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
₽97357
₽86832
₽112098
₽82918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 500
trade
-
-
-
29 180
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.

-
-
-
77 806
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.

-
-
-
6 500
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.

-
-
-
4 279
total
-
-
-
117 765
Employee

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

36 389
-
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.

56
-
4 279
-
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.

6 500
-
6 500
-
income

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

1 016
-
77 806
-
total
7 572
-
88 585
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 111
229 500
-
-
trade
30 415
36 147
-
-
income
28 967
34 425
-
-
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.

1 592
1 894
-
-
chamber of commerce
422
475
-
-
total
61 396
72 941
-
-
Dividends
131 714
156 559
-
-
withholding
32 567
38 778
-
-
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.

1 791
2 132
-
-
total
34 358
40 910
-
-
Income
229 500
229 500
229 500
229 500
Total tax
103 326
113 851
88 585
117 765
After tax
126 174
115 649
140 915
111 735
Living cost
28 817
28 817
28 817
28 817
Free-cash
97 357
86 832
112 098
82 918

Estimated living cost  is ₽28817 per week

₽18127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93648
₽94459
₽82266
₽81034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
social contributions
-
-
-
2 467
pensions
-
-
-
27 540
municipal
-
-
-
25 567
national
-
-
-
44 143
total
-
-
-
99 717
Employee
75 570
-
198 401
-
national
14 464
-
46 088
-
municipal
9 334
-
26 456
-
pensions
3 023
-
7 936
-
total
26 821
-
80 480
-
Employer
75 570
-
198 401
-
pensions
6 046
-
15 872
-
social contributions
812
-
2 133
-
total
6 858
-
18 005
-
Corporate
142 085
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%.

28 417
45 900
-
-
total
28 417
45 900
-
-
Dividends
113 668
183 600
-
-
withholding
25 007
40 392
-
-
total
25 007
40 392
-
-
Income
229 500
229 500
229 500
229 500
Total tax
87 103
86 292
98 485
99 717
After tax
142 397
143 208
131 015
129 783
Living cost
48 749
48 749
48 749
48 749
Free-cash
93 648
94 459
82 266
81 034

Estimated living cost  is ₽48749 per week

₽33134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽730
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156004
₽163807
₽80801
₽64724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
229 500
social contributions

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

-
-
-
36 452
income
-
-
-
50 009
microenterprise
-
-
-
-
surtax
-
-
-
58 522
total
-
-
-
144 983
Employee
27 800
-
182 148
-
surtax
-
-
26 412
-
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.

3 058
-
12 472
-
income
4 949
-
42 670
-
total
8 007
-
81 554
-
Employer
27 800
-
182 148
-
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.

6 696
-
27 315
-
surtax
-
-
20 037
-
total
6 696
-
47 352
-
Corporate
195 003
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%.

39 000
45 900
-
-
total
39 000
45 900
-
-
Dividends

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

156 003
183 600
-
-
total
-
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
53 703
45 900
128 906
144 983
After tax
175 797
183 600
100 594
84 517
Living cost
19 793
19 793
19 793
19 793
Free-cash
156 004
163 807
80 801
64 724

Estimated living cost  is ₽19793 per week

₽12627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68864
₽74691
₽106894
₽82540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84 226
pensions
-
-
-
11 147
health
-
-
-
11 732
total
-
-
-
107 105
Employee
81 246
81 246
211 819
-
health
12 470
10 607
11 732
-
pensions
14 624
11 147
11 147
-
income

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

13 299
13 299
42 191
-
total
40 393
35 053
65 070
-
Employer
81 246
81 246
211 819
-
pensions
5 655
5 655
7 029
-
unemployment
2 925
2 925
3 634
-
health
5 647
5 647
7 018
-
total
14 227
14 227
17 681
-
Corporate
135 024
134 027
-
-
income
27 004
26 806
-
-
total
27 004
26 806
-
-
Dividends
108 020
107 222
-
-
withholding
16 202
16 083
-
-
income
22 955
22 785
-
-
total
39 157
38 868
-
-
Income
229 500
229 500
229 500
229 500
Total tax
120 781
114 954
82 751
107 105
After tax
108 719
114 546
146 749
122 395
Living cost
39 855
39 855
39 855
39 855
Free-cash
68 864
74 691
106 894
82 540

Estimated living cost  is ₽39855 per week

₽28245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85169
₽86051
₽74172
₽75125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 997
unemployment
-
-
-
86
pensions
-
-
-
9 300
municipal
-
-
-
61 004
accident
-
-
-
172
national
-
-
-
29 192
health
-
-
-
5 368
total
-
-
-
115 119
Employee
55 936
-
202 468
-
national
-
-
28 665
-
municipal
16 680
-
60 376
-
total
16 680
-
89 041
-
Employer
55 936
-
202 468
-
other
6 500
-
9 997
-
accident
112
-
172
-
pensions
6 047
-
9 300
-
unemployment
1 477
-
2 271
-
health
3 440
-
5 291
-
total
17 576
-
27 031
-
Corporate
155 989
229 500
-
-
income
34 318
50 490
-
-
total
34 318
50 490
-
-
Dividends
121 672
179 010
-
-
withholding
36 501
53 703
-
-
total
36 501
53 703
-
-
Income
229 500
229 500
229 500
229 500
Total tax
105 075
104 193
116 072
115 119
After tax
124 425
125 307
113 428
114 381
Living cost
39 256
39 256
39 256
39 256
Free-cash
85 169
86 051
74 172
75 125

Estimated living cost  is ₽39256 per week

₽26017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90462
₽77093
₽103540
₽73064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 500
trade
-
-
-
30 476
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.

-
-
-
77 806
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.

-
-
-
6 500
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.

-
-
-
4 279
total
-
-
-
119 061
Employee

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

48 247
-
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.

227
-
4 279
-
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.

6 500
-
6 500
-
income

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

4 145
-
77 806
-
total
10 872
-
88 585
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 253
229 500
-
-
trade
29 815
37 752
-
-
income
27 188
34 425
-
-
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.

1 495
1 894
-
-
chamber of commerce
403
471
-
-
total
58 901
74 542
-
-
Dividends
122 351
154 958
-
-
withholding
30 227
38 379
-
-
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.

1 663
2 111
-
-
total
31 890
40 490
-
-
Income
229 500
229 500
229 500
229 500
Total tax
101 663
115 032
88 585
119 061
After tax
127 837
114 468
140 915
110 439
Living cost
37 375
37 375
37 375
37 375
Free-cash
90 462
77 093
103 540
73 064

Estimated living cost  is ₽37375 per week

₽24997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
₽132416
₽136362
₽121052
₽122905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
social contributions
-
-
-
15 393
income
-
-
-
54 492
health
-
-
-
5 851
total
-
-
-
75 736
Employee
73 158
73 158
217 290
-
health
728
1 244
3 694
-
social contributions
3 555
6 072
8 190
-
income
7 682
6 772
53 494
-
total
11 965
14 088
65 378
-
Employer
73 158
73 158
217 290
-
social contributions
3 555
6 072
8 190
-
health
793
1 354
4 021
-
total
4 348
7 426
12 211
-
Corporate
182 329
148 916
-
-
income
22 790
18 614
-
-
total
22 790
18 614
-
-
Dividends
159 539
130 302
-
-
withholding
27 122
22 151
-
-
total
27 122
22 151
-
-
Income
229 500
229 500
229 500
229 500
Total tax
66 225
62 279
77 589
75 736
After tax
163 275
167 221
151 911
153 764
Living cost
30 859
30 859
30 859
30 859
Free-cash
132 416
136 362
121 052
122 905

Estimated living cost  is ₽30859 per week

₽21095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111670
₽111307
₽115553
₽141497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 246
10 047
192 050
-
unemployment
379
151
2 881
-
health
1 767
703
13 444
-
pensions
2 525
1 005
19 205
-
income
3 086
1 228
23 478
-
total
7 757
3 087
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.

