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
₽111744
₽86191
₽82720
₽96953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
77 391
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.

-
-
-
4 257
trade
-
-
-
29 024
total
-
-
-
117 317
Employee

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

37 205
-
229 500
-
surtax

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

57
-
4 257
-
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.

1 039
-
77 391
-
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.

6 645
-
6 645
-
total
7 741
-
88 293
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 295
229 500
-
-
chamber of commerce
425
478
-
-
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.

1 586
1 894
-
-
trade
30 286
36 147
-
-
income
28 845
34 425
-
-
total
61 142
72 944
-
-
Dividends
131 154
156 556
-
-
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.

1 783
2 132
-
-
withholding
32 418
38 770
-
-
total
34 201
40 902
-
-
Income
229 500
229 500
229 500
229 500
Total tax
103 084
113 846
88 293
117 317
After tax
126 416
115 654
141 207
112 183
Living cost
29 463
29 463
29 463
29 463
Free-cash
96 953
86 191
111 744
82 720

Estimated living cost  is ₽29463 per week

₽18533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
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.
₽6944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80537
₽91911
₽79305
₽91057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
2 467
pensions
-
-
-
27 540
national
-
-
-
43 386
municipal
-
-
-
25 505
total
-
-
-
98 898
Employee
79 519
-
198 401
-
municipal
9 822
-
26 393
-
national
15 220
-
45 332
-
pensions
3 181
-
7 936
-
total
28 223
-
79 661
-
Employer
79 519
-
198 401
-
pensions
6 362
-
15 872
-
social contributions
855
-
2 133
-
total
7 217
-
18 005
-
Corporate
137 516
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%.

27 503
45 900
-
-
total
27 503
45 900
-
-
Dividends
110 013
183 600
-
-
withholding
24 203
40 392
-
-
total
24 203
40 392
-
-
Income
229 500
229 500
229 500
229 500
Total tax
87 146
86 292
97 666
98 898
After tax
142 354
143 208
131 834
130 602
Living cost
51 297
51 297
51 297
51 297
Free-cash
91 057
91 911
80 537
79 305

Estimated living cost  is ₽51297 per week

₽34866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽768
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80105
₽163364
₽63957
₽155383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
37 269
income
-
-
-
49 515
surtax
-
-
-
58 522
microenterprise
-
-
-
-
total
-
-
-
145 306
Employee
28 424
-
181 596
-
surtax
-
-
26 332
-
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.

3 127
-
12 752
-
income
5 060
-
42 172
-
total
8 187
-
81 256
-
Employer
28 424
-
181 596
-
surtax
-
-
19 975
-
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.

6 847
-
27 927
-
total
6 847
-
47 902
-
Corporate
194 230
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%.

38 846
45 899
-
-
total
38 846
45 899
-
-
Dividends

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

155 384
183 601
-
-
total
-
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
53 880
45 899
129 158
145 306
After tax
175 620
183 601
100 342
84 194
Living cost
20 237
20 237
20 237
20 237
Free-cash
155 383
163 364
80 105
63 957

Estimated living cost  is ₽20237 per week

₽12910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106008
₽73742
₽81907
₽67783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 995
income
-
-
-
83 452
pensions
-
-
-
11 397
total
-
-
-
106 844
Employee
83 067
83 067
211 423
-
income

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

13 597
13 597
41 274
-
pensions
14 952
11 397
11 397
-
health
12 750
10 845
11 995
-
total
41 299
35 839
64 666
-
Employer
83 067
83 067
211 423
-
unemployment
2 990
2 990
3 716
-
health
5 774
5 774
7 175
-
pensions
5 781
5 781
7 186
-
total
14 545
14 545
18 077
-
Corporate
132 906
131 887
-
-
income
26 581
26 377
-
-
total
26 581
26 377
-
-
Dividends
106 325
105 511
-
-
income
22 594
22 421
-
-
withholding
15 949
15 827
-
-
total
38 543
38 248
-
-
Income
229 500
229 500
229 500
229 500
Total tax
120 968
115 009
82 743
106 844
After tax
108 532
114 491
146 757
122 656
Living cost
40 749
40 749
40 749
40 749
Free-cash
67 783
73 742
106 008
81 907

Estimated living cost  is ₽40749 per week

₽28878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73249
₽84825
₽74232
₽83916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
10 310
health
-
-
-
5 536
accident
-
-
-
177
pensions
-
-
-
9 591
national
-
-
-
28 311
unemployment
-
-
-
89
municipal
-
-
-
60 772
total
-
-
-
114 786
Employee
57 684
-
201 623
-
municipal
17 201
-
60 124
-
national
-
-
27 768
-
total
17 201
-
87 892
-
Employer
57 684
-
201 623
-
other
6 703
-
10 310
-
unemployment
1 523
-
2 342
-
health
3 548
-
5 457
-
accident
115
-
177
-
pensions
6 236
-
9 591
-
total
18 125
-
27 877
-
Corporate
153 692
229 500
-
-
income
33 812
50 490
-
-
total
33 812
50 490
-
-
Dividends
119 880
179 010
-
-
withholding
35 964
53 703
-
-
total
35 964
53 703
-
-
Income
229 500
229 500
229 500
229 500
Total tax
105 102
104 193
115 769
114 786
After tax
124 398
125 307
113 731
114 714
Living cost
40 482
40 482
40 482
40 482
Free-cash
83 916
84 825
73 249
74 232

Estimated living cost  is ₽40482 per week

₽26830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102994
₽76261
₽72680
₽89930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
77 391
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.

-
-
-
4 257
trade
-
-
-
30 314
total
-
-
-
118 607
Employee

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

49 329
-
229 500
-
surtax

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

233
-
4 257
-
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.

4 238
-
77 391
-
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.

6 645
-
6 645
-
total
11 116
-
88 293
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 171
229 500
-
-
chamber of commerce
404
474
-
-
surtax

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

1 486
1 894
-
-
trade
29 638
37 753
-
-
income
27 026
34 425
-
-
total
58 554
74 546
-
-
Dividends
121 616
154 954
-
-
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.

1 652
2 110
-
-
withholding
30 035
38 370
-
-
total
31 687
40 480
-
-
Income
229 500
229 500
229 500
229 500
Total tax
101 357
115 026
88 293
118 607
After tax
128 143
114 474
141 207
110 893
Living cost
38 213
38 213
38 213
38 213
Free-cash
89 930
76 261
102 994
72 680

Estimated living cost  is ₽38213 per week

₽25557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120541
₽135683
₽122402
₽131649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
15 738
health
-
-
-
5 852
income
-
-
-
53 958
total
-
-
-
75 548
Employee
74 798
74 798
217 110
-
social contributions
3 635
6 208
8 373
-
income
7 854
6 924
52 956
-
health
744
1 272
3 690
-
total
12 233
14 404
65 019
-
Employer
74 798
74 798
217 110
-
health
810
1 384
4 017
-
social contributions
3 635
6 208
8 373
-
total
4 445
7 592
12 390
-
Corporate
181 272
147 110
-
-
income
22 659
18 389
-
-
total
22 659
18 389
-
-
Dividends
158 613
128 720
-
-
withholding
26 964
21 882
-
-
total
26 964
21 882
-
-
Income
229 500
229 500
229 500
229 500
Total tax
66 301
62 267
77 409
75 548
After tax
163 199
167 233
152 091
153 952
Living cost
31 550
31 550
31 550
31 550
Free-cash
131 649
135 683
120 541
122 402

Estimated living cost  is ₽31550 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115341
₽111099
₽141285
₽111467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
16 065
income
-
-
-
28 056
pensions
-
-
-
22 950
unemployment
-
-
-
3 443
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.

