Employee
95 823
-
199 143
-
health
1 579
-
2 692
-
income
17 273
-
57 025
-
pensions
9 244
-
12 073
-
total
28 096
-
71 790
-
Employer
95 823
-
199 143
-
pensions
11 314
-
25 572
-
health
1 820
-
3 785
-
total
13 134
-
29 357
-
Corporate
119 543
228 500
-
-
income

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

22 713
43 416
-
-
total
22 713
43 416
-
-
Dividends
96 830
185 084
-
-
withholding
12 234
40 917
-
-
total
12 234
40 917
-
-
Income
228 500
228 500
228 500
228 500
Total tax
76 177
84 333
101 147
80 740
After tax
152 323
144 167
127 353
147 760
Living cost
67 727
67 727
67 727
67 727
Free-cash
84 596
76 440
59 626
80 033

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽182128
₽177438
₽171569
₽181075
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
43 692
Employee
17 531
-
221 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
22 158
-
pensions

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

1 539
-
3 097
-
total
4 291
-
27 265
-
Employer
17 531
-
221 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
207 529
228 500
-
-
income
20 753
22 850
-
-
total
20 753
22 850
-
-
Dividends
186 776
205 650
-
-
withholding
9 339
10 283
-
-
total
9 339
10 283
-
-
Income
228 500
228 500
228 500
228 500
Total tax
37 823
33 133
34 186
43 692
After tax
190 677
195 367
194 314
184 808
Living cost
13 239
13 239
13 239
13 239
Free-cash
177 438
182 128
181 075
171 569

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57927
₽60464
₽66659
₽90175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
81 613
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
105 881
Employee
93 563
86 179
209 746
-
health
11 672
11 251
12 444
-
income

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

14 106
14 106
39 343
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
63 611
-
Employer
93 563
86 179
209 746
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
118 556
127 230
-
-
income
23 711
25 446
-
-
total
23 711
25 446
-
-
Dividends
94 845
101 784
-
-
income
20 154
21 629
-
-
withholding
14 227
15 267
-
-
total
34 381
36 896
-
-
Income
228 500
228 500
228 500
228 500
Total tax
112 076
114 613
82 365
105 881
After tax
116 424
113 887
146 135
122 619
Living cost
55 960
55 960
55 960
55 960
Free-cash
60 464
57 927
90 175
66 659

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133152
₽124530
₽111208
₽101136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 431
health
-
-
-
30 848
solidarity contribution
-
-
-
3 064
social contributions
-
-
-
34 779
total
-
-
-
93 122
Employee
35 544
-
182 315
-
social contributions
2 310
-
7 742
-
health
4 798
-
24 613
-
solidarity contribution
-
-
2 160
-
income
4 265
-
22 494
-
total
11 373
-
57 009
-
Employer
35 544
-
182 315
-
social contributions
8 886
-
29 777
-
health
3 199
-
16 408
-
total
12 085
-
46 185
-
Corporate
180 871
228 500
-
-
income
34 366
43 415
-
-
total
34 366
43 415
-
-
Dividends
146 506
185 085
-
-
withholding
21 976
27 763
-
-
total
21 976
27 763
-
-
Income
228 500
228 500
228 500
228 500
Total tax
79 800
71 178
103 194
93 122
After tax
148 700
157 322
125 306
135 378
Living cost
24 170
24 170
24 170
24 170
Free-cash
124 530
133 152
101 136
111 208

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79331
₽74061
₽67631
₽59077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
municipal
-
-
-
1 425
regional
-
-
-
2 896
national
-
-
-
63 456
social contributions
-
-
-
50 509
total
-
-
-
118 286
Employee
89 689
-
228 500
-
social contributions
30 243
-
66 218
-
regional
846
-
2 622
-
municipal
475
-
1 298
-
national
15 541
-
56 702
-
total
47 105
-
126 840
-
Employer
89 689
-
228 500
-
total
-
-
-
-
Corporate
138 811
228 500
-
-
nationa
33 315
54 840
-
-
municipal
5 414
8 911
-
-
total
38 729
63 751
-
-
Dividends
100 083
164 749
-
-
withholding
26 022
42 835
-
-
total
26 022
42 835
-
-
Income
228 500
228 500
228 500
228 500
Total tax
111 856
106 586
126 840
118 286
After tax
116 644
121 914
101 660
110 214
Living cost
42 583
42 583
42 583
42 583
Free-cash
74 061
79 331
59 077
67 631

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121458
₽118316
₽85189
₽79019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 126
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
12 186
total
-
-
-
121 042
Employee
33 373
-
200 149
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
10 979
-
income
5 594
-
66 090
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
98 861
-
Employer
33 373
-
200 149
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
188 103
228 500
-
-
income
48 907
59 410
-
-
total
48 907
59 410
-
-
Dividends
139 195
169 090
-
-
withholding
20 880
25 363
-
-
total
20 880
25 363
-
-
Income
228 500
228 500
228 500
228 500
Total tax
87 915
84 773
127 212
121 042
After tax
140 585
143 727
101 288
107 458
Living cost
22 269
22 269
22 269
22 269
Free-cash
118 316
121 458
79 019
85 189

