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
₽ 229500
per

Your estimated
City
free-cash

Dresden , Germany
₽85709
₽96644
₽82574
₽111479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 500
trade
-
-
-
28 905
income

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

-
-
-
77 074
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.

-
-
-
6 756
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.

-
-
-
4 239
total
-
-
-
116 974
Employee

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

37 822
-
229 500
-
income

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

1 057
-
77 074
-
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.

58
-
4 239
-
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.

6 756
-
6 756
-
total
7 871
-
88 069
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 678
229 500
-
-
income
28 751
34 426
-
-
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.

1 582
1 893
-
-
trade
30 190
36 146
-
-
chamber of commerce
426
480
-
-
total
60 949
72 945
-
-
Dividends
130 729
156 554
-
-
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.

1 777
2 132
-
-
withholding
32 307
38 762
-
-
total
34 084
40 894
-
-
Income
229 500
229 500
229 500
229 500
Total tax
102 904
113 839
88 069
116 974
After tax
126 596
115 661
141 431
112 526
Living cost
29 952
29 952
29 952
29 952
Free-cash
96 644
85 709
111 479
82 574

Estimated living cost  is ₽29952 per week

₽18841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89634
₽88743
₽77761
₽78993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
municipal
-
-
-
25 449
national
-
-
-
42 709
pensions
-
-
-
27 540
social contributions
-
-
-
2 467
total
-
-
-
98 165
Employee
83 050
-
198 401
-
national
15 896
-
44 655
-
pensions
3 322
-
7 936
-
municipal
10 258
-
26 337
-
total
29 476
-
78 928
-
Employer
83 050
-
198 401
-
social contributions
893
-
2 133
-
pensions
6 644
-
15 872
-
total
7 537
-
18 005
-
Corporate
133 432
229 500
-
-
income

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

26 686
45 900
-
-
total
26 686
45 900
-
-
Dividends
106 746
183 600
-
-
withholding
23 484
40 392
-
-
total
23 484
40 392
-
-
Income
229 500
229 500
229 500
229 500
Total tax
87 183
86 292
96 933
98 165
After tax
142 317
143 208
132 567
131 335
Living cost
53 574
53 574
53 574
53 574
Free-cash
88 743
89 634
78 993
77 761

Estimated living cost  is ₽53574 per week

₽36414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽802
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163026
₽154916
₽63376
₽79578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 500
microenterprise
-
-
-
-
income
-
-
-
49 141
surtax
-
-
-
58 522
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.

-
-
-
37 888
total
-
-
-
145 551
Employee
28 895
-
181 180
-
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.

3 179
-
12 963
-
income
5 144
-
41 795
-
surtax
-
-
26 272
-
total
8 323
-
81 030
-
Employer
28 895
-
181 180
-
social contributions

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

6 960
-
28 390
-
surtax
-
-
19 929
-
total
6 960
-
48 319
-
Corporate
193 645
229 500
-
-
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%.

38 728
45 901
-
-
total
38 728
45 901
-
-
Dividends

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

154 916
183 599
-
-
total
-
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
54 011
45 901
129 349
145 551
After tax
175 489
183 599
100 151
83 949
Living cost
20 573
20 573
20 573
20 573
Free-cash
154 916
163 026
79 578
63 376

Estimated living cost  is ₽20573 per week

₽13125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73024
₽66966
₽81429
₽105338
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
82 866
health
-
-
-
12 194
pensions
-
-
-
11 586
total
-
-
-
106 646
Employee
84 445
84 445
211 123
-
pensions
15 200
11 586
11 586
-
income

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

13 822
13 822
40 580
-
health
12 961
11 025
12 194
-
total
41 983
36 433
64 360
-
Employer
84 445
84 445
211 123
-
health
5 870
5 870
7 294
-
pensions
5 877
5 877
7 305
-
unemployment
3 040
3 040
3 778
-
total
14 787
14 787
18 377
-
Corporate
131 303
130 267
-
-
income
26 261
26 054
-
-
total
26 261
26 054
-
-
Dividends
105 043
104 213
-
-
income
22 322
22 145
-
-
withholding
15 756
15 632
-
-
total
38 078
37 777
-
-
Income
229 500
229 500
229 500
229 500
Total tax
121 109
115 051
82 737
106 646
After tax
108 391
114 449
146 763
122 854
Living cost
41 425
41 425
41 425
41 425
Free-cash
66 966
73 024
105 338
81 429

Estimated living cost  is ₽41425 per week

₽29357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85832
₽84947
₽74964
₽74007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
municipal
-
-
-
60 963
national
-
-
-
29 034
unemployment
-
-
-
87
accident
-
-
-
173
health
-
-
-
5 399
pensions
-
-
-
9 352
other
-
-
-
10 053
total
-
-
-
115 061
Employee
56 249
-
202 317
-
national
-
-
28 504
-
municipal
16 773
-
60 331
-
total
16 773
-
88 835
-
Employer
56 249
-
202 317
-
health
3 459
-
5 321
-
pensions
6 080
-
9 352
-
accident
113
-
173
-
other
6 536
-
10 053
-
unemployment
1 485
-
2 284
-
total
17 673
-
27 183
-
Corporate
155 578
229 500
-
-
income
34 227
50 490
-
-
total
34 227
50 490
-
-
Dividends
121 351
179 010
-
-
withholding
36 405
53 703
-
-
total
36 405
53 703
-
-
Income
229 500
229 500
229 500
229 500
Total tax
105 078
104 193
116 018
115 061
After tax
124 422
125 307
113 482
114 439
Living cost
39 475
39 475
39 475
39 475
Free-cash
84 947
85 832
74 007
74 964

Estimated living cost  is ₽39475 per week

₽26163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75632
₽89529
₽72394
₽102584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 500
trade
-
-
-
30 190
income

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

-
-
-
77 074
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.

-
-
-
6 756
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.

-
-
-
4 239
total
-
-
-
118 259
Employee

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

50 147
-
229 500
-
income

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

4 309
-
77 074
-
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.

236
-
4 239
-
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.

6 756
-
6 756
-
total
11 301
-
88 069
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 353
229 500
-
-
income
26 902
34 426
-
-
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.

1 479
1 893
-
-
trade
29 503
37 753
-
-
chamber of commerce
405
477
-
-
total
58 289
74 549
-
-
Dividends
121 063
154 952
-
-
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.

1 644
2 109
-
-
withholding
29 890
38 363
-
-
total
31 534
40 472
-
-
Income
229 500
229 500
229 500
229 500
Total tax
101 124
115 021
88 069
118 259
After tax
128 376
114 479
141 431
111 241
Living cost
38 847
38 847
38 847
38 847
Free-cash
89 529
75 632
102 584
72 394

Estimated living cost  is ₽38847 per week

₽25981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
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.
₽8189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135167
₽131067
₽122018
₽120152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
53 555
health
-
-
-
5 853
social contributions
-
-
-
16 000
total
-
-
-
75 408
Employee
76 039
76 039
216 974
-
social contributions
3 695
6 311
8 512
-
income
7 985
7 039
52 547
-
health
756
1 293
3 689
-
total
12 436
14 643
64 748
-
Employer
76 039
76 039
216 974
-
social contributions
3 695
6 311
8 512
-
health
824
1 407
4 014
-
total
4 519
7 718
12 526
-
Corporate
180 471
145 743
-
-
income
22 558
18 218
-
-
total
22 558
18 218
-
-
Dividends
157 913
127 525
-
-
withholding
26 846
21 680
-
-
total
26 846
21 680
-
-
Income
229 500
229 500
229 500
229 500
Total tax
66 359
62 259
77 274
75 408
After tax
163 141
167 241
152 226
154 092
Living cost
32 074
32 074
32 074
32 074
Free-cash
131 067
135 167
120 152
122 018

Estimated living cost  is ₽32074 per week

₽21926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109473
₽109878
₽139627
₽113683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
unemployment
-
-
-
3 443
income
-
-
-
28 056
health
-
-
-
16 065
pensions
-
-
-
22 950
total
-
-
-
70 514
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.

