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
₽85692
₽111470
₽82569
₽96636
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 500
income

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

-
-
-
77 063
surtax

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

-
-
-
4 238
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.

-
-
-
6 760
trade
-
-
-
28 901
total
-
-
-
116 962
Employee

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

37 844
-
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.

58
-
4 238
-
income

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

1 057
-
77 063
-
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.

6 760
-
6 760
-
total
7 875
-
88 061
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 656
229 500
-
-
income
28 749
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.

1 581
1 893
-
-
chamber of commerce
426
481
-
-
trade
30 185
36 147
-
-
total
60 941
72 946
-
-
Dividends
130 715
156 555
-
-
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.

1 776
2 131
-
-
withholding
32 303
38 762
-
-
total
34 079
40 893
-
-
Income
229 500
229 500
229 500
229 500
Total tax
102 895
113 839
88 061
116 962
After tax
126 605
115 661
141 439
112 538
Living cost
29 969
29 969
29 969
29 969
Free-cash
96 636
85 692
111 470
82 569

Estimated living cost  is ₽29969 per week

₽18852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90806
₽79788
₽78556
₽89935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
social contributions
-
-
-
2 467
municipal
-
-
-
25 477
national
-
-
-
43 058
pensions
-
-
-
27 540
total
-
-
-
98 542
Employee
81 232
-
198 401
-
municipal
10 033
-
26 366
-
pensions
3 249
-
7 936
-
national
15 548
-
45 003
-
total
28 830
-
79 305
-
Employer
81 232
-
198 401
-
pensions
6 499
-
15 872
-
social contributions
873
-
2 133
-
total
7 372
-
18 005
-
Corporate
135 535
229 500
-
-
income

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

27 107
45 900
-
-
total
27 107
45 900
-
-
Dividends
108 428
183 600
-
-
withholding
23 854
40 392
-
-
total
23 854
40 392
-
-
Income
229 500
229 500
229 500
229 500
Total tax
87 163
86 292
97 310
98 542
After tax
142 337
143 208
132 190
130 958
Living cost
52 402
52 402
52 402
52 402
Free-cash
89 935
90 806
79 788
78 556

Estimated living cost  is ₽52402 per week

₽35617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163016
₽79560
₽63355
₽154898
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
229 500
income
-
-
-
49 127
surtax
-
-
-
58 523
social contributions

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

-
-
-
37 910
microenterprise
-
-
-
-
total
-
-
-
145 560
Employee
28 912
-
181 165
-
surtax
-
-
26 268
-
social contributions

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

3 181
-
12 971
-
income
5 147
-
41 781
-
total
8 328
-
81 020
-
Employer
28 912
-
181 165
-
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.

6 964
-
28 407
-
surtax
-
-
19 928
-
total
6 964
-
48 335
-
Corporate
193 624
229 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

38 725
45 899
-
-
total
38 725
45 899
-
-
Dividends

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

154 899
183 601
-
-
total
-
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
54 017
45 899
129 355
145 560
After tax
175 483
183 601
100 145
83 940
Living cost
20 585
20 585
20 585
20 585
Free-cash
154 898
163 016
79 560
63 355

Estimated living cost  is ₽20585 per week

₽13132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1960
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.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72998
₽105314
₽81412
₽66935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
82 845
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
106 639
Employee
84 494
84 494
211 112
-
pensions
15 209
11 593
11 593
-
income

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

13 830
13 830
40 555
-
health
12 969
11 031
12 201
-
total
42 008
36 454
64 349
-
Employer
84 494
84 494
211 112
-
health
5 873
5 873
7 298
-
pensions
5 881
5 881
7 310
-
unemployment
3 042
3 042
3 780
-
total
14 796
14 796
18 388
-
Corporate
131 246
130 210
-
-
income
26 250
26 041
-
-
total
26 250
26 041
-
-
Dividends
104 997
104 168
-
-
income
22 312
22 136
-
-
withholding
15 750
15 626
-
-
total
38 062
37 762
-
-
Income
229 500
229 500
229 500
229 500
Total tax
121 116
115 053
82 737
106 639
After tax
108 384
114 447
146 763
122 861
Living cost
41 449
41 449
41 449
41 449
Free-cash
66 935
72 998
105 314
81 412