25 551
10 169
192 050
-
income
3 124
1 243
23 478
-
pensions
2 555
1 017
19 205
-
health
1 789
712
13 444
-
unemployment
383
153
2 881
-
total
7 851
3 125
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.

25 551
10 169
192 050
-
pensions
4 983
1 983
37 450
-
total
4 983
1 983
37 450
-
Corporate
198 966
217 348
-
-
income
17 907
19 561
-
-
total
17 907
19 561
-
-
Dividends
181 059
197 787
-
-
social contributions
35 190
38 452
-
-
withholding
34 401
37 579
-
-
total
69 591
76 031
-
-
Income
229 500
229 500
229 500
229 500
Total tax
100 332
100 700
96 458
70 514
After tax
129 168
128 800
133 042
158 986
Living cost
17 701
17 701
17 701
17 701
Free-cash
111 467
111 099
115 341
141 285

Estimated living cost  is ₽17701 per week

₽12079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108784
₽160106
₽99517
₽154062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
29 836
income
-
-
-
30 753
pensions
-
-
-
45 899
total
-
-
-
106 488
Employee
27 595
-
171 525
-
income
3 107
-
33 070
-
pensions
552
-
3 430
-
unemployment
441
-
2 745
-
total
4 100
-
39 245
-
Employer
27 595
-
171 525
-
unemployment
222
-
1 372
-
health
3 587
-
22 299
-
pensions
5 519
-
34 305
-
total
9 328
-
57 976
-
Corporate
192 578
229 500
-
-
income
38 515
45 899
-
-
total
38 515
45 899
-
-
Dividends
154 062
183 601
-
-
total
-
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
51 943
45 899
97 221
106 488
After tax
177 557
183 601
132 279
123 012
Living cost
23 495
23 495
23 495
23 495
Free-cash
154 062
160 106
108 784
99 517

Estimated living cost  is ₽23495 per week

₽16115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1399
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.
₽5508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105105
-₽2965
₽135128
₽15283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
65 995
pensions
-
-
-
4 076
total
-
-
-
72 818
Employee
33 906
-
210 052
-
income
4 652
-
51 867
-
pensions
3 818
-
7 475
-
health
3 882
-
24 051
-
total
12 352
-
83 393
-
Employer
33 906
-
210 052
-
unemployment
831
-
5 146
-
accident
566
-
3 508
-
pensions
5 513
-
10 794
-
total
6 910
-
19 448
-
Corporate
188 684
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.

169 816
206 550
-
-
total
169 816
206 550
-
-
Dividends
18 868
22 950
-
-
withholding
3 585
4 361
-
-
total
3 585
4 361
-
-
Income
229 500
229 500
229 500
229 500
Total tax
192 663
210 911
102 841
72 818
After tax
36 837
18 589
126 659
156 682
Living cost
21 554
21 554
21 554
21 554
Free-cash
15 283
-2 965
105 105
135 128

Estimated living cost  is ₽21554 per week

₽15797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175606
₽210031
₽219211
₽208532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 992
-
229 500
-
income
1 998
-
45 900
-
total
1 998
-
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%.

219 508
229 500
-
-
total
-
-
-
-
Dividends
219 508
229 500
-
-
withholding
10 976
11 475
-
-
total
10 976
11 475
-
-
Income
229 500
229 500
229 500
229 500
Total tax
12 974
11 475
45 900
2 295
After tax
216 526
218 025
183 600
227 205
Living cost
7 994
7 994
7 994
7 994
Free-cash
208 532
210 031
175 606
219 211

Estimated living cost  is ₽7994 per week

₽4954
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111673
₽142695
₽113545
₽136122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
7 026
health
-
-
-
6 509
income
-
-
-
41 000
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.

-
-
-
35 501
total
-
-
-
90 036
Employee
35 319
-
191 873
-
income
6 081
-
40 376
-
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.

2 472
-
10 354
-
health
495
-
2 071
-
unemployment
353
-
1 479
-
total
9 401
-
54 280
-
Employer
35 319
-
191 873
-
other
1 767
-
7 395
-
unemployment
353
-
1 479
-
health
495
-
2 071
-
accident
282
-
1 536
-
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.

6 005
-
25 147
-
total
8 902
-
37 628
-
Corporate
185 280
229 500
-
-
income
38 909
48 195
-
-
total
38 909
48 195
-
-
Dividends
146 372
181 305
-
-
withholding
10 247
12 691
-
-
total
10 247
12 691
-
-
Income
229 500
229 500
229 500
229 500
Total tax
67 459
60 886
91 908
90 036
After tax
162 041
168 614
137 592
139 464
Living cost
25 919
25 919
25 919
25 919
Free-cash
136 122
142 695
111 673
113 545

Estimated living cost  is ₽25919 per week

₽18313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
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.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62671
₽79216
₽83114
₽86995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 891
pensions
-
-
-
9 880
total
-
-
-
81 771
Employee
91 421
-
199 933
-
income
16 480
-
58 260
-
health
1 506
-
2 669
-
pensions
8 820
-
11 718
-
total
26 806
-
72 647
-
Employer
91 421
-
199 933
-
health
1 736
-
3 798
-
pensions
10 794
-
25 769
-
total
12 530
-
29 567
-
Corporate
125 549
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.

23 854
43 604
-
-
total
23 854
43 604
-
-
Dividends
101 695
185 896
-
-
withholding
14 700
42 065
-
-
total
14 700
42 065
-
-
Income
229 500
229 500
229 500
229 500
Total tax
77 890
85 669
102 214
81 771
After tax
151 610
143 831
127 286
147 729
Living cost
64 615
64 615
64 615
64 615
Free-cash
86 995
79 216
62 671
83 114

Estimated living cost  is ₽64615 per week

₽48417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽183142
₽183613
₽173496
₽179146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 863
income
-
-
-
34 425
pensions

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

-
-
-
4 972
unemployment
-
-
-
134
total
-
-
-
43 394
Employee
16 697
-
222 909
-
income
1 669
-
22 291
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
pensions

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

1 466
-
2 950
-
health
768
-
1 545
-
total
4 087
-
27 156
-
Employer
16 697
-
222 909
-
unemployment
100
-
202
-
health
1 152
-
2 318
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
pensions

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

1 840
-
3 702
-
total
3 276
-
6 592
-
Corporate
209 527
229 500
-
-
income
20 952
22 950
-
-
total
20 952
22 950
-
-
Dividends
188 574
206 550
-
-
withholding
9 429
10 327
-
-
total
9 429
10 327
-
-
Income
229 500
229 500
229 500
229 500
Total tax
37 744
33 277
33 748
43 394
After tax
191 756
196 223
195 752
186 106
Living cost
12 610
12 610
12 610
12 610
Free-cash
179 146
183 613
183 142
173 496

Estimated living cost  is ₽12610 per week

₽7362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92818
₽60552
₽68717
₽62998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 995
income
-
-
-
83 452
pensions
-
-
-
11 397
total
-
-
-
106 844
Employee
90 184
83 067
211 423
-
income

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

13 597
13 597
41 274
-
pensions
11 397
11 397
11 397
-
health
11 251
10 845
11 995
-
total
36 245
35 839
64 666
-
Employer
90 184
83 067
211 423
-
unemployment
3 247
2 990
3 716
-
health
6 267
5 774
7 175
-
pensions
6 276
5 781
7 186
-
total
15 790
14 545
18 077
-
Corporate
123 526
131 887
-
-
income
24 706
26 377
-
-
total
24 706
26 377
-
-
Dividends
98 820
105 511
-
-
income
20 999
22 421
-
-
withholding
14 823
15 827
-
-
total
35 822
38 248
-
-
Income
229 500
229 500
229 500
229 500
Total tax
112 563
115 009
82 743
106 844
After tax
116 937
114 491
146 757
122 656
Living cost
53 939
53 939
53 939
53 939
Free-cash
62 998
60 552
92 818
68 717