27 945
11 122
192 050
-
pensions
2 794
1 112
19 205
-
unemployment
419
167
2 881
-
income
3 416
1 360
23 478
-
health
1 956
779
13 444
-
total
8 585
3 418
59 008
-
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.

27 945
11 122
192 050
-
pensions
5 449
2 169
37 450
-
total
5 449
2 169
37 450
-
Corporate
196 106
216 210
-
-
income
17 650
19 459
-
-
total
17 650
19 459
-
-
Dividends
178 457
196 751
-
-
social contributions
34 672
38 239
-
-
withholding
33 907
37 383
-
-
total
68 579
75 622
-
-
Income
229 500
229 500
229 500
229 500
Total tax
100 263
100 668
96 458
70 514
After tax
129 237
128 832
133 042
158 986
Living cost
19 359
19 359
19 359
19 359
Free-cash
109 878
109 473
113 683
139 627

Estimated living cost  is ₽19359 per week

₽13211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159714
₽153573
₽99126
₽108396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
30 753
health
-
-
-
29 835
pensions
-
-
-
45 901
total
-
-
-
106 489
Employee
28 053
-
171 524
-
pensions
561
-
3 430
-
unemployment
448
-
2 744
-
income
3 158
-
33 071
-
total
4 167
-
39 245
-
Employer
28 053
-
171 524
-
health
3 646
-
22 297
-
pensions
5 611
-
34 305
-
unemployment
225
-
1 372
-
total
9 482
-
57 974
-
Corporate
191 965
229 500
-
-
income
38 393
45 901
-
-
total
38 393
45 901
-
-
Dividends
153 573
183 599
-
-
total
-
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
52 042
45 901
97 219
106 489
After tax
177 458
183 599
132 281
123 011
Living cost
23 885
23 885
23 885
23 885
Free-cash
153 573
159 714
108 396
99 126

Estimated living cost  is ₽23885 per week

₽16382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2996
₽15279
₽135096
₽105064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
accident
-
-
-
248
income
-
-
-
65 984
health
-
-
-
2 140
pensions
-
-
-
4 082
other
-
-
-
364
total
-
-
-
72 818
Employee
33 955
-
210 036
-
pensions
3 823
-
7 486
-
income
4 658
-
51 851
-
health
3 888
-
24 049
-
total
12 369
-
83 386
-
Employer
33 955
-
210 036
-
pensions
5 521
-
10 810
-
accident
567
-
3 508
-
unemployment
832
-
5 146
-
total
6 920
-
19 464
-
Corporate
188 625
229 500
-
-
income

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

169 762
206 550
-
-
total
169 762
206 550
-
-
Dividends
18 863
22 950
-
-
withholding
3 584
4 360
-
-
total
3 584
4 360
-
-
Income
229 500
229 500
229 500
229 500
Total tax
192 635
210 910
102 850
72 818
After tax
36 865
18 590
126 650
156 682
Living cost
21 586
21 586
21 586
21 586
Free-cash
15 279
-2 996
105 064
135 096

Estimated living cost  is ₽21586 per week

₽15820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽209532
₽207940
₽218712
₽175107
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
229 500
microenterprise

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

-
-
-
2 295
total
-
-
-
2 295
Employee
10 616
-
229 500
-
income
2 123
-
45 900
-
total
2 123
-
45 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

218 884
229 500
-
-
total
-
-
-
-
Dividends
218 884
229 500
-
-
withholding
10 944
11 475
-
-
total
10 944
11 475
-
-
Income
229 500
229 500
229 500
229 500
Total tax
13 067
11 475
45 900
2 295
After tax
216 433
218 025
183 600
227 205
Living cost
8 493
8 493
8 493
8 493
Free-cash
207 940
209 532
175 107
218 712

Estimated living cost  is ₽8493 per week

₽5263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142264
₽135588
₽112573
₽110694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
40 729
health
-
-
-
6 617
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.

-
-
-
36 090
other
-
-
-
7 142
total
-
-
-
90 578
Employee
35 905
-
191 280
-
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.

2 513
-
10 526
-
unemployment
358
-
1 503
-
income
6 181
-
40 102
-
health
503
-
2 106
-
total
9 555
-
54 237
-
Employer
35 905
-
191 280
-
health
503
-
2 106
-
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.

6 104
-
25 564
-
accident
287
-
1 529
-
other
1 796
-
7 518
-
unemployment
358
-
1 503
-
total
9 048
-
38 220
-
Corporate
184 546
229 500
-
-
income
38 755
48 196
-
-
total
38 755
48 196
-
-
Dividends
145 792
181 304
-
-
withholding
10 205
12 691
-
-
total
10 205
12 691
-
-
Income
229 500
229 500
229 500
229 500
Total tax
67 563
60 887
92 457
90 578
After tax
161 937
168 613
137 043
138 922
Living cost
26 349
26 349
26 349
26 349
Free-cash
135 588
142 264
110 694
112 573

Estimated living cost  is ₽26349 per week

₽18617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77781
₽85802
₽81509
₽61035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
71 329
pensions
-
-
-
10 044
total
-
-
-
81 373
Employee
94 255
-
199 981
-
pensions
9 093
-
11 958
-
income
16 990
-
57 680
-
health
1 553
-
2 690
-
total
27 636
-
72 328
-
Employer
94 255
-
199 981
-
health
1 790
-
3 800
-
pensions
11 129
-
25 719
-
total
12 919
-
29 519
-
Corporate
122 326
229 500
-
-
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.

23 243
43 605
-
-
total
23 243
43 605
-
-
Dividends
99 084
185 895
-
-
withholding
13 282
41 496
-
-
total
13 282
41 496
-
-
Income
229 500
229 500
229 500
229 500
Total tax
77 080
85 101
101 847
81 373
After tax
152 420
144 399
127 653
148 127
Living cost
66 618
66 618
66 618
66 618
Free-cash
85 802
77 781
61 035
81 509

Estimated living cost  is ₽66618 per week

₽49918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8332
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽183178
₽178558
₽172753
₽182338
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
unemployment
-
-
-
139
income
-
-
-
34 425
health
-
-
-
3 996
pensions

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

-
-
-
5 143
total
-
-
-
43 703
Employee
17 272
-
222 682
-
pensions

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

1 516
-
3 051
-
income
1 727
-
22 268
-
health
794
-
1 599
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
total
4 227
-
27 300
-
Employer
17 272
-
222 682
-
health
1 192
-
2 398
-
pensions

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

1 904
-
3 829
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
unemployment
103
-
209
-
total
3 389
-
6 818
-
Corporate
208 839
229 500
-
-
income
20 884
22 950
-
-
total
20 884
22 950
-
-
Dividends
187 955
206 550
-
-
withholding
9 398
10 328
-
-
total
9 398
10 328
-
-
Income
229 500
229 500
229 500
229 500
Total tax
37 898
33 278
34 118
43 703
After tax
191 602
196 222
195 382
185 797
Living cost
13 044
13 044
13 044
13 044
Free-cash
178 558
183 178
182 338
172 753

Estimated living cost  is ₽13044 per week

₽7615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59615
₽62101
₽68020
₽91929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
82 866
health
-
-
-
12 194
pensions
-
-
-
11 586
total
-
-
-
106 646
Employee
91 680
84 445
211 123
-
pensions
11 586
11 586
11 586
-
income

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

13 822
13 822
40 580
-
health
11 438
11 025
12 194
-
total
36 846
36 433
64 360
-
Employer
91 680
84 445
211 123
-
health
6 371
5 870
7 294
-
pensions
6 380
5 877
7 305
-
unemployment
3 301
3 040
3 778
-
total
16 052
14 787
18 377
-
Corporate
121 767
130 267
-
-
income
24 354
26 054
-
-
total
24 354
26 054
-
-
Dividends
97 413
104 213
-
-
income
20 700
22 145
-
-
withholding
14 613
15 632
-
-
total
35 313
37 777
-
-
Income
229 500
229 500
229 500
229 500
Total tax
112 565
115 051
82 737
106 646
After tax
116 935
114 449
146 763
122 854
Living cost
54 834
54 834
54 834
54 834
Free-cash
62 101
59 615
91 929
68 020