Estimated living cost  is ₽41449 per week

₽29374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84490
₽72997
₽73987
₽83575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
accident
-
-
-
179
other
-
-
-
10 395
unemployment
-
-
-
90
health
-
-
-
5 582
municipal
-
-
-
60 709
national
-
-
-
28 071
pensions
-
-
-
9 670
total
-
-
-
114 696
Employee
58 161
-
201 393
-
municipal
17 344
-
60 055
-
national
-
-
27 523
-
total
17 344
-
87 578
-
Employer
58 161
-
201 393
-
health
3 577
-
5 502
-
pensions
6 287
-
9 670
-
accident
116
-
179
-
unemployment
1 535
-
2 362
-
other
6 758
-
10 395
-
total
18 273
-
28 108
-
Corporate
153 065
229 500
-
-
income
33 674
50 490
-
-
total
33 674
50 490
-
-
Dividends
119 391
179 010
-
-
withholding
35 817
53 703
-
-
total
35 817
53 703
-
-
Income
229 500
229 500
229 500
229 500
Total tax
105 108
104 193
115 686
114 696
After tax
124 392
125 307
113 814
114 804
Living cost
40 817
40 817
40 817
40 817
Free-cash
83 575
84 490
72 997
73 987

Estimated living cost  is ₽40817 per week

₽27052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75612
₽102570
₽72385
₽89512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 500
income

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

-
-
-
77 063
surtax

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

-
-
-
4 238
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.

-
-
-
6 760
trade
-
-
-
30 185
total
-
-
-
118 246
Employee

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

50 177
-
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.

237
-
4 238
-
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.

4 311
-
77 063
-
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.

6 760
-
6 760
-
total
11 308
-
88 061
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 323
229 500
-
-
income
26 899
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.

1 480
1 893
-
-
chamber of commerce
406
477
-
-
trade
29 498
37 752
-
-
total
58 283
74 547
-
-
Dividends
121 041
154 953
-
-
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.

1 643
2 110
-
-
withholding
29 885
38 362
-
-
total
31 528
40 472
-
-
Income
229 500
229 500
229 500
229 500
Total tax
101 119
115 019
88 061
118 246
After tax
128 381
114 481
141 439
111 254
Living cost
38 869
38 869
38 869
38 869
Free-cash
89 512
75 612
102 570
72 385

Estimated living cost  is ₽38869 per week

₽25996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135149
₽120136
₽122006
₽131046
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
53 539
social contributions
-
-
-
16 009
health
-
-
-
5 853
total
-
-
-
75 401
Employee
76 083
76 083
216 969
-
social contributions
3 697
6 315
8 517
-
income
7 989
7 043
52 535
-
health
757
1 294
3 688
-
total
12 443
14 652
64 740
-
Employer
76 083
76 083
216 969
-
health
824
1 408
4 014
-
social contributions
3 697
6 315
8 517
-
total
4 521
7 723
12 531
-
Corporate
180 443
145 694
-
-
income
22 556
18 211
-
-
total
22 556
18 211
-
-
Dividends
157 887
127 482
-
-
withholding
26 841
21 672
-
-
total
26 841
21 672
-
-
Income
229 500
229 500
229 500
229 500
Total tax
66 361
62 258
77 271
75 401
After tax
163 139
167 242
152 229
154 099
Living cost
32 093
32 093
32 093
32 093
Free-cash
131 046
135 149
120 136
122 006

Estimated living cost  is ₽32093 per week

₽21939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110641
₽114875
₽140820
₽111020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
28 056
unemployment
-
-
-
3 442
health
-
-
-
16 065
pensions
-
-
-
22 950
total
-
-
-
70 513
Employee

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

The minimum wage is 138,000 HUF per month.

26 224
10 437
192 050
-
unemployment
393
157
2 881
-
pensions
2 622
1 044
19 205
-
income
3 206
1 276
23 478
-
health
1 836
731
13 444
-
total
8 057
3 208
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.

26 224
10 437
192 050
-
pensions
5 114
2 035
37 450
-
total
5 114
2 035
37 450
-
Corporate
198 162
217 028
-
-
income
17 835
19 533
-
-
total
17 835
19 533
-
-
Dividends
180 327
197 495
-
-
social contributions
35 045
38 392
-
-
withholding
34 262
37 524
-
-
total
69 307
75 916
-
-
Income
229 500
229 500
229 500
229 500
Total tax
100 313
100 692
96 458
70 513
After tax
129 187
128 808
133 042
158 987
Living cost
18 167
18 167
18 167
18 167
Free-cash
111 020
110 641
114 875
140 820

Estimated living cost  is ₽18167 per week

₽12397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159702
₽108382
₽99114
₽153555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
30 752
health
-
-
-
29 836
pensions
-
-
-
45 899
total
-
-
-
106 487
Employee
28 069
-
171 524
-
unemployment
449
-
2 745
-
pensions
561
-
3 430
-
income
3 160
-
33 069
-
total
4 170
-
39 244
-
Employer
28 069
-
171 524
-
health
3 648
-
22 297
-
pensions
5 614
-
34 305
-
unemployment
225
-
1 373
-
total
9 487
-
57 975
-
Corporate
191 943
229 500
-
-
income
38 389
45 899
-
-
total
38 389
45 899
-
-
Dividends
153 555
183 601
-
-
total
-
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
52 046
45 899
97 219
106 487
After tax
177 454
183 601
132 281
123 013
Living cost
23 899
23 899
23 899
23 899
Free-cash
153 555
159 702
108 382
99 114

Estimated living cost  is ₽23899 per week

₽16392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3472
₽104456
₽134634
₽15206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
accident
-
-
-
253
income
-
-
-
65 819
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
72 804
Employee
34 705
-
209 807
-
pensions
3 908
-
7 651
-
income
4 761
-
51 616
-
health
3 974
-
24 023
-
total
12 643
-
83 290
-
Employer
34 705
-
209 807
-
pensions
5 643
-
11 048
-
accident
579
-
3 504
-
unemployment
850
-
5 140
-
total
7 072
-
19 692
-
Corporate
187 722
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.

