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
₽86510
₽111920
₽82820
₽97150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
77 596
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.

-
-
-
4 267
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.

-
-
-
6 573
trade
-
-
-
29 100
total
-
-
-
117 536
Employee

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

36 802
-
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
-
4 267
-
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.

1 028
-
77 596
-
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.

6 573
-
6 573
-
total
7 658
-
88 436
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 698
229 500
-
-
income
28 904
34 424
-
-
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.

1 590
1 893
-
-
chamber of commerce
424
477
-
-
trade
30 350
36 146
-
-
total
61 268
72 940
-
-
Dividends
131 430
156 560
-
-
surtax

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

1 788
2 133
-
-
withholding
32 492
38 773
-
-
total
34 280
40 906
-
-
Income
229 500
229 500
229 500
229 500
Total tax
103 206
113 846
88 436
117 536
After tax
126 294
115 654
141 064
111 964
Living cost
29 144
29 144
29 144
29 144
Free-cash
97 150
86 510
111 920
82 820

Estimated living cost  is ₽29144 per week

₽18332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91790
₽80456
₽79223
₽90935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
25 502
national
-
-
-
43 350
pensions
-
-
-
27 540
total
-
-
-
98 859
Employee
79 708
-
198 401
-
municipal
9 845
-
26 390
-
pensions
3 188
-
7 936
-
national
15 256
-
45 295
-
total
28 289
-
79 621
-
Employer
79 708
-
198 401
-
pensions
6 377
-
15 872
-
social contributions
857
-
2 133
-
total
7 234
-
18 005
-
Corporate
137 298
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%.

27 460
45 900
-
-
total
27 460
45 900
-
-
Dividends
109 839
183 600
-
-
withholding
24 164
40 392
-
-
total
24 164
40 392
-
-
Income
229 500
229 500
229 500
229 500
Total tax
87 147
86 292
97 626
98 859
After tax
142 353
143 208
131 874
130 641
Living cost
51 418
51 418
51 418
51 418
Free-cash
90 935
91 790
80 456
79 223

Estimated living cost  is ₽51418 per week

₽34948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽770
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163583
₽80451
₽64335
₽155690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
49 760
surtax
-
-
-
58 523
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.

-
-
-
36 865
microenterprise
-
-
-
-
total
-
-
-
145 148
Employee
28 115
-
181 869
-
surtax
-
-
26 372
-
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.

3 093
-
12 613
-
income
5 005
-
42 418
-
total
8 098
-
81 403
-
Employer
28 115
-
181 869
-
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.

6 772
-
27 624
-
surtax
-
-
20 005
-
total
6 772
-
47 629
-
Corporate
194 612
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%.

38 923
45 900
-
-
total
38 923
45 900
-
-
Dividends

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

155 689
183 600
-
-
total
-
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
53 793
45 900
129 032
145 148
After tax
175 707
183 600
100 468
84 352
Living cost
20 017
20 017
20 017
20 017
Free-cash
155 690
163 583
80 451
64 335

Estimated living cost  is ₽20017 per week

₽12771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74213
₽106447
₽82220
₽68317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 835
health
-
-
-
11 865
pensions
-
-
-
11 273
total
-
-
-
106 973
Employee
82 167
82 167
211 619
-
pensions
14 790
11 273
11 273
-
income

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

13 449
13 449
41 727
-
health
12 612
10 727
11 865
-
total
40 851
35 449
64 865
-
Employer
82 167
82 167
211 619
-
health
5 711
5 711
7 097
-
pensions
5 719
5 719
7 108
-
unemployment
2 958
2 958
3 676
-
total
14 388
14 388
17 881
-
Corporate
133 953
132 945
-
-
income
26 790
26 589
-
-
total
26 790
26 589
-
-
Dividends
107 163
106 356
-
-
income
22 773
22 601
-
-
withholding
16 074
15 953
-
-
total
38 847
38 554
-
-
Income
229 500
229 500
229 500
229 500
Total tax
120 876
114 980
82 746
106 973
After tax
108 624
114 520
146 754
122 527
Living cost
40 307
40 307
40 307
40 307
Free-cash
68 317
74 213
106 447
82 220

Estimated living cost  is ₽40307 per week

₽28565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85947
₽74093
₽75048
₽85063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
accident
-
-
-
172
other
-
-
-
10 024
unemployment
-
-
-
86
health
-
-
-
5 383
municipal
-
-
-
60 985
national
-
-
-
29 117
pensions
-
-
-
9 325
total
-
-
-
115 092
Employee
56 084
-
202 396
-
municipal
16 724
-
60 355
-
national
-
-
28 589
-
total
16 724
-
88 944
-
Employer
56 084
-
202 396
-
health
3 449
-
5 305
-
pensions
6 063
-
9 325
-
accident
112
-
172
-
unemployment
1 481
-
2 277
-
other
6 517
-
10 024
-
total
17 622
-
27 103
-
Corporate
155 795
229 500
-
-
income
34 275
50 490
-
-
total
34 275
50 490
-
-
Dividends
121 520
179 010
-
-
withholding
36 456
53 703
-
-
total
36 456
53 703
-
-
Income
229 500
229 500
229 500
229 500
Total tax
105 077
104 193
116 047
115 092
After tax
124 423
125 307
113 453
114 408
Living cost
39 360
39 360
39 360
39 360
Free-cash
85 063
85 947
74 093
75 048

Estimated living cost  is ₽39360 per week

₽26086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76673
₽103265
₽72871
₽90192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
77 596
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.

-
-
-
4 267
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.

-
-
-
6 573
trade
-
-
-
30 394
total
-
-
-
118 830
Employee

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

48 794
-
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.

230
-
4 267
-
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.

4 192
-
77 596
-
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.

6 573
-
6 573
-
total
10 995
-
88 436
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 706
229 500
-
-
income
27 106
34 424
-
-
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.

1 490
1 893
-
-
chamber of commerce
404
473
-
-
trade
29 726
37 753
-
-
total
58 726
74 543
-
-
Dividends
121 980
154 957
-
-
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.

1 658
2 111
-
-
withholding
30 130
38 374
-
-
total
31 788
40 485
-
-
Income
229 500
229 500
229 500
229 500
Total tax
101 509
115 028
88 436
118 830
After tax
127 991
114 472
141 064
110 670
Living cost
37 799
37 799
37 799
37 799
Free-cash
90 192
76 673
103 265
72 871

Estimated living cost  is ₽37799 per week

₽25280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136019
₽120795
₽122649
₽132029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 223
social contributions
-
-
-
15 568
health
-
-
-
5 852
total
-
-
-
75 643
Employee
73 987
73 987
217 199
-
social contributions
3 595
6 141
8 282
-
income
7 769
6 849
53 222
-
health
736
1 258
3 692
-
total
12 100
14 248
65 196
-
Employer
73 987
73 987
217 199
-
health
802
1 369
4 019
-
social contributions
3 595
6 141
8 282
-
total
4 397
7 510
12 301
-
Corporate
181 794
148 003
-
-
income
22 724
18 500
-
-
total
22 724
18 500
-
-
Dividends
159 071
129 502
-
-
withholding
27 042
22 015
-
-
total
27 042
22 015
-
-
Income
229 500
229 500
229 500
229 500
Total tax
66 263
62 273
77 497
75 643
After tax
163 237
167 227
152 003
153 857
Living cost
31 208
31 208
31 208
31 208
Free-cash
132 029
136 019
120 795
122 649

Estimated living cost  is ₽31208 per week

₽21334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111128
₽115371
₽141316
₽111495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 056
unemployment
-
-
-
3 442
health
-
-
-
16 065
pensions
-
-
-
22 950
total
-
-
-
70 513
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.