Estimated living cost  is ₽54834 per week

₽40449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133387
₽124601
₽111076
₽100999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
solidarity contribution
-
-
-
2 922
income
-
-
-
24 463
health
-
-
-
30 982
social contributions
-
-
-
35 433
total
-
-
-
93 800
Employee
36 211
-
182 719
-
social contributions
2 354
-
7 887
-
income
4 345
-
22 525
-
solidarity contribution
-
-
2 017
-
health
4 889
-
24 667
-
total
11 588
-
57 096
-
Employer
36 211
-
182 719
-
social contributions
9 053
-
30 336
-
health
3 259
-
16 445
-
total
12 312
-
46 781
-
Corporate
180 977
229 500
-
-
income
34 386
43 605
-
-
total
34 386
43 605
-
-
Dividends
146 591
185 895
-
-
withholding
21 989
27 884
-
-
total
21 989
27 884
-
-
Income
229 500
229 500
229 500
229 500
Total tax
80 275
71 489
103 877
93 800
After tax
149 225
158 011
125 623
135 700
Living cost
24 624
24 624
24 624
24 624
Free-cash
124 601
133 387
100 999
111 076

Estimated living cost  is ₽24624 per week

₽17104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1752
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.
₽5284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80719
₽75557
₽69320
₽60936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
municipal
-
-
-
1 439
national
-
-
-
64 586
regional
-
-
-
2 936
social contributions
-
-
-
49 492
total
-
-
-
118 453
Employee
87 884
-
229 500
-
national
15 228
-
57 967
-
social contributions
29 635
-
64 886
-
municipal
465
-
1 317
-
regional
829
-
2 667
-
total
46 157
-
126 837
-
Employer
87 884
-
229 500
-
total
-
-
-
-
Corporate
141 616
229 500
-
-
municipal
5 523
8 951
-
-
nationa
33 988
55 081
-
-
total
39 511
64 032
-
-
Dividends
102 105
165 468
-
-
withholding
26 548
43 022
-
-
total
26 548
43 022
-
-
Income
229 500
229 500
229 500
229 500
Total tax
112 216
107 054
126 837
118 453
After tax
117 284
122 446
102 663
111 047
Living cost
41 727
41 727
41 727
41 727
Free-cash
75 557
80 719
60 936
69 320

Estimated living cost  is ₽41727 per week

₽29087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122534
₽119457
₽86050
₽80005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
unemployment
-
-
-
225
income
-
-
-
73 193
health
-
-
-
9 370
surtax
-
-
-
12 445
pensions
-
-
-
26 396
other
-
-
-
-
total
-
-
-
121 629
Employee
32 701
-
201 719
-
pensions
2 181
-
8 803
-
unemployment
2 276
-
9 186
-
income
5 481
-
67 278
-
other
-
-
-
-
surtax
107
-
11 261
-
health
835
-
3 365
-
total
10 880
-
99 893
-
Employer
32 701
-
201 719
-
health
1 488
-
6 005
-
pensions
4 359
-
17 593
-
other
-
-
-
-
unemployment
1 036
-
4 183
-
total
6 883
-
27 781
-
Corporate
189 916
229 500
-
-
income
49 378
59 671
-
-
total
49 378
59 671
-
-
Dividends
140 538
169 829
-
-
withholding
21 081
25 474
-
-
total
21 081
25 474
-
-
Income
229 500
229 500
229 500
229 500
Total tax
88 222
85 145
127 674
121 629
After tax
141 278
144 355
101 826
107 871
Living cost
21 821
21 821
21 821
21 821
Free-cash
119 457
122 534
80 005
86 050

Estimated living cost  is ₽21821 per week

₽13342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98887
₽105469
₽102615
₽82141
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
71 329
pensions
-
-
-
10 044
total
-
-
-
81 373
Employee
63 167
-
199 981
-
pensions
5 361
-
11 958
-
income
11 377
-
57 680
-
health
917
-
2 690
-
total
17 655
-
72 328
-
Employer
63 167
-
199 981
-
health
1 200
-
3 800
-
pensions
6 838
-
25 719
-
total
8 038
-
29 519
-
Corporate
158 295
229 500
-
-
income

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

30 076
43 605
-
-
total
30 076
43 605
-
-
Dividends
128 219
185 895
-
-
withholding
22 750
41 496
-
-
total
22 750
41 496
-
-
Income
229 500
229 500
229 500
229 500
Total tax
78 519
85 101
101 847
81 373
After tax
150 981
144 399
127 653
148 127
Living cost
45 512
45 512
45 512
45 512
Free-cash
105 469
98 887
82 141
102 615

Estimated living cost  is ₽45512 per week

₽34097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27530
₽60652
₽104517
₽96240
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
city
-
-
-
2 420
national
-
-
-
6 008
regional
-
-
-
12 918
health
-
-
-
517
pensions
-
-
-
21 114
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.

-
-
-
4 591
total
-
-
-
47 568
Employee
90 595
-
206 619
-
national
429
-
4 992
-
city
972
-
2 235
-
pensions
7 611
-
16 012
-
unemployment
-
-
-
-
health
205
-
465
-
regional
2 967
-
11 532
-
total
12 184
-
35 236
-
Employer
90 595
-
206 619
-
health
205
-
465
-
pensions
7 611
-
16 012
-
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.

1 811
-
4 132
-
unemployment
-
-
-
-
total
9 627
-
20 609
-
Corporate
128 281
229 500
-
-
national
10 904
19 507
-
-
regional
27 132
48 538
-
-
total
38 036
68 045
-
-
Dividends
90 245
161 454
-
-
withholding
31 586
56 510
-
-
total
31 586
56 510
-
-
Income
229 500
229 500
229 500
229 500
Total tax
91 433
124 555
55 845
47 568
After tax
138 067
104 945
173 655
181 932
Living cost
77 415
77 415
77 415
77 415
Free-cash
60 652
27 530
96 240
104 517

Estimated living cost  is ₽77415 per week

₽50342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽950
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67999
₽84034
₽64657
₽96131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 500
trade
-
-
-
31 474
income

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

-
-
-
77 074
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.

-
-
-
6 756
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.

-
-
-
4 239
total
-
-
-
119 543
Employee

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

59 429
-
229 500
-
income

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

6 988
-
77 074
-
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.

385
-
4 239
-
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.

6 756
-
6 756
-
total
14 129
-
88 069
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 071
229 500
-
-
income
25 510
34 426
-
-
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.

1 404
1 893
-
-
trade
29 167
39 359
-
-
chamber of commerce
390
473
-
-
total
56 471
76 151
-
-
Dividends
113 600
153 349
-
-
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.