168 950
206 550
-
-
total
168 950
206 550
-
-
Dividends
18 772
22 950
-
-
withholding
3 567
4 360
-
-
total
3 567
4 360
-
-
Income
229 500
229 500
229 500
229 500
Total tax
192 232
210 910
102 982
72 804
After tax
37 268
18 590
126 518
156 696
Living cost
22 062
22 062
22 062
22 062
Free-cash
15 206
-3 472
104 456
134 634

Estimated living cost  is ₽22062 per week

₽16170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽209925
₽175500
₽219105
₽208407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
229 500
microenterprise

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

-
-
-
2 295
total
-
-
-
2 295
Employee
10 125
-
229 500
-
income
2 025
-
45 900
-
total
2 025
-
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%.

219 375
229 500
-
-
total
-
-
-
-
Dividends
219 375
229 500
-
-
withholding
10 968
11 475
-
-
total
10 968
11 475
-
-
Income
229 500
229 500
229 500
229 500
Total tax
12 993
11 475
45 900
2 295
After tax
216 507
218 025
183 600
227 205
Living cost
8 100
8 100
8 100
8 100
Free-cash
208 407
209 925
175 500
219 105

Estimated living cost  is ₽8100 per week

₽5020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142248
₽110658
₽112538
₽135568
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
40 719
other
-
-
-
7 146
health
-
-
-
6 621
pensions

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

-
-
-
36 111
total
-
-
-
90 597
Employee
35 926
-
191 258
-
unemployment
359
-
1 504
-
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.

2 514
-
10 532
-
income
6 185
-
40 092
-
health
503
-
2 107
-
total
9 561
-
54 235
-
Employer
35 926
-
191 258
-
health
503
-
2 107
-
pensions

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

6 108
-
25 579
-
accident
287
-
1 530
-
unemployment
359
-
1 504
-
other
1 797
-
7 522
-
total
9 054
-
38 242
-
Corporate
184 520
229 500
-
-
income
38 749
48 196
-
-
total
38 749
48 196
-
-
Dividends
145 771
181 304
-
-
withholding
10 203
12 691
-
-
total
10 203
12 691
-
-
Income
229 500
229 500
229 500
229 500
Total tax
67 567
60 887
92 477
90 597
After tax
161 933
168 613
137 023
138 903
Living cost
26 365
26 365
26 365
26 365
Free-cash
135 568
142 248
110 658
112 538

Estimated living cost  is ₽26365 per week

₽18628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78272
₽61595
₽82057
₽86210
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
71 522
pensions
-
-
-
9 986
total
-
-
-
81 508
Employee
93 288
-
199 965
-
pensions
9 000
-
11 875
-
income
16 816
-
57 878
-
health
1 537
-
2 682
-
total
27 353
-
72 435
-
Employer
93 288
-
199 965
-
health
1 772
-
3 800
-
pensions
11 015
-
25 735
-
total
12 787
-
29 535
-
Corporate
123 426
229 500
-
-
income

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

23 451
43 605
-
-
total
23 451
43 605
-
-
Dividends
99 975
185 895
-
-
withholding
13 764
41 688
-
-
total
13 764
41 688
-
-
Income
229 500
229 500
229 500
229 500
Total tax
77 355
85 293
101 970
81 508
After tax
152 145
144 207
127 530
147 992
Living cost
65 935
65 935
65 935
65 935
Free-cash
86 210
78 272
61 595
82 057

Estimated living cost  is ₽65935 per week

₽49406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽183249
₽182468
₽172872
₽178652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
34 425
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
43 654
Employee
17 180
-
222 719
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
pensions

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

1 508
-
3 035
-
income
1 718
-
22 272
-
health
790
-
1 590
-
total
4 205
-
27 277
-
Employer
17 180
-
222 719
-
health
1 186
-
2 385
-
pensions

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

1 893
-
3 809
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
unemployment
103
-
207
-
total
3 371
-
6 781
-
Corporate
208 949
229 500
-
-
income
20 895
22 950
-
-
total
20 895
22 950
-
-
Dividends
188 055
206 550
-
-
withholding
9 403
10 327
-
-
total
9 403
10 327
-
-
Income
229 500
229 500
229 500
229 500
Total tax
37 874
33 277
34 058
43 654
After tax
191 626
196 223
195 442
185 846
Living cost
12 974
12 974
12 974
12 974
Free-cash
178 652
183 249
182 468
172 872