Estimated living cost  is ₽53939 per week

₽39789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102002
₽133989
₽112147
₽125420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
34 566
health
-
-
-
30 982
income
-
-
-
24 593
solidarity contribution
-
-
-
3 190
total
-
-
-
93 331
Employee
35 326
-
183 400
-
social contributions
2 296
-
7 695
-
solidarity contribution
-
-
2 280
-
income
4 239
-
22 642
-
health
4 769
-
24 759
-
total
11 304
-
57 376
-
Employer
35 326
-
183 400
-
health
3 179
-
16 506
-
social contributions
8 831
-
29 594
-
total
12 010
-
46 100
-
Corporate
182 163
229 500
-
-
income
34 611
43 605
-
-
total
34 611
43 605
-
-
Dividends
147 552
185 895
-
-
withholding
22 133
27 884
-
-
total
22 133
27 884
-
-
Income
229 500
229 500
229 500
229 500
Total tax
80 058
71 489
103 476
93 331
After tax
149 442
158 011
126 024
136 169
Living cost
24 022
24 022
24 022
24 022
Free-cash
125 420
133 989
102 002
112 147

Estimated living cost  is ₽24022 per week

₽16686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽61980
₽81401
₽70227
₽76322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
48 685
national
-
-
-
65 143
regional
-
-
-
2 952
municipal
-
-
-
1 447
total
-
-
-
118 227
Employee
86 450
-
229 500
-
social contributions
29 151
-
63 827
-
municipal
458
-
1 325
-
national
14 980
-
58 632
-
regional
816
-
2 690
-
total
45 405
-
126 474
-
Employer
86 450
-
229 500
-
total
-
-
-
-
Corporate
143 050
229 500
-
-
nationa
34 333
55 081
-
-
municipal
5 578
8 951
-
-
total
39 911
64 032
-
-
Dividends
103 139
165 468
-
-
withholding
26 816
43 021
-
-
total
26 816
43 021
-
-
Income
229 500
229 500
229 500
229 500
Total tax
112 132
107 053
126 474
118 227
After tax
117 368
122 447
103 026
111 273
Living cost
41 046
41 046
41 046
41 046
Free-cash
76 322
81 401
61 980
70 227

Estimated living cost  is ₽41046 per week

₽28612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2691
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.
₽9112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80421
₽122891
₽86369
₽119862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
9 217
income
-
-
-
73 684
pensions
-
-
-
25 965
surtax
-
-
-
12 578
unemployment
-
-
-
222
total
-
-
-
121 666
Employee
32 168
-
202 173
-
surtax
105
-
11 415
-
income
5 392
-
67 866
-
other
-
-
-
-
pensions
2 145
-
8 659
-
health
821
-
3 310
-
unemployment
2 239
-
9 036
-
total
10 702
-
100 286
-
Employer
32 168
-
202 173
-
other
-
-
-
-
unemployment
1 019
-
4 115
-
health
1 464
-
5 907
-
pensions
4 288
-
17 306
-
total
6 771
-
27 328
-
Corporate
190 562
229 500
-
-
income
49 547
59 670
-
-
total
49 547
59 670
-
-
Dividends
141 015
169 830
-
-
withholding
21 153
25 474
-
-
total
21 153
25 474
-
-
Income
229 500
229 500
229 500
229 500
Total tax
88 173
85 144
127 614
121 666
After tax
141 327
144 356
101 886
107 834
Living cost
21 465
21 465
21 465
21 465
Free-cash
119 862
122 891
80 421
86 369

Estimated living cost  is ₽21465 per week

₽13125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83143
₽99688
₽103586
₽106072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 891
pensions
-
-
-
9 880
total
-
-
-
81 771
Employee
61 268
-
199 933
-
income
11 035
-
58 260
-
health
889
-
2 669
-
pensions
5 200
-
11 718
-
total
17 124
-
72 647
-
Employer
61 268
-
199 933
-
health
1 164
-
3 798
-
pensions
6 632
-
25 769
-
total
7 796
-
29 567
-
Corporate
160 436
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.

30 482
43 604
-
-
total
30 482
43 604
-
-
Dividends
129 954
185 896
-
-
withholding
23 883
42 065
-
-
total
23 883
42 065
-
-
Income
229 500
229 500
229 500
229 500
Total tax
79 285
85 669
102 214
81 771
After tax
150 215
143 831
127 286
147 729
Living cost
44 143
44 143
44 143
44 143
Free-cash
106 072
99 688
83 143
103 586

Estimated living cost  is ₽44143 per week

₽33072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽94934
₽26161
₽103377
₽59870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 589
health
-
-
-
516
pensions
-
-
-
21 114
city
-
-
-
2 420
national
-
-
-
5 877
regional
-
-
-
12 824
total
-
-
-
47 340
Employee
92 196
-
206 522
-
national
436
-
4 847
-
city
989
-
2 234
-
pensions
7 746
-
16 111
-
health
208
-
465
-
regional
3 019
-
11 420
-
unemployment
-
-
-
-
total
12 398
-
35 077
-
Employer
92 196
-
206 522
-
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.

1 843
-
4 130
-
unemployment
-
-
-
-
health
208
-
465
-
pensions
7 746
-
16 111
-
total
9 797
-
20 706
-
Corporate
126 493
229 500
-
-
regional
26 754
48 540
-
-
national
10 753
19 508
-
-
total
37 507
68 048
-
-
Dividends
88 987
161 452
-
-
withholding
31 145
56 508
-
-
total
31 145
56 508
-
-
Income
229 500
229 500
229 500
229 500
Total tax
90 847
124 556
55 783
47 340
After tax
138 653
104 944
173 717
182 160
Living cost
78 783
78 783
78 783
78 783
Free-cash
59 870
26 161
94 934
103 377

Estimated living cost  is ₽78783 per week

₽51231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽967
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽96646
₽68733
₽65044
₽84509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
77 391
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.

-
-
-
4 257
trade
-
-
-
31 602
total
-
-
-
119 895
Employee

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

58 459
-
229 500
-
surtax

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

378
-
4 257
-
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.

6 874
-
77 391
-
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.

6 645
-
6 645
-
total
13 897
-
88 293
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 041
229 500
-
-
chamber of commerce
388
471
-
-
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.

1 410
1 894
-
-
trade
29 334
39 359
-
-
income
25 657
34 425
-
-
total
56 789
76 149
-
-
Dividends
114 253
153 352
-
-
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.