25 246
10 047
192 050
-
pensions
4 923
1 959
37 450
-
total
4 923
1 959
37 450
-
Corporate
199 331
217 493
-
-
income
17 940
19 574
-
-
total
17 940
19 574
-
-
Dividends
181 392
197 919
-
-
withholding
34 464
37 605
-
-
social contributions
35 257
38 479
-
-
total
69 721
76 084
-
-
Income
229 500
229 500
229 500
229 500
Total tax
100 341
100 704
96 458
70 514
After tax
129 159
128 796
133 042
158 986
Living cost
17 489
17 489
17 489
17 489
Free-cash
111 670
111 307
115 553
141 497

Estimated living cost  is ₽17489 per week

₽11935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154709
₽160620
₽109304
₽100033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
45 900
health
-
-
-
29 835
total
-
-
-
106 487
Employee
26 990
-
171 523
-
unemployment
432
-
2 744
-
pensions
540
-
3 430
-
income
3 039
-
33 069
-
total
4 011
-
39 243
-
Employer
26 990
-
171 523
-
pensions
5 398
-
34 304
-
unemployment
217
-
1 372
-
health
3 508
-
22 297
-
total
9 123
-
57 973
-
Corporate
193 387
229 500
-
-
income
38 677
45 900
-
-
total
38 677
45 900
-
-
Dividends
154 711
183 600
-
-
total
-
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
51 811
45 900
97 216
106 487
After tax
177 689
183 600
132 284
123 013
Living cost
22 980
22 980
22 980
22 980
Free-cash
154 709
160 620
109 304
100 033

Estimated living cost  is ₽22980 per week

₽15762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15301
-₽2850
₽105253
₽135239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
361
income
-
-
-
66 034
pensions
-
-
-
4 055
accident
-
-
-
246
health
-
-
-
2 125
total
-
-
-
72 821
Employee
33 727
-
210 107
-
health
3 862
-
24 057
-
pensions
3 798
-
7 435
-
income
4 627
-
51 922
-
total
12 287
-
83 414
-
Employer
33 727
-
210 107
-
accident
563
-
3 509
-
pensions
5 484
-
10 737
-
unemployment
826
-
5 147
-
total
6 873
-
19 393
-
Corporate
188 900
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.

170 010
206 550
-
-
total
170 010
206 550
-
-
Dividends
18 890
22 950
-
-
withholding
3 589
4 360
-
-
total
3 589
4 360
-
-
Income
229 500
229 500
229 500
229 500
Total tax
192 759
210 910
102 807
72 821
After tax
36 741
18 590
126 693
156 679
Living cost
21 440
21 440
21 440
21 440
Free-cash
15 301
-2 850
105 253
135 239

Estimated living cost  is ₽21440 per week

₽15714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽208794
₽210251
₽175826
₽219431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 718
-
229 500
-
income
1 943
-
45 900
-
total
1 943
-
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%.

219 782
229 500
-
-
total
-
-
-
-
Dividends
219 782
229 500
-
-
withholding
10 989
11 475
-
-
total
10 989
11 475
-
-
Income
229 500
229 500
229 500
229 500
Total tax
12 932
11 475
45 900
2 295
After tax
216 568
218 025
183 600
227 205
Living cost
7 774
7 774
7 774
7 774
Free-cash
208 794
210 251
175 826
219 431

Estimated living cost  is ₽7774 per week

₽4818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136837
₽143263
₽112969
₽114828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 872
income
-
-
-
41 360
pensions

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

-
-
-
34 723
health
-
-
-
6 366
total
-
-
-
89 321
Employee
34 544
-
192 658
-
unemployment
345
-
1 446
-
health
484
-
2 026
-
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.

2 418
-
10 127
-
income
5 947
-
40 738
-
total
9 194
-
54 337
-
Employer
34 544
-
192 658
-
other
1 728
-
7 233
-
accident
276
-
1 542
-
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.

5 873
-
24 596
-
unemployment
345
-
1 446
-
health
484
-
2 026
-
total
8 706
-
36 843
-
Corporate
186 250
229 500
-
-
income
39 112
48 195
-
-
total
39 112
48 195
-
-
Dividends
147 138
181 305
-
-
withholding
10 300
12 691
-
-
total
10 300
12 691
-
-
Income
229 500
229 500
229 500
229 500
Total tax
67 312
60 886
91 180
89 321
After tax
162 188
168 614
138 320
140 179
Living cost
25 351
25 351
25 351
25 351
Free-cash
136 837
143 263
112 969
114 828

Estimated living cost  is ₽25351 per week

₽17912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88295
₽80780
₽64456
₽84867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 501
pensions
-
-
-
9 700
total
-
-
-
82 201
Employee
88 332
-
199 879
-
health
1 456
-
2 644
-
pensions
8 522
-
11 456
-
income
15 923
-
58 893
-
total
25 901
-
72 993
-
Employer
88 332
-
199 879
-
pensions
10 430
-
25 822
-
health
1 678
-
3 797
-
total
12 108
-
29 619
-
Corporate
129 061
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.

24 521
43 605
-
-
total
24 521
43 605
-
-
Dividends
104 540
185 895
-
-
withholding
16 243
42 683
-
-
total
16 243
42 683
-
-
Income
229 500
229 500
229 500
229 500
Total tax
78 773
86 288
102 612
82 201
After tax
150 727
143 212
126 888
147 299
Living cost
62 432
62 432
62 432
62 432
Free-cash
88 295
80 780
64 456
84 867

Estimated living cost  is ₽62432 per week

₽46782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽179320
₽183742
₽183381
₽173716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
unemployment
-
-
-
133
income
-
-
-
34 425
pensions

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

-
-
-
4 921
health
-
-
-
3 824
total
-
-
-
43 303
Employee
16 527
-
222 976
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
health
760
-
1 530
-
pensions

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

1 451
-
2 920
-
income
1 652
-
22 298
-
total
4 045
-
27 114
-
Employer
16 527
-
222 976
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
pensions

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

1 821
-
3 664
-
unemployment
99
-
200
-
health
1 141
-
2 294
-
total
3 243
-
6 524
-
Corporate
209 730
229 500
-
-
income
20 973
22 950
-
-
total
20 973
22 950
-
-
Dividends
188 757
206 550
-
-
withholding
9 438
10 327
-
-
total
9 438
10 327
-
-
Income
229 500
229 500
229 500
229 500
Total tax
37 699
33 277
33 638
43 303
After tax
191 801
196 223
195 862
186 197
Living cost
12 481
12 481
12 481
12 481
Free-cash
179 320
183 742
183 381
173 716

Estimated living cost  is ₽12481 per week

₽7287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and 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 Varna model

Close
Amsterdam , Netherlands
₽64180
₽61789
₽93992
₽69638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84 226
pensions
-
-
-
11 147
health
-
-
-
11 732
total
-
-
-
107 105
Employee
88 207
81 246
211 819
-
health
11 004
10 607
11 732
-
pensions
11 147
11 147
11 147
-
income

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

13 299
13 299
42 191
-
total
35 450
35 053
65 070
-
Employer
88 207
81 246
211 819
-
pensions
6 139
5 655
7 029
-
unemployment
3 176
2 925
3 634
-
health
6 130
5 647
7 018
-
total
15 445
14 227
17 681
-
Corporate
125 849
134 027
-
-
income
25 170
26 806
-
-
total
25 170
26 806
-
-
Dividends
100 679
107 222
-
-
withholding
15 103
16 083
-
-
income
21 395
22 785
-
-
total
36 498
38 868
-
-
Income
229 500
229 500
229 500
229 500
Total tax
112 563
114 954
82 751
107 105
After tax
116 937
114 546
146 749
122 395
Living cost
52 757
52 757
52 757
52 757
Free-cash
64 180
61 789
93 992
69 638