Estimated living cost  is ₽12974 per week

₽7575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59581
₽91897
₽67995
₽62071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
82 845
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
106 639
Employee
91 734
84 494
211 112
-
pensions
11 593
11 593
11 593
-
income

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

13 830
13 830
40 555
-
health
11 444
11 031
12 201
-
total
36 867
36 454
64 349
-
Employer
91 734
84 494
211 112
-
health
6 375
5 873
7 298
-
pensions
6 384
5 881
7 310
-
unemployment
3 303
3 042
3 780
-
total
16 062
14 796
18 388
-
Corporate
121 705
130 210
-
-
income
24 340
26 041
-
-
total
24 340
26 041
-
-
Dividends
97 365
104 168
-
-
income
20 690
22 136
-
-
withholding
14 604
15 626
-
-
total
35 294
37 762
-
-
Income
229 500
229 500
229 500
229 500
Total tax
112 563
115 053
82 737
106 639
After tax
116 937
114 447
146 763
122 861
Living cost
54 866
54 866
54 866
54 866
Free-cash
62 071
59 581
91 897
67 995

Estimated living cost  is ₽54866 per week

₽40473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133425
₽101061
₽111143
₽124653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
24 471
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
2 939
health
-
-
-
30 983
total
-
-
-
93 771
Employee
36 156
-
182 762
-
solidarity contribution
-
-
2 034
-
social contributions
2 350
-
7 875
-
income
4 339
-
22 532
-
health
4 881
-
24 673
-
total
11 570
-
57 114
-
Employer
36 156
-
182 762
-
health
3 254
-
16 449
-
social contributions
9 039
-
30 290
-
total
12 293
-
46 739
-
Corporate
181 051
229 500
-
-
income
34 400
43 605
-
-
total
34 400
43 605
-
-
Dividends
146 651
185 895
-
-
withholding
21 998
27 884
-
-
total
21 998
27 884
-
-
Income
229 500
229 500
229 500
229 500
Total tax
80 261
71 489
103 853
93 771
After tax
149 239
158 011
125 647
135 729
Living cost
24 586
24 586
24 586
24 586
Free-cash
124 653
133 425
101 061
111 143

Estimated living cost  is ₽24586 per week

₽17078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
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.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80696
₽60899
₽69286
₽75531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 521
regional
-
-
-
2 935
municipal
-
-
-
1 440
national
-
-
-
64 567
total
-
-
-
118 463
Employee
87 936
-
229 500
-
municipal
466
-
1 316
-
national
15 237
-
57 943
-
regional
830
-
2 667
-
social contributions
29 652
-
64 924
-
total
46 185
-
126 850
-
Employer
87 936
-
229 500
-
total
-
-
-
-
Corporate
141 564
229 500
-
-
municipal
5 520
8 951
-
-
nationa
33 976
55 079
-
-
total
39 496
64 030
-
-
Dividends
102 068
165 470
-
-
withholding
26 537
43 023
-
-
total
26 537
43 023
-
-
Income
229 500
229 500
229 500
229 500
Total tax
112 218
107 053
126 850
118 463
After tax
117 282
122 447
102 650
111 037
Living cost
41 751
41 751
41 751
41 751
Free-cash
75 531
80 696
60 899
69 286

Estimated living cost  is ₽41751 per week

₽29104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122522
₽79989
₽86040
₽119439
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 176
other
-
-
-
-
surtax
-
-
-
12 439
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
121 626
Employee
32 720
-
201 703
-
other
-
-
-
-
unemployment
2 278
-
9 191
-
pensions
2 182
-
8 808
-
surtax
107
-
11 257
-
income
5 485
-
67 258
-
health
836
-
3 367
-
total
10 888
-
99 881
-
Employer
32 720
-
201 703
-
health
1 489
-
6 008
-
pensions
4 362
-
17 603
-
unemployment
1 036
-
4 185
-
other
-
-
-
-
total
6 887
-
27 796
-
Corporate
189 892
229 500
-
-
income
49 373
59 670
-
-
total
49 373
59 670
-
-
Dividends
140 520
169 830
-
-
withholding
21 079
25 474
-
-
total
21 079
25 474
-
-
Income
229 500
229 500
229 500
229 500
Total tax
88 227
85 144
127 677
121 626
After tax
141 273
144 356
101 823
107 874
Living cost
21 834
21 834
21 834
21 834
Free-cash
119 439
122 522
79 989
86 040

Estimated living cost  is ₽21834 per week

₽13350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99162
₽82485
₽102947
₽105672
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
71 522
pensions
-
-
-
9 986
total
-
-
-
81 508
Employee
62 519
-
199 965
-
pensions
5 306
-
11 875
-
income
11 260
-
57 878
-
health
908
-
2 682
-
total
17 474
-
72 435
-
Employer
62 519
-
199 965
-
health
1 188
-
3 800
-
pensions
6 768
-
25 735
-
total
7 956
-
29 535
-
Corporate
159 026
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.