25 508
10 152
192 050
-
unemployment
383
152
2 881
-
pensions
2 551
1 015
19 205
-
income
3 118
1 241
23 478
-
health
1 786
711
13 444
-
total
7 838
3 119
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.

25 508
10 152
192 050
-
pensions
4 974
1 980
37 450
-
total
4 974
1 980
37 450
-
Corporate
199 018
217 369
-
-
income
17 912
19 563
-
-
total
17 912
19 563
-
-
Dividends
181 106
197 805
-
-
social contributions
35 200
38 456
-
-
withholding
34 410
37 583
-
-
total
69 610
76 039
-
-
Income
229 500
229 500
229 500
229 500
Total tax
100 334
100 701
96 458
70 513
After tax
129 166
128 799
133 042
158 987
Living cost
17 671
17 671
17 671
17 671
Free-cash
111 495
111 128
115 371
141 316

Estimated living cost  is ₽17671 per week

₽12059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160360
₽109040
₽99772
₽154382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
30 752
health
-
-
-
29 836
pensions
-
-
-
45 900
total
-
-
-
106 488
Employee
27 296
-
171 523
-
unemployment
436
-
2 744
-
pensions
546
-
3 431
-
income
3 073
-
33 069
-
total
4 055
-
39 244
-
Employer
27 296
-
171 523
-
health
3 548
-
22 298
-
pensions
5 460
-
34 305
-
unemployment
219
-
1 373
-
total
9 227
-
57 976
-
Corporate
192 978
229 500
-
-
income
38 596
45 900
-
-
total
38 596
45 900
-
-
Dividends
154 382
183 600
-
-
total
-
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
51 878
45 900
97 220
106 488
After tax
177 622
183 600
132 280
123 012
Living cost
23 240
23 240
23 240
23 240
Free-cash
154 382
160 360
109 040
99 772

Estimated living cost  is ₽23240 per week

₽15940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2883
₽105210
₽135208
₽15296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
accident
-
-
-
246
income
-
-
-
66 023
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
72 820
Employee
33 776
-
210 092
-
pensions
3 803
-
7 446
-
income
4 634
-
51 907
-
health
3 867
-
24 056
-
total
12 304
-
83 409
-
Employer
33 776
-
210 092
-
pensions
5 492
-
10 753
-
accident
564
-
3 509
-
unemployment
827
-
5 147
-
total
6 883
-
19 409
-
Corporate
188 841
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.

169 957
206 550
-
-
total
169 957
206 550
-
-
Dividends
18 884
22 950
-
-
withholding
3 588
4 361
-
-
total
3 588
4 361
-
-
Income
229 500
229 500
229 500
229 500
Total tax
192 732
210 911
102 818
72 820
After tax
36 768
18 589
126 682
156 680
Living cost
21 472
21 472
21 472
21 472
Free-cash
15 296
-2 883
105 210
135 208

Estimated living cost  is ₽21472 per week

₽15737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽210145
₽175720
₽219325
₽208668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 850
-
229 500
-
income
1 970
-
45 900
-
total
1 970
-
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%.

219 650
229 500
-
-
total
-
-
-
-
Dividends
219 650
229 500
-
-
withholding
10 982
11 475
-
-
total
10 982
11 475
-
-
Income
229 500
229 500
229 500
229 500
Total tax
12 952
11 475
45 900
2 295
After tax
216 548
218 025
183 600
227 205
Living cost
7 880
7 880
7 880
7 880
Free-cash
208 668
210 145
175 720
219 325

Estimated living cost  is ₽7880 per week

₽4883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142975
₽112313
₽114181
₽136478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 178
other
-
-
-
6 949
health
-
-
-
6 438
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.

-
-
-
35 116
total
-
-
-
89 681
Employee
34 936
-
192 262
-
unemployment
349
-
1 463
-
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.

2 445
-
10 242
-
income
6 015
-
40 556
-
health
489
-
2 049
-
total
9 298
-
54 310
-
Employer
34 936
-
192 262
-
health
489
-
2 049
-
pensions

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

5 940
-
24 875
-
accident
279
-
1 537
-
unemployment
349
-
1 463
-
other
1 747
-
7 315
-
total
8 804
-
37 239
-
Corporate
185 760
229 500
-
-
income
39 009
48 195
-
-
total
39 009
48 195
-
-
Dividends
146 751
181 305
-
-
withholding
10 273
12 692
-
-
total
10 273
12 692
-
-
Income
229 500
229 500
229 500
229 500
Total tax
67 384
60 887
91 549
89 681
After tax
162 116
168 613
137 951
139 819
Living cost
25 638
25 638
25 638
25 638
Free-cash
136 478
142 975
112 313
114 181

Estimated living cost  is ₽25638 per week

₽18115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79946
₽63505
₽83934
₽87602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 176
pensions
-
-
-
9 795
total
-
-
-
81 971
Employee
89 978
-
199 907
-
pensions
8 680
-
11 594
-
income
16 219
-
58 555
-
health
1 483
-
2 658
-
total
26 382
-
72 807
-
Employer
89 978
-
199 907
-
health
1 709
-
3 799
-
pensions
10 624
-
25 794
-
total
12 333
-
29 593
-
Corporate
127 190
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.

24 167
43 605
-
-
total
24 167
43 605
-
-
Dividends
103 023
185 895
-
-
withholding
15 421
42 354
-
-
total
15 421
42 354
-
-
Income
229 500
229 500
229 500
229 500
Total tax
78 303
85 959
102 400
81 971
After tax
151 197
143 541
127 100
147 529
Living cost
63 595
63 595
63 595
63 595
Free-cash
87 602
79 946
63 505
83 934

Estimated living cost  is ₽63595 per week

₽47653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽183615
₽183150
₽173501
₽179148
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
34 425
unemployment
-
-
-
134
health
-
-
-
3 862
pensions

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

-
-
-
4 971
total
-
-
-
43 392
Employee
16 693
-
222 911
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
pensions

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

1 466
-
2 949
-
income
1 669
-
22 291
-
health
768
-
1 545
-
total
4 087
-
27 154
-
Employer
16 693
-
222 911
-
health
1 152
-
2 317
-
pensions

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

1 840
-
3 701
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
unemployment
100
-
202
-
total
3 276
-
6 589
-
Corporate
209 531
229 500
-
-
income
20 953
22 950
-
-
total
20 953
22 950
-
-
Dividends
188 578
206 550
-
-
withholding
9 429
10 328
-
-
total
9 429
10 328
-
-
Income
229 500
229 500
229 500
229 500
Total tax
37 745
33 278
33 743
43 392
After tax
191 755
196 222
195 757
186 108
Living cost
12 607
12 607
12 607
12 607
Free-cash
179 148
183 615
183 150
173 501

Estimated living cost  is ₽12607 per week

₽7360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽900
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.
₽4013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61166
₽93400
₽69173
₽63584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 835
health
-
-
-
11 865
pensions
-
-
-
11 273
total
-
-
-
106 973
Employee
89 206
82 167
211 619
-
pensions
11 273
11 273
11 273
-
income

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

13 449
13 449
41 727
-
health
11 129
10 727
11 865
-
total
35 851
35 449
64 865
-
Employer
89 206
82 167
211 619
-
health
6 199
5 711
7 097
-
pensions
6 208
5 719
7 108
-
unemployment
3 212
2 958
3 676
-
total
15 619
14 388
17 881
-
Corporate
124 675
132 945
-
-
income
24 935
26 589
-
-
total
24 935
26 589
-
-
Dividends
99 740
106 356
-
-
income
21 195
22 601
-
-
withholding
14 962
15 953
-
-
total
36 157
38 554
-
-
Income
229 500
229 500
229 500
229 500
Total tax
112 562
114 980
82 746
106 973
After tax
116 938
114 520
146 754
122 527
Living cost
53 354
53 354
53 354
53 354
Free-cash
63 584
61 166
93 400
69 173