Estimated living cost  is ₽52757 per week

₽38917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126039
₽134446
₽102765
₽112958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 909
income
-
-
-
24 691
health
-
-
-
30 983
solidarity contribution
-
-
-
3 394
total
-
-
-
92 977
Employee
34 654
-
183 916
-
solidarity contribution
-
-
2 479
-
health
4 678
-
24 829
-
social contributions
2 253
-
7 548
-
income
4 158
-
22 731
-
total
11 089
-
57 587
-
Employer
34 654
-
183 916
-
social contributions
8 664
-
29 031
-
health
3 119
-
16 552
-
total
11 783
-
45 583
-
Corporate
183 064
229 500
-
-
income
34 782
43 605
-
-
total
34 782
43 605
-
-
Dividends
148 282
185 895
-
-
withholding
22 242
27 884
-
-
total
22 242
27 884
-
-
Income
229 500
229 500
229 500
229 500
Total tax
79 896
71 489
103 170
92 977
After tax
149 604
158 011
126 330
136 523
Living cost
23 565
23 565
23 565
23 565
Free-cash
126 039
134 446
102 765
112 958

Estimated living cost  is ₽23565 per week

₽16368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77332
₽82303
₽63363
₽71428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 976
social contributions
-
-
-
47 617
municipal
-
-
-
1 455
national
-
-
-
65 878
total
-
-
-
117 926
Employee
84 555
-
229 500
-
national
14 651
-
59 510
-
regional
798
-
2 718
-
municipal
448
-
1 336
-
social contributions
28 512
-
62 427
-
total
44 409
-
125 991
-
Employer
84 555
-
229 500
-
total
-
-
-
-
Corporate
144 945
229 500
-
-
nationa
34 788
55 079
-
-
municipal
5 653
8 950
-
-
total
40 441
64 029
-
-
Dividends
104 505
165 471
-
-
withholding
27 172
43 022
-
-
total
27 172
43 022
-
-
Income
229 500
229 500
229 500
229 500
Total tax
112 022
107 051
125 991
117 926
After tax
117 478
122 449
103 509
111 574
Living cost
40 146
40 146
40 146
40 146
Free-cash
77 332
82 303
63 363
71 428

Estimated living cost  is ₽40146 per week

₽27985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽120401
₽123361
₽80975
₽86789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
74 333
pensions
-
-
-
25 396
health
-
-
-
9 015
surtax
-
-
-
12 756
total
-
-
-
121 717
Employee
31 462
-
202 772
-
surtax
103
-
11 618
-
unemployment
2 190
-
8 838
-
other
-
-
-
-
health
803
-
3 237
-
pensions
2 098
-
8 469
-
income
5 274
-
68 642
-
total
10 468
-
100 804
-
Employer
31 462
-
202 772
-
other
-
-
-
-
pensions
4 194
-
16 926
-
unemployment
997
-
4 024
-
health
1 432
-
5 777
-
total
6 623
-
26 727
-
Corporate
191 415
229 500
-
-
income
49 767
59 670
-
-
total
49 767
59 670
-
-
Dividends
141 648
169 830
-
-
withholding
21 247
25 475
-
-
total
21 247
25 475
-
-
Income
229 500
229 500
229 500
229 500
Total tax
88 105
85 145
127 531
121 717
After tax
141 395
144 355
101 969
107 783
Living cost
20 994
20 994
20 994
20 994
Free-cash
120 401
123 361
80 975
86 789

Estimated living cost  is ₽20994 per week

₽12837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106724
₽100560
₽84236
₽104647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 501
pensions
-
-
-
9 700
total
-
-
-
82 201
Employee
59 198
-
199 879
-
health
859
-
2 644
-
pensions
5 025
-
11 456
-
income
10 662
-
58 893
-
total
16 546
-
72 993
-
Employer
59 198
-
199 879
-
pensions
6 408
-
25 822
-
health
1 125
-
3 797
-
total
7 533
-
29 619
-
Corporate
162 769
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.

30 927
43 605
-
-
total
30 927
43 605
-
-
Dividends
131 843
185 895
-
-
withholding
25 118
42 683
-
-
total
25 118
42 683
-
-
Income
229 500
229 500
229 500
229 500
Total tax
80 124
86 288
102 612
82 201
After tax
149 376
143 212
126 888
147 299
Living cost
42 652
42 652
42 652
42 652
Free-cash
106 724
100 560
84 236
104 647

Estimated living cost  is ₽42652 per week

₽31955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3197
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7054
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽61790
₽29521
₽98138
₽106122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
other

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

-
-
-
4 589
city
-
-
-
2 420
regional
-
-
-
13 057
pensions
-
-
-
21 115
national
-
-
-
6 255
health
-
-
-
517
total
-
-
-
47 953
Employee
88 267
-
206 757
-
national
418
-
5 201
-
unemployment
-
-
-
-
city
947
-
2 239
-
regional
2 890
-
11 695
-
health
200
-
465
-
pensions
7 416
-
15 868
-
total
11 871
-
35 468
-
Employer
88 267
-
206 757
-
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.

1 765
-
4 136
-
pensions
7 416
-
15 868
-
unemployment
-
-
-
-
health
200
-
465
-
total
9 381
-
20 469
-
Corporate
130 883
229 500
-
-
regional
27 683
48 538
-
-
national
11 125
19 508
-
-
total
38 808
68 046
-
-
Dividends
92 075
161 454
-
-
withholding
32 225
56 508
-
-
total
32 225
56 508
-
-
Income
229 500
229 500
229 500
229 500
Total tax
92 285
124 554
55 937
47 953
After tax
137 215
104 946
173 563
181 547
Living cost
75 425
75 425
75 425
75 425
Free-cash
61 790
29 521
98 138
106 122

Estimated living cost  is ₽75425 per week

₽49048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽926
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽85132
₽69703
₽97331
₽65559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 500
trade
-
-
-
31 772
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.

-
-
-
77 806
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.

-
-
-
6 500
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.

-
-
-
4 279
total
-
-
-
120 357
Employee

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

57 177
-
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.

370
-
4 279
-
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.

6 500
-
6 500
-
income

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

6 724
-
77 806
-
total
13 594
-
88 585
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 323
229 500
-
-
trade
29 554
39 359
-
-
income
25 849
34 425
-
-
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.

1 421
1 894
-
-
chamber of commerce
386
468
-
-
total
57 210
76 146
-
-
Dividends
115 113
153 355
-
-
withholding
28 416
37 978
-
-
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.