30 215
43 605
-
-
total
30 215
43 605
-
-
Dividends
128 811
185 895
-
-
withholding
23 138
41 688
-
-
total
23 138
41 688
-
-
Income
229 500
229 500
229 500
229 500
Total tax
78 783
85 293
101 970
81 508
After tax
150 717
144 207
127 530
147 992
Living cost
45 045
45 045
45 045
45 045
Free-cash
105 672
99 162
82 485
102 947

Estimated living cost  is ₽45045 per week

₽33747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3376
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.
₽7449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26736
₽95483
₽103856
₽60200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 590
regional
-
-
-
12 864
health
-
-
-
516
city
-
-
-
2 418
national
-
-
-
5 933
pensions
-
-
-
21 115
total
-
-
-
47 436
Employee
91 524
-
206 563
-
unemployment
-
-
-
-
pensions
7 689
-
16 069
-
national
433
-
4 909
-
regional
2 997
-
11 468
-
city
982
-
2 234
-
health
207
-
464
-
total
12 308
-
35 144
-
Employer
91 524
-
206 563
-
health
207
-
464
-
pensions
7 689
-
16 069
-
unemployment
-
-
-
-
other

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

1 830
-
4 132
-
total
9 726
-
20 665
-
Corporate
127 244
229 500
-
-
regional
26 912
48 540
-
-
national
10 815
19 508
-
-
total
37 727
68 048
-
-
Dividends
89 517
161 452
-
-
withholding
31 331
56 508
-
-
total
31 331
56 508
-
-
Income
229 500
229 500
229 500
229 500
Total tax
91 092
124 556
55 809
47 436
After tax
138 408
104 944
173 691
182 064
Living cost
78 208
78 208
78 208
78 208
Free-cash
60 200
26 736
95 483
103 856

Estimated living cost  is ₽78208 per week

₽50858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽960
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67974
₽96112
₽64643
₽84016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 500
income

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

-
-
-
77 063
surtax

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

-
-
-
4 238
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.

-
-
-
6 760
trade
-
-
-
31 469
total
-
-
-
119 530
Employee

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

59 464
-
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.

385
-
4 238
-
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.

6 992
-
77 063
-
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.

6 760
-
6 760
-
total
14 137
-
88 061
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 036
229 500
-
-
income
25 506
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.

1 403
1 893
-
-
chamber of commerce
389
473
-
-
trade
29 162
39 359
-
-
total
56 460
76 150
-
-
Dividends
113 577
153 350
-
-
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.

1 542
2 088
-
-
withholding
28 018
37 961
-
-
total
29 560
40 049
-
-
Income
229 500
229 500
229 500
229 500
Total tax
100 157
116 199
88 061
119 530
After tax
129 343
113 301
141 439
109 970
Living cost
45 327
45 327
45 327
45 327
Free-cash
84 016
67 974
96 112
64 643

Estimated living cost  is ₽45327 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81817
₽83972
₽91137
₽87659
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
43 771
other
-
-
-
7 114
surtax
-
-
-
-
social contributions
-
-
-
6 538
health
-
-
-
11 427
pensions
-
-
-
35 661
total
-
-
-
104 511
Employee
42 347
-
174 755
-
pensions
4 788
-
13 341
-
surtax
-
-
-
-
social contributions
1 207
-
4 980
-
income
2 499
-
38 609
-
total
8 494
-
56 930
-
Employer
42 347
-
174 755
-
health
2 965
-
17 576
-
pensions
6 957
-
22 245
-
unemployment
1 714
-
7 077
-
social contributions
128
-
524
-
other
1 461
-
7 324
-
total
13 225
-
54 746
-
Corporate
173 929
229 500
-
-
income
48 701
64 261
-
-
surtax
-
-
-
-
total
48 701
64 261
-
-
Dividends
125 228
165 239
-
-
surtax
-
-
-
-
social contributions
21 539
28 420
-
-
withholding
16 030
21 150
-
-
total
37 569
49 570
-
-
Income
229 500
229 500
229 500
229 500
Total tax
107 989
113 831
111 676
104 511
After tax
121 511
115 669
117 824
124 989
Living cost
33 852
33 852
33 852
33 852
Free-cash
87 659
81 817
83 972
91 137