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97898
₽104590
₽101491
₽81084
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
70 627
pensions
-
-
-
10 113
total
-
-
-
80 740
Employee
64 218
-
199 143
-
health
932
-
2 692
-
income
11 566
-
57 025
-
pensions
5 451
-
12 073
-
total
17 949
-
71 790
-
Employer
64 218
-
199 143
-
pensions
6 952
-
25 572
-
health
1 220
-
3 785
-
total
8 172
-
29 357
-
Corporate
156 110
228 500
-
-
income

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

29 660
43 416
-
-
total
29 660
43 416
-
-
Dividends
126 450
185 084
-
-
withholding
21 860
40 917
-
-
total
21 860
40 917
-
-
Income
228 500
228 500
228 500
228 500
Total tax
77 641
84 333
101 147
80 740
After tax
150 859
144 167
127 353
147 760
Living cost
46 269
46 269
46 269
46 269
Free-cash
104 590
97 898
81 084
101 491

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28215
₽60847
₽104737
₽96593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 408
pensions
-
-
-
21 022
other

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

-
-
-
4 570
regional
-
-
-
12 919
health
-
-
-
513
national
-
-
-
6 058
total
-
-
-
47 490
Employee
89 259
-
205 776
-
city
958
-
2 227
-
regional
2 923
-
11 548
-
health
202
-
462
-
pensions
7 499
-
15 883
-
unemployment
-
-
-
-
national
422
-
5 053
-
total
12 004
-
35 173
-
Employer
89 259
-
205 776
-
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.

1 785
-
4 116
-
unemployment
-
-
-
-
pensions
7 499
-
15 883
-
health
202
-
462
-
total
9 486
-
20 461
-
Corporate
128 775
228 500
-
-
regional
27 235
48 328
-
-
national
10 947
19 423
-
-
total
38 182
67 751
-
-
Dividends
90 593
160 749
-
-
withholding
31 708
56 261
-
-
total
31 708
56 261
-
-
Income
228 500
228 500
228 500
228 500
Total tax
91 380
124 012
55 634
47 490
After tax
137 120
104 488
172 866
181 010
Living cost
76 273
76 273
76 273
76 273
Free-cash
60 847
28 215
96 593
104 737

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽66584
₽82947
₽63781
₽94922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
228 500
trade
-
-
-
31 141
income

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

-
-
-
76 259
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.

-
-
-
6 894
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.

-
-
-
4 194
total
-
-
-
118 488
Employee

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

60 649
-
228 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
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.

393
-
4 194
-
income

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

7 132
-
76 259
-
total
14 419
-
87 347
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 851
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.

1 385
1 884
-
-
income
25 178
34 274
-
-
trade
28 786
39 188
-
-
chamber of commerce
389
475
-
-
total
55 738
75 821
-
-
Dividends
112 114
152 678
-
-
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.

1 521
2 078
-
-
withholding
27 644
37 787
-
-
total
29 165
39 865
-
-
Income
228 500
228 500
228 500
228 500
Total tax
99 322
115 686
87 347
118 488
After tax
129 178
112 814
141 153
110 012
Living cost
46 230
46 230
46 230
46 230
Free-cash
82 947
66 584
94 922
63 781

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80637
₽86597
₽90385
₽83596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
42 842
pensions
-
-
-
35 908
other
-
-
-
7 084
health
-
-
-
11 245
surtax
-
-
-
-
social contributions
-
-
-
6 509
total
-
-
-
103 588
Employee
43 191
-
174 226
-
social contributions
1 231
-
4 964
-
surtax
-
-
-
-
income
2 549
-
37 939
-
pensions
4 883
-
13 201
-
total
8 663
-
56 104
-
Employer
43 191
-
174 226
-
other
1 490
-
7 259
-
social contributions
130
-
523
-
unemployment
1 748
-
7 057
-
pensions
7 095
-
22 028
-
health
3 024
-
17 406
-
total
13 487
-
54 273
-
Corporate
171 821
228 500
-
-
surtax
-
-
-
-
income
48 111
63 979
-
-
total
48 111
63 979
-
-
Dividends
123 710
164 521
-
-
surtax
-
-
-
-
social contributions
21 279
28 299
-
-
withholding
15 836
21 058
-
-
total
37 115
49 357
-
-
Income
228 500
228 500
228 500
228 500
Total tax
107 376
113 336
110 377
103 588
After tax
121 124
115 164
118 123
124 912
Living cost
34 527
34 527
34 527
34 527
Free-cash
86 597
80 637
83 596
90 385