1 564
2 089
-
-
total
29 980
40 067
-
-
Income
229 500
229 500
229 500
229 500
Total tax
100 784
116 213
88 585
120 357
After tax
128 716
113 287
140 915
109 143
Living cost
43 584
43 584
43 584
43 584
Free-cash
85 132
69 703
97 331
65 559

Estimated living cost  is ₽43584 per week

₽31832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88736
₽83116
₽83990
₽91695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
other
-
-
-
7 115
social contributions
-
-
-
6 538
income
-
-
-
44 944
pensions
-
-
-
35 021
health
-
-
-
11 636
surtax
-
-
-
-
total
-
-
-
105 254
Employee
40 718
-
174 378
-
surtax
-
-
-
-
pensions
4 604
-
13 469
-
social contributions
1 161
-
4 967
-
income
2 403
-
39 402
-
total
8 168
-
57 838
-
Employer
40 718
-
174 378
-
other
1 405
-
7 374
-
pensions
6 689
-
22 435
-
unemployment
1 648
-
7 063
-
social contributions
123
-
524
-
health
2 851
-
17 725
-
total
12 716
-
55 121
-
Corporate
176 066
229 500
-
-
income
49 298
64 260
-
-
surtax
-
-
-
-
total
49 298
64 260
-
-
Dividends
126 768
165 240
-
-
withholding
16 226
21 151
-
-
social contributions
21 805
28 422
-
-
surtax
-
-
-
-
total
38 031
49 573
-
-
Income
229 500
229 500
229 500
229 500
Total tax
108 213
113 833
112 959
105 254
After tax
121 287
115 667
116 541
124 246
Living cost
32 551
32 551
32 551
32 551
Free-cash
88 736
83 116
83 990
91 695

Estimated living cost  is ₽32551 per week

₽20524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91627
₽86341
₽87215
₽94920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
other
-
-
-
7 115
social contributions
-
-
-
6 538
income
-
-
-
44 944
pensions
-
-
-
35 021
health
-
-
-
11 636
surtax
-
-
-
-
total
-
-
-
105 254
Employee
36 347
-
174 378
-
surtax
-
-
-
-
pensions
4 111
-
13 469
-
social contributions
1 036
-
4 967
-
income
1 874
-
39 402
-
total
7 021
-
57 838
-
Employer
36 347
-
174 378
-
other
1 255
-
7 374
-
pensions
5 972
-
22 435
-
unemployment
1 471
-
7 063
-
social contributions
108
-
524
-
health
2 544
-
17 725
-
total
11 350
-
55 121
-
Corporate
181 802
229 500
-
-
income
50 905
64 260
-
-
surtax
-
-
-
-
total
50 905
64 260
-
-
Dividends
130 897
165 240
-
-
withholding
16 755
21 151
-
-
social contributions
22 516
28 422
-
-
surtax
-
-
-
-
total
39 271
49 573
-
-
Income
229 500
229 500
229 500
229 500
Total tax
108 547
113 833
112 959
105 254
After tax
120 953
115 667
116 541
124 246
Living cost
29 326
29 326
29 326
29 326
Free-cash
91 627
86 341
87 215
94 920

Estimated living cost  is ₽29326 per week

₽17007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120338
₽119840
₽120658
₽127210
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
social contributions
-
-
-
31 671
income
-
-
-
34 425
health
-
-
-
16 020
total
-
-
-
82 116
Employee
32 258
-
229 500
-
health
2 251
-
16 020
-
social contributions
4 452
-
31 671
-
income
5 380
-
40 977
-
total
12 083
-
88 668
-
Employer
32 258
-
229 500
-
total
-
-
-
-
Corporate
197 242
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%.

9 861
11 476
-
-
total
9 861
11 476
-
-
Dividends
187 381
218 024
-
-
health
13 079
15 218
-
-
withholding
28 107
32 704
-
-
social contributions
25 858
30 088
-
-
total
67 044
78 010
-
-
Income
229 500
229 500
229 500
229 500
Total tax
88 988
89 486
88 668
82 116
After tax
140 512
140 014
140 832
147 384
Living cost
20 174
20 174
20 174
20 174
Free-cash
120 338
119 840
120 658
127 210

Estimated living cost  is ₽20174 per week

₽13501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
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.
₽4963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91397
₽92866
₽26301
₽83796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
917
unemployment
-
-
-
5 835
income
-
-
-
76 176
pensions
-
-
-
20 562
health
-
-
-
8 502
surtax
-
-
-
188
total
-
-
-
112 180
Employee
47 547
37 915
191 463
-
unemployment
1 426
1 137
3 335
-
other
475
379
1 112
-
health
1 840
1 468
4 301
-
pensions
4 869
3 882
11 382
-
income
5 413
2 797
64 543
-
total
14 023
9 663
84 673
-
Employer
47 547
37 915
191 463
-
payroll
1 426
1 137
5 743
-
other
2 259
1 800
8 412
-
accident
617
493
1 444
-
pensions
5 967
4 759
13 949
-
unemployment
1 426
1 137
3 335
-
chamber of commerce
190
152
766
-
surtax
188
188
188
-
health
1 796
1 434
4 201
-
total
13 869
11 100
38 038
-
Corporate
168 084
180 485
187 852
-
income

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

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

42 020
45 122
46 964
-
total
42 020
45 122
46 964
-
Dividends
126 064
135 363
-
-
withholding
34 667
37 225
-
-
total
34 667
37 225
-
-
Income
229 500
229 500
229 500
229 500
Total tax
104 579
103 110
169 675
112 180
After tax
124 921
126 390
59 825
117 320
Living cost
33 524
33 524
33 524
33 524
Free-cash
91 397
92 866
26 301
83 796

Estimated living cost  is ₽33524 per week

₽22359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79265
₽90390
₽42656
₽65208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 720
national
-
-
-
93 535
communal

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

-
-
-
12 348
total
-
-
-
129 603
Employee

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

68 054
-
177 757
-
national
20 923
-
67 909
-
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.

592
-
1 547
-
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.

3 197
-
8 354
-
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.

5 104
-
13 332
-
communal

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

3 550
-
9 271
-
total
33 366
-
100 413
-
Employer

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

68 054
-
177 757
-
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.

885
-
2 311
-
pensions

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

6 030
-
15 749
-
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.

993
-
2 594
-
surtax
7 717
-
20 156
-
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.

4 185
-
10 932
-
total
19 810
-
51 742
-
Corporate
141 636
229 500
-
-
income
28 328
50 306
-
-
surtax
567
1 006
-
-
total
28 895
51 312
-
-
Dividends
112 742
178 189
-
-
withholding

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

33 475
53 109
-
-
total
33 475
53 109
-
-
Income
229 500
229 500
229 500
229 500
Total tax
115 546
104 421
152 155
129 603
After tax
113 954
125 079
77 345
99 897
Living cost
34 689
34 689
34 689
34 689
Free-cash
79 265
90 390
42 656
65 208

Estimated living cost  is ₽34689 per week

₽22344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111355
₽117871
₽89750
₽93743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
unemployment
-
-
-
617
income
-
-
-
74 944
pensions
-
-
-
24 955
accident
-
-
-
794
total
-
-
-
101 398
Employee
47 358
-
201 387
-
unemployment
735
-
1 367
-
other
47
-
88
-
pensions
2 226
-
4 145
-
income
9 992
-
71 678
-
total
13 000
-
77 278
-
Employer
47 358
-
201 387
-
other
377
-
706
-
accident
937
-
1 746
-
pensions
11 176
-
20 812
-
unemployment
2 605
-
4 849
-
total
15 095
-
28 113
-
Corporate
167 046
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.

25 056
34 425
-
-
total
25 056
34 425
-
-
Dividends
141 990
195 075
-
-
withholding
30 635
42 845
-
-
total
30 635
42 845
-
-
Income
229 500
229 500
229 500
229 500
Total tax
83 786
77 270
105 391
101 398
After tax
145 714
152 230
124 109
128 102
Living cost
34 359
34 359
34 359
34 359
Free-cash
111 355
117 871
89 750
93 743

Estimated living cost  is ₽34359 per week

₽25302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63824
₽76909
₽63980
₽55243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 921
pensions
-
-
-
33 899
accident
-
-
-
1 907
communal
-
-
-
14 505
health
-
-
-
15 892
surtax
-
-
-
11 430
total
-
-
-
122 554
Employee
72 049
-
205 002
-
surtax
4 416
-
12 564
-
health
3 206
-
9 123
-
pensions
5 763
-
16 401
-
income
6 959
-
51 231
-
total
20 344
-
89 319
-
Employer
72 049
-
205 002
-
accident
648
-
1 845
-
pensions
5 763
-
16 401
-
health
2 197
-
6 252
-
total
8 608
-
24 498
-
Corporate
148 843
229 500
-
-
income
22 326
34 425
-
-
communal
10 047
15 491
-
-
surtax
1 564
2 410
-
-
total
33 937
52 326
-
-
Dividends
114 906
177 174
-
-
withholding
17 237
26 576
-
-
income
33 847
21 986
-
-
total
51 084
48 562
-
-
Income
229 500
229 500
229 500
229 500
Total tax
113 973
100 888
113 817
122 554
After tax
115 527
128 612
115 683
106 946
Living cost
51 703
51 703
51 703
51 703
Free-cash
63 824
76 909
63 980
55 243