1 541
2 089
-
-
withholding
28 025
37 961
-
-
total
29 566
40 050
-
-
Income
229 500
229 500
229 500
229 500
Total tax
100 166
116 201
88 069
119 543
After tax
129 334
113 299
141 431
109 957
Living cost
45 300
45 300
45 300
45 300
Free-cash
84 034
67 999
96 131
64 657

Estimated living cost  is ₽45300 per week

₽33086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81837
₽87675
₽91142
₽83974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
43 789
health
-
-
-
11 432
surtax
-
-
-
-
pensions
-
-
-
35 651
other
-
-
-
7 114
social contributions
-
-
-
6 540
total
-
-
-
104 526
Employee
42 322
-
174 749
-
pensions
4 785
-
13 340
-
social contributions
1 207
-
4 979
-
income
2 498
-
38 623
-
surtax
-
-
-
-
total
8 490
-
56 942
-
Employer
42 322
-
174 749
-
social contributions
128
-
524
-
health
2 963
-
17 579
-
pensions
6 953
-
22 247
-
other
1 460
-
7 325
-
unemployment
1 713
-
7 077
-
total
13 217
-
54 752
-
Corporate
173 961
229 500
-
-
income
48 710
64 259
-
-
surtax
-
-
-
-
total
48 710
64 259
-
-
Dividends
125 252
165 241
-
-
social contributions
21 545
28 421
-
-
surtax
-
-
-
-
withholding
16 031
21 151
-
-
total
37 576
49 572
-
-
Income
229 500
229 500
229 500
229 500
Total tax
107 993
113 831
111 694
104 526
After tax
121 507
115 669
117 806
124 974
Living cost
33 832
33 832
33 832
33 832
Free-cash
87 675
81 837
83 974
91 142

Estimated living cost  is ₽33832 per week

₽21333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2751
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.
₽9175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85189
₽90683
₽94494
₽87326
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
43 789
health
-
-
-
11 432
surtax
-
-
-
-
pensions
-
-
-
35 651
other
-
-
-
7 114
social contributions
-
-
-
6 540
total
-
-
-
104 526
Employee
37 778
-
174 749
-
pensions
4 273
-
13 340
-
social contributions
1 077
-
4 979
-
income
1 948
-
38 623
-
surtax
-
-
-
-
total
7 298
-
56 942
-
Employer
37 778
-
174 749
-
social contributions
113
-
524
-
health
2 644
-
17 579
-
pensions
6 208
-
22 247
-
other
1 304
-
7 325
-
unemployment
1 529
-
7 077
-
total
11 798
-
54 752
-
Corporate
179 924
229 500
-
-
income
50 378
64 259
-
-
surtax
-
-
-
-
total
50 378
64 259
-
-
Dividends
129 546
165 241
-
-
social contributions
22 282
28 421
-
-
surtax
-
-
-
-
withholding
16 581
21 151
-
-
total
38 863
49 572
-
-
Income
229 500
229 500
229 500
229 500
Total tax
108 337
113 831
111 694
104 526
After tax
121 163
115 669
117 806
124 974
Living cost
30 480
30 480
30 480
30 480
Free-cash
90 683
85 189
87 326
94 494

Estimated living cost  is ₽30480 per week

₽17677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119047
₽119560
₽126416
₽120059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
34 426
health
-
-
-
16 018
social contributions
-
-
-
31 671
total
-
-
-
82 115
Employee
33 528
-
229 500
-
social contributions
4 628
-
31 671
-
income
5 592
-
40 783
-
health
2 340
-
16 018
-
total
12 560
-
88 472
-
Employer
33 528
-
229 500
-
total
-
-
-
-
Corporate
195 972
229 500
-
-
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%.

9 799
11 475
-
-
total
9 799
11 475
-
-
Dividends
186 172
218 025
-
-
social contributions
25 692
30 087
-
-
health
12 995
15 219
-
-
withholding
27 925
32 703
-
-
total
66 612
78 009
-
-
Income
229 500
229 500
229 500
229 500
Total tax
88 971
89 484
88 472
82 115
After tax
140 529
140 016
141 028
147 385
Living cost
20 969
20 969
20 969
20 969
Free-cash
119 560
119 047
120 059
126 416

Estimated living cost  is ₽20969 per week

₽14033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1293
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91607
₽90082
₽82612
₽25235
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
unemployment
-
-
-
6 065
income
-
-
-
74 657
chamber of commerce
-
-
-
918
health
-
-
-
8 837
surtax
-
-
-
195
pensions
-
-
-
21 372
total
-
-
-
112 044
Employee
49 419
39 408
190 578
-
pensions
5 061
4 035
11 830
-
unemployment
1 482
1 182
3 466
-
income
5 626
2 907
62 872
-
other
494
394
1 156
-
health
1 912
1 526
4 470
-
total
14 575
10 044
83 794
-
Employer
49 419
39 408
190 578
-
chamber of commerce
197
158
762
-
health
1 867
1 490
4 367
-
payroll
1 482
1 182
5 718
-
pensions
6 202
4 947
14 498
-
surtax
195
195
195
-
accident
642
512
1 501
-
other
2 348
1 871
8 414
-
unemployment
1 482
1 182
3 466
-
total
14 415
11 537
38 921
-
Corporate
165 665
178 555
186 825
-
income

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

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

41 416
44 640
46 706
-
total
41 416
44 640
46 706
-
Dividends
124 249
133 915
-
-
withholding
34 168
36 828
-
-
total
34 168
36 828
-
-
Income
229 500
229 500
229 500
229 500
Total tax
104 574
103 049
169 421
112 044
After tax
124 926
126 451
60 079
117 456
Living cost
34 844
34 844
34 844
34 844
Free-cash
90 082
91 607
25 235
82 612

Estimated living cost  is ₽34844 per week

₽23239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89495
₽77350
₽63800
₽41661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
national
-
-
-
92 700
communal

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

-
-
-
12 291
social contributions
-
-
-
24 654
total
-
-
-
129 645
Employee

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

70 734
-
177 754
-
national
21 747
-
67 539
-
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.

5 305
-
13 331
-
communal

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

3 689
-
9 272
-
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.

616
-
1 546
-
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.

3 323
-
8 354
-
total
34 680
-
100 042
-
Employer

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

70 734
-
177 754
-
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.

4 350
-
10 931
-
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.

6 268
-
15 748
-
surtax
8 020
-
20 158
-
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.

920
-
2 310
-
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.

1 032
-
2 595
-
total
20 590
-
51 742
-
Corporate
138 176
229 500
-
-
income
27 636
49 665
-
-
surtax
554
993
-
-
total
28 190
50 658
-
-
Dividends
109 986
178 842
-
-
withholding

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

32 635
53 292
-
-
total
32 635
53 292
-
-
Income
229 500
229 500
229 500
229 500
Total tax
116 095
103 950
151 784
129 645
After tax
113 405
125 550
77 716
99 855
Living cost
36 055
36 055
36 055
36 055
Free-cash
77 350
89 495
41 661
63 800

Estimated living cost  is ₽36055 per week

₽23224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3153
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.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116597
₽109821
₽92463
₽88314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
unemployment
-
-
-
642
accident
-
-
-
826
income
-
-
-
73 827
pensions
-
-
-
25 938
other
-
-
-
92
total
-
-
-
101 325
Employee
49 223
-
200 280
-
pensions
2 314
-
4 309
-
unemployment
764
-
1 421
-
income
10 386
-
70 432
-
other
49
-
92
-
total
13 513
-
76 254
-
Employer
49 223
-
200 280
-
pensions
11 616
-
21 631
-
accident
974
-
1 815
-
other
392
-
734
-
unemployment
2 708
-
5 040
-
total
15 690
-
29 220
-
Corporate
164 587
229 500
-
-
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.