Estimated living cost  is ₽53354 per week

₽39358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134081
₽102155
₽112309
₽125544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 612
social contributions
-
-
-
34 435
solidarity contribution
-
-
-
3 231
health
-
-
-
30 983
total
-
-
-
93 261
Employee
35 191
-
183 503
-
solidarity contribution
-
-
2 320
-
social contributions
2 287
-
7 665
-
income
4 223
-
22 660
-
health
4 751
-
24 773
-
total
11 261
-
57 418
-
Employer
35 191
-
183 503
-
health
3 167
-
16 515
-
social contributions
8 798
-
29 482
-
total
11 965
-
45 997
-
Corporate
182 343
229 500
-
-
income
34 645
43 605
-
-
total
34 645
43 605
-
-
Dividends
147 698
185 895
-
-
withholding
22 155
27 884
-
-
total
22 155
27 884
-
-
Income
229 500
229 500
229 500
229 500
Total tax
80 026
71 489
103 415
93 261
After tax
149 474
158 011
126 085
136 239
Living cost
23 930
23 930
23 930
23 930
Free-cash
125 544
134 081
102 155
112 309

Estimated living cost  is ₽23930 per week

₽16622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81845
₽62663
₽70819
₽76822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 157
regional
-
-
-
2 964
municipal
-
-
-
1 452
national
-
-
-
65 507
total
-
-
-
118 080
Employee
85 513
-
229 500
-
municipal
453
-
1 331
-
national
14 817
-
59 067
-
regional
807
-
2 703
-
social contributions
28 835
-
63 135
-
total
44 912
-
126 236
-
Employer
85 513
-
229 500
-
total
-
-
-
-
Corporate
143 987
229 500
-
-
municipal
5 615
8 951
-
-
nationa
34 557
55 081
-
-
total
40 172
64 032
-
-
Dividends
103 815
165 469
-
-
withholding
26 993
43 022
-
-
total
26 993
43 022
-
-
Income
229 500
229 500
229 500
229 500
Total tax
112 077
107 054
126 236
118 080
After tax
117 423
122 446
103 264
111 420
Living cost
40 601
40 601
40 601
40 601
Free-cash
76 822
81 845
62 663
70 819

Estimated living cost  is ₽40601 per week

₽28302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123124
₽80695
₽86578
₽120127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 005
other
-
-
-
-
surtax
-
-
-
12 666
unemployment
-
-
-
219
health
-
-
-
9 117
pensions
-
-
-
25 683
total
-
-
-
121 690
Employee
31 819
-
202 469
-
other
-
-
-
-
unemployment
2 215
-
8 938
-
pensions
2 122
-
8 565
-
surtax
104
-
11 516
-
income
5 334
-
68 249
-
health
813
-
3 274
-
total
10 588
-
100 542
-
Employer
31 819
-
202 469
-
health
1 448
-
5 843
-
pensions
4 242
-
17 118
-
unemployment
1 008
-
4 070
-
other
-
-
-
-
total
6 698
-
27 031
-
Corporate
190 984
229 500
-
-
income
49 656
59 669
-
-
total
49 656
59 669
-
-
Dividends
141 328
169 831
-
-
withholding
21 199
25 475
-
-
total
21 199
25 475
-
-
Income
229 500
229 500
229 500
229 500
Total tax
88 141
85 144
127 573
121 690
After tax
141 359
144 356
101 927
107 810
Living cost
21 232
21 232
21 232
21 232
Free-cash
120 127
123 124
80 695
86 578

Estimated living cost  is ₽21232 per week

₽12982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100094
₽83653
₽104082
₽106377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 176
pensions
-
-
-
9 795
total
-
-
-
81 971
Employee
60 301
-
199 907
-
pensions
5 118
-
11 594
-
income
10 860
-
58 555
-
health
875
-
2 658
-
total
16 853
-
72 807
-
Employer
60 301
-
199 907
-
health
1 146
-
3 799
-
pensions
6 528
-
25 794
-
total
7 674
-
29 593
-
Corporate
161 526
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.

30 690
43 605
-
-
total
30 690
43 605
-
-
Dividends
130 836
185 895
-
-
withholding
24 459
42 354
-
-
total
24 459
42 354
-
-
Income
229 500
229 500
229 500
229 500
Total tax
79 676
85 959
102 400
81 971
After tax
149 824
143 541
127 100
147 529
Living cost
43 447
43 447
43 447
43 447
Free-cash
106 377
100 094
83 653
104 082

Estimated living cost  is ₽43447 per week

₽32550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28399
₽97071
₽105243
₽61151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 591
regional
-
-
-
12 980
health
-
-
-
517
city
-
-
-
2 418
national
-
-
-
6 092
pensions
-
-
-
21 113
total
-
-
-
47 711
Employee
89 579
-
206 679
-
unemployment
-
-
-
-
pensions
7 526
-
15 948
-
national
424
-
5 081
-
regional
2 933
-
11 603
-
city
961
-
2 237
-
health
202
-
466
-
total
12 046
-
35 335
-
Employer
89 579
-
206 679
-
health
202
-
466
-
pensions
7 526
-
15 948
-
unemployment
-
-
-
-
other

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

1 791
-
4 134
-
total
9 519
-
20 548
-
Corporate
129 417
229 500
-
-
regional
27 373
48 539
-
-
national
11 000
19 507
-
-
total
38 373
68 046
-
-
Dividends
91 044
161 455
-
-
withholding
31 865
56 509
-
-
total
31 865
56 509
-
-
Income
229 500
229 500
229 500
229 500
Total tax
91 803
124 555
55 883
47 711
After tax
137 697
104 945
173 617
181 789
Living cost
76 546
76 546
76 546
76 546
Free-cash
61 151
28 399
97 071
105 243

Estimated living cost  is ₽76546 per week

₽49777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽69215
₽96986
₽65299
₽84815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
77 596
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.

-
-
-
4 267
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.

-
-
-
6 573
trade
-
-
-
31 687
total
-
-
-
120 123
Employee

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

57 825
-
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.

374
-
4 267
-
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.

6 800
-
77 596
-
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.

6 573
-
6 573
-
total
13 747
-
88 436
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 675
229 500
-
-
income
25 751
34 424
-
-
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.

1 417
1 893
-
-
chamber of commerce
387
469
-
-
trade
29 443
39 360
-
-
total
56 998
76 146
-
-
Dividends
114 677
153 354
-
-
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.