Estimated living cost  is ₽51703 per week

₽38785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119960
₽122985
₽80599
₽86413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
74 333
pensions
-
-
-
25 396
health
-
-
-
9 015
surtax
-
-
-
12 756
total
-
-
-
121 717
Employee
32 040
-
202 772
-
surtax
114
-
11 618
-
unemployment
2 230
-
8 838
-
other
-
-
-
-
health
818
-
3 237
-
pensions
2 138
-
8 469
-
income
5 371
-
68 642
-
total
10 671
-
100 804
-
Employer
32 040
-
202 772
-
other
-
-
-
-
pensions
4 272
-
16 926
-
unemployment
1 016
-
4 024
-
health
1 457
-
5 777
-
total
6 745
-
26 727
-
Corporate
190 715
229 500
-
-
income
49 585
59 670
-
-
total
49 585
59 670
-
-
Dividends
141 130
169 830
-
-
withholding
21 169
25 475
-
-
total
21 169
25 475
-
-
Income
229 500
229 500
229 500
229 500
Total tax
88 170
85 145
127 531
121 717
After tax
141 330
144 355
101 969
107 783
Living cost
21 370
21 370
21 370
21 370
Free-cash
119 960
122 985
80 599
86 413

Estimated living cost  is ₽21370 per week

₽12902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92889
₽95002
₽77206
₽85228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 693
social contributions
-
-
-
47 617
municipal
-
-
-
1 455
national
-
-
-
65 878
total
-
-
-
118 643
Employee
52 776
-
229 500
-
national
8 361
-
59 510
-
regional
710
-
3 392
-
municipal
280
-
1 336
-
social contributions
17 796
-
62 427
-
total
27 147
-
126 665
-
Employer
52 776
-
229 500
-
total
-
-
-
-
Corporate
176 724
229 500
-
-
nationa
42 414
55 079
-
-
municipal
8 784
11 407
-
-
total
51 198
66 486
-
-
Dividends
125 527
163 014
-
-
withholding
32 637
42 383
-
-
total
32 637
42 383
-
-
Income
229 500
229 500
229 500
229 500
Total tax
110 982
108 869
126 665
118 643
After tax
118 518
120 631
102 835
110 857
Living cost
25 629
25 629
25 629
25 629
Free-cash
92 889
95 002
77 206
85 228

Estimated living cost  is ₽25629 per week

₽15939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118613
₽128973
₽97292
₽107485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 909
income
-
-
-
24 691
health
-
-
-
30 983
solidarity contribution
-
-
-
3 394
total
-
-
-
92 977
Employee
42 703
-
183 916
-
solidarity contribution
-
-
2 479
-
health
5 765
-
24 829
-
social contributions
2 776
-
7 548
-
income
5 124
-
22 731
-
total
13 665
-
57 587
-
Employer
42 703
-
183 916
-
social contributions
10 676
-
29 031
-
health
3 843
-
16 552
-
total
14 519
-
45 583
-
Corporate
172 278
229 500
-
-
income
32 733
43 605
-
-
total
32 733
43 605
-
-
Dividends
139 545
185 895
-
-
withholding
20 932
27 884
-
-
total
20 932
27 884
-
-
Income
229 500
229 500
229 500
229 500
Total tax
81 849
71 489
103 170
92 977
After tax
147 651
158 011
126 330
136 523
Living cost
29 038
29 038
29 038
29 038
Free-cash
118 613
128 973
97 292
107 485

Estimated living cost  is ₽29038 per week

₽21594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
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.
₽5332
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95667
₽96140
₽29516
₽87155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
917
unemployment
-
-
-
5 835
income
-
-
-
76 176
pensions
-
-
-
20 562
health
-
-
-
8 502
surtax
-
-
-
-
total
-
-
-
111 992
Employee
41 588
37 915
191 636
-
unemployment
1 248
1 137
3 335
-
other
415
379
1 112
-
health
1 609
1 468
4 301
-
pensions
4 259
3 882
11 382
-
income
3 705
2 797
64 630
-
total
11 236
9 663
84 760
-
Employer
41 588
37 915
191 636
-
payroll
1 248
1 137
5 749
-
other
1 975
1 800
8 419
-
accident
540
493
1 444
-
pensions
5 220
4 759
13 949
-
unemployment
1 248
1 137
3 335
-
chamber of commerce
166
152
767
-
surtax
-
-
-
-
health
1 573
1 434
4 201
-
total
11 970
10 912
37 864
-
Corporate
175 943
180 673
188 025
-
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.

43 986
45 169
47 007
-
total
43 986
45 169
47 007
-
Dividends
131 957
135 504
-
-
withholding
36 288
37 263
-
-
total
36 288
37 263
-
-
Income
229 500
229 500
229 500
229 500
Total tax
103 480
103 007
169 631
111 992
After tax
126 020
126 493
59 869
117 508
Living cost
30 353
30 353
30 353
30 353
Free-cash
95 667
96 140
29 516
87 155

Estimated living cost  is ₽30353 per week

₽18208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽203638
₽205910
₽171485
₽215090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 144
-
229 500
-
income
3 029
-
45 900
-
total
3 029
-
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%.

214 356
229 500
-
-
total
-
-
-
-
Dividends
214 356
229 500
-
-
withholding
10 718
11 475
-
-
total
10 718
11 475
-
-
Income
229 500
229 500
229 500
229 500
Total tax
13 747
11 475
45 900
2 295
After tax
215 753
218 025
183 600
227 205
Living cost
12 115
12 115
12 115
12 115
Free-cash
203 638
205 910
171 485
215 090

Estimated living cost  is ₽12115 per week

₽8198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124535
₽132492
₽74416
₽79398
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
229 500
unemployment
-
-
-
345
income
-
-
-
59 743
pensions
-
-
-
41 912
health
-
-
-
22 583
total
-
-
-
124 583
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.

42 071
-
198 582
-
unemployment
60
-
278
-
health
2 717
-
12 828
-
pensions
6 521
-
30 779
-
income
7 255
-
54 762
-
total
16 553
-
98 647
-
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.