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84058
₽89667
₽93806
₽87017
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
42 842
pensions
-
-
-
35 908
other
-
-
-
7 084
health
-
-
-
11 245
surtax
-
-
-
-
social contributions
-
-
-
6 509
total
-
-
-
103 588
Employee
38 554
-
174 226
-
social contributions
1 099
-
4 964
-
surtax
-
-
-
-
income
1 988
-
37 939
-
pensions
4 361
-
13 201
-
total
7 448
-
56 104
-
Employer
38 554
-
174 226
-
other
1 331
-
7 259
-
social contributions
115
-
523
-
unemployment
1 561
-
7 057
-
pensions
6 335
-
22 028
-
health
2 698
-
17 406
-
total
12 040
-
54 273
-
Corporate
177 906
228 500
-
-
surtax
-
-
-
-
income
49 813
63 979
-
-
total
49 813
63 979
-
-
Dividends
128 093
164 521
-
-
surtax
-
-
-
-
social contributions
22 031
28 299
-
-
withholding
16 395
21 058
-
-
total
38 426
49 357
-
-
Income
228 500
228 500
228 500
228 500
Total tax
107 727
113 336
110 377
103 588
After tax
120 773
115 164
118 123
124 912
Living cost
31 106
31 106
31 106
31 106
Free-cash
89 667
84 058
87 017
93 806

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118008
₽118530
₽125344
₽119141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 274
health
-
-
-
15 949
social contributions
-
-
-
31 534
total
-
-
-
81 757
Employee
34 217
-
228 500
-
social contributions
4 723
-
31 534
-
health
2 388
-
15 949
-
income
5 707
-
40 477
-
total
12 818
-
87 960
-
Employer
34 217
-
228 500
-
total
-
-
-
-
Corporate
194 283
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%.

9 713
11 425
-
-
total
9 713
11 425
-
-
Dividends
184 570
217 075
-
-
health
12 883
15 152
-
-
social contributions
25 471
29 956
-
-
withholding
27 686
32 560
-
-
total
66 040
77 668
-
-
Income
228 500
228 500
228 500
228 500
Total tax
88 571
89 093
87 960
81 757
After tax
139 929
139 407
140 540
146 743
Living cost
21 399
21 399
21 399
21 399
Free-cash
118 530
118 008
119 141
125 344

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90384
₽88824
₽81476
₽24331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
913
income
-
-
-
73 334
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
111 465
Employee
50 434
40 217
189 170
-
other
504
402
1 180
-
health
1 951
1 557
4 562
-
income
5 741
2 966
61 593
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 874
10 249
82 945
-
Employer
50 434
40 217
189 170
-
accident
655
523
1 532
-
other
2 396
1 909
8 379
-
chamber of commerce
201
161
756
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
5 674
-
health
1 906
1 521
4 456
-
total
14 712
11 775
39 329
-
Corporate
163 355
176 509
185 340
-
income

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

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

40 839
44 127
46 336
-
total
40 839
44 127
46 336
-
Dividends
122 515
132 382
-
-
withholding
33 692
36 406
-
-
total
33 692
36 406
-
-
Income
228 500
228 500
228 500
228 500
Total tax
104 117
102 557
168 610
111 465
After tax
124 383
125 943
59 890
117 035
Living cost
35 559
35 559
35 559
35 559
Free-cash
88 824
90 384
24 331
81 476

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88513
₽75757
₽62595
₽40821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
91 748
communal

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

-
-
-
12 201
social contributions
-
-
-
25 160
total
-
-
-
129 109
Employee

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

72 186
-
176 980
-
communal

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

3 765
-
9 231
-
health

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

3 392
-
8 319
-
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.

5 414
-
13 273
-
unemployment

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

628
-
1 540
-
national
22 193
-
67 001
-
total
35 392
-
99 364
-
Employer

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

72 186
-
176 980
-
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.

938
-
2 300
-
unemployment

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

1 053
-
2 583
-
surtax
8 185
-
20 070
-
pensions

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

6 396
-
15 681
-
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.

4 439
-
10 885
-
total
21 011
-
51 519
-
Corporate
135 301
228 500
-
-
surtax
542
981
-
-
income
27 060
49 030
-
-
total
27 602
50 011
-
-
Dividends
107 699
178 489
-
-
withholding

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

31 942
53 180
-
-
total
31 942
53 180
-
-
Income
228 500
228 500
228 500
228 500
Total tax
115 947
103 191
150 883
129 109
After tax
112 553
125 309
77 617
99 391
Living cost
36 796
36 796
36 796
36 796
Free-cash
75 757
88 513
40 821
62 595

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115255
₽108341
₽91221
₽86986
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
72 772
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
100 834
Employee
50 234
-
198 680
-
other
50
-
94
-
income
10 599
-
69 308
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
75 249
-
Employer
50 234
-
198 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
162 254
228 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

24 339
34 274
-
-
total
24 339
34 274
-
-
Dividends
137 915
194 226
-
-
withholding
29 575
42 526
-
-
total
29 575
42 526
-
-
Income
228 500
228 500
228 500
228 500
Total tax
83 714
76 800
105 069
100 834
After tax
144 786
151 700
123 431
127 666
Living cost
36 445
36 445
36 445
36 445
Free-cash
108 341
115 255
86 986
91 221