1 551
2 088
-
-
withholding
28 193
37 969
-
-
total
29 744
40 057
-
-
Income
229 500
229 500
229 500
229 500
Total tax
100 430
116 206
88 293
119 895
After tax
129 070
113 294
141 207
109 605
Living cost
44 561
44 561
44 561
44 561
Free-cash
84 509
68 733
96 646
65 044

Estimated living cost  is ₽44561 per week

₽32546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83983
₽82386
₽91379
₽88135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
7 114
social contributions
-
-
-
6 540
health
-
-
-
11 520
income
-
-
-
44 287
pensions
-
-
-
35 380
surtax
-
-
-
-
total
-
-
-
104 841
Employee
41 631
-
174 587
-
surtax
-
-
-
-
social contributions
1 187
-
4 975
-
income
2 457
-
38 956
-
pensions
4 707
-
13 396
-
total
8 351
-
57 327
-
Employer
41 631
-
174 587
-
other
1 436
-
7 346
-
unemployment
1 685
-
7 070
-
health
2 915
-
17 641
-
pensions
6 839
-
22 329
-
social contributions
126
-
524
-
total
13 001
-
54 910
-
Corporate
174 868
229 500
-
-
surtax
-
-
-
-
income
48 963
64 261
-
-
total
48 963
64 261
-
-
Dividends
125 904
165 239
-
-
social contributions
21 655
28 422
-
-
surtax
-
-
-
-
withholding
16 115
21 151
-
-
total
37 770
49 573
-
-
Income
229 500
229 500
229 500
229 500
Total tax
108 085
113 834
112 237
104 841
After tax
121 415
115 666
117 263
124 659
Living cost
33 280
33 280
33 280
33 280
Free-cash
88 135
82 386
83 983
91 379

Estimated living cost  is ₽33280 per week

₽20985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87280
₽85683
₽94676
₽91091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
7 114
social contributions
-
-
-
6 540
health
-
-
-
11 520
income
-
-
-
44 287
pensions
-
-
-
35 380
surtax
-
-
-
-
total
-
-
-
104 841
Employee
37 162
-
174 587
-
surtax
-
-
-
-
social contributions
1 060
-
4 975
-
income
1 916
-
38 956
-
pensions
4 203
-
13 396
-
total
7 179
-
57 327
-
Employer
37 162
-
174 587
-
other
1 283
-
7 346
-
unemployment
1 504
-
7 070
-
health
2 601
-
17 641
-
pensions
6 106
-
22 329
-
social contributions
111
-
524
-
total
11 605
-
54 910
-
Corporate
180 733
229 500
-
-
surtax
-
-
-
-
income
50 604
64 261
-
-
total
50 604
64 261
-
-
Dividends
130 128
165 239
-
-
social contributions
22 382
28 422
-
-
surtax
-
-
-
-
withholding
16 656
21 151
-
-
total
39 038
49 573
-
-
Income
229 500
229 500
229 500
229 500
Total tax
108 426
113 834
112 237
104 841
After tax
121 074
115 666
117 263
124 659
Living cost
29 983
29 983
29 983
29 983
Free-cash
91 091
85 683
87 280
94 676

Estimated living cost  is ₽29983 per week

₽17389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120317
₽119391
₽126759
₽119894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
31 671
health
-
-
-
16 019
income
-
-
-
34 425
total
-
-
-
82 115
Employee
32 981
-
229 500
-
social contributions
4 552
-
31 671
-
income
5 501
-
40 867
-
health
2 302
-
16 019
-
total
12 355
-
88 557
-
Employer
32 981
-
229 500
-
total
-
-
-
-
Corporate
196 519
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%.

9 826
11 474
-
-
total
9 826
11 474
-
-
Dividends
186 693
218 026
-
-
social contributions
25 764
30 087
-
-
withholding
28 005
32 704
-
-
health
13 030
15 218
-
-
total
66 799
78 009
-
-
Income
229 500
229 500
229 500
229 500
Total tax
88 980
89 483
88 557
82 115
After tax
140 520
140 017
140 943
147 385
Living cost
20 626
20 626
20 626
20 626
Free-cash
119 894
119 391
120 317
126 759

Estimated living cost  is ₽20626 per week

₽13804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25697
₽92151
₽83123
₽90650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 692
income
-
-
-
75 312
chamber of commerce
-
-
-
917
pensions
-
-
-
21 023
surtax
-
-
-
192
unemployment
-
-
-
5 966
total
-
-
-
112 102
Employee
48 613
38 765
190 959
-
income
5 534
2 859
63 592
-
other
485
388
1 137
-
pensions
4 978
3 969
11 637
-
health
1 881
1 501
4 397
-
unemployment
1 458
1 163
3 409
-
total
14 336
9 880
84 172
-
Employer
48 613
38 765
190 959
-
other
2 309
1 840
8 412
-
unemployment
1 458
1 163
3 409
-
health
1 837
1 466
4 295
-
surtax
192
192
192
-
accident
631
504
1 477
-
pensions
6 101
4 866
14 262
-
payroll
1 458
1 163
5 728
-
chamber of commerce
194
155
764
-
total
14 180
11 349
38 539
-
Corporate
166 707
179 387
187 269
-
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.

41 677
44 847
46 817
-
total
41 677
44 847
46 817
-
Dividends
125 030
134 540
-
-
withholding
34 382
36 998
-
-
total
34 382
36 998
-
-
Income
229 500
229 500
229 500
229 500
Total tax
104 575
103 074
169 528
112 102
After tax
124 925
126 426
59 972
117 398
Living cost
34 275
34 275
34 275
34 275
Free-cash
90 650
92 151
25 697
83 123

Estimated living cost  is ₽34275 per week

₽22860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2924
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.
₽7928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42087
₽89879
₽64406
₽78176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
24 252
communal

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

-
-
-
12 314
national
-
-
-
93 061
total
-
-
-
129 627
Employee

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

69 580
-
177 755
-
national
21 392
-
67 698
-
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.

5 218
-
13 331
-
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.

3 269
-
8 353
-
communal

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

3 629
-
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.

605
-
1 547
-
total
34 113
-
100 201
-
Employer

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

69 580
-
177 755
-
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.

1 015
-
2 595
-
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.

4 279
-
10 932
-
surtax
7 890
-
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.

905
-
2 311
-
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.

6 165
-
15 749
-
total
20 254
-
51 745
-
Corporate
139 667
229 500
-
-
surtax
559
999
-
-
income
27 933
49 942
-
-
total
28 492
50 941
-
-
Dividends
111 175
178 560
-
-
withholding

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

32 998
53 213
-
-
total
32 998
53 213
-
-
Income
229 500
229 500
229 500
229 500
Total tax
115 857
104 154
151 946
129 627
After tax
113 643
125 346
77 554
99 873
Living cost
35 467
35 467
35 467
35 467
Free-cash
78 176
89 879
42 087
64 406

Estimated living cost  is ₽35467 per week

₽22845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88935
₽117146
₽93017
₽110484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
90
accident
-
-
-
812
income
-
-
-
74 307
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
101 354
Employee
48 420
-
200 757
-
income
10 216
-
70 968
-
other
48
-
90
-
pensions
2 276
-
4 238
-
unemployment
751
-
1 397
-
total
13 291
-
76 693
-
Employer
48 420
-
200 757
-
other
386
-
722
-
unemployment
2 664
-
4 958
-
accident
958
-
1 785
-
pensions
11 426
-
21 278
-
total
15 434
-
28 743
-
Corporate
165 646
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.