42 071
-
198 582
-
pensions
3 723
-
17 574
-
unemployment
25
-
119
-
health
2 802
-
13 225
-
total
6 550
-
30 918
-
Corporate
180 879
229 500
-
-
income
34 367
43 605
-
-
total
34 367
43 605
-
-
Dividends
146 512
185 895
-
-
withholding
21 976
27 884
-
-
total
21 976
27 884
-
-
Income
229 500
229 500
229 500
229 500
Total tax
79 446
71 489
129 565
124 583
After tax
150 054
158 011
99 935
104 917
Living cost
25 519
25 519
25 519
25 519
Free-cash
124 535
132 492
74 416
79 398

Estimated living cost  is ₽25519 per week

₽17513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54733
₽99248
₽176808
₽118223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
social contributions
-
-
-
26 163
income
-
-
-
44 734
total
-
-
-
70 897
Employee
57 899
-
-
-
social contributions
4 748
-
677
-
income
12 771
-
-
-
total
17 519
-
677
-
Employer
57 899
-
-
-
social contributions
81 638
-
11 635
-
total
81 638
-
11 635
-
Corporate
89 963
229 500
-
-
income
19 792
50 490
-
-
total
19 792
50 490
-
-
Dividends
70 171
179 010
-
-
income
15 438
39 382
-
-
total
15 438
39 382
-
-
Income
229 500
229 500
229 500
229 500
Total tax
134 387
89 872
12 312
70 897
After tax
95 113
139 628
217 188
158 603
Living cost
40 380
40 380
40 380
40 380
Free-cash
54 733
99 248
176 808
118 223

Estimated living cost  is ₽40380 per week

₽26200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99740
₽100697
₽70594
₽89092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 500
social contributions

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

-
-
-
79 751
income
-
-
-
30 815
surtax
-
-
-
-
total
-
-
-
110 566
Employee
43 757
-
185 454
-
surtax
-
-
515
-
social contributions
4 813
-
20 400
-
income
9 102
-
64 103
-
total
13 915
-
85 018
-
Employer
43 757
-
185 454
-
social contributions
10 392
-
44 046
-
total
10 392
-
44 046
-
Corporate
175 351
229 500
-
-
income
36 824
48 195
-
-
surtax
-
-
-
-
total
36 824
48 195
-
-
Dividends
138 527
181 305
-
-
withholding
38 787
50 766
-
-
total
38 787
50 766
-
-
Income
229 500
229 500
229 500
229 500
Total tax
99 918
98 961
129 064
110 566
After tax
129 582
130 539
100 436
118 934
Living cost
29 842
29 842
29 842
29 842
Free-cash
99 740
100 697
70 594
89 092

Estimated living cost  is ₽29842 per week

₽22328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76256
₽69716
₽70590
₽78295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
other
-
-
-
7 115
social contributions
-
-
-
6 538
income
-
-
-
44 944
pensions
-
-
-
35 021
health
-
-
-
11 636
surtax
-
-
-
-
total
-
-
-
105 254
Employee
59 588
-
174 378
-
surtax
-
-
-
-
pensions
6 740
-
13 469
-
social contributions
1 697
-
4 967
-
income
5 199
-
39 402
-
total
13 636
-
57 838
-
Employer
59 588
-
174 378
-
other
2 056
-
7 374
-
pensions
9 791
-
22 435
-
unemployment
2 414
-
7 063
-
social contributions
179
-
524
-
health
4 171
-
17 725
-
total
18 611
-
55 121
-
Corporate
151 301
229 500
-
-
income
42 365
64 260
-
-
surtax
-
-
-
-
total
42 365
64 260
-
-
Dividends
108 936
165 240
-
-
withholding
13 944
21 151
-
-
social contributions
18 737
28 422
-
-
surtax
-
-
-
-
total
32 681
49 573
-
-
Income
229 500
229 500
229 500
229 500
Total tax
107 293
113 833
112 959
105 254
After tax
122 207
115 667
116 541
124 246
Living cost
45 951
45 951
45 951
45 951
Free-cash
76 256
69 716
70 590
78 295

Estimated living cost  is ₽45951 per week

₽31099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10463
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174754
₽177952
₽144385
₽138287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 124
social contributions
-
-
-
50 490
total
-
-
-
62 614
Employee
30 586
-
198 701
-
social contributions
1 988
-
12 916
-
income
-
-
12 801
-
total
1 988
-
25 717
-
Employer
30 586
-
198 701
-
social contributions
4 741
-
30 799
-
total
4 741
-
30 799
-
Corporate
194 172
229 500
-
-
income
19 418
22 949
-
-
total
19 418
22 949
-
-
Dividends
174 755
206 551
-
-
total
-
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
26 147
22 949
56 516
62 614
After tax
203 353
206 551
172 984
166 886
Living cost
28 599
28 599
28 599
28 599
Free-cash
174 754
177 952
144 385
138 287

Estimated living cost  is ₽28599 per week

₽18492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12142
₽22516
₽22516
₽86011
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
823
municipal
-
-
-
49 652
labour market
-
-
-
18 294
national
-
-
-
28 968
total
-
-
-
97 737
Employee
193 107
193 107
193 107
-
national
23 592
23 592
23 592
-
municipal
41 121
41 121
41 121
-
labour market
15 427
15 427
15 427
-
pensions
274
274
274
-
total
80 414
80 414
80 414
-
Employer
193 107
193 107
193 107
-
municipal
41 187
41 187
41 187
-
pensions
549
549
549
-
national
23 633
23 633
23 633
-
labour market
15 449
15 449
15 449
-
total
80 818
80 818
80 818
-
Corporate
22 518
-
-
-
income
4 954
-
-
-
total
4 954
-
-
-
Dividends
17 564
-
-
-
withholding
5 420
-
-
-
total
5 420
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
171 606
161 232
161 232
97 737
After tax
57 894
68 268
68 268
131 763
Living cost
45 752
45 752
45 752
45 752
Free-cash
12 142
22 516
22 516
86 011

Estimated living cost  is ₽45752 per week

₽31313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15348
-₽2534
₽105569
₽135555
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
361
income
-
-
-
66 034
pensions
-
-
-
4 055
accident
-
-
-
246
health
-
-
-
2 125
total
-
-
-
72 821
Employee
33 230
-
210 107
-
health
3 805
-
24 057
-
pensions
3 742
-
7 435
-
income
4 559
-
51 922
-
total
12 106
-
83 414
-
Employer
33 230
-
210 107
-
accident
555
-
3 509
-
pensions
5 403
-
10 737
-
unemployment
814
-
5 147
-
total
6 772
-
19 393
-
Corporate
189 498
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.

170 549
206 550
-
-
total
170 549
206 550
-
-
Dividends
18 950
22 950
-
-
withholding
3 601
4 360
-
-
total
3 601
4 360
-
-
Income
229 500
229 500
229 500
229 500
Total tax
193 028
210 910
102 807
72 821
After tax
36 472
18 590
126 693
156 679
Living cost
21 124
21 124
21 124
21 124
Free-cash
15 348
-2 534
105 569
135 555

Estimated living cost  is ₽21124 per week

₽15376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1204
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106373
₽103406
₽76213
₽102500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 500
municipal
-
-
-
40 746
national
-
-
-
46 589
health
-
-
-
3 138
total
-
-
-
90 473
Employee
50 055
-
193 069
-
national
827
-
30 403
-
unemployment
751
-
2 896
-
health
374
-
2 576
-
municipal
8 199
-
31 422
-
pensions
3 378
-
13 032
-
total
13 529
-
80 329
-
Employer
50 055
-
193 069
-
accident
51
-
193
-
pensions
8 684
-
33 497
-
unemployment
325
-
1 255
-
health
385
-
1 486
-
total
9 445
-
36 431
-
Corporate
170 001
229 500
-
-
income
34 000
45 900
-
-
total
34 000
45 900
-
-
Dividends

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

102 000
137 700
-
-
municipal
18 360
24 785
-
-
national
11 266
18 882
-
-
total
29 626
43 667
-
-
Income
229 500
229 500
229 500
229 500
Total tax
86 600
89 567
116 760
90 473
After tax
142 900
139 933
112 740
139 027
Living cost
36 527
36 527
36 527
36 527
Free-cash
106 373
103 406
76 213
102 500

Estimated living cost  is ₽36527 per week

₽23859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140014
₽145193
₽129883
₽131736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
social contributions
-
-
-
15 393
income
-
-
-
54 492
health
-
-
-
5 851
total
-
-
-
75 736
Employee
73 158
73 158
217 290
-
health
567
1 244
3 694
-
social contributions
2 766
6 072
8 190
-
income
7 966
6 772
53 494
-
total
11 299
14 088
65 378
-
Employer
73 158
73 158
217 290
-
social contributions
2 766
6 072
8 190
-
health
616
1 354
4 021
-
total
3 382
7 426
12 211
-
Corporate
192 792
148 916
-
-
income
24 099
18 614
-
-
total
24 099
18 614
-
-
Dividends
168 693
130 302
-
-
withholding
28 678
22 151
-
-
total
28 678
22 151
-
-
Income
229 500
229 500
229 500
229 500
Total tax
67 458
62 279
77 589
75 736
After tax
162 042
167 221
151 911
153 764
Living cost
22 028
22 028
22 028
22 028
Free-cash
140 014
145 193
129 883
131 736