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
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.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74430
₽60552
₽52449
₽61561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 927
income
-
-
-
43 209
pensions
-
-
-
34 249
health
-
-
-
16 054
surtax
-
-
-
11 328
communal
-
-
-
14 442
total
-
-
-
121 209
Employee
76 423
-
204 111
-
health
3 401
-
9 081
-
surtax
4 684
-
12 509
-
income
7 382
-
49 790
-
pensions
6 113
-
16 328
-
total
21 580
-
87 708
-
Employer
76 423
-
204 111
-
accident
688
-
1 837
-
pensions
6 113
-
16 328
-
health
2 331
-
6 224
-
total
9 132
-
24 389
-
Corporate
142 945
228 500
-
-
surtax
1 501
2 400
-
-
communal
9 648
15 424
-
-
income
21 441
34 274
-
-
total
32 590
52 098
-
-
Dividends
110 354
176 402
-
-
income
33 250
20 669
-
-
withholding
16 554
26 461
-
-
total
49 804
47 130
-
-
Income
228 500
228 500
228 500
228 500
Total tax
113 106
99 228
112 097
121 209
After tax
115 394
129 272
116 403
107 291
Living cost
54 842
54 842
54 842
54 842
Free-cash
60 552
74 430
61 561
52 449

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121060
₽117849
₽84791
₽78621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 126
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
12 186
total
-
-
-
121 042
Employee
33 985
-
200 149
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
10 979
-
income
5 697
-
66 090
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
98 861
-
Employer
33 985
-
200 149
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
187 360
228 500
-
-
income
48 714
59 410
-
-
total
48 714
59 410
-
-
Dividends
138 646
169 090
-
-
withholding
20 798
25 363
-
-
total
20 798
25 363
-
-
Income
228 500
228 500
228 500
228 500
Total tax
87 984
84 773
127 212
121 042
After tax
140 516
143 727
101 288
107 458
Living cost
22 667
22 667
22 667
22 667
Free-cash
117 849
121 060
78 621
84 791

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92920
₽90679
₽82312
₽73802
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
municipal
-
-
-
1 425
regional
-
-
-
3 613
national
-
-
-
63 456
social contributions
-
-
-
50 509
total
-
-
-
119 003
Employee
55 980
-
228 500
-
social contributions
18 877
-
66 218
-
regional
754
-
3 295
-
municipal
297
-
1 298
-
national
8 869
-
56 702
-
total
28 797
-
127 513
-
Employer
55 980
-
228 500
-
total
-
-
-
-
Corporate
172 520
228 500
-
-
nationa
41 404
54 840
-
-
municipal
8 574
11 356
-
-
total
49 978
66 196
-
-
Dividends
122 542
162 303
-
-
withholding
31 861
42 199
-
-
total
31 861
42 199
-
-
Income
228 500
228 500
228 500
228 500
Total tax
110 636
108 395
127 513
119 003
After tax
117 864
120 105
100 987
109 497
Living cost
27 185
27 185
27 185
27 185
Free-cash
90 679
92 920
73 802
82 312

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
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.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127539
₽116913
₽105595
₽95523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 431
health
-
-
-
30 848
solidarity contribution
-
-
-
3 064
social contributions
-
-
-
34 779
total
-
-
-
93 122
Employee
43 799
-
182 315
-
social contributions
2 847
-
7 742
-
health
5 913
-
24 613
-
solidarity contribution
-
-
2 160
-
income
5 256
-
22 494
-
total
14 016
-
57 009
-
Employer
43 799
-
182 315
-
social contributions
10 950
-
29 777
-
health
3 942
-
16 408
-
total
14 892
-
46 185
-
Corporate
169 809
228 500
-
-
income
32 264
43 415
-
-
total
32 264
43 415
-
-
Dividends
137 545
185 085
-
-
withholding
20 632
27 763
-
-
total
20 632
27 763
-
-
Income
228 500
228 500
228 500
228 500
Total tax
81 804
71 178
103 194
93 122
After tax
146 696
157 322
125 306
135 378
Living cost
29 783
29 783
29 783
29 783
Free-cash
116 913
127 539
95 523
105 595

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93856
₽93357
₽85038
₽27747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
913
income
-
-
-
73 334
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
111 266
Employee
44 114
40 217
189 354
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 966
61 681
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 249
83 033
-
Employer
44 114
40 217
189 354
-
accident
573
523
1 532
-
other
2 095
1 909
8 386
-
chamber of commerce
176
161
756
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
5 680
-
health
1 668
1 521
4 456
-
total
12 695
11 576
39 143
-
Corporate
171 691
176 708
185 525
-
income

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

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

42 923
44 177
46 381
-
total
42 923
44 177
46 381
-
Dividends
128 768
132 531
-
-
withholding
35 412
36 446
-
-
total
35 412
36 446
-
-
Income
228 500
228 500
228 500
228 500
Total tax
102 947
102 448
168 557
111 266
After tax
125 553
126 052
59 943
117 234
Living cost
32 196
32 196
32 196
32 196
Free-cash
93 357
93 856
27 747
85 038

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽202926
₽200273
₽212066
₽168651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
228 500
-
income
3 537
-
45 700
-
total
3 537
-
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%.