24 846
34 425
-
-
total
24 846
34 425
-
-
Dividends
140 800
195 075
-
-
withholding
30 316
42 800
-
-
total
30 316
42 800
-
-
Income
229 500
229 500
229 500
229 500
Total tax
83 887
77 225
105 436
101 354
After tax
145 613
152 275
124 064
128 146
Living cost
35 129
35 129
35 129
35 129
Free-cash
110 484
117 146
88 935
93 017

Estimated living cost  is ₽35129 per week

₽25869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63245
₽76172
₽54093
₽62791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
16 124
accident
-
-
-
1 935
income
-
-
-
44 206
pensions
-
-
-
34 399
communal
-
-
-
14 503
surtax
-
-
-
11 378
total
-
-
-
122 545
Employee
73 664
-
204 999
-
surtax
4 515
-
12 563
-
income
7 115
-
50 810
-
pensions
5 892
-
16 399
-
health
3 278
-
9 124
-
total
20 800
-
88 896
-
Employer
73 664
-
204 999
-
health
2 247
-
6 254
-
accident
663
-
1 844
-
pensions
5 892
-
16 399
-
total
8 802
-
24 497
-
Corporate
147 035
229 500
-
-
surtax
1 543
2 409
-
-
income
22 055
34 425
-
-
communal
9 926
15 491
-
-
total
33 524
52 325
-
-
Dividends
113 511
177 175
-
-
income
33 694
21 565
-
-
withholding
17 027
26 576
-
-
total
50 721
48 141
-
-
Income
229 500
229 500
229 500
229 500
Total tax
113 847
100 466
113 393
122 545
After tax
115 653
129 034
116 107
106 955
Living cost
52 862
52 862
52 862
52 862
Free-cash
62 791
76 172
63 245
54 093

Estimated living cost  is ₽52862 per week

₽39654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
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.
₽9444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80037
₽122507
₽85985
₽119412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
9 217
income
-
-
-
73 684
pensions
-
-
-
25 965
surtax
-
-
-
12 578
unemployment
-
-
-
222
total
-
-
-
121 666
Employee
32 758
-
202 173
-
surtax
116
-
11 415
-
income
5 492
-
67 866
-
other
-
-
-
-
pensions
2 186
-
8 659
-
health
836
-
3 310
-
unemployment
2 280
-
9 036
-
total
10 910
-
100 286
-
Employer
32 758
-
202 173
-
other
-
-
-
-
unemployment
1 039
-
4 115
-
health
1 490
-
5 907
-
pensions
4 367
-
17 306
-
total
6 896
-
27 328
-
Corporate
189 846
229 500
-
-
income
49 360
59 670
-
-
total
49 360
59 670
-
-
Dividends
140 485
169 830
-
-
withholding
21 073
25 474
-
-
total
21 073
25 474
-
-
Income
229 500
229 500
229 500
229 500
Total tax
88 239
85 144
127 614
121 666
After tax
141 261
144 356
101 886
107 834
Living cost
21 849
21 849
21 849
21 849
Free-cash
119 412
122 507
80 037
85 985

Estimated living cost  is ₽21849 per week

₽13191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76151
₽94427
₽84351
₽92269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
48 685
national
-
-
-
65 143
regional
-
-
-
3 671
municipal
-
-
-
1 447
total
-
-
-
118 946
Employee
53 959
-
229 500
-
social contributions
18 195
-
63 827
-
municipal
286
-
1 325
-
national
8 549
-
58 632
-
regional
726
-
3 362
-
total
27 756
-
127 146
-
Employer
53 959
-
229 500
-
total
-
-
-
-
Corporate
175 541
229 500
-
-
nationa
42 130
55 081
-
-
municipal
8 724
11 406
-
-
total
50 854
66 487
-
-
Dividends
124 688
163 013
-
-
withholding
32 418
42 383
-
-
total
32 418
42 383
-
-
Income
229 500
229 500
229 500
229 500
Total tax
111 028
108 870
127 146
118 946
After tax
118 472
120 630
102 354
110 554
Living cost
26 203
26 203
26 203
26 203
Free-cash
92 269
94 427
76 151
84 351

Estimated living cost  is ₽26203 per week

₽16296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96423
₽128410
₽106568
₽117849
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
34 566
health
-
-
-
30 982
income
-
-
-
24 593
solidarity contribution
-
-
-
3 190
total
-
-
-
93 331
Employee
43 531
-
183 400
-
social contributions
2 829
-
7 695
-
solidarity contribution
-
-
2 280
-
income
5 224
-
22 642
-
health
5 877
-
24 759
-
total
13 930
-
57 376
-
Employer
43 531
-
183 400
-
health
3 918
-
16 506
-
social contributions
10 883
-
29 594
-
total
14 801
-
46 100
-
Corporate
171 169
229 500
-
-
income
32 522
43 605
-
-
total
32 522
43 605
-
-
Dividends
138 647
185 895
-
-
withholding
20 797
27 884
-
-
total
20 797
27 884
-
-
Income
229 500
229 500
229 500
229 500
Total tax
82 050
71 489
103 476
93 331
After tax
147 450
158 011
126 024
136 169
Living cost
29 601
29 601
29 601
29 601
Free-cash
117 849
128 410
96 423
106 568

Estimated living cost  is ₽29601 per week

₽22013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28982
₽95496
₽86557
₽95014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 692
income
-
-
-
75 312
chamber of commerce
-
-
-
917
pensions
-
-
-
21 023
surtax
-
-
-
-
unemployment
-
-
-
5 966
total
-
-
-
111 910
Employee
42 521
38 765
191 140
-
income
3 788
2 859
63 683
-
other
425
388
1 137
-
pensions
4 355
3 969
11 637
-
health
1 645
1 501
4 397
-
unemployment
1 276
1 163
3 409
-
total
11 489
9 880
84 263
-
Employer
42 521
38 765
191 140
-
other
2 019
1 840
8 419
-
unemployment
1 276
1 163
3 409
-
health
1 608
1 466
4 295
-
surtax
-
-
-
-
accident
552
504
1 477
-
pensions
5 337
4 866
14 262
-
payroll
1 276
1 163
5 733
-
chamber of commerce
170
155
764
-
total
12 238
11 157
38 359
-
Corporate
174 743
179 579
187 448
-
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.

43 686
44 895
46 863
-
total
43 686
44 895
46 863
-
Dividends
131 057
134 684
-
-
withholding
36 040
37 039
-
-
total
36 040
37 039
-
-
Income
229 500
229 500
229 500
229 500
Total tax
103 453
102 971
169 485
111 910
After tax
126 047
126 529
60 015
117 590
Living cost
31 033
31 033
31 033
31 033
Free-cash
95 014
95 496
28 982
86 557

Estimated living cost  is ₽31033 per week

₽18616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3169
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.
₽8694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171143
₽205568
₽214748
₽203232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 571
-
229 500
-
income
3 114
-
45 900
-
total
3 114
-
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%.

213 929
229 500
-
-
total
-
-
-
-
Dividends
213 929
229 500
-
-
withholding
10 697
11 475
-
-
total
10 697
11 475
-
-
Income
229 500
229 500
229 500
229 500
Total tax
13 811
11 475
45 900
2 295
After tax
215 689
218 025
183 600
227 205
Living cost
12 457
12 457
12 457
12 457
Free-cash
203 232
205 568
171 143
214 748

Estimated living cost  is ₽12457 per week

₽8429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74348
₽131919
₽79334
₽123783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
22 581
income
-
-
-
59 239
pensions
-
-
-
41 912
unemployment
-
-
-
343
total
-
-
-
124 075
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.

43 014
-
198 579
-
income
7 418
-
54 253
-
pensions
6 668
-
30 779
-
health
2 778
-
12 829
-
unemployment
61
-
279
-
total
16 925
-
98 140
-
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.