Estimated living cost  is ₽22028 per week

₽13202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170104
₽174944
₽161929
₽181012
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
229 500
unemployment
-
-
-
27
income
-
-
-
23 861
pensions
-
-
-
6 052
health
-
-
-
3 443
total
-
-
-
33 383
Employee

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

21 838
-
220 202
-
unemployment
108
-
451
-
health
1 856
-
7 673
-
pensions
3 275
-
13 541
-
income
1 493
-
21 503
-
total
6 732
-
43 168
-
Employer

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

21 838
-
220 202
-
pensions
1 201
-
4 965
-
unemployment
108
-
451
-
health
939
-
3 882
-
total
2 248
-
9 298
-
Corporate
205 414
229 500
-
-
income
18 488
20 654
-
-
total
18 488
20 654
-
-
Dividends
186 926
208 846
-
-
withholding
16 823
18 797
-
-
total
16 823
18 797
-
-
Income
229 500
229 500
229 500
229 500
Total tax
44 291
39 451
52 466
33 383
After tax
185 209
190 049
177 034
196 117
Living cost
15 105
15 105
15 105
15 105
Free-cash
170 104
174 944
161 929
181 012

Estimated living cost  is ₽15105 per week

₽9638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121866
₽126068
₽97947
₽101940
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
unemployment
-
-
-
617
income
-
-
-
74 944
pensions
-
-
-
24 955
accident
-
-
-
794
total
-
-
-
101 398
Employee
35 179
-
201 387
-
unemployment
545
-
1 367
-
other
34
-
88
-
pensions
1 654
-
4 145
-
income
6 782
-
71 678
-
total
9 015
-
77 278
-
Employer
35 179
-
201 387
-
other
282
-
706
-
accident
697
-
1 746
-
pensions
8 302
-
20 812
-
unemployment
1 935
-
4 849
-
total
11 216
-
28 113
-
Corporate
183 106
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.

27 466
34 425
-
-
total
27 466
34 425
-
-
Dividends
155 639
195 075
-
-
withholding
33 775
42 845
-
-
total
33 775
42 845
-
-
Income
229 500
229 500
229 500
229 500
Total tax
81 472
77 270
105 391
101 398
After tax
148 028
152 230
124 109
128 102
Living cost
26 162
26 162
26 162
26 162
Free-cash
121 866
126 068
97 947
101 940

Estimated living cost  is ₽26162 per week

₽17659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141108
₽141403
₽146182
₽146311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 114
pensions
-
-
-
1 316
health
-
-
-
954
total
-
-
-
81 384
Employee
2 749
-
228 019
-
unemployment
27
-
66
-
health
137
-
329
-
pensions
247
-
592
-
income
532
-
79 045
-
total
943
-
80 032
-
Employer
2 749
-
228 019
-
pensions
302
-
724
-
unemployment
55
-
132
-
health
261
-
625
-
total
618
-
1 481
-
Corporate
226 133
229 500
-
-
income
49 749
50 490
-
-
total
49 749
50 490
-
-
Dividends
176 384
179 010
-
-
withholding
35 277
35 802
-
-
total
35 277
35 802
-
-
Income
229 500
229 500
229 500
229 500
Total tax
86 587
86 292
81 513
81 384
After tax
142 913
143 208
147 987
148 116
Living cost
1 805
1 805
1 805
1 805
Free-cash
141 108
141 403
146 182
146 311

Estimated living cost  is ₽1805 per week

₽1072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144721
₽149393
₽133145
₽133144
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
229 500
unemployment
-
-
-
1 053
income
-
-
-
53 409
pensions
-
-
-
18 245
health
-
-
-
7 228
total
-
-
-
79 935
Employee

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

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

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

24 762
-
216 939
-
unemployment
186
-
526
-
health
1 275
-
3 614
-
pensions
3 467
-
9 824
-
income
3 413
-
53 409
-
total
8 341
-
67 373
-
Employer

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

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

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

24 762
-
216 939
-
pensions
2 971
-
8 421
-
unemployment
186
-
526
-
health
1 275
-
3 614
-
total
4 432
-
12 561
-
Corporate
200 306
229 500
-
-
income
30 046
34 425
-
-
total
30 046
34 425
-
-
Dividends
170 260
195 075
-
-
withholding
25 539
29 261
-
-
total
25 539
29 261
-
-
Income
229 500
229 500
229 500
229 500
Total tax
68 358
63 686
79 934
79 935
After tax
161 142
165 814
149 566
149 565
Living cost
16 421
16 421
16 421
16 421
Free-cash
144 721
149 393
133 145
133 144

Estimated living cost  is ₽16421 per week

₽11056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1270
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104549
₽104890
₽74787
₽93285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 500
social contributions

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

-
-
-
79 751
income
-
-
-
30 815
surtax
-
-
-
-
total
-
-
-
110 566
Employee
36 926
-
185 454
-
surtax
-
-
515
-
social contributions
4 062
-
20 400
-
income
7 215
-
64 103
-
total
11 277
-
85 018
-
Employer
36 926
-
185 454
-
social contributions
8 769
-
44 046
-
total
8 769
-
44 046
-
Corporate
183 805
229 500
-
-
income
38 599
48 195
-
-
surtax
-
-
-
-
total
38 599
48 195
-
-
Dividends
145 206
181 305
-
-
withholding
40 657
50 766
-
-
total
40 657
50 766
-
-
Income
229 500
229 500
229 500
229 500
Total tax
99 302
98 961
129 064
110 566
After tax
130 198
130 539
100 436
118 934
Living cost
25 649
25 649
25 649
25 649
Free-cash
104 549
104 890
74 787
93 285

Estimated living cost  is ₽25649 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
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.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112568
₽118794
₽90673
₽94666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
unemployment
-
-
-
617
income
-
-
-
74 944
pensions
-
-
-
24 955
accident
-
-
-
794
total
-
-
-
101 398
Employee
45 948
-
201 387
-
unemployment
711
-
1 367
-
other
45
-
88
-
pensions
2 159
-
4 145
-
income
9 597
-
71 678
-
total
12 512
-
77 278
-
Employer
45 948
-
201 387
-
other
368
-
706
-
accident
910
-
1 746
-
pensions
10 844
-
20 812
-
unemployment
2 528
-
4 849
-
total
14 650
-
28 113
-
Corporate
168 902
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.

25 336
34 425
-
-
total
25 336
34 425
-
-
Dividends
143 566
195 075
-
-
withholding
30 998
42 845
-
-
total
30 998
42 845
-
-
Income
229 500
229 500
229 500
229 500
Total tax
83 496
77 270
105 391
101 398
After tax
146 004
152 230
124 109
128 102
Living cost
33 436
33 436
33 436
33 436
Free-cash
112 568
118 794
90 673
94 666

Estimated living cost  is ₽33436 per week

₽24013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
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.
₽6353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174045
₽179847
₽179486
₽169821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
unemployment
-
-
-
133
income
-
-
-
34 425
pensions

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

-
-
-
4 921
health
-
-
-
3 824
total
-
-
-
43 303
Employee
21 684
-
222 976
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
health
998
-
1 530
-
pensions

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

1 904
-
2 920
-
income
2 169
-
22 298
-
total
5 309
-
27 114
-
Employer
21 684
-
222 976
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
pensions

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

2 389
-
3 664
-
unemployment
130
-
200
-
health
1 496
-
2 294
-
total
4 253
-
6 524
-
Corporate
203 562
229 500
-
-
income
20 356
22 950
-
-
total
20 356
22 950
-
-
Dividends
183 206
206 550
-
-
withholding
9 161
10 327
-
-
total
9 161
10 327
-
-
Income
229 500
229 500
229 500
229 500
Total tax
39 079
33 277
33 638
43 303
After tax
190 421
196 223
195 862
186 197
Living cost
16 376
16 376
16 376
16 376
Free-cash
174 045
179 847
179 486
169 821

Estimated living cost  is ₽16376 per week

₽10831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93724
₽81279
₽104184
₽77599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 500
trade
-
-
-
26 585
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.