210 814
228 500
-
-
total
-
-
-
-
Dividends
210 814
228 500
-
-
withholding
10 541
11 425
-
-
total
10 541
11 425
-
-
Income
228 500
228 500
228 500
228 500
Total tax
14 078
11 425
45 700
2 285
After tax
214 422
217 075
182 800
226 215
Living cost
14 149
14 149
14 149
14 149
Free-cash
200 273
202 926
168 651
212 066

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130254
₽121813
₽78861
₽73899
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
228 500
income
-
-
-
58 013
pensions
-
-
-
41 730
unemployment
-
-
-
343
health
-
-
-
22 485
total
-
-
-
122 571
Employee

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

44 626
-
197 715
-
health
2 882
-
12 772
-
income
7 696
-
53 053
-
pensions
6 917
-
30 645
-
unemployment
63
-
278
-
total
17 558
-
96 748
-
Employer

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

44 626
-
197 715
-
unemployment
27
-
119
-
pensions
3 949
-
17 498
-
health
2 972
-
13 168
-
total
6 948
-
30 785
-
Corporate
176 926
228 500
-
-
income
33 616
43 415
-
-
total
33 616
43 415
-
-
Dividends
143 311
185 085
-
-
withholding
21 497
27 763
-
-
total
21 497
27 763
-
-
Income
228 500
228 500
228 500
228 500
Total tax
79 619
71 178
127 533
122 571
After tax
148 881
157 322
100 967
105 929
Living cost
27 068
27 068
27 068
27 068
Free-cash
121 813
130 254
73 899
78 861

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
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.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95439
₽47398
₽114332
₽171633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
77 906
228 500
-
-
income
17 139
50 270
-
-
total
17 139
50 270
-
-
Dividends
60 767
178 230
-
-
income
13 369
39 211
-
-
total
13 369
39 211
-
-
Income
228 500
228 500
228 500
228 500
Total tax
137 522
89 481
13 287
70 588
After tax
90 978
139 019
215 213
157 912
Living cost
43 580
43 580
43 580
43 580
Free-cash
47 398
95 439
171 633
114 332

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98317
₽97302
₽87463
₽69563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 980
surtax
-
-
-
-
social contributions

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

-
-
-
79 403
total
-
-
-
109 383
Employee
46 414
-
184 646
-
social contributions
5 106
-
20 311
-
surtax
-
-
278
-
income
9 654
-
62 840
-
total
14 760
-
83 429
-
Employer
46 414
-
184 646
-
social contributions
11 023
-
43 854
-
total
11 023
-
43 854
-
Corporate
171 063
228 500
-
-
surtax
-
-
-
-
income
35 923
47 984
-
-
total
35 923
47 984
-
-
Dividends
135 140
180 516
-
-
withholding
37 838
50 545
-
-
total
37 838
50 545
-
-
Income
228 500
228 500
228 500
228 500
Total tax
99 544
98 529
127 283
109 383
After tax
128 956
129 971
101 217
119 117
Living cost
31 654
31 654
31 654
31 654
Free-cash
97 302
98 317
69 563
87 463

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66422
₽73360
₽76170
₽69381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
42 842
pensions
-
-
-
35 908
other
-
-
-
7 084
health
-
-
-
11 245
surtax
-
-
-
-
social contributions
-
-
-
6 509
total
-
-
-
103 588
Employee
63 206
-
174 226
-
social contributions
1 800
-
4 964
-
surtax
-
-
-
-
income
5 515
-
37 939
-
pensions
7 149
-
13 201
-
total
14 464
-
56 104
-
Employer
63 206
-
174 226
-
other
2 181
-
7 259
-
social contributions
190
-
523
-
unemployment
2 560
-
7 057
-
pensions
10 386
-
22 028
-
health
4 424
-
17 406
-
total
19 741
-
54 273
-
Corporate
145 553
228 500
-
-
surtax
-
-
-
-
income
40 755
63 979
-
-
total
40 755
63 979
-
-
Dividends
104 798
164 521
-
-
surtax
-
-
-
-
social contributions
18 025
28 299
-
-
withholding
13 413
21 058
-
-
total
31 438
49 357
-
-
Income
228 500
228 500
228 500
228 500
Total tax
106 398
113 336
110 377
103 588
After tax
122 102
115 164
118 123
124 912
Living cost
48 742
48 742
48 742
48 742
Free-cash
73 360
66 422
69 381
76 170

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175314
₽171924
₽136199
₽142271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
11 695
social contributions
-
-
-
50 271
total
-
-
-
61 966
Employee
32 444
-
197 836
-
income
-
-
12 370
-
social contributions
2 109
-
12 860
-
total
2 109
-
25 230
-
Employer
32 444
-
197 836
-
social contributions
5 029
-
30 664
-
total
5 029
-
30 664
-
Corporate
191 027
228 500
-
-
income
19 103
22 851
-
-
total
19 103
22 851
-
-
Dividends
171 924
205 649
-
-
total
-
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
26 241
22 851
55 894
61 966
After tax
202 259
205 649
172 606
166 534
Living cost
30 335
30 335
30 335
30 335
Free-cash
171 924
175 314
142 271
136 199