24 688
34 426
-
-
total
24 688
34 426
-
-
Dividends
139 899
195 074
-
-
withholding
30 076
42 765
-
-
total
30 076
42 765
-
-
Income
229 500
229 500
229 500
229 500
Total tax
83 967
77 191
105 474
101 325
After tax
145 533
152 309
124 026
128 175
Living cost
35 712
35 712
35 712
35 712
Free-cash
109 821
116 597
88 314
92 463

Estimated living cost  is ₽35712 per week

₽26298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75612
₽62010
₽53534
₽62685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
accident
-
-
-
1 935
income
-
-
-
43 886
communal
-
-
-
14 504
health
-
-
-
16 125
surtax
-
-
-
11 378
pensions
-
-
-
34 399
total
-
-
-
122 227
Employee
74 886
-
205 001
-
pensions
5 990
-
16 399
-
income
7 233
-
50 494
-
surtax
4 590
-
12 564
-
health
3 333
-
9 122
-
total
21 146
-
88 579
-
Employer
74 886
-
205 001
-
health
2 284
-
6 253
-
pensions
5 990
-
16 399
-
accident
674
-
1 845
-
total
8 948
-
24 497
-
Corporate
145 666
229 500
-
-
income
21 851
34 426
-
-
surtax
1 529
2 410
-
-
communal
9 833
15 491
-
-
total
33 213
52 327
-
-
Dividends
112 453
177 174
-
-
income
33 576
21 246
-
-
withholding
16 868
26 576
-
-
total
50 444
47 822
-
-
Income
229 500
229 500
229 500
229 500
Total tax
113 751
100 149
113 076
122 227
After tax
115 749
129 351
116 424
107 273
Living cost
53 739
53 739
53 739
53 739
Free-cash
62 010
75 612
62 685
53 534

Estimated living cost  is ₽53739 per week

₽40312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122144
₽118998
₽85660
₽79615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
unemployment
-
-
-
225
income
-
-
-
73 193
health
-
-
-
9 370
surtax
-
-
-
12 445
pensions
-
-
-
26 396
other
-
-
-
-
total
-
-
-
121 629
Employee
33 302
-
201 719
-
pensions
2 222
-
8 803
-
unemployment
2 318
-
9 186
-
income
5 583
-
67 278
-
other
-
-
-
-
surtax
118
-
11 261
-
health
850
-
3 365
-
total
11 091
-
99 893
-
Employer
33 302
-
201 719
-
health
1 514
-
6 005
-
pensions
4 440
-
17 593
-
other
-
-
-
-
unemployment
1 057
-
4 183
-
total
7 011
-
27 781
-
Corporate
189 188
229 500
-
-
income
49 188
59 671
-
-
total
49 188
59 671
-
-
Dividends
139 999
169 829
-
-
withholding
21 001
25 474
-
-
total
21 001
25 474
-
-
Income
229 500
229 500
229 500
229 500
Total tax
88 291
85 145
127 674
121 629
After tax
141 209
144 355
101 826
107 871
Living cost
22 211
22 211
22 211
22 211
Free-cash
118 998
122 144
79 615
85 660

Estimated living cost  is ₽22211 per week

₽13410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93991
₽91798
₽83690
₽75351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
municipal
-
-
-
1 439
national
-
-
-
64 586
regional
-
-
-
3 655
social contributions
-
-
-
49 492
total
-
-
-
119 172
Employee
54 854
-
229 500
-
national
8 690
-
57 967
-
social contributions
18 497
-
64 886
-
municipal
291
-
1 317
-
regional
738
-
3 341
-
total
28 216
-
127 511
-
Employer
54 854
-
229 500
-
total
-
-
-
-
Corporate
174 646
229 500
-
-
municipal
8 679
11 406
-
-
nationa
41 915
55 081
-
-
total
50 594
66 487
-
-
Dividends
124 052
163 013
-
-
withholding
32 254
42 384
-
-
total
32 254
42 384
-
-
Income
229 500
229 500
229 500
229 500
Total tax
111 064
108 871
127 511
119 172
After tax
118 436
120 629
101 989
110 328
Living cost
26 638
26 638
26 638
26 638
Free-cash
91 798
93 991
75 351
83 690

Estimated living cost  is ₽26638 per week

₽16566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127668
₽116843
₽105357
₽95280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
solidarity contribution
-
-
-
2 922
income
-
-
-
24 463
health
-
-
-
30 982
social contributions
-
-
-
35 433
total
-
-
-
93 800
Employee
44 622
-
182 719
-
social contributions
2 900
-
7 887
-
income
5 355
-
22 525
-
solidarity contribution
-
-
2 017
-
health
6 024
-
24 667
-
total
14 279
-
57 096
-
Employer
44 622
-
182 719
-
social contributions
11 156
-
30 336
-
health
4 016
-
16 445
-
total
15 172
-
46 781
-
Corporate
169 707
229 500
-
-
income
32 244
43 605
-
-
total
32 244
43 605
-
-
Dividends
137 462
185 895
-
-
withholding
20 619
27 884
-
-
total
20 619
27 884
-
-
Income
229 500
229 500
229 500
229 500
Total tax
82 314
71 489
103 877
93 800
After tax
147 186
158 011
125 623
135 700
Living cost
30 343
30 343
30 343
30 343
Free-cash
116 843
127 668
95 280
105 357

Estimated living cost  is ₽30343 per week

₽22565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1681
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.
₽5572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95011
₽94520
₽86103
₽28575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
unemployment
-
-
-
6 065
income
-
-
-
74 657
chamber of commerce
-
-
-
918
health
-
-
-
8 837
surtax
-
-
-
-
pensions
-
-
-
21 372
total
-
-
-
111 849
Employee
43 226
39 408
190 758
-
pensions
4 427
4 035
11 830
-
unemployment
1 297
1 182
3 466
-
income
3 851
2 907
62 962
-
other
432
394
1 156
-
health
1 672
1 526
4 470
-
total
11 679
10 044
83 884
-
Employer
43 226
39 408
190 758
-
chamber of commerce
173
158
764
-
health
1 634
1 490
4 367
-
payroll
1 297
1 182
5 724
-
pensions
5 425
4 947
14 498
-
surtax
-
-
-
-
accident
561
512
1 501
-
other
2 053
1 871
8 420
-
unemployment
1 297
1 182
3 466
-
total
12 440
11 342
38 740
-
Corporate
173 834
178 750
187 007
-
income

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

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

43 459
44 688
46 753
-
total
43 459
44 688
46 753
-
Dividends
130 375
134 062
-
-
withholding
35 854
36 867
-
-
total
35 854
36 867
-
-
Income
229 500
229 500
229 500
229 500
Total tax
103 432
102 941
169 377
111 849
After tax
126 068
126 559
60 123
117 651
Living cost
31 548
31 548
31 548
31 548
Free-cash
94 520
95 011
28 575
86 103

Estimated living cost  is ₽31548 per week

₽18925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽204791
₽202309
₽213971
₽170366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
229 500
microenterprise

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

-
-
-
2 295
total
-
-
-
2 295
Employee
16 543
-
229 500
-
income
3 309
-
45 900
-
total
3 309
-
45 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

212 957
229 500
-
-
total
-
-
-
-
Dividends
212 957
229 500
-
-
withholding
10 648
11 475
-
-
total
10 648
11 475
-
-
Income
229 500
229 500
229 500
229 500
Total tax
13 957
11 475
45 900
2 295
After tax
215 543
218 025
183 600
227 205
Living cost
13 234
13 234
13 234
13 234
Free-cash
202 309
204 791
170 366
213 971

Estimated living cost  is ₽13234 per week

₽8956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131486
₽123217
₽79283
₽74302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 500
unemployment
-
-
-
343
income
-
-
-
58 854
health
-
-
-
22 583
pensions
-
-
-
41 913
total
-
-
-
123 693
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.

43 728
-
198 582
-
pensions
6 778
-
30 779
-
unemployment
62
-
278
-
income
7 541
-
53 871
-
health
2 824
-
12 828
-
total
17 205
-
97 756
-
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.