43 014
-
198 579
-
unemployment
26
-
120
-
health
2 865
-
13 226
-
pensions
3 806
-
17 575
-
total
6 697
-
30 921
-
Corporate
179 789
229 500
-
-
income
34 159
43 605
-
-
total
34 159
43 605
-
-
Dividends
145 630
185 895
-
-
withholding
21 845
27 885
-
-
total
21 845
27 885
-
-
Income
229 500
229 500
229 500
229 500
Total tax
79 626
71 490
129 061
124 075
After tax
149 874
158 010
100 439
105 425
Living cost
26 091
26 091
26 091
26 091
Free-cash
123 783
131 919
74 348
79 334

Estimated living cost  is ₽26091 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171336
₽95054
₽114029
₽45916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
26 163
income
-
-
-
44 734
total
-
-
-
70 897
Employee
63 913
-
-
-
social contributions
5 241
-
747
-
income
14 098
-
-
-
total
19 339
-
747
-
Employer
63 913
-
-
-
social contributions
90 118
-
12 843
-
total
90 118
-
12 843
-
Corporate
75 469
229 500
-
-
income
16 603
50 490
-
-
total
16 603
50 490
-
-
Dividends
58 866
179 010
-
-
income
12 950
39 382
-
-
total
12 950
39 382
-
-
Income
229 500
229 500
229 500
229 500
Total tax
139 010
89 872
13 590
70 897
After tax
90 490
139 628
215 910
158 603
Living cost
44 574
44 574
44 574
44 574
Free-cash
45 916
95 054
171 336
114 029

Estimated living cost  is ₽44574 per week

₽28922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70345
₽100029
₽88666
₽99050
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
79 752
income
-
-
-
30 571
surtax
-
-
-
-
total
-
-
-
110 323
Employee
44 738
-
185 454
-
surtax
-
-
434
-
social contributions
4 921
-
20 399
-
income
9 306
-
63 765
-
total
14 227
-
84 598
-
Employer
44 738
-
185 454
-
social contributions
10 625
-
44 046
-
total
10 625
-
44 046
-
Corporate
174 137
229 500
-
-
surtax
-
-
-
-
income
36 568
48 195
-
-
total
36 568
48 195
-
-
Dividends
137 569
181 305
-
-
withholding
38 519
50 765
-
-
total
38 519
50 765
-
-
Income
229 500
229 500
229 500
229 500
Total tax
99 939
98 960
128 644
110 323
After tax
129 561
130 540
100 856
119 177
Living cost
30 511
30 511
30 511
30 511
Free-cash
99 050
100 029
70 345
88 666

Estimated living cost  is ₽30511 per week

₽22829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70282
₽68685
₽77678
₽75374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
7 114
social contributions
-
-
-
6 540
health
-
-
-
11 520
income
-
-
-
44 287
pensions
-
-
-
35 380
surtax
-
-
-
-
total
-
-
-
104 841
Employee
60 924
-
174 587
-
surtax
-
-
-
-
social contributions
1 735
-
4 975
-
income
5 316
-
38 956
-
pensions
6 891
-
13 396
-
total
13 942
-
57 327
-
Employer
60 924
-
174 587
-
other
2 103
-
7 346
-
unemployment
2 468
-
7 070
-
health
4 264
-
17 641
-
pensions
10 010
-
22 329
-
social contributions
183
-
524
-
total
19 028
-
54 910
-
Corporate
149 548
229 500
-
-
surtax
-
-
-
-
income
41 873
64 261
-
-
total
41 873
64 261
-
-
Dividends
107 675
165 239
-
-
social contributions
18 520
28 422
-
-
surtax
-
-
-
-
withholding
13 782
21 151
-
-
total
32 302
49 573
-
-
Income
229 500
229 500
229 500
229 500
Total tax
107 145
113 834
112 237
104 841
After tax
122 355
115 666
117 263
124 659
Living cost
46 981
46 981
46 981
46 981
Free-cash
75 374
68 685
70 282
77 678

Estimated living cost  is ₽46981 per week

₽31796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143875
₽177310
₽137775
₽174043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 995
social contributions
-
-
-
50 490
total
-
-
-
62 485
Employee
31 272
-
198 701
-
income
-
-
12 672
-
social contributions
2 032
-
12 914
-
total
2 032
-
25 586
-
Employer
31 272
-
198 701
-
social contributions
4 847
-
30 799
-
total
4 847
-
30 799
-
Corporate
193 380
229 500
-
-
income
19 338
22 950
-
-
total
19 338
22 950
-
-
Dividends
174 042
206 550
-
-
total
-
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
26 217
22 950
56 385
62 485
After tax
203 283
206 550
173 115
167 015
Living cost
29 240
29 240
29 240
29 240
Free-cash
174 043
177 310
143 875
137 775

Estimated living cost  is ₽29240 per week

₽18906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2204
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.
₽7579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17917
₽17917
₽85207
₽10106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
18 293
pensions
-
-
-
842
national
-
-
-
28 847
municipal
-
-
-
49 542
total
-
-
-
97 524
Employee
197 399
197 399
197 399
-
labour market
15 769
15 769
15 769
-
municipal
42 035
42 035
42 035
-
national
24 116
24 116
24 116
-
pensions
281
281
281
-
total
82 201
82 201
82 201
-
Employer
197 399
197 399
197 399
-
national
24 158
24 158
24 158
-
labour market
15 792
15 792
15 792
-
pensions
561
561
561
-
municipal
42 102
42 102
42 102
-
total
82 613
82 613
82 613
-
Corporate
17 917
-
-
-
income
3 942
-
-
-
total
3 942
-
-
-
Dividends
13 975
-
-
-
withholding
3 869
-
-
-
total
3 869
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
172 625
164 814
164 814
97 524
After tax
56 875
64 686
64 686
131 976
Living cost
46 769
46 769
46 769
46 769
Free-cash
10 106
17 917
17 917
85 207

Estimated living cost  is ₽46769 per week

₽32009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽719
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105423
-₽2647
₽135446
₽15332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
65 995
pensions
-
-
-
4 076
total
-
-
-
72 818
Employee
33 406
-
210 052
-
income
4 583
-
51 867
-
pensions
3 762
-
7 475
-
health
3 825
-
24 051
-
total
12 170
-
83 393
-
Employer
33 406
-
210 052
-
unemployment
819
-
5 146
-
accident
558
-
3 508
-
pensions
5 432
-
10 794
-
total
6 809
-
19 448
-
Corporate
189 286
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.

170 357
206 550
-
-
total
170 357
206 550
-
-
Dividends
18 929
22 950
-
-
withholding
3 596
4 361
-
-
total
3 596
4 361
-
-
Income
229 500
229 500
229 500
229 500
Total tax
192 932
210 911
102 841
72 818
After tax
36 568
18 589
126 659
156 682
Living cost
21 236
21 236
21 236
21 236
Free-cash
15 332
-2 647
105 423
135 446

Estimated living cost  is ₽21236 per week

₽15458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75942
₽102852
₽102229
₽105857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 129
national
-
-
-
46 049
municipal
-
-
-
40 747
total
-
-
-
89 925
Employee
51 177
-
193 067
-
municipal
8 382
-
31 423
-
national
845
-
29 862
-
pensions
3 454
-
13 032
-
health
382
-
2 568
-
unemployment
768
-
2 896
-
total
13 831
-
79 781
-
Employer
51 177
-
193 067
-
unemployment
332
-
1 255
-
health
393
-
1 486
-
accident
52
-
194
-
pensions
8 879
-
33 496
-
total
9 656
-
36 431
-
Corporate
168 667
229 500
-
-
income
33 733
45 899
-
-
total
33 733
45 899
-
-
Dividends

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

101 201
137 701
-
-
national
10 861
18 618
-
-
municipal
18 216
24 785
-
-
total
29 077
43 403
-
-
Income
229 500
229 500
229 500
229 500
Total tax
86 297
89 302
116 212
89 925
After tax
143 203
140 198
113 288
139 575
Living cost
37 346
37 346
37 346
37 346
Free-cash
105 857
102 852
75 942
102 229