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8529
₽4857
₽83214
₽8529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
municipal
-
-
-
49 102
pensions
-
-
-
875
national
-
-
-
28 476
labour market
-
-
-
18 210
total
-
-
-
96 663
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
8 529
-
-
-
income
1 876
-
-
-
total
1 876
-
-
-
Dividends
6 653
-
-
-
withholding
1 796
-
-
-
total
1 796
-
-
-
Income
228 500
228 500
228 500
228 500
Total tax
175 020
171 348
171 348
96 663
After tax
53 480
57 152
57 152
131 837
Living cost
48 623
48 623
48 623
48 623
Free-cash
4 857
8 529
8 529
83 214

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
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.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3234
₽15173
₽134273
₽104193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
65 497
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
72 484
Employee
34 203
-
208 844
-
health
3 917
-
23 913
-
income
4 692
-
51 341
-
pensions
3 852
-
7 653
-
total
12 461
-
82 907
-
Employer
34 203
-
208 844
-
accident
571
-
3 488
-
unemployment
838
-
5 117
-
pensions
5 561
-
11 052
-
total
6 970
-
19 657
-
Corporate
187 326
228 500
-
-
income

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

168 594
205 650
-
-
total
168 594
205 650
-
-
Dividends
18 732
22 850
-
-
withholding
3 559
4 341
-
-
total
3 559
4 341
-
-
Income
228 500
228 500
228 500
228 500
Total tax
191 584
209 991
102 564
72 484
After tax
36 916
18 509
125 936
156 016
Living cost
21 743
21 743
21 743
21 743
Free-cash
15 173
-3 234
104 193
134 273

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101286
₽104404
₽101262
₽75090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
228 500
municipal
-
-
-
40 573
health
-
-
-
3 099
national
-
-
-
44 821
total
-
-
-
88 493
Employee
53 094
-
192 228
-
health
396
-
2 539
-
municipal
8 696
-
31 289
-
pensions
3 583
-
12 975
-
unemployment
797
-
2 884
-
national
877
-
28 706
-
total
14 349
-
78 393
-
Employer
53 094
-
192 228
-
accident
54
-
192
-
unemployment
345
-
1 249
-
pensions
9 212
-
33 351
-
health
408
-
1 480
-
total
10 019
-
36 272
-
Corporate
165 388
228 500
-
-
income
33 077
45 700
-
-
total
33 077
45 700
-
-
Dividends

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

99 233
137 100
-
-
national
10 044
18 091
-
-
municipal
17 862
24 678
-
-
total
27 906
42 769
-
-
Income
228 500
228 500
228 500
228 500
Total tax
85 351
88 469
114 665
88 493
After tax
143 149
140 031
113 835
140 007
Living cost
38 745
38 745
38 745
38 745
Free-cash
104 404
101 286
75 090
101 262

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143165
₽137671
₽130274
₽128401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
52 705
health
-
-
-
5 828
social contributions
-
-
-
16 328
total
-
-
-
74 861
Employee
77 600
77 600
215 820
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
3 669
-
income
8 449
7 183
51 698
-
total
11 984
14 942
64 054
-
Employer
77 600
77 600
215 820
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
3 993
-
total
3 587
7 876
12 680
-
Corporate
189 563
143 023
-
-
income
23 695
17 877
-
-
total
23 695
17 877
-
-
Dividends
165 868
125 146
-
-
withholding
28 198
21 275
-
-
total
28 198
21 275
-
-
Income
228 500
228 500
228 500
228 500
Total tax
67 464
61 970
76 734
74 861
After tax
161 036
166 530
151 766
153 639
Living cost
23 365
23 365
23 365
23 365
Free-cash
137 671
143 165
128 401
130 274

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173199
₽168063
₽178710
₽158468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 667
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
33 767
Employee

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

23 164
-
218 637
-
health
1 969
-
8 139
-
income
1 584
-
21 166
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
44 147
-
Employer

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

23 164
-
218 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
202 952
228 500
-
-
income
18 266
20 564
-
-
total
18 266
20 564
-
-
Dividends
184 686
207 936
-
-
withholding
16 621
18 714
-
-
total
16 621
18 714
-
-
Income
228 500
228 500
228 500
228 500
Total tax
44 414
39 278
54 009
33 767
After tax
184 086
189 222
174 491
194 733
Living cost
16 023
16 023
16 023
16 023
Free-cash
168 063
173 199
158 468
178 710

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
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.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123949
₽119491
₽99915
₽95680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
72 772
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
100 834
Employee
37 315
-
198 680
-
other
36
-
94
-
income
7 194
-
69 308
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
75 249
-
Employer
37 315
-
198 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
179 289
228 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

26 894
34 274
-
-
total
26 894
34 274
-
-
Dividends
152 395
194 226
-
-
withholding
32 905
42 526
-
-
total
32 905
42 526
-
-
Income
228 500
228 500
228 500
228 500
Total tax
81 258
76 800
105 069
100 834
After tax
147 242
151 700
123 431
127 666
Living cost
27 751
27 751
27 751
27 751
Free-cash
119 491
123 949
95 680
99 915