1 558
2 089
-
-
withholding
28 304
37 972
-
-
total
29 862
40 061
-
-
Income
229 500
229 500
229 500
229 500
Total tax
100 607
116 207
88 436
120 123
After tax
128 893
113 293
141 064
109 377
Living cost
44 078
44 078
44 078
44 078
Free-cash
84 815
69 215
96 986
65 299

Estimated living cost  is ₽44078 per week

₽32193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82750
₽83986
₽91538
₽88435
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
44 612
other
-
-
-
7 114
surtax
-
-
-
-
social contributions
-
-
-
6 539
health
-
-
-
11 576
pensions
-
-
-
35 202
total
-
-
-
105 043
Employee
41 180
-
174 483
-
pensions
4 656
-
13 432
-
surtax
-
-
-
-
social contributions
1 174
-
4 970
-
income
2 430
-
39 176
-
total
8 260
-
57 578
-
Employer
41 180
-
174 483
-
health
2 883
-
17 683
-
pensions
6 765
-
22 383
-
unemployment
1 667
-
7 066
-
social contributions
124
-
524
-
other
1 421
-
7 361
-
total
12 860
-
55 017
-
Corporate
175 460
229 500
-
-
income
49 128
64 260
-
-
surtax
-
-
-
-
total
49 128
64 260
-
-
Dividends
126 332
165 240
-
-
surtax
-
-
-
-
social contributions
21 728
28 420
-
-
withholding
16 170
21 151
-
-
total
37 898
49 571
-
-
Income
229 500
229 500
229 500
229 500
Total tax
108 146
113 831
112 595
105 043
After tax
121 354
115 669
116 905
124 457
Living cost
32 919
32 919
32 919
32 919
Free-cash
88 435
82 750
83 986
91 538

Estimated living cost  is ₽32919 per week

₽20757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86011
₽87247
₽94799
₽91355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
44 612
other
-
-
-
7 114
surtax
-
-
-
-
social contributions
-
-
-
6 539
health
-
-
-
11 576
pensions
-
-
-
35 202
total
-
-
-
105 043
Employee
36 759
-
174 483
-
pensions
4 158
-
13 432
-
surtax
-
-
-
-
social contributions
1 048
-
4 970
-
income
1 895
-
39 176
-
total
7 101
-
57 578
-
Employer
36 759
-
174 483
-
health
2 573
-
17 683
-
pensions
6 040
-
22 383
-
unemployment
1 488
-
7 066
-
social contributions
110
-
524
-
other
1 269
-
7 361
-
total
11 480
-
55 017
-
Corporate
181 262
229 500
-
-
income
50 753
64 260
-
-
surtax
-
-
-
-
total
50 753
64 260
-
-
Dividends
130 508
165 240
-
-
surtax
-
-
-
-
social contributions
22 448
28 420
-
-
withholding
16 705
21 151
-
-
total
39 153
49 571
-
-
Income
229 500
229 500
229 500
229 500
Total tax
108 487
113 831
112 595
105 043
After tax
121 013
115 669
116 905
124 457
Living cost
29 658
29 658
29 658
29 658
Free-cash
91 355
86 011
87 247
94 799

Estimated living cost  is ₽29658 per week

₽17200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119612
₽120486
₽126983
₽120111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
34 424
social contributions
-
-
-
31 671
health
-
-
-
16 019
total
-
-
-
82 114
Employee
32 624
-
229 500
-
social contributions
4 503
-
31 671
-
income
5 441
-
40 921
-
health
2 277
-
16 019
-
total
12 221
-
88 611
-
Employer
32 624
-
229 500
-
total
-
-
-
-
Corporate
196 876
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%.

9 844
11 474
-
-
total
9 844
11 474
-
-
Dividends
187 033
218 026
-
-
social contributions
25 811
30 088
-
-
withholding
28 055
32 704
-
-
health
13 055
15 219
-
-
total
66 921
78 011
-
-
Income
229 500
229 500
229 500
229 500
Total tax
88 986
89 485
88 611
82 114
After tax
140 514
140 015
140 889
147 386
Living cost
20 403
20 403
20 403
20 403
Free-cash
120 111
119 612
120 486
126 983

Estimated living cost  is ₽20403 per week

₽13654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
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.
₽5019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92509
₽25997
₽83455
₽91017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 739
surtax
-
-
-
190
unemployment
-
-
-
5 901
chamber of commerce
-
-
-
918
health
-
-
-
8 598
pensions
-
-
-
20 795
total
-
-
-
112 141
Employee
48 086
38 344
191 207
-
other
480
383
1 125
-
unemployment
1 442
1 150
3 372
-
pensions
4 925
3 926
11 511
-
income
5 474
2 828
64 061
-
health
1 861
1 484
4 349
-
total
14 182
9 771
84 418
-
Employer
48 086
38 344
191 207
-
chamber of commerce
192
153
765
-
health
1 817
1 450
4 249
-
pensions
6 035
4 813
14 107
-
accident
624
498
1 461
-
unemployment
1 442
1 150
3 372
-
surtax
190
190
190
-
payroll
1 442
1 150
5 737
-
other
2 284
1 820
8 412
-
total
14 026
11 224
38 293
-
Corporate
167 388
179 930
187 555
-
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.

41 846
44 982
46 888
-
total
41 846
44 982
46 888
-
Dividends
125 541
134 948
-
-
withholding
34 525
37 110
-
-
total
34 525
37 110
-
-
Income
229 500
229 500
229 500
229 500
Total tax
104 579
103 087
169 599
112 141
After tax
124 921
126 413
59 901
117 359
Living cost
33 904
33 904
33 904
33 904
Free-cash
91 017
92 509
25 997
83 455

Estimated living cost  is ₽33904 per week

₽22612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90132
₽42367
₽64803
₽78715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
12 330
social contributions
-
-
-
23 989
national
-
-
-
93 296
total
-
-
-
129 615
Employee

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

68 826
-
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.

599
-
1 547
-
communal

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

3 590
-
9 272
-
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.

5 162
-
13 331
-
national
21 160
-
67 800
-
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.

3 234
-
8 355
-
total
33 745
-
100 305
-
Employer

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

68 826
-
177 755
-
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.

4 232
-
10 932
-
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.

6 099
-
15 749
-
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.

895
-
2 312
-
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.

1 004
-
2 595
-
surtax
7 804
-
20 158
-
total
20 034
-
51 746
-
Corporate
140 640
229 500
-
-
income
28 128
50 122
-
-
surtax
562
1 002
-
-
total
28 690
51 124
-
-
Dividends
111 950
178 376
-
-
withholding

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

33 234
53 162
-
-
total
33 234
53 162
-
-
Income
229 500
229 500
229 500
229 500
Total tax
115 703
104 286
152 051
129 615
After tax
113 797
125 214
77 449
99 885
Living cost
35 082
35 082
35 082
35 082
Free-cash
78 715
90 132
42 367
64 803

Estimated living cost  is ₽35082 per week

₽22598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3068
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.
₽8869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117506
₽89338
₽93375
₽110912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
accident
-
-
-
803
income
-
-
-
74 623
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
101 377
Employee
47 895
-
201 069
-
other
47
-
89
-
unemployment
743
-
1 382
-
pensions
2 251
-
4 192
-
income
10 106
-
71 320
-
total
13 147
-
76 983
-
Employer
47 895
-
201 069
-
pensions
11 302
-
21 047
-
accident
948
-
1 766
-
unemployment
2 635
-
4 904
-
other
382
-
714
-
total
15 267
-
28 431
-
Corporate
166 338
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.