Estimated living cost  is ₽33852 per week

₽21345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85171
₽87326
₽94491
₽90667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
43 771
other
-
-
-
7 114
surtax
-
-
-
-
social contributions
-
-
-
6 538
health
-
-
-
11 427
pensions
-
-
-
35 661
total
-
-
-
104 511
Employee
37 800
-
174 755
-
pensions
4 275
-
13 341
-
surtax
-
-
-
-
social contributions
1 078
-
4 980
-
income
1 949
-
38 609
-
total
7 302
-
56 930
-
Employer
37 800
-
174 755
-
health
2 646
-
17 576
-
pensions
6 211
-
22 245
-
unemployment
1 530
-
7 077
-
social contributions
113
-
524
-
other
1 305
-
7 324
-
total
11 805
-
54 746
-
Corporate
179 895
229 500
-
-
income
50 370
64 261
-
-
surtax
-
-
-
-
total
50 370
64 261
-
-
Dividends
129 525
165 239
-
-
surtax
-
-
-
-
social contributions
22 278
28 420
-
-
withholding
16 580
21 150
-
-
total
38 858
49 570
-
-
Income
229 500
229 500
229 500
229 500
Total tax
108 335
113 831
111 676
104 511
After tax
121 165
115 669
117 824
124 989
Living cost
30 498
30 498
30 498
30 498
Free-cash
90 667
85 171
87 326
94 491

Estimated living cost  is ₽30498 per week

₽17688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119036
₽120050
₽126406
₽119549
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
34 425
social contributions
-
-
-
31 670
health
-
-
-
16 018
total
-
-
-
82 113
Employee
33 548
-
229 500
-
social contributions
4 630
-
31 670
-
income
5 595
-
40 781
-
health
2 341
-
16 018
-
total
12 566
-
88 469
-
Employer
33 548
-
229 500
-
total
-
-
-
-
Corporate
195 952
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%.

9 798
11 474
-
-
total
9 798
11 474
-
-
Dividends
186 154
218 026
-
-
social contributions
25 690
30 088
-
-
withholding
27 923
32 703
-
-
health
12 993
15 218
-
-
total
66 606
78 009
-
-
Income
229 500
229 500
229 500
229 500
Total tax
88 970
89 483
88 469
82 113
After tax
140 530
140 017
141 031
147 387
Living cost
20 981
20 981
20 981
20 981
Free-cash
119 549
119 036
120 050
126 406

Estimated living cost  is ₽20981 per week

₽14041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91590
₽25217
₽82594
₽90062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
74 633
surtax
-
-
-
195
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
918
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
112 042
Employee
49 448
39 431
190 565
-
other
494
394
1 157
-
unemployment
1 483
1 183
3 468
-
pensions
5 064
4 037
11 837
-
income
5 629
2 908
62 847
-
health
1 913
1 527
4 473
-
total
14 583
10 049
83 782
-
Employer
49 448
39 431
190 565
-
chamber of commerce
197
158
762
-
health
1 868
1 491
4 369
-
pensions
6 206
4 949
14 507
-
accident
642
513
1 502
-
unemployment
1 483
1 183
3 468
-
surtax
195
195
195
-
payroll
1 483
1 183
5 717
-
other
2 349
1 872
8 414
-
total
14 423
11 544
38 934
-
Corporate
165 628
178 525
186 810
-
income

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

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

41 408
44 632
46 703
-
total
41 408
44 632
46 703
-
Dividends
124 220
133 894
-
-
withholding
34 160
36 821
-
-
total
34 160
36 821
-
-
Income
229 500
229 500
229 500
229 500
Total tax
104 574
103 046
169 419
112 042
After tax
124 926
126 454
60 081
117 458
Living cost
34 864
34 864
34 864
34 864
Free-cash
90 062
91 590
25 217
82 594

Estimated living cost  is ₽34864 per week

₽23253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89480
₽41640
₽63778
₽77324
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
communal

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

-
-
-
12 289
social contributions
-
-
-
24 668
national
-
-
-
92 689
total
-
-
-
129 646
Employee

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

70 775
-
177 754
-
unemployment

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

616
-
1 547
-
communal

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

3 691
-
9 272
-
pensions

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

5 308
-
13 331
-
national
21 759
-
67 532
-
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.

3 325
-
8 356
-
total
34 699
-
100 038
-
Employer

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

70 775
-
177 754
-
health

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

4 352
-
10 932
-
pensions

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

6 271
-
15 750
-
accident

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

920
-
2 311
-
unemployment

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

1 033
-
2 595
-
surtax
8 025
-
20 158
-
total
20 601
-
51 746
-
Corporate
138 123
229 500
-
-
income
27 624
49 656
-
-
surtax
552
993
-
-
total
28 176
50 649
-
-
Dividends
109 947
178 850
-
-
withholding

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

32 624
53 295
-
-
total
32 624
53 295
-
-
Income
229 500
229 500
229 500
229 500
Total tax
116 100
103 944
151 784
129 646
After tax
113 400
125 556
77 716
99 854
Living cost
36 076
36 076
36 076
36 076
Free-cash
77 324
89 480
41 640
63 778