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139828
₽139374
₽144151
₽143953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
78 126
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
81 593
Employee
4 198
-
226 238
-
health
210
-
503
-
income
812
-
78 020
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
79 529
-
Employer
4 198
-
226 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
223 358
228 500
-
-
income
49 139
50 270
-
-
total
49 139
50 270
-
-
Dividends
174 219
178 230
-
-
withholding
34 844
35 646
-
-
total
34 844
35 646
-
-
Income
228 500
228 500
228 500
228 500
Total tax
86 370
85 916
81 791
81 593
After tax
142 130
142 584
146 709
146 907
Living cost
2 756
2 756
2 756
2 756
Free-cash
139 374
139 828
143 953
144 151

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147638
₽142674
₽129945
₽129946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
228 500
income
-
-
-
52 909
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
81 102
Employee

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

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

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

26 319
-
215 149
-
health
1 355
-
3 841
-
income
3 628
-
52 909
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
67 751
-
Employer

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

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

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

26 319
-
215 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
197 470
228 500
-
-
income
29 621
34 275
-
-
total
29 621
34 275
-
-
Dividends
167 850
194 225
-
-
withholding
25 177
29 134
-
-
total
25 177
29 134
-
-
Income
228 500
228 500
228 500
228 500
Total tax
68 373
63 409
81 101
81 102
After tax
160 127
165 091
147 399
147 398
Living cost
17 453
17 453
17 453
17 453
Free-cash
142 674
147 638
129 946
129 945

Estimated living cost  is ₽17453 per week

₽11751
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.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102765
₽102402
₽91911
₽74011
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 980
surtax
-
-
-
-
social contributions

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

-
-
-
79 403
total
-
-
-
109 383
Employee
39 168
-
184 646
-
social contributions
4 309
-
20 311
-
surtax
-
-
278
-
income
7 653
-
62 840
-
total
11 962
-
83 429
-
Employer
39 168
-
184 646
-
social contributions
9 302
-
43 854
-
total
9 302
-
43 854
-
Corporate
180 030
228 500
-
-
surtax
-
-
-
-
income
37 806
47 984
-
-
total
37 806
47 984
-
-
Dividends
142 225
180 516
-
-
withholding
39 822
50 545
-
-
total
39 822
50 545
-
-
Income
228 500
228 500
228 500
228 500
Total tax
98 892
98 529
127 283
109 383
After tax
129 608
129 971
101 217
119 117
Living cost
27 206
27 206
27 206
27 206
Free-cash
102 402
102 765
74 011
91 911

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116233
₽109627
₽92199
₽87964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
72 772
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
100 834
Employee
48 738
-
198 680
-
other
48
-
94
-
income
10 180
-
69 308
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
75 249
-
Employer
48 738
-
198 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
164 223
228 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

24 634
34 274
-
-
total
24 634
34 274
-
-
Dividends
139 589
194 226
-
-
withholding
29 960
42 526
-
-
total
29 960
42 526
-
-
Income
228 500
228 500
228 500
228 500
Total tax
83 406
76 800
105 069
100 834
After tax
145 094
151 700
123 431
127 666
Living cost
35 467
35 467
35 467
35 467
Free-cash
109 627
116 233
87 964
92 199

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177996
₽171843
₽167437
₽176943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
43 692
Employee
23 001
-
221 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
22 158
-
pensions

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

2 019
-
3 097
-
total
5 630
-
27 265
-
Employer
23 001
-
221 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
200 986
228 500
-
-
income
20 099
22 850
-
-
total
20 099
22 850
-
-
Dividends
180 887
205 650
-
-
withholding
9 044
10 283
-
-
total
9 044
10 283
-
-
Income
228 500
228 500
228 500
228 500
Total tax
39 286
33 133
34 186
43 692
After tax
189 214
195 367
194 314
184 808
Living cost
17 370
17 370
17 370
17 370
Free-cash
171 843
177 996
176 943
167 437

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78555
₽91754
₽76135
₽102192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
228 500
trade
-
-
-
26 057
income

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

-
-
-
76 259
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.

-
-
-
6 894
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.

-
-
-
4 194
total
-
-
-
113 404
Employee

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

50 212
-
228 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
surtax

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

228
-
4 194
-
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.

4 129
-
76 259
-
total
11 251
-
87 347
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 288
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.

1 471
1 884
-
-
income
26 742
34 274
-
-
trade
25 584
32 790
-
-
chamber of commerce
416
488
-
-
total
54 213
69 436
-
-
Dividends
124 075
159 063
-
-
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.