24 951
34 424
-
-
total
24 951
34 424
-
-
Dividends
141 387
195 076
-
-
withholding
30 475
42 822
-
-
total
30 475
42 822
-
-
Income
229 500
229 500
229 500
229 500
Total tax
83 840
77 246
105 414
101 377
After tax
145 660
152 254
124 086
128 123
Living cost
34 748
34 748
34 748
34 748
Free-cash
110 912
117 506
89 338
93 375

Estimated living cost  is ₽34748 per week

₽25588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76537
₽63606
₽54532
₽63301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
14 505
accident
-
-
-
1 930
income
-
-
-
44 464
surtax
-
-
-
11 386
health
-
-
-
16 083
pensions
-
-
-
34 311
total
-
-
-
122 679
Employee
72 865
-
205 002
-
pensions
5 828
-
16 400
-
surtax
4 466
-
12 564
-
income
7 038
-
51 019
-
health
3 243
-
9 124
-
total
20 575
-
89 107
-
Employer
72 865
-
205 002
-
health
2 222
-
6 254
-
pensions
5 828
-
16 400
-
accident
656
-
1 844
-
total
8 706
-
24 498
-
Corporate
147 929
229 500
-
-
communal
9 986
15 491
-
-
income
22 189
34 424
-
-
surtax
1 554
2 410
-
-
total
33 729
52 325
-
-
Dividends
114 200
177 175
-
-
income
33 769
21 773
-
-
withholding
17 131
26 576
-
-
total
50 900
48 349
-
-
Income
229 500
229 500
229 500
229 500
Total tax
113 910
100 674
113 605
122 679
After tax
115 590
128 826
115 895
106 821
Living cost
52 289
52 289
52 289
52 289
Free-cash
63 301
76 537
63 606
54 532

Estimated living cost  is ₽52289 per week

₽39224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122744
₽80315
₽86198
₽119683
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 005
other
-
-
-
-
surtax
-
-
-
12 666
unemployment
-
-
-
219
health
-
-
-
9 117
pensions
-
-
-
25 683
total
-
-
-
121 690
Employee
32 403
-
202 469
-
other
-
-
-
-
unemployment
2 255
-
8 938
-
pensions
2 162
-
8 565
-
surtax
115
-
11 516
-
income
5 432
-
68 249
-
health
827
-
3 274
-
total
10 791
-
100 542
-
Employer
32 403
-
202 469
-
health
1 474
-
5 843
-
pensions
4 320
-
17 118
-
unemployment
1 028
-
4 070
-
other
-
-
-
-
total
6 822
-
27 031
-
Corporate
190 275
229 500
-
-
income
49 472
59 669
-
-
total
49 472
59 669
-
-
Dividends
140 804
169 831
-
-
withholding
21 120
25 475
-
-
total
21 120
25 475
-
-
Income
229 500
229 500
229 500
229 500
Total tax
88 205
85 144
127 573
121 690
After tax
141 295
144 356
101 927
107 810
Living cost
21 612
21 612
21 612
21 612
Free-cash
119 683
122 744
80 315
86 198

Estimated living cost  is ₽21612 per week

₽13048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94710
₽76671
₽84783
₽92575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 157
regional
-
-
-
3 682
municipal
-
-
-
1 452
national
-
-
-
65 507
total
-
-
-
118 798
Employee
53 374
-
229 500
-
municipal
283
-
1 331
-
national
8 456
-
59 067
-
regional
719
-
3 377
-
social contributions
17 998
-
63 135
-
total
27 456
-
126 910
-
Employer
53 374
-
229 500
-
total
-
-
-
-
Corporate
176 126
229 500
-
-
municipal
8 753
11 407
-
-
nationa
42 270
55 081
-
-
total
51 023
66 488
-
-
Dividends
125 103
163 013
-
-
withholding
32 527
42 383
-
-
total
32 527
42 383
-
-
Income
229 500
229 500
229 500
229 500
Total tax
111 006
108 871
126 910
118 798
After tax
118 494
120 629
102 590
110 702
Living cost
25 919
25 919
25 919
25 919
Free-cash
92 575
94 710
76 671
84 783

Estimated living cost  is ₽25919 per week

₽16119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128523
₽96597
₽106751
₽118003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 612
social contributions
-
-
-
34 435
solidarity contribution
-
-
-
3 231
health
-
-
-
30 983
total
-
-
-
93 261
Employee
43 365
-
183 503
-
solidarity contribution
-
-
2 320
-
social contributions
2 819
-
7 665
-
income
5 204
-
22 660
-
health
5 854
-
24 773
-
total
13 877
-
57 418
-
Employer
43 365
-
183 503
-
health
3 903
-
16 515
-
social contributions
10 841
-
29 482
-
total
14 744
-
45 997
-
Corporate
171 391
229 500
-
-
income
32 564
43 605
-
-
total
32 564
43 605
-
-
Dividends
138 827
185 895
-
-
withholding
20 824
27 884
-
-
total
20 824
27 884
-
-
Income
229 500
229 500
229 500
229 500
Total tax
82 009
71 489
103 415
93 261
After tax
147 491
158 011
126 085
136 239
Living cost
29 488
29 488
29 488
29 488
Free-cash
118 003
128 523
96 597
106 751

Estimated living cost  is ₽29488 per week

₽21929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95819
₽29248
₽86852
₽95338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 739
surtax
-
-
-
-
unemployment
-
-
-
5 901
chamber of commerce
-
-
-
918
health
-
-
-
8 598
pensions
-
-
-
20 795
total
-
-
-
111 951
Employee
42 060
38 344
191 386
-
other
420
383
1 125
-
unemployment
1 262
1 150
3 372
-
pensions
4 307
3 926
11 511
-
income
3 747
2 828
64 150
-
health
1 627
1 484
4 349
-
total
11 363
9 771
84 507
-
Employer
42 060
38 344
191 386
-
chamber of commerce
168
153
765
-
health
1 590
1 450
4 249
-
pensions
5 279
4 813
14 107
-
accident
546
498
1 461
-
unemployment
1 262
1 150
3 372
-
surtax
-
-
-
-
payroll
1 262
1 150
5 741
-
other
1 998
1 820
8 419
-
total
12 105
11 034
38 114
-
Corporate
175 336
180 120
187 734
-
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.

43 835
45 029
46 934
-
total
43 835
45 029
46 934
-
Dividends
131 501
135 091
-
-
withholding
36 162
37 150
-
-
total
36 162
37 150
-
-
Income
229 500
229 500
229 500
229 500
Total tax
103 465
102 984
169 555
111 951
After tax
126 035
126 516
59 945
117 549
Living cost
30 697
30 697
30 697
30 697
Free-cash
95 338
95 819
29 248
86 852

Estimated living cost  is ₽30697 per week

₽18414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽205746
₽171321
₽214926
₽203443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 349
-
229 500
-
income
3 070
-
45 900
-
total
3 070
-
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%.

214 151
229 500
-
-
total
-
-
-
-
Dividends
214 151
229 500
-
-
withholding
10 708
11 475
-
-
total
10 708
11 475
-
-
Income
229 500
229 500
229 500
229 500
Total tax
13 778
11 475
45 900
2 295
After tax
215 722
218 025
183 600
227 205
Living cost
12 279
12 279
12 279
12 279
Free-cash
203 443
205 746
171 321
214 926

Estimated living cost  is ₽12279 per week

₽8310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3042
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132203
₽74381
₽79364
₽124156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
59 488
unemployment
-
-
-
345
health
-
-
-
22 583
pensions
-
-
-
41 912
total
-
-
-
124 328
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.

42 548
-
198 582
-
unemployment
60
-
278
-
pensions
6 595
-
30 780
-
income
7 337
-
54 505
-
health
2 748
-
12 829
-
total
16 740
-
98 392
-
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.