Estimated living cost  is ₽37346 per week

₽24394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
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.
₽8766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129570
₽144712
₽131431
₽139420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
15 738
health
-
-
-
5 852
income
-
-
-
53 958
total
-
-
-
75 548
Employee
74 798
74 798
217 110
-
social contributions
2 828
6 208
8 373
-
income
8 144
6 924
52 956
-
health
580
1 272
3 690
-
total
11 552
14 404
65 019
-
Employer
74 798
74 798
217 110
-
health
629
1 384
4 017
-
social contributions
2 828
6 208
8 373
-
total
3 457
7 592
12 390
-
Corporate
191 969
147 110
-
-
income
23 995
18 389
-
-
total
23 995
18 389
-
-
Dividends
167 974
128 720
-
-
withholding
28 555
21 882
-
-
total
28 555
21 882
-
-
Income
229 500
229 500
229 500
229 500
Total tax
67 559
62 267
77 409
75 548
After tax
161 941
167 233
152 091
153 952
Living cost
22 521
22 521
22 521
22 521
Free-cash
139 420
144 712
129 570
131 431

Estimated living cost  is ₽22521 per week

₽13497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160981
₽174607
₽180489
₽169653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 520
income
-
-
-
23 831
pensions
-
-
-
6 188
unemployment
-
-
-
28
total
-
-
-
33 567
Employee

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

22 327
-
219 993
-
income
1 527
-
21 419
-
pensions
3 349
-
13 844
-
health
1 898
-
7 845
-
unemployment
111
-
461
-
total
6 885
-
43 569
-
Employer

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

22 327
-
219 993
-
unemployment
111
-
461
-
health
960
-
3 969
-
pensions
1 228
-
5 076
-
total
2 299
-
9 506
-
Corporate
204 874
229 500
-
-
income
18 439
20 654
-
-
total
18 439
20 654
-
-
Dividends
186 435
208 846
-
-
withholding
16 780
18 795
-
-
total
16 780
18 795
-
-
Income
229 500
229 500
229 500
229 500
Total tax
44 403
39 449
53 075
33 567
After tax
185 097
190 051
176 425
195 933
Living cost
15 444
15 444
15 444
15 444
Free-cash
169 653
174 607
160 981
180 489

Estimated living cost  is ₽15444 per week

₽9854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97315
₽125526
₽101397
₽121229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
90
accident
-
-
-
812
income
-
-
-
74 307
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
101 354
Employee
35 967
-
200 757
-
income
6 934
-
70 968
-
other
35
-
90
-
pensions
1 691
-
4 238
-
unemployment
557
-
1 397
-
total
9 217
-
76 693
-
Employer
35 967
-
200 757
-
other
288
-
722
-
unemployment
1 979
-
4 958
-
accident
713
-
1 785
-
pensions
8 488
-
21 278
-
total
11 468
-
28 743
-
Corporate
182 066
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.

27 311
34 425
-
-
total
27 311
34 425
-
-
Dividends
154 755
195 075
-
-
withholding
33 526
42 800
-
-
total
33 526
42 800
-
-
Income
229 500
229 500
229 500
229 500
Total tax
81 522
77 225
105 436
101 354
After tax
147 978
152 275
124 064
128 146
Living cost
26 749
26 749
26 749
26 749
Free-cash
121 229
125 526
97 315
101 397

Estimated living cost  is ₽26749 per week

₽18055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146183
₽141404
₽146312
₽141109
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
954
income
-
-
-
79 114
pensions
-
-
-
1 316
total
-
-
-
81 384
Employee
2 748
-
228 020
-
income
532
-
79 045
-
pensions
247
-
592
-
health
137
-
329
-
unemployment
27
-
66
-
total
943
-
80 032
-
Employer
2 748
-
228 020
-
unemployment
55
-
132
-
health
261
-
625
-
pensions
302
-
724
-
total
618
-
1 481
-
Corporate
226 134
229 500
-
-
income
49 749
50 490
-
-
total
49 749
50 490
-
-
Dividends
176 385
179 010
-
-
withholding
35 277
35 802
-
-
total
35 277
35 802
-
-
Income
229 500
229 500
229 500
229 500
Total tax
86 587
86 292
81 513
81 384
After tax
142 913
143 208
147 987
148 116
Living cost
1 804
1 804
1 804
1 804
Free-cash
141 109
141 404
146 183
146 312

Estimated living cost  is ₽1804 per week

₽1072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132366
₽149065
₽132366
₽144299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 372
income
-
-
-
53 330
pensions
-
-
-
18 609
unemployment
-
-
-
1 074
total
-
-
-
80 385
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.

25 256
-
216 688
-
income
3 481
-
53 330
-
pensions
3 536
-
10 020
-
health
1 301
-
3 686
-
unemployment
189
-
537
-
total
8 507
-
67 573
-
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.

25 256
-
216 688
-
unemployment
189
-
537
-
health
1 301
-
3 686
-
pensions
3 031
-
8 589
-
total
4 521
-
12 812
-
Corporate
199 723
229 500
-
-
income
29 959
34 425
-
-
total
29 959
34 425
-
-
Dividends
169 765
195 075
-
-
withholding
25 465
29 261
-
-
total
25 465
29 261
-
-
Income
229 500
229 500
229 500
229 500
Total tax
68 452
63 686
80 385
80 385
After tax
161 048
165 814
149 115
149 115
Living cost
16 749
16 749
16 749
16 749
Free-cash
144 299
149 065
132 366
132 366

Estimated living cost  is ₽16749 per week

₽11277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74632
₽104316
₽92953
₽103965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
79 752
income
-
-
-
30 571
surtax
-
-
-
-
total
-
-
-
110 323
Employee
37 754
-
185 454
-
surtax
-
-
434
-
social contributions
4 153
-
20 399
-
income
7 377
-
63 765
-
total
11 530
-
84 598
-
Employer
37 754
-
185 454
-
social contributions
8 966
-
44 046
-
total
8 966
-
44 046
-
Corporate
182 781
229 500
-
-
surtax
-
-
-
-
income
38 384
48 195
-
-
total
38 384
48 195
-
-
Dividends
144 396
181 305
-
-
withholding
40 431
50 765
-
-
total
40 431
50 765
-
-
Income
229 500
229 500
229 500
229 500
Total tax
99 311
98 960
128 644
110 323
After tax
130 189
130 540
100 856
119 177
Living cost
26 224
26 224
26 224
26 224
Free-cash
103 965
104 316
74 632
92 953

Estimated living cost  is ₽26224 per week

₽18574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89878
₽118089
₽93960
₽111724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
90
accident
-
-
-
812
income
-
-
-
74 307
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
101 354
Employee
46 978
-
200 757
-
income
9 812
-
70 968
-
other
46
-
90
-
pensions
2 208
-
4 238
-
unemployment
727
-
1 397
-
total
12 793
-
76 693
-
Employer
46 978
-
200 757
-
other
377
-
722
-
unemployment
2 584
-
4 958
-
accident
930
-
1 785
-
pensions
11 087
-
21 278
-
total
14 978
-
28 743
-
Corporate
167 544
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.

25 132
34 425
-
-
total
25 132
34 425
-
-
Dividends
142 411
195 075
-
-
withholding
30 687
42 800
-
-
total
30 687
42 800
-
-
Income
229 500
229 500
229 500
229 500
Total tax
83 590
77 225
105 436
101 354
After tax
145 910
152 275
124 064
128 146
Living cost
34 186
34 186
34 186
34 186
Free-cash
111 724
118 089
89 878
93 960

Estimated living cost  is ₽34186 per week

₽24551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2658
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.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽179208
₽179679
₽169562
₽173817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 863
income
-
-
-
34 425
pensions

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

-
-
-
4 972
unemployment
-
-
-
134
total
-
-
-
43 394
Employee
21 907
-
222 909
-
income
2 191
-
22 291
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
pensions

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

1 923
-
2 950
-
health
1 008
-
1 545
-
total
5 363
-
27 156
-
Employer
21 907
-
222 909
-
unemployment
132
-
202
-
health
1 512
-
2 318
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
pensions

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

2 414
-
3 702
-
total
4 299
-
6 592
-
Corporate
203 294
229 500
-
-
income
20 329
22 950
-
-
total
20 329
22 950
-
-
Dividends
182 965
206 550
-
-
withholding
9 148
10 327
-
-
total
9 148
10 327
-
-
Income
229 500
229 500
229 500
229 500
Total tax
39 139
33 277
33 748
43 394
After tax
190 361
196 223
195 752
186 106
Living cost
16 544
16 544
16 544
16 544
Free-cash
173 817
179 679
179 208
169 562

Estimated living cost  is ₽16544 per week

₽10942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103653
₽80463
₽77210
₽93189
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
77 391
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.