1 685
2 166
-
-
withholding
30 636
39 382
-
-
total
32 321
41 548
-
-
Income
228 500
228 500
228 500
228 500
Total tax
97 785
110 984
87 347
113 404
After tax
130 715
117 516
141 153
115 096
Living cost
38 961
38 961
38 961
38 961
Free-cash
91 754
78 555
102 192
76 135

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102464
₽104691
₽56996
₽56996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 719
social contributions
-
-
-
39 298
total
-
-
-
114 017
Employee
78 939
-
228 500
-
income
14 896
-
74 719
-
social contributions
6 558
-
39 298
-
total
21 454
-
114 017
-
Employer
78 939
-
228 500
-
total
-
-
-
-
Corporate
149 561
228 500
-
-
income
18 695
28 562
-
-
total
18 695
28 562
-
-
Dividends
130 865
199 938
-
-
withholding
26 173
39 987
-
-
total
26 173
39 987
-
-
Income
228 500
228 500
228 500
228 500
Total tax
66 322
68 549
114 017
114 017
After tax
162 178
159 951
114 483
114 483
Living cost
57 487
57 487
57 487
57 487
Free-cash
104 691
102 464
56 996
56 996

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
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.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106559
₽110088
₽150852
₽122738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 274
health

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

-
-
-
6 741
total
-
-
-
41 015
Employee
46 295
-
223 858
-
income
5 023
-
59 845
-
social contributions
4 638
-
4 642
-
total
9 661
-
64 487
-
Employer
46 295
-
223 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
177 567
228 500
-
-
income
62 148
79 976
-
-
total
62 148
79 976
-
-
Dividends
115 419
148 524
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
228 500
228 500
228 500
228 500
Total tax
81 779
85 308
69 129
41 015
After tax
146 721
143 192
159 371
187 485
Living cost
36 633
36 633
36 633
36 633
Free-cash
110 088
106 559
122 738
150 852

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106552
₽112548
₽110145
₽89738
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
income
-
-
-
70 627
pensions
-
-
-
10 113
total
-
-
-
80 740
Employee
51 632
-
199 143
-
health
674
-
2 692
-
income
9 403
-
57 025
-
pensions
3 941
-
12 073
-
total
14 018
-
71 790
-
Employer
51 632
-
199 143
-
pensions
5 217
-
25 572
-
health
981
-
3 785
-
total
6 198
-
29 357
-
Corporate
170 670
228 500
-
-
income

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

32 428
43 416
-
-
total
32 428
43 416
-
-
Dividends
138 242
185 084
-
-
withholding
25 693
40 917
-
-
total
25 693
40 917
-
-
Income
228 500
228 500
228 500
228 500
Total tax
78 337
84 333
101 147
80 740
After tax
150 163
144 167
127 353
147 760
Living cost
37 615
37 615
37 615
37 615
Free-cash
112 548
106 552
89 738
110 145

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5387
₽14841
₽132120
₽102040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
65 497
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
72 484
Employee
37 589
-
208 844
-
health
4 304
-
23 913
-
income
5 157
-
51 341
-
pensions
4 233
-
7 653
-
total
13 694
-
82 907
-
Employer
37 589
-
208 844
-
accident
628
-
3 488
-
unemployment
921
-
5 117
-
pensions
6 112
-
11 052
-
total
7 661
-
19 657
-
Corporate
183 251
228 500
-
-
income

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

164 926
205 650
-
-
total
164 926
205 650
-
-
Dividends
18 325
22 850
-
-
withholding
3 482
4 341
-
-
total
3 482
4 341
-
-
Income
228 500
228 500
228 500
228 500
Total tax
189 763
209 991
102 564
72 484
After tax
38 737
18 509
125 936
156 016
Living cost
23 896
23 896
23 896
23 896
Free-cash
14 841
-5 387
102 040
132 120

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161171
₽158118
₽132046
₽154238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
38 441
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
82 823
Employee

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

21 810
-
228 500
-
work injury
109
-
403
-
income
2 181
-
38 441
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
60 631
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
206 690
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%.

20 669
22 850
-
-
total
20 669
22 850
-
-
Dividends
186 021
205 650
-
-
withholding
27 903
30 848
-
-
total
27 903
30 848
-
-
Income
228 500
228 500
228 500
228 500
Total tax
56 751
53 698
60 631
82 823
After tax
171 749
174 802
167 869
145 677
Living cost
13 631
13 631
13 631
13 631
Free-cash
158 118
161 171
154 238
132 046

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80156
₽75565
₽67142
₽58850
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 500
municipal
-
-
-
1 601
regional
-
-
-
5 589
national
-
-
-
63 456
social contributions
-
-
-
50 509
total
-
-
-
121 155
Employee
85 039
-
228 500
-
social contributions
28 675
-
66 218
-
regional
1 284
-
5 066
-
municipal
507
-
1 461
-
national
14 371
-
56 702
-
total
44 837
-
129 447
-
Employer
85 039
-
228 500
-
total
-
-
-
-
Corporate
143 461
228 500
-
-
nationa
34 431
54 840
-
-
municipal
6 915
11 014
-
-
total
41 346
65 854
-
-
Dividends
102 114
162 646
-
-
withholding
26 549
42 287
-
-
total
26 549
42 287
-
-
Income
228 500
228 500
228 500
228 500
Total tax
112 732
108 141
129 447
121 155
After tax
115 768
120 359
99 053
107 345
Living cost
40 203
40 203
40 203
40 203
Free-cash
75 565
80 156
58 850
67 142

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
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.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close