Estimated living cost  is ₽36076 per week

₽23238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116578
₽88293
₽92444
₽109799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
accident
-
-
-
826
income
-
-
-
73 810
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
101 323
Employee
49 252
-
200 263
-
other
49
-
92
-
unemployment
764
-
1 421
-
pensions
2 315
-
4 311
-
income
10 392
-
70 413
-
total
13 520
-
76 237
-
Employer
49 252
-
200 263
-
pensions
11 623
-
21 644
-
accident
975
-
1 816
-
unemployment
2 709
-
5 043
-
other
392
-
734
-
total
15 699
-
29 237
-
Corporate
164 549
229 500
-
-
income

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

24 682
34 425
-
-
total
24 682
34 425
-
-
Dividends
139 867
195 075
-
-
withholding
30 067
42 764
-
-
total
30 067
42 764
-
-
Income
229 500
229 500
229 500
229 500
Total tax
83 968
77 189
105 474
101 323
After tax
145 532
152 311
124 026
128 177
Living cost
35 733
35 733
35 733
35 733
Free-cash
109 799
116 578
88 293
92 444

Estimated living cost  is ₽35733 per week

₽26313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75593
₽62664
₽53514
₽61985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
communal
-
-
-
14 505
accident
-
-
-
1 936
income
-
-
-
43 874
surtax
-
-
-
11 377
health
-
-
-
16 125
pensions
-
-
-
34 399
total
-
-
-
122 216
Employee
74 930
-
205 002
-
pensions
5 993
-
16 399
-
surtax
4 593
-
12 563
-
income
7 237
-
50 482
-
health
3 335
-
9 124
-
total
21 158
-
88 568
-
Employer
74 930
-
205 002
-
health
2 285
-
6 253
-
pensions
5 993
-
16 399
-
accident
674
-
1 846
-
total
8 952
-
24 498
-
Corporate
145 618
229 500
-
-
communal
9 830
15 491
-
-
income
21 843
34 425
-
-
surtax
1 528
2 409
-
-
total
33 201
52 325
-
-
Dividends
112 417
177 175
-
-
income
33 571
21 236
-
-
withholding
16 863
26 576
-
-
total
50 434
47 812
-
-
Income
229 500
229 500
229 500
229 500
Total tax
113 745
100 137
113 066
122 216
After tax
115 755
129 363
116 434
107 284
Living cost
53 770
53 770
53 770
53 770
Free-cash
61 985
75 593
62 664
53 514

Estimated living cost  is ₽53770 per week

₽40336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122132
₽79599
₽85650
₽118983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 176
other
-
-
-
-
surtax
-
-
-
12 439
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
121 626
Employee
33 321
-
201 703
-
other
-
-
-
-
unemployment
2 319
-
9 191
-
pensions
2 223
-
8 808
-
surtax
118
-
11 257
-
income
5 586
-
67 258
-
health
851
-
3 367
-
total
11 097
-
99 881
-
Employer
33 321
-
201 703
-
health
1 515
-
6 008
-
pensions
4 443
-
17 603
-
unemployment
1 057
-
4 185
-
other
-
-
-
-
total
7 015
-
27 796
-
Corporate
189 164
229 500
-
-
income
49 183
59 670
-
-
total
49 183
59 670
-
-
Dividends
139 981
169 830
-
-
withholding
20 998
25 474
-
-
total
20 998
25 474
-
-
Income
229 500
229 500
229 500
229 500
Total tax
88 293
85 144
127 677
121 626
After tax
141 207
144 356
101 823
107 874
Living cost
22 224
22 224
22 224
22 224
Free-cash
118 983
122 132
79 599
85 650

Estimated living cost  is ₽22224 per week

₽13418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93977
₽75323
₽83666
₽91781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 521
regional
-
-
-
3 653
municipal
-
-
-
1 440
national
-
-
-
64 567
total
-
-
-
119 181
Employee
54 886
-
229 500
-
municipal
291
-
1 316
-
national
8 695
-
57 943
-
regional
739
-
3 341
-
social contributions
18 508
-
64 924
-
total
28 233
-
127 524
-
Employer
54 886
-
229 500
-
total
-
-
-
-
Corporate
174 614
229 500
-
-
municipal
8 679
11 407
-
-
nationa
41 907
55 079
-
-
total
50 586
66 486
-
-
Dividends
124 028
163 014
-
-
withholding
32 247
42 384
-
-
total
32 247
42 384
-
-
Income
229 500
229 500
229 500
229 500
Total tax
111 066
108 870
127 524
119 181
After tax
118 434
120 630
101 976
110 319
Living cost
26 653
26 653
26 653
26 653
Free-cash
91 781
93 977
75 323
83 666