-
-
-
4 257
trade
-
-
-
26 443
total
-
-
-
114 736
Employee

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

48 399
-
229 500
-
surtax

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

220
-
4 257
-
income

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

3 980
-
77 391
-
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.

6 645
-
6 645
-
total
10 845
-
88 293
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 101
229 500
-
-
chamber of commerce
413
484
-
-
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.

1 493
1 894
-
-
trade
25 987
32 933
-
-
income
27 165
34 425
-
-
total
55 058
69 736
-
-
Dividends
126 042
159 764
-
-
surtax

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

1 713
2 176
-
-
withholding
31 141
39 571
-
-
total
32 854
41 747
-
-
Income
229 500
229 500
229 500
229 500
Total tax
98 757
111 483
88 293
114 736
After tax
130 743
118 017
141 207
114 764
Living cost
37 554
37 554
37 554
37 554
Free-cash
93 189
80 463
103 653
77 210

Estimated living cost  is ₽37554 per week

₽25906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58731
₽105239
₽58731
₽107387
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 722
social contributions
-
-
-
39 636
total
-
-
-
115 358
Employee
76 089
-
229 500
-
income
14 358
-
75 722
-
social contributions
6 321
-
39 636
-
total
20 679
-
115 358
-
Employer
76 089
-
229 500
-
total
-
-
-
-
Corporate
153 411
229 500
-
-
income
19 176
28 688
-
-
total
19 176
28 688
-
-
Dividends
134 236
200 812
-
-
withholding
26 847
40 162
-
-
total
26 847
40 162
-
-
Income
229 500
229 500
229 500
229 500
Total tax
66 702
68 850
115 358
115 358
After tax
162 798
160 650
114 142
114 142
Living cost
55 411
55 411
55 411
55 411
Free-cash
107 387
105 239
58 731
58 731

Estimated living cost  is ₽55411 per week

₽42156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124319
₽108725
₽153764
₽112125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 425
health

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

-
-
-
6 001
total
-
-
-
40 426
Employee
44 623
-
225 025
-
income
4 842
-
60 921
-
social contributions
4 471
-
4 475
-
total
9 313
-
65 396
-
Employer
44 623
-
225 025
-
social contributions
4 471
-
4 475
-
total
4 471
-
4 475
-
Corporate
180 406
229 500
-
-
income
63 142
80 326
-
-
total
63 142
80 326
-
-
Dividends
117 264
149 174
-
-
social contributions
5 139
5 139
-
-
total
5 139
5 139
-
-
Income
229 500
229 500
229 500
229 500
Total tax
82 065
85 465
69 871
40 426
After tax
147 435
144 035
159 629
189 074
Living cost
35 310
35 310
35 310
35 310
Free-cash
112 125
108 725
124 319
153 764

Estimated living cost  is ₽35310 per week

₽23259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91399
₽107944
₽111842
₽113664
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 891
pensions
-
-
-
9 880
total
-
-
-
81 771
Employee
49 260
-
199 933
-
income
8 971
-
58 260
-
health
643
-
2 669
-
pensions
3 760
-
11 718
-
total
13 374
-
72 647
-
Employer
49 260
-
199 933
-
health
936
-
3 798
-
pensions
4 977
-
25 769
-
total
5 913
-
29 567
-
Corporate
174 327
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.

33 123
43 604
-
-
total
33 123
43 604
-
-
Dividends
141 204
185 896
-
-
withholding
27 539
42 065
-
-
total
27 539
42 065
-
-
Income
229 500
229 500
229 500
229 500
Total tax
79 949
85 669
102 214
81 771
After tax
149 551
143 831
127 286
147 729
Living cost
35 887
35 887
35 887
35 887
Free-cash
113 664
107 944
91 399
111 842

Estimated living cost  is ₽35887 per week

₽24618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽103320
-₽4750
₽133343
₽15010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
65 995
pensions
-
-
-
4 076
total
-
-
-
72 818
Employee
36 713
-
210 052
-
income
5 037
-
51 867
-
pensions
4 134
-
7 475
-
health
4 203
-
24 051
-
total
13 374
-
83 393
-
Employer
36 713
-
210 052
-
unemployment
899
-
5 146
-
accident
613
-
3 508
-
pensions
5 969
-
10 794
-
total
7 481
-
19 448
-
Corporate
185 306
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.

166 775
206 550
-
-
total
166 775
206 550
-
-
Dividends
18 531
22 950
-
-
withholding
3 521
4 361
-
-
total
3 521
4 361
-
-
Income
229 500
229 500
229 500
229 500
Total tax
191 151
210 911
102 841
72 818
After tax
38 349
18 589
126 659
156 682
Living cost
23 339
23 339
23 339
23 339
Free-cash
15 010
-4 750
103 320
133 343

Estimated living cost  is ₽23339 per week

₽17128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156340
₽162465
₽135008
₽159529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
38 726
health insurance
-
-
-
11 480
work injury
-
-
-
776
pensions
-
-
-
28 545
unemployment
-
-
-
1 862
total
-
-
-
81 389
Employee

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

20 965
-
229 500
-
income
2 096
-
38 726
-
work injury
105
-
388
-
health insurance
1 551
-
5 740
-
pensions
3 858
-
14 272
-
unemployment
252
-
931
-
total
7 862
-
60 057
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
208 535
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%.

20 854
22 950
-
-
total
20 854
22 950
-
-
Dividends
187 682
206 550
-
-
withholding
28 152
30 982
-
-
total
28 152
30 982
-
-
Income
229 500
229 500
229 500
229 500
Total tax
56 868
53 932
60 057
81 389
After tax
172 632
175 568
169 443
148 111
Living cost
13 103
13 103
13 103
13 103
Free-cash
159 529
162 465
156 340
135 008

Estimated living cost  is ₽13103 per week

₽8118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3625
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61606
₽82132
₽69597
₽77710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
48 685
national
-
-
-
65 143
regional
-
-
-
5 696
municipal
-
-
-
1 628
total
-
-
-
121 152
Employee
81 968
-
229 500
-
social contributions
27 639
-
63 827
-
municipal
489
-
1 492
-
national
13 852
-
58 632
-
regional
1 238
-
5 192
-
total
43 218
-
129 143
-
Employer
81 968
-
229 500
-
total
-
-
-
-
Corporate
147 532
229 500
-
-
nationa
35 407
55 081
-
-
municipal
7 111
11 063
-
-
total
42 518
66 144
-
-
Dividends
105 015
163 357
-
-
withholding
27 303
42 473
-
-
total
27 303
42 473
-
-
Income
229 500
229 500
229 500
229 500
Total tax
113 039
108 617
129 143
121 152
After tax
116 461
120 883
100 357
108 348
Living cost
38 751
38 751
38 751
38 751
Free-cash
77 710
82 132
61 606
69 597

Estimated living cost  is ₽38751 per week

₽27220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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