42 548
-
198 582
-
health
2 834
-
13 225
-
pensions
3 765
-
17 575
-
unemployment
26
-
119
-
total
6 625
-
30 919
-
Corporate
180 328
229 500
-
-
income
34 262
43 605
-
-
total
34 262
43 605
-
-
Dividends
146 066
185 895
-
-
withholding
21 909
27 884
-
-
total
21 909
27 884
-
-
Income
229 500
229 500
229 500
229 500
Total tax
79 536
71 489
129 311
124 328
After tax
149 964
158 011
100 189
105 172
Living cost
25 808
25 808
25 808
25 808
Free-cash
124 156
132 203
74 381
79 364

Estimated living cost  is ₽25808 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98012
₽175196
₽116987
₽52135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
44 734
social contributions
-
-
-
26 163
total
-
-
-
70 897
Employee
59 671
-
-
-
social contributions
4 893
-
697
-
income
13 162
-
-
-
total
18 055
-
697
-
Employer
59 671
-
-
-
social contributions
84 136
-
11 991
-
total
84 136
-
11 991
-
Corporate
85 693
229 500
-
-
income
18 853
50 490
-
-
total
18 853
50 490
-
-
Dividends
66 841
179 010
-
-
income
14 705
39 382
-
-
total
14 705
39 382
-
-
Income
229 500
229 500
229 500
229 500
Total tax
135 749
89 872
12 688
70 897
After tax
93 751
139 628
216 812
158 603
Living cost
41 616
41 616
41 616
41 616
Free-cash
52 135
98 012
175 196
116 987

Estimated living cost  is ₽41616 per week

₽27002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
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.
₽10169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100358
₽70467
₽88877
₽99389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 500
income
-
-
-
30 691
surtax
-
-
-
-
social contributions

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

-
-
-
79 751
total
-
-
-
110 442
Employee
44 253
-
185 455
-
surtax
-
-
475
-
social contributions
4 868
-
20 399
-
income
9 205
-
63 933
-
total
14 073
-
84 807
-
Employer
44 253
-
185 455
-
social contributions
10 510
-
44 045
-
total
10 510
-
44 045
-
Corporate
174 737
229 500
-
-
income
36 696
48 195
-
-
surtax
-
-
-
-
total
36 696
48 195
-
-
Dividends
138 041
181 305
-
-
withholding
38 651
50 766
-
-
total
38 651
50 766
-
-
Income
229 500
229 500
229 500
229 500
Total tax
99 930
98 961
128 852
110 442
After tax
129 570
130 539
100 648
119 058
Living cost
30 181
30 181
30 181
30 181
Free-cash
99 389
100 358
70 467
88 877

Estimated living cost  is ₽30181 per week

₽22581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69197
₽70433
₽77985
₽75809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
44 612
other
-
-
-
7 114
surtax
-
-
-
-
social contributions
-
-
-
6 539
health
-
-
-
11 576
pensions
-
-
-
35 202
total
-
-
-
105 043
Employee
60 263
-
174 483
-
pensions
6 816
-
13 432
-
surtax
-
-
-
-
social contributions
1 716
-
4 970
-
income
5 258
-
39 176
-
total
13 790
-
57 578
-
Employer
60 263
-
174 483
-
health
4 218
-
17 683
-
pensions
9 902
-
22 383
-
unemployment
2 441
-
7 066
-
social contributions
181
-
524
-
other
2 080
-
7 361
-
total
18 822
-
55 017
-
Corporate
150 415
229 500
-
-
income
42 117
64 260
-
-
surtax
-
-
-
-
total
42 117
64 260
-
-
Dividends
108 298
165 240
-
-
surtax
-
-
-
-
social contributions
18 628
28 420
-
-
withholding
13 862
21 151
-
-
total
32 490
49 571
-
-
Income
229 500
229 500
229 500
229 500
Total tax
107 219
113 831
112 595
105 043
After tax
122 281
115 669
116 905
124 457
Living cost
46 472
46 472
46 472
46 472
Free-cash
75 809
69 197
70 433
77 985

Estimated living cost  is ₽46472 per week

₽31452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177627
₽144124
₽138029
₽174395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 058
social contributions
-
-
-
50 490
total
-
-
-
62 548
Employee
30 933
-
198 700
-
income
-
-
12 736
-
social contributions
2 010
-
12 917
-
total
2 010
-
25 653
-
Employer
30 933
-
198 700
-
social contributions
4 795
-
30 800
-
total
4 795
-
30 800
-
Corporate
193 772
229 500
-
-
income
19 377
22 950
-
-
total
19 377
22 950
-
-
Dividends
174 395
206 550
-
-
total
-
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
26 182
22 950
56 453
62 548
After tax
203 318
206 550
173 047
166 952
Living cost
28 923
28 923
28 923
28 923
Free-cash
174 395
177 627
144 124
138 029

Estimated living cost  is ₽28923 per week

₽18701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20194
₽20194
₽85606
₽11115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
49 596
national
-
-
-
28 907
pensions
-
-
-
833
total
-
-
-
97 629
Employee
195 275
195 275
195 275
-
municipal
41 583
41 583
41 583
-
labour market
15 600
15 600
15 600
-
pensions
278
278
278
-
national
23 856
23 856
23 856
-
total
81 317
81 317
81 317
-
Employer
195 275
195 275
195 275
-
national
23 898
23 898
23 898
-
labour market
15 622
15 622
15 622
-
pensions
555
555
555
-
municipal
41 649
41 649
41 649
-
total
81 724
81 724
81 724
-
Corporate
20 194
-
-
-
income
4 443
-
-
-
total
4 443
-
-
-
Dividends
15 751
-
-
-
withholding
4 636
-
-
-
total
4 636
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
172 120
163 041
163 041
97 629
After tax
57 380
66 459
66 459
131 871
Living cost
46 265
46 265
46 265
46 265
Free-cash
11 115
20 194
20 194
85 606

Estimated living cost  is ₽46265 per week

₽31665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽712
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2566
₽105527
₽135525
₽15345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
accident
-
-
-
246
income
-
-
-
66 023
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
72 820
Employee
33 278
-
210 092
-
pensions
3 747
-
7 446
-
income
4 565
-
51 907
-
health
3 811
-
24 056
-
total
12 123
-
83 409
-
Employer
33 278
-
210 092
-
pensions
5 411
-
10 753
-
accident
556
-
3 509
-
unemployment
815
-
5 147
-
total
6 782
-
19 409
-
Corporate
189 440
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.

170 496
206 550
-
-
total
170 496
206 550
-
-
Dividends
18 944
22 950
-
-
withholding
3 599
4 361
-
-
total
3 599
4 361
-
-
Income
229 500
229 500
229 500
229 500
Total tax
193 000
210 911
102 818
72 820
After tax
36 500
18 589
126 682
156 680
Living cost
21 155
21 155
21 155
21 155
Free-cash
15 345
-2 566
105 527
135 525

Estimated living cost  is ₽21155 per week

₽15398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103138
₽76077
₽102364
₽106112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 133
municipal
-
-
-
40 745
national
-
-
-
46 317
total
-
-
-
90 195
Employee
50 622
-
193 067
-
municipal
8 292
-
31 422
-
unemployment
760
-
2 896
-
pensions
3 416
-
13 032
-
national
836
-
30 130
-
health
378
-
2 571
-
total
13 682
-
80 051
-
Employer
50 622
-
193 067
-
health
389
-
1 486
-
pensions
8 783
-
33 497
-
accident
51
-
194
-
unemployment
329
-
1 254
-
total
9 552
-
36 431
-
Corporate
169 326
229 500
-
-
income
33 865
45 900
-
-
total
33 865
45 900
-
-
Dividends

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

101 596
137 700
-
-
municipal
18 287
24 787
-
-
national
11 061
18 734
-
-
total
29 348
43 521
-
-
Income
229 500
229 500
229 500
229 500
Total tax
86 447
89 421
116 482
90 195
After tax
143 053
140 079
113 018
139 305
Living cost
36 941
36 941
36 941
36 941
Free-cash
106 112
103 138
76 077
102 364