43 728
-
198 582
-
health
2 912
-
13 226
-
pensions
3 869
-
17 574
-
unemployment
26
-
118
-
total
6 807
-
30 918
-
Corporate
178 964
229 500
-
-
income
34 003
43 606
-
-
total
34 003
43 606
-
-
Dividends
144 961
185 894
-
-
withholding
21 744
27 884
-
-
total
21 744
27 884
-
-
Income
229 500
229 500
229 500
229 500
Total tax
79 759
71 490
128 674
123 693
After tax
149 741
158 010
100 826
105 807
Living cost
26 524
26 524
26 524
26 524
Free-cash
123 217
131 486
74 302
79 283

Estimated living cost  is ₽26524 per week

₽18203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93029
₽41656
₽112004
₽168693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
44 734
social contributions
-
-
-
26 163
total
-
-
-
70 897
Employee
66 817
-
-
-
social contributions
5 479
-
781
-
income
14 739
-
-
-
total
20 218
-
781
-
Employer
66 817
-
-
-
social contributions
94 212
-
13 427
-
total
94 212
-
13 427
-
Corporate
68 471
229 500
-
-
income
15 064
50 490
-
-
total
15 064
50 490
-
-
Dividends
53 407
179 010
-
-
income
11 750
39 382
-
-
total
11 750
39 382
-
-
Income
229 500
229 500
229 500
229 500
Total tax
141 244
89 872
14 208
70 897
After tax
88 256
139 628
215 292
158 603
Living cost
46 600
46 600
46 600
46 600
Free-cash
41 656
93 029
168 693
112 004

Estimated living cost  is ₽46600 per week

₽30236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99521
₽98527
₽88340
₽70155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 500
income
-
-
-
30 390
surtax
-
-
-
-
social contributions

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

-
-
-
79 752
total
-
-
-
110 142
Employee
45 480
-
185 455
-
social contributions
5 003
-
20 400
-
income
9 460
-
63 509
-
surtax
-
-
373
-
total
14 463
-
84 282
-
Employer
45 480
-
185 455
-
social contributions
10 801
-
44 045
-
total
10 801
-
44 045
-
Corporate
173 218
229 500
-
-
income
36 375
48 196
-
-
surtax
-
-
-
-
total
36 375
48 196
-
-
Dividends
136 843
181 304
-
-
withholding
38 316
50 765
-
-
total
38 316
50 765
-
-
Income
229 500
229 500
229 500
229 500
Total tax
99 955
98 961
128 327
110 142
After tax
129 545
130 539
101 173
119 358
Living cost
31 018
31 018
31 018
31 018
Free-cash
98 527
99 521
70 155
88 340

Estimated living cost  is ₽31018 per week

₽23207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1830
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5463
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67908
₽74706
₽77213
₽70045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
43 789
health
-
-
-
11 432
surtax
-
-
-
-
pensions
-
-
-
35 651
other
-
-
-
7 114
social contributions
-
-
-
6 540
total
-
-
-
104 526
Employee
61 935
-
174 749
-
pensions
7 005
-
13 340
-
social contributions
1 764
-
4 979
-
income
5 404
-
38 623
-
surtax
-
-
-
-
total
14 173
-
56 942
-
Employer
61 935
-
174 749
-
social contributions
186
-
524
-
health
4 335
-
17 579
-
pensions
10 177
-
22 247
-
other
2 137
-
7 325
-
unemployment
2 509
-
7 077
-
total
19 344
-
54 752
-
Corporate
148 222
229 500
-
-
income
41 502
64 259
-
-
surtax
-
-
-
-
total
41 502
64 259
-
-
Dividends
106 720
165 241
-
-
social contributions
18 355
28 421
-
-
surtax
-
-
-
-
withholding
13 659
21 151
-
-
total
32 014
49 572
-
-
Income
229 500
229 500
229 500
229 500
Total tax
107 033
113 831
111 694
104 526
After tax
122 467
115 669
117 806
124 974
Living cost
47 761
47 761
47 761
47 761
Free-cash
74 706
67 908
70 045
77 213

Estimated living cost  is ₽47761 per week

₽32324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176825
₽173503
₽137388
₽143488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
11 896
social contributions
-
-
-
50 491
total
-
-
-
62 387
Employee
31 791
-
198 702
-
social contributions
2 066
-
12 916
-
income
-
-
12 573
-
total
2 066
-
25 489
-
Employer
31 791
-
198 702
-
social contributions
4 928
-
30 798
-
total
4 928
-
30 798
-
Corporate
192 781
229 500
-
-
income
19 278
22 950
-
-
total
19 278
22 950
-
-
Dividends
173 503
206 550
-
-
total
-
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
26 272
22 950
56 287
62 387
After tax
203 228
206 550
173 213
167 113
Living cost
29 725
29 725
29 725
29 725
Free-cash
173 503
176 825
143 488
137 388

Estimated living cost  is ₽29725 per week

₽19220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14465
₽8237
₽84606
₽14465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
municipal
-
-
-
49 459
national
-
-
-
28 756
labour market
-
-
-
18 292
pensions
-
-
-
855
total
-
-
-
97 362
Employee
200 620
200 620
200 620
-
national
24 509
24 509
24 509
-
pensions
285
285
285
-
municipal
42 721
42 721
42 721
-
labour market
16 027
16 027
16 027
-
total
83 542
83 542
83 542
-
Employer
200 620
200 620
200 620
-
municipal
42 789
42 789
42 789
-
labour market
16 050
16 050
16 050
-
national
24 552
24 552
24 552
-
pensions
570
570
570
-
total
83 961
83 961
83 961
-
Corporate
14 465
-
-
-
income
3 182
-
-
-
total
3 182
-
-
-
Dividends
11 282
-
-
-
withholding
3 046
-
-
-
total
3 046
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
173 731
167 503
167 503
97 362
After tax
55 769
61 997
61 997
132 138
Living cost
47 532
47 532
47 532
47 532
Free-cash
8 237
14 465
14 465
84 606

Estimated living cost  is ₽47532 per week

₽32531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽731
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2677
₽15326
₽135415
₽105383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
accident
-
-
-
248
income
-
-
-
65 984
health
-
-
-
2 140
pensions
-
-
-
4 082
other
-
-
-
364
total
-
-
-
72 818
Employee
33 455
-
210 036
-
pensions
3 767
-
7 486
-
income
4 590
-
51 851
-
health
3 831
-
24 049
-
total
12 188
-
83 386
-
Employer
33 455
-
210 036
-
pensions
5 440
-
10 810
-
accident
559
-
3 508
-
unemployment
820
-
5 146
-
total
6 819
-
19 464
-
Corporate
189 227
229 500
-
-
income

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

170 305
206 550
-
-
total
170 305
206 550
-
-
Dividends
18 923
22 950
-
-
withholding
3 595
4 360
-
-
total
3 595
4 360
-
-
Income
229 500
229 500
229 500
229 500
Total tax
192 907
210 910
102 850
72 818
After tax
36 593
18 590
126 650
156 682
Living cost
21 267
21 267
21 267
21 267
Free-cash
15 326
-2 677
105 383
135 415

Estimated living cost  is ₽21267 per week

₽15480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1212
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102408
₽105464
₽102024
₽75735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
229 500
municipal
-
-
-
40 748
national
-
-
-
45 642
health
-
-
-
3 121
total
-
-
-
89 511
Employee
52 026
-
193 068
-
national
859
-
29 455
-
pensions
3 511
-
13 033
-
unemployment
781
-
2 896
-
municipal
8 521
-
31 425
-
health
388
-
2 560
-
total
14 060
-
79 369
-
Employer
52 026
-
193 068
-
health
400
-
1 486
-
pensions
9 026
-
33 497
-
accident
53
-
193
-
unemployment
338
-
1 255
-
total
9 817
-
36 431
-
Corporate
167 657
229 500
-
-
income
33 532
45 901
-
-
total
33 532
45 901
-
-
Dividends

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

100 594
137 699
-
-
municipal
18 107
24 786
-
-
national
10 555
18 440
-
-
total
28 662
43 226
-
-
Income
229 500
229 500
229 500
229 500
Total tax
86 071
89 127
115 800
89 511
After tax
143 429
140 373
113 700
139 989
Living cost
37 965
37 965
37 965
37 965
Free-cash
105 464
102 408
75 735
102 024

Estimated living cost  is ₽37965 per week

₽24799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144346
₽138964
₽131197
₽129331
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
53 555
health
-
-
-
5 853
social contributions
-
-
-
16 000
total
-
-
-
75 408
Employee
76 039
76 039
216 974
-
social contributions
2 875
6 311
8 512
-
income
8 279
7 039
52 547
-
health
589
1 293
3 689
-
total
11 743
14 643
64 748
-
Employer
76 039
76 039
216 974
-
social contributions
2 875
6 311
8 512
-
health
640
1 407
4 014
-
total
3 515
7 718
12 526
-
Corporate
191 347
145 743
-
-
income
23 919
18 218
-
-
total
23 919
18 218
-
-
Dividends
167 428
127 525
-
-
withholding
28 464
21 680
-
-
total
28 464
21 680
-
-
Income
229 500
229 500
229 500
229 500
Total tax
67 641
62 259
77 274
75 408
After tax
161 859
167 241
152 226
154 092
Living cost
22 895
22 895
22 895
22 895
Free-cash
138 964
144 346
129 331
131 197