-
-
-
77 806
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.

-
-
-
6 500
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.

-
-
-
4 279
total
-
-
-
115 170
Employee

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

47 338
-
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.

215
-
4 279
-
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.

6 500
-
6 500
-
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.

3 893
-
77 806
-
total
10 608
-
88 585
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 162
229 500
-
-
trade
26 139
32 933
-
-
income
27 324
34 425
-
-
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.

1 502
1 894
-
-
chamber of commerce
412
480
-
-
total
55 377
69 732
-
-
Dividends
126 785
159 768
-
-
withholding
31 336
39 581
-
-
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.

1 724
2 177
-
-
total
33 060
41 758
-
-
Income
229 500
229 500
229 500
229 500
Total tax
99 045
111 490
88 585
115 170
After tax
130 455
118 010
140 915
114 330
Living cost
36 731
36 731
36 731
36 731
Free-cash
93 724
81 279
104 184
77 599

Estimated living cost  is ₽36731 per week

₽25338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108553
₽106455
₽59505
₽59505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 724
income
-
-
-
76 075
total
-
-
-
115 799
Employee
74 421
-
229 500
-
social contributions
6 183
-
39 724
-
income
14 043
-
76 075
-
total
20 226
-
115 799
-
Employer
74 421
-
229 500
-
total
-
-
-
-
Corporate
155 079
229 500
-
-
income
19 385
28 687
-
-
total
19 385
28 687
-
-
Dividends
135 694
200 813
-
-
withholding
27 140
40 162
-
-
total
27 140
40 162
-
-
Income
229 500
229 500
229 500
229 500
Total tax
66 751
68 849
115 799
115 799
After tax
162 749
160 651
113 701
113 701
Living cost
54 196
54 196
54 196
54 196
Free-cash
108 553
106 455
59 505
59 505

Estimated living cost  is ₽54196 per week

₽41231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112936
₽109613
₽124866
₽154745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 794
income
-
-
-
34 425
total
-
-
-
40 219
Employee
43 645
-
225 124
-
social contributions
4 373
-
4 376
-
income
4 736
-
61 346
-
total
9 109
-
65 722
-
Employer
43 645
-
225 124
-
social contributions
4 373
-
4 376
-
total
4 373
-
4 376
-
Corporate
181 483
229 500
-
-
income
63 520
80 325
-
-
total
63 520
80 325
-
-
Dividends
117 963
149 175
-
-
social contributions
5 026
5 026
-
-
total
5 026
5 026
-
-
Income
229 500
229 500
229 500
229 500
Total tax
82 028
85 351
70 098
40 219
After tax
147 472
144 149
159 402
189 281
Living cost
34 536
34 536
34 536
34 536
Free-cash
112 936
109 613
124 866
154 745

Estimated living cost  is ₽34536 per week

₽22749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114063
₽108537
₽92213
₽112624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 501
pensions
-
-
-
9 700
total
-
-
-
82 201
Employee
47 596
-
199 879
-
health
621
-
2 644
-
pensions
3 633
-
11 456
-
income
8 668
-
58 893
-
total
12 922
-
72 993
-
Employer
47 596
-
199 879
-
pensions
4 809
-
25 822
-
health
905
-
3 797
-
total
5 714
-
29 619
-
Corporate
176 191
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.

33 476
43 605
-
-
total
33 476
43 605
-
-
Dividends
142 715
185 895
-
-
withholding
28 650
42 683
-
-
total
28 650
42 683
-
-
Income
229 500
229 500
229 500
229 500
Total tax
80 762
86 288
102 612
82 201
After tax
148 738
143 212
126 888
147 299
Living cost
34 675
34 675
34 675
34 675
Free-cash
114 063
108 537
92 213
112 624

Estimated living cost  is ₽34675 per week

₽23787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15029
-₽4625
₽103478
₽133464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
361
income
-
-
-
66 034
pensions
-
-
-
4 055
accident
-
-
-
246
health
-
-
-
2 125
total
-
-
-
72 821
Employee
36 519
-
210 107
-
health
4 181
-
24 057
-
pensions
4 112
-
7 435
-
income
5 010
-
51 922
-
total
13 303
-
83 414
-
Employer
36 519
-
210 107
-
accident
610
-
3 509
-
pensions
5 938
-
10 737
-
unemployment
895
-
5 147
-
total
7 443
-
19 393
-
Corporate
185 539
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.

166 985
206 550
-
-
total
166 985
206 550
-
-
Dividends
18 554
22 950
-
-
withholding
3 525
4 360
-
-
total
3 525
4 360
-
-
Income
229 500
229 500
229 500
229 500
Total tax
191 256
210 910
102 807
72 821
After tax
38 244
18 590
126 693
156 679
Living cost
23 215
23 215
23 215
23 215
Free-cash
15 029
-4 625
103 478
133 464

Estimated living cost  is ₽23215 per week

₽17037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1353
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.
₽4357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159839
₽162718
₽156956
₽136035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 500
unemployment
-
-
-
1 826
income
-
-
-
38 775
pensions
-
-
-
27 994
health insurance
-
-
-
11 259
work injury
-
-
-
761
total
-
-
-
80 615
Employee

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

20 561
-
229 500
-
health insurance
1 521
-
5 629
-
unemployment
247
-
913
-
work injury
103
-
380
-
pensions
3 783
-
13 997
-
income
2 056
-
38 775
-
total
7 710
-
59 694
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
208 939
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%.

20 894
22 950
-
-
total
20 894
22 950
-
-
Dividends
188 045
206 550
-
-
withholding
28 207
30 982
-
-
total
28 207
30 982
-
-
Income
229 500
229 500
229 500
229 500
Total tax
56 811
53 932
59 694
80 615
After tax
172 689
175 568
169 806
148 885
Living cost
12 850
12 850
12 850
12 850
Free-cash
159 839
162 718
156 956
136 035

Estimated living cost  is ₽12850 per week

₽7961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78657
₽82984
₽62911
₽70726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
5 739
social contributions
-
-
-
47 617
municipal
-
-
-
1 638
national
-
-
-
65 878
total
-
-
-
120 872
Employee
80 171
-
229 500
-
national
13 548
-
59 510
-
regional
1 210
-
5 246
-
municipal
478
-
1 504
-
social contributions
27 033
-
62 427
-
total
42 269
-
128 687
-
Employer
80 171
-
229 500
-
total
-
-
-
-
Corporate
149 329
229 500
-
-
nationa
35 838
55 079
-
-
municipal
7 198
11 062
-
-
total
43 036
66 141
-
-
Dividends
106 292
163 359
-
-
withholding
27 636
42 473
-
-
total
27 636
42 473
-
-
Income
229 500
229 500
229 500
229 500
Total tax
112 941
108 614
128 687
120 872
After tax
116 559
120 886
100 813
108 628
Living cost
37 902
37 902
37 902
37 902
Free-cash
78 657
82 984
62 911
70 726

Estimated living cost  is ₽37902 per week

₽26623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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