Estimated living cost  is ₽36941 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144950
₽129726
₽131580
₽139714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 223
social contributions
-
-
-
15 568
health
-
-
-
5 852
total
-
-
-
75 643
Employee
73 987
73 987
217 199
-
social contributions
2 797
6 141
8 282
-
income
8 056
6 849
53 222
-
health
573
1 258
3 692
-
total
11 426
14 248
65 196
-
Employer
73 987
73 987
217 199
-
health
623
1 369
4 019
-
social contributions
2 797
6 141
8 282
-
total
3 420
7 510
12 301
-
Corporate
192 376
148 003
-
-
income
24 047
18 500
-
-
total
24 047
18 500
-
-
Dividends
168 329
129 502
-
-
withholding
28 616
22 015
-
-
total
28 616
22 015
-
-
Income
229 500
229 500
229 500
229 500
Total tax
67 509
62 273
77 497
75 643
After tax
161 991
167 227
152 003
153 857
Living cost
22 277
22 277
22 277
22 277
Free-cash
139 714
144 950
129 726
131 580

Estimated living cost  is ₽22277 per week

₽13351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174772
₽161450
₽180749
₽169879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
23 845
unemployment
-
-
-
27
health
-
-
-
3 482
pensions
-
-
-
6 120
total
-
-
-
33 474
Employee

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

22 085
-
220 096
-
unemployment
110
-
456
-
pensions
3 312
-
13 694
-
income
1 510
-
21 460
-
health
1 877
-
7 760
-
total
6 809
-
43 370
-
Employer

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

22 085
-
220 096
-
health
949
-
3 926
-
pensions
1 214
-
5 021
-
unemployment
110
-
456
-
total
2 273
-
9 403
-
Corporate
205 141
229 500
-
-
income
18 462
20 655
-
-
total
18 462
20 655
-
-
Dividends
186 679
208 845
-
-
withholding
16 800
18 796
-
-
total
16 800
18 796
-
-
Income
229 500
229 500
229 500
229 500
Total tax
44 344
39 451
52 773
33 474
After tax
185 156
190 049
176 727
196 026
Living cost
15 277
15 277
15 277
15 277
Free-cash
169 879
174 772
161 450
180 749

Estimated living cost  is ₽15277 per week

₽9747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125795
₽97627
₽101664
₽121543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
accident
-
-
-
803
income
-
-
-
74 623
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
101 377
Employee
35 578
-
201 069
-
other
35
-
89
-
unemployment
551
-
1 382
-
pensions
1 673
-
4 192
-
income
6 859
-
71 320
-
total
9 118
-
76 983
-
Employer
35 578
-
201 069
-
pensions
8 396
-
21 047
-
accident
705
-
1 766
-
unemployment
1 957
-
4 904
-
other
285
-
714
-
total
11 343
-
28 431
-
Corporate
182 580
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.

27 387
34 424
-
-
total
27 387
34 424
-
-
Dividends
155 193
195 076
-
-
withholding
33 650
42 822
-
-
total
33 650
42 822
-
-
Income
229 500
229 500
229 500
229 500
Total tax
81 498
77 246
105 414
101 377
After tax
148 002
152 254
124 086
128 123
Living cost
26 459
26 459
26 459
26 459
Free-cash
121 543
125 795
97 627
101 664

Estimated living cost  is ₽26459 per week

₽17859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141338
₽146074
₽146207
₽141032
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
79 070
health
-
-
-
989
pensions
-
-
-
1 364
total
-
-
-
81 423
Employee
2 848
-
227 965
-
unemployment
28
-
68
-
pensions
256
-
614
-
income
551
-
78 999
-
health
142
-
341
-
total
977
-
80 022
-
Employer
2 848
-
227 965
-
health
271
-
648
-
pensions
313
-
750
-
unemployment
57
-
136
-
total
641
-
1 534
-
Corporate
226 011
229 500
-
-
income
49 722
50 490
-
-
total
49 722
50 490
-
-
Dividends
176 289
179 010
-
-
withholding
35 258
35 802
-
-
total
35 258
35 802
-
-
Income
229 500
229 500
229 500
229 500
Total tax
86 598
86 292
81 556
81 423
After tax
142 902
143 208
147 944
148 077
Living cost
1 870
1 870
1 870
1 870
Free-cash
141 032
141 338
146 074
146 207

Estimated living cost  is ₽1870 per week

₽1111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149181
₽132643
₽132642
₽144449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
53 358
unemployment
-
-
-
1 066
health
-
-
-
7 321
pensions
-
-
-
18 480
total
-
-
-
80 225
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.

25 081
-
216 777
-
unemployment
188
-
533
-
pensions
3 511
-
9 951
-
income
3 457
-
53 358
-
health
1 292
-
3 660
-
total
8 448
-
67 502
-
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.

25 081
-
216 777
-
health
1 292
-
3 660
-
pensions
3 010
-
8 529
-
unemployment
188
-
533
-
total
4 490
-
12 722
-
Corporate
199 930
229 500
-
-
income
29 989
34 425
-
-
total
29 989
34 425
-
-
Dividends
169 940
195 075
-
-
withholding
25 491
29 261
-
-
total
25 491
29 261
-
-
Income
229 500
229 500
229 500
229 500
Total tax
68 418
63 686
80 224
80 225
After tax
161 082
165 814
149 276
149 275
Living cost
16 633
16 633
16 633
16 633
Free-cash
144 449
149 181
132 643
132 642

Estimated living cost  is ₽16633 per week

₽11199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104599
₽74708
₽93118
₽104253
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 500
income
-
-
-
30 691
surtax
-
-
-
-
social contributions

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

-
-
-
79 751
total
-
-
-
110 442
Employee
37 344
-
185 455
-
surtax
-
-
475
-
social contributions
4 108
-
20 399
-
income
7 297
-
63 933
-
total
11 405
-
84 807
-
Employer
37 344
-
185 455
-
social contributions
8 869
-
44 045
-
total
8 869
-
44 045
-
Corporate
183 287
229 500
-
-
income
38 490
48 195
-
-
surtax
-
-
-
-
total
38 490
48 195
-
-
Dividends
144 797
181 305
-
-
withholding
40 543
50 766
-
-
total
40 543
50 766
-
-
Income
229 500
229 500
229 500
229 500
Total tax
99 307
98 961
128 852
110 442
After tax
130 193
130 539
100 648
119 058
Living cost
25 940
25 940
25 940
25 940
Free-cash
104 253
104 599
74 708
93 118

Estimated living cost  is ₽25940 per week

₽18372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
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.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118439
₽90271
₽94308
₽112142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
accident
-
-
-
803
income
-
-
-
74 623
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
101 377
Employee
46 469
-
201 069
-
other
46
-
89
-
unemployment
719
-
1 382
-
pensions
2 184
-
4 192
-
income
9 706
-
71 320
-
total
12 655
-
76 983
-
Employer
46 469
-
201 069
-
pensions
10 966
-
21 047
-
accident
920
-
1 766
-
unemployment
2 556
-
4 904
-
other
372
-
714
-
total
14 814
-
28 431
-
Corporate
168 215
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.

25 232
34 424
-
-
total
25 232
34 424
-
-
Dividends
142 983
195 076
-
-
withholding
30 842
42 822
-
-
total
30 842
42 822
-
-
Income
229 500
229 500
229 500
229 500
Total tax
83 543
77 246
105 414
101 377
After tax
145 957
152 254
124 086
128 123
Living cost
33 815
33 815
33 815
33 815
Free-cash
112 142
118 439
90 271
94 308

Estimated living cost  is ₽33815 per week

₽24285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽179682
₽179217
₽169568
₽173821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
34 425
unemployment
-
-
-
134
health
-
-
-
3 862
pensions

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

-
-
-
4 971
total
-
-
-
43 392
Employee
21 902
-
222 911
-
accident

We are using the highest rate at 1.1%.

241
-
369
-
pensions

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

1 923
-
2 949
-
income
2 191
-
22 291
-
health
1 008
-
1 545
-
total
5 363
-
27 154
-
Employer
21 902
-
222 911
-
health
1 511
-
2 317
-
pensions

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

2 414
-
3 701
-
accident

We are using the highest rate at 1.1%.