Estimated living cost  is ₽22895 per week

₽13721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174349
₽169317
₽180097
₽160262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
229 500
unemployment
-
-
-
28
income
-
-
-
23 806
health
-
-
-
3 579
pensions
-
-
-
6 290
total
-
-
-
33 703
Employee

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

22 698
-
219 836
-
pensions
3 404
-
14 074
-
unemployment
113
-
469
-
income
1 552
-
21 355
-
health
1 929
-
7 975
-
total
6 998
-
43 873
-
Employer

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

22 698
-
219 836
-
health
976
-
4 035
-
pensions
1 248
-
5 161
-
unemployment
113
-
469
-
total
2 337
-
9 665
-
Corporate
204 466
229 500
-
-
income
18 402
20 655
-
-
total
18 402
20 655
-
-
Dividends
186 064
208 845
-
-
withholding
16 746
18 796
-
-
total
16 746
18 796
-
-
Income
229 500
229 500
229 500
229 500
Total tax
44 483
39 451
53 538
33 703
After tax
185 017
190 049
175 962
195 797
Living cost
15 700
15 700
15 700
15 700
Free-cash
169 317
174 349
160 262
180 097

Estimated living cost  is ₽15700 per week

₽10017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125116
₽120749
₽100982
₽96833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
unemployment
-
-
-
642
accident
-
-
-
826
income
-
-
-
73 827
pensions
-
-
-
25 938
other
-
-
-
92
total
-
-
-
101 325
Employee
36 564
-
200 280
-
pensions
1 719
-
4 309
-
unemployment
567
-
1 421
-
income
7 049
-
70 432
-
other
36
-
92
-
total
9 371
-
76 254
-
Employer
36 564
-
200 280
-
pensions
8 628
-
21 631
-
accident
724
-
1 815
-
other
293
-
734
-
unemployment
2 012
-
5 040
-
total
11 657
-
29 220
-
Corporate
181 279
229 500
-
-
income

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

27 191
34 426
-
-
total
27 191
34 426
-
-
Dividends
154 087
195 074
-
-
withholding
33 339
42 765
-
-
total
33 339
42 765
-
-
Income
229 500
229 500
229 500
229 500
Total tax
81 558
77 191
105 474
101 325
After tax
147 942
152 309
124 026
128 175
Living cost
27 193
27 193
27 193
27 193
Free-cash
120 749
125 116
96 833
100 982

Estimated living cost  is ₽27193 per week

₽18355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
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.
₽5748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141535
₽141262
₽146519
₽146401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
79 202
health
-
-
-
885
pensions
-
-
-
1 221
total
-
-
-
81 308
Employee
2 549
-
228 127
-
pensions
229
-
549
-
unemployment
25
-
61
-
income
493
-
79 138
-
health
127
-
305
-
total
874
-
80 053
-
Employer
2 549
-
228 127
-
health
242
-
580
-
pensions
280
-
671
-
unemployment
51
-
122
-
total
573
-
1 373
-
Corporate
226 378
229 500
-
-
income
49 803
50 490
-
-
total
49 803
50 490
-
-
Dividends
176 575
179 010
-
-
withholding
35 315
35 802
-
-
total
35 315
35 802
-
-
Income
229 500
229 500
229 500
229 500
Total tax
86 565
86 292
81 426
81 308
After tax
142 935
143 208
148 074
148 192
Living cost
1 673
1 673
1 673
1 673
Free-cash
141 262
141 535
146 401
146 519

Estimated living cost  is ₽1673 per week

₽994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148735
₽143876
₽131582
₽131583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 500
unemployment
-
-
-
1 095
income
-
-
-
53 250
health
-
-
-
7 518
pensions
-
-
-
18 976
total
-
-
-
80 839
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.

25 754
-
216 436
-
pensions
3 606
-
10 218
-
unemployment
193
-
547
-
income
3 550
-
53 250
-
health
1 326
-
3 759
-
total
8 675
-
67 774
-
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.

25 754
-
216 436
-
health
1 326
-
3 759
-
pensions
3 091
-
8 758
-
unemployment
193
-
547
-
total
4 610
-
13 064
-
Corporate
199 136
229 500
-
-
income
29 870
34 425
-
-
total
29 870
34 425
-
-
Dividends
169 265
195 075
-
-
withholding
25 390
29 261
-
-
total
25 390
29 261
-
-
Income
229 500
229 500
229 500
229 500
Total tax
68 545
63 686
80 838
80 839
After tax
160 955
165 814
148 662
148 661
Living cost
17 079
17 079
17 079
17 079
Free-cash
143 876
148 735
131 583
131 582

Estimated living cost  is ₽17079 per week

₽11499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103880
₽103524
₽92699
₽74514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 500
income
-
-
-
30 390
surtax
-
-
-
-
social contributions

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

-
-
-
79 752
total
-
-
-
110 142
Employee
38 380
-
185 455
-
social contributions
4 222
-
20 400
-
income
7 499
-
63 509
-
surtax
-
-
373
-
total
11 721
-
84 282
-
Employer
38 380
-
185 455
-
social contributions
9 114
-
44 045
-
total
9 114
-
44 045
-
Corporate
182 005
229 500
-
-
income
38 222
48 196
-
-
surtax
-
-
-
-
total
38 222
48 196
-
-
Dividends
143 784
181 304
-
-
withholding
40 260
50 765
-
-
total
40 260
50 765
-
-
Income
229 500
229 500
229 500
229 500
Total tax
99 317
98 961
128 327
110 142
After tax
130 183
130 539
101 173
119 358
Living cost
26 659
26 659
26 659
26 659
Free-cash
103 524
103 880
74 514
92 699

Estimated living cost  is ₽26659 per week

₽18882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117556
₽111085
₽93422
₽89273
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
unemployment
-
-
-
642
accident
-
-
-
826
income
-
-
-
73 827
pensions
-
-
-
25 938
other
-
-
-
92
total
-
-
-
101 325
Employee
47 758
-
200 280
-
pensions
2 244
-
4 309
-
unemployment
739
-
1 421
-
income
9 975
-
70 432
-
other
47
-
92
-
total
13 005
-
76 254
-
Employer
47 758
-
200 280
-
pensions
11 271
-
21 631
-
accident
946
-
1 815
-
other
383
-
734
-
unemployment
2 627
-
5 040
-
total
15 227
-
29 220
-
Corporate
166 516
229 500
-
-
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.

24 977
34 426
-
-
total
24 977
34 426
-
-
Dividends
141 539
195 074
-
-
withholding
30 453
42 765
-
-
total
30 453
42 765
-
-
Income
229 500
229 500
229 500
229 500
Total tax
83 662
77 191
105 474
101 325
After tax
145 838
152 309
124 026
128 175
Living cost
34 753
34 753
34 753
34 753
Free-cash
111 085
117 556
89 273
93 422

Estimated living cost  is ₽34753 per week

₽24958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2702
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.
₽6604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽179108
₽173045
₽168683
₽178268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
unemployment
-
-
-
139
income
-
-
-
34 425
health
-
-
-
3 996
pensions

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

-
-
-
5 143
total
-
-
-
43 703
Employee
22 661
-
222 682
-
pensions

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

1 989
-
3 051
-
income
2 267
-
22 268
-
health
1 043
-
1 599
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
total
5 548
-
27 300
-
Employer
22 661
-
222 682
-
health
1 564
-
2 398
-
pensions

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

2 497
-
3 829
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
unemployment
136
-
209
-
total
4 446
-
6 818
-
Corporate
202 393
229 500
-
-
income
20 239
22 950
-
-
total
20 239
22 950
-
-
Dividends
182 153
206 550
-
-
withholding
9 108
10 328
-
-
total
9 108
10 328
-
-
Income
229 500
229 500
229 500
229 500
Total tax
39 341
33 278
34 118
43 703
After tax
190 159
196 222
195 382
185 797
Living cost
17 114
17 114
17 114
17 114
Free-cash
173 045
179 108
178 268
168 683

Estimated living cost  is ₽17114 per week

₽11319
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽980
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.
₽4408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79842
₽92781
₽76918
₽103254
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 500
trade
-
-
-
26 336
income

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

-
-
-
77 074
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.