241
-
369
-
unemployment
132
-
202
-
total
4 298
-
6 589
-
Corporate
203 301
229 500
-
-
income
20 330
22 950
-
-
total
20 330
22 950
-
-
Dividends
182 971
206 550
-
-
withholding
9 148
10 328
-
-
total
9 148
10 328
-
-
Income
229 500
229 500
229 500
229 500
Total tax
39 139
33 278
33 743
43 392
After tax
190 361
196 222
195 757
186 108
Living cost
16 540
16 540
16 540
16 540
Free-cash
173 821
179 682
179 217
169 568

Estimated living cost  is ₽16540 per week

₽10940
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.
₽4260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80869
₽103917
₽77403
₽93452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
77 596
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.

-
-
-
4 267
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.

-
-
-
6 573
trade
-
-
-
26 514
total
-
-
-
114 950
Employee

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

47 875
-
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.

217
-
4 267
-
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.

3 937
-
77 596
-
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.

6 573
-
6 573
-
total
10 727
-
88 436
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 625
229 500
-
-
income
27 245
34 424
-
-
surtax

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

1 499
1 893
-
-
chamber of commerce
413
482
-
-
trade
26 063
32 932
-
-
total
55 220
69 731
-
-
Dividends
126 406
159 768
-
-
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.

1 718
2 176
-
-
withholding
31 236
39 577
-
-
total
32 954
41 753
-
-
Income
229 500
229 500
229 500
229 500
Total tax
98 901
111 484
88 436
114 950
After tax
130 599
118 016
141 064
114 550
Living cost
37 147
37 147
37 147
37 147
Free-cash
93 452
80 869
103 917
77 403

Estimated living cost  is ₽37147 per week

₽25625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105840
₽59114
₽59114
₽107964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 896
social contributions
-
-
-
39 680
total
-
-
-
115 576
Employee
75 264
-
229 500
-
income
14 202
-
75 896
-
social contributions
6 253
-
39 680
-
total
20 455
-
115 576
-
Employer
75 264
-
229 500
-
total
-
-
-
-
Corporate
154 236
229 500
-
-
income
19 280
28 687
-
-
total
19 280
28 687
-
-
Dividends
134 956
200 813
-
-
withholding
26 991
40 163
-
-
total
26 991
40 163
-
-
Income
229 500
229 500
229 500
229 500
Total tax
66 726
68 850
115 576
115 576
After tax
162 774
160 650
113 924
113 924
Living cost
54 810
54 810
54 810
54 810
Free-cash
107 964
105 840
59 114
59 114

Estimated living cost  is ₽54810 per week

₽41699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109166
₽124589
₽154259
₽112529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 424
health

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

-
-
-
5 890
total
-
-
-
40 314
Employee
44 139
-
225 074
-
income
4 789
-
61 132
-
social contributions
4 422
-
4 426
-
total
9 211
-
65 558
-
Employer
44 139
-
225 074
-
social contributions
4 422
-
4 426
-
total
4 422
-
4 426
-
Corporate
180 938
229 500
-
-
income
63 328
80 324
-
-
total
63 328
80 324
-
-
Dividends
117 610
149 176
-
-
social contributions
5 083
5 083
-
-
total
5 083
5 083
-
-
Income
229 500
229 500
229 500
229 500
Total tax
82 044
85 407
69 984
40 314
After tax
147 456
144 093
159 516
189 186
Living cost
34 927
34 927
34 927
34 927
Free-cash
112 529
109 166
124 589
154 259

Estimated living cost  is ₽34927 per week

₽23007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108220
₽91779
₽112208
₽113853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 176
pensions
-
-
-
9 795
total
-
-
-
81 971
Employee
48 483
-
199 907
-
pensions
3 700
-
11 594
-
income
8 829
-
58 555
-
health
632
-
2 658
-
total
13 161
-
72 807
-
Employer
48 483
-
199 907
-
health
921
-
3 799
-
pensions
4 898
-
25 794
-
total
5 819
-
29 593
-
Corporate
175 198
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.

33 287
43 605
-
-
total
33 287
43 605
-
-
Dividends
141 911
185 895
-
-
withholding
28 059
42 354
-
-
total
28 059
42 354
-
-
Income
229 500
229 500
229 500
229 500
Total tax
80 326
85 959
102 400
81 971
After tax
149 174
143 541
127 100
147 529
Living cost
35 321
35 321
35 321
35 321
Free-cash
113 853
108 220
91 779
112 208

Estimated living cost  is ₽35321 per week

₽24230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4660
₽103433
₽133431
₽15024
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
accident
-
-
-
246
income
-
-
-
66 023
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
72 820
Employee
36 572
-
210 092
-
pensions
4 118
-
7 446
-
income
5 017
-
51 907
-
health
4 187
-
24 056
-
total
13 322
-
83 409
-
Employer
36 572
-
210 092
-
pensions
5 946
-
10 753
-
accident
611
-
3 509
-
unemployment
896
-
5 147
-
total
7 453
-
19 409
-
Corporate
185 475
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.

166 928
206 550
-
-
total
166 928
206 550
-
-
Dividends
18 547
22 950
-
-
withholding
3 524
4 361
-
-
total
3 524
4 361
-
-
Income
229 500
229 500
229 500
229 500
Total tax
191 227
210 911
102 818
72 820
After tax
38 273
18 589
126 682
156 680
Living cost
23 249
23 249
23 249
23 249
Free-cash
15 024
-4 660
103 433
133 431

Estimated living cost  is ₽23249 per week

₽17062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162594
₽156654
₽135533
₽159687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 751
unemployment
-
-
-
1 843
work injury
-
-
-
768
health insurance
-
-
-
11 367
pensions
-
-
-
28 264
total
-
-
-
80 993
Employee

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

20 758
-
229 500
-
health insurance
1 536
-
5 683
-
unemployment
249
-
922
-
work injury
104
-
384
-
pensions
3 820
-
14 132
-
income
2 076
-
38 751
-
total
7 785
-
59 872
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
208 742
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%.

20 874
22 950
-
-
total
20 874
22 950
-
-
Dividends
187 867
206 550
-
-
withholding
28 180
30 982
-
-
total
28 180
30 982
-
-
Income
229 500
229 500
229 500
229 500
Total tax
56 839
53 932
59 872
80 993
After tax
172 661
175 568
169 628
148 507
Living cost
12 974
12 974
12 974
12 974
Free-cash
159 687
162 594
156 654
135 533

Estimated living cost  is ₽12974 per week

₽8038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82554
₽62251
₽70155
₽78178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 157
regional
-
-
-
5 718
municipal
-
-
-
1 632
national
-
-
-
65 507
total
-
-
-
121 014
Employee
81 080
-
229 500
-
municipal
484
-
1 497
-
national
13 702
-
59 067
-
regional
1 224
-
5 219
-
social contributions
27 340
-
63 135
-
total
42 750
-
128 918
-
Employer
81 080
-
229 500
-
total
-
-
-
-
Corporate
148 420
229 500
-
-
municipal
7 154
11 061
-
-
nationa
35 620
55 081
-
-
total
42 774
66 142
-
-
Dividends
105 646
163 358
-
-
withholding
27 467
42 473
-
-
total
27 467
42 473
-
-
Income
229 500
229 500
229 500
229 500
Total tax
112 991
108 615
128 918
121 014
After tax
116 509
120 885
100 582
108 486
Living cost
38 331
38 331
38 331
38 331
Free-cash
78 178
82 554
62 251
70 155

Estimated living cost  is ₽38331 per week

₽26925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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