-
-
-
6 756
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.

-
-
-
4 239
total
-
-
-
114 405
Employee

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

49 202
-
229 500
-
income

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

4 046
-
77 074
-
surtax

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

223
-
4 239
-
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.

6 756
-
6 756
-
total
11 025
-
88 069
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 298
229 500
-
-
income
27 045
34 426
-
-
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.

1 488
1 893
-
-
trade
25 872
32 934
-
-
chamber of commerce
415
486
-
-
total
54 820
69 739
-
-
Dividends
125 478
159 761
-
-
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.

1 704
2 177
-
-
withholding
30 993
39 565
-
-
total
32 697
41 742
-
-
Income
229 500
229 500
229 500
229 500
Total tax
98 542
111 481
88 069
114 405
After tax
130 958
118 019
141 431
115 095
Living cost
38 177
38 177
38 177
38 177
Free-cash
92 781
79 842
103 254
76 918

Estimated living cost  is ₽38177 per week

₽26336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽104321
₽106502
₽58144
₽58144
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
75 455
social contributions
-
-
-
39 571
total
-
-
-
115 026
Employee
77 351
-
229 500
-
social contributions
6 426
-
39 571
-
income
14 596
-
75 455
-
total
21 022
-
115 026
-
Employer
77 351
-
229 500
-
total
-
-
-
-
Corporate
152 149
229 500
-
-
income
19 019
28 687
-
-
total
19 019
28 687
-
-
Dividends
133 130
200 813
-
-
withholding
26 627
40 162
-
-
total
26 627
40 162
-
-
Income
229 500
229 500
229 500
229 500
Total tax
66 668
68 849
115 026
115 026
After tax
162 832
160 651
114 474
114 474
Living cost
56 330
56 330
56 330
56 330
Free-cash
106 502
104 321
58 144
58 144

Estimated living cost  is ₽56330 per week

₽42855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8347
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108056
₽111511
₽153064
₽123906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 500
income
-
-
-
34 426
health

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

-
-
-
6 114
total
-
-
-
40 540
Employee
45 363
-
224 951
-
social contributions
4 545
-
4 549
-
income
4 922
-
60 600
-
total
9 467
-
65 149
-
Employer
45 363
-
224 951
-
social contributions
4 545
-
4 549
-
total
4 545
-
4 549
-
Corporate
179 592
229 500
-
-
income
62 857
80 324
-
-
total
62 857
80 324
-
-
Dividends
116 734
149 176
-
-
social contributions
5 224
5 224
-
-
total
5 224
5 224
-
-
Income
229 500
229 500
229 500
229 500
Total tax
82 093
85 548
69 698
40 540
After tax
147 407
143 952
159 802
188 960
Living cost
35 896
35 896
35 896
35 896
Free-cash
111 511
108 056
123 906
153 064

Estimated living cost  is ₽35896 per week

₽23645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2830
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.
₽8871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107399
₽113299
₽111127
₽90653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
71 329
pensions
-
-
-
10 044
total
-
-
-
81 373
Employee
50 787
-
199 981
-
pensions
3 876
-
11 958
-
income
9 249
-
57 680
-
health
663
-
2 690
-
total
13 788
-
72 328
-
Employer
50 787
-
199 981
-
health
965
-
3 800
-
pensions
5 131
-
25 719
-
total
6 096
-
29 519
-
Corporate
172 616
229 500
-
-
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.

32 796
43 605
-
-
total
32 796
43 605
-
-
Dividends
139 820
185 895
-
-
withholding
26 521
41 496
-
-
total
26 521
41 496
-
-
Income
229 500
229 500
229 500
229 500
Total tax
79 201
85 101
101 847
81 373
After tax
150 299
144 399
127 653
148 127
Living cost
37 000
37 000
37 000
37 000
Free-cash
113 299
107 399
90 653
111 127

Estimated living cost  is ₽37000 per week

₽25381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4783
₽15004
₽133309
₽103277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
accident
-
-
-
248
income
-
-
-
65 984
health
-
-
-
2 140
pensions
-
-
-
4 082
other
-
-
-
364
total
-
-
-
72 818
Employee
36 766
-
210 036
-
pensions
4 140
-
7 486
-
income
5 044
-
51 851
-
health
4 210
-
24 049
-
total
13 394
-
83 386
-
Employer
36 766
-
210 036
-
pensions
5 978
-
10 810
-
accident
614
-
3 508
-
unemployment
901
-
5 146
-
total
7 493
-
19 464
-
Corporate
185 241
229 500
-
-
income

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

166 717
206 550
-
-
total
166 717
206 550
-
-
Dividends
18 524
22 950
-
-
withholding
3 519
4 360
-
-
total
3 519
4 360
-
-
Income
229 500
229 500
229 500
229 500
Total tax
191 123
210 910
102 850
72 818
After tax
38 377
18 590
126 650
156 682
Living cost
23 373
23 373
23 373
23 373
Free-cash
15 004
-4 783
103 277
133 309

Estimated living cost  is ₽23373 per week

₽17153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1362
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.
₽4387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162204
₽159210
₽133952
₽155707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 500
unemployment
-
-
-
1 899
health insurance
-
-
-
11 708
income
-
-
-
38 674
work injury
-
-
-
791
pensions
-
-
-
29 112
total
-
-
-
82 184
Employee

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

21 382
-
229 500
-
work injury
107
-
396
-
pensions
3 934
-
14 556
-
unemployment
257
-
949
-
income
2 138
-
38 674
-
health insurance
1 582
-
5 854
-
total
8 018
-
60 429
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
208 118
229 500
-
-
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%.

20 812
22 950
-
-
total
20 812
22 950
-
-
Dividends
187 307
206 550
-
-
withholding
28 096
30 982
-
-
total
28 096
30 982
-
-
Income
229 500
229 500
229 500
229 500
Total tax
56 926
53 932
60 429
82 184
After tax
172 574
175 568
169 071
147 316
Living cost
13 364
13 364
13 364
13 364
Free-cash
159 210
162 204
155 707
133 952

Estimated living cost  is ₽13364 per week

₽8279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81491
₽76993
₽68745
₽60620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
municipal
-
-
-
1 619
national
-
-
-
64 586
regional
-
-
-
5 664
social contributions
-
-
-
49 492
total
-
-
-
121 361
Employee
83 328
-
229 500
-
national
14 082
-
57 967
-
social contributions
28 098
-
64 886
-
municipal
497
-
1 481
-
regional
1 258
-
5 152
-
total
43 935
-
129 486
-
Employer
83 328
-
229 500
-
total
-
-
-
-
Corporate
146 172
229 500
-
-
municipal
7 045
11 062
-
-
nationa
35 080
55 081
-
-
total
42 125
66 143
-
-
Dividends
104 047
163 357
-
-
withholding
27 053
42 472
-
-
total
27 053
42 472
-
-
Income
229 500
229 500
229 500
229 500
Total tax
113 113
108 615
129 486
121 361
After tax
116 387
120 885
100 014
108 139
Living cost
39 394
39 394
39 394
39 394
Free-cash
76 993
81 491
60 620
68 745

Estimated living cost  is ₽39394 per week

₽27672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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