Estimated living cost  is ₽26653 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127714
₽95350
₽105432
₽116906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
24 471
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
2 939
health
-
-
-
30 983
total
-
-
-
93 771
Employee
44 554
-
182 762
-
solidarity contribution
-
-
2 034
-
social contributions
2 896
-
7 875
-
income
5 346
-
22 532
-
health
6 015
-
24 673
-
total
14 257
-
57 114
-
Employer
44 554
-
182 762
-
health
4 010
-
16 449
-
social contributions
11 138
-
30 290
-
total
15 148
-
46 739
-
Corporate
169 798
229 500
-
-
income
32 262
43 605
-
-
total
32 262
43 605
-
-
Dividends
137 536
185 895
-
-
withholding
20 630
27 884
-
-
total
20 630
27 884
-
-
Income
229 500
229 500
229 500
229 500
Total tax
82 297
71 489
103 853
93 771
After tax
147 203
158 011
125 647
135 729
Living cost
30 297
30 297
30 297
30 297
Free-cash
116 906
127 714
95 350
105 432

Estimated living cost  is ₽30297 per week

₽22530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94994
₽28561
₽86086
₽94507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
74 633
surtax
-
-
-
-
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
918
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
111 847
Employee
43 251
39 431
190 747
-
other
432
394
1 157
-
unemployment
1 297
1 183
3 468
-
pensions
4 429
4 037
11 837
-
income
3 853
2 908
62 937
-
health
1 673
1 527
4 473
-
total
11 684
10 049
83 872
-
Employer
43 251
39 431
190 747
-
chamber of commerce
173
158
762
-
health
1 635
1 491
4 369
-
pensions
5 428
4 949
14 507
-
accident
561
513
1 502
-
unemployment
1 297
1 183
3 468
-
surtax
-
-
-
-
payroll
1 297
1 183
5 723
-
other
2 054
1 872
8 421
-
total
12 445
11 349
38 752
-
Corporate
173 802
178 721
186 992
-
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.

43 451
44 681
46 748
-
total
43 451
44 681
46 748
-
Dividends
130 351
134 040
-
-
withholding
35 846
36 860
-
-
total
35 846
36 860
-
-
Income
229 500
229 500
229 500
229 500
Total tax
103 426
102 939
169 372
111 847
After tax
126 074
126 561
60 128
117 653
Living cost
31 567
31 567
31 567
31 567
Free-cash
94 507
94 994
28 561
86 086

Estimated living cost  is ₽31567 per week

₽18936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽205402
₽170977
₽214582
₽203035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 779
-
229 500
-
income
3 156
-
45 900
-
total
3 156
-
45 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

213 721
229 500
-
-
total
-
-
-
-
Dividends
213 721
229 500
-
-
withholding
10 686
11 475
-
-
total
10 686
11 475
-
-
Income
229 500
229 500
229 500
229 500
Total tax
13 842
11 475
45 900
2 295
After tax
215 658
218 025
183 600
227 205
Living cost
12 623
12 623
12 623
12 623
Free-cash
203 035
205 402
170 977
214 582

Estimated living cost  is ₽12623 per week

₽8542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131471
₽74298
₽79280
₽123196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
229 500
income
-
-
-
58 841
unemployment
-
-
-
344
health
-
-
-
22 583
pensions
-
-
-
41 913
total
-
-
-
123 681
Employee

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

43 753
-
198 581
-
unemployment
62
-
278
-
pensions
6 782
-
30 780
-
income
7 545
-
53 858
-
health
2 826
-
12 828
-
total
17 215
-
97 744
-
Employer

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

43 753
-
198 581
-
health
2 914
-
13 226
-
pensions
3 872
-
17 575
-
unemployment
26
-
118
-
total
6 812
-
30 919
-
Corporate
178 934
229 500
-
-
income
33 997
43 605
-
-
total
33 997
43 605
-
-
Dividends
144 938
185 895
-
-
withholding
21 741
27 885
-
-
total
21 741
27 885
-
-
Income
229 500
229 500
229 500
229 500
Total tax
79 765
71 490
128 663
123 681
After tax
149 735
158 010
100 837
105 819
Living cost
26 539
26 539
26 539
26 539
Free-cash
123 196
131 471
74 298
79 280

Estimated living cost  is ₽26539 per week

₽18213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96201
₽172832
₽115176
₽48327
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
44 734
social contributions
-
-
-
26 163
total
-
-
-
70 897
Employee
62 268
-
-
-
social contributions
5 106
-
728
-
income
13 735
-
-
-
total
18 841
-
728
-
Employer
62 268
-
-
-
social contributions
87 798
-
12 513
-
total
87 798
-
12 513
-
Corporate
79 435
229 500
-
-
income
17 476
50 490
-
-
total
17 476
50 490
-
-
Dividends
61 959
179 010
-
-
income
13 631
39 382
-
-
total
13 631
39 382
-
-
Income
229 500
229 500
229 500
229 500
Total tax
137 746
89 872
13 241
70 897
After tax
91 754
139 628
216 259
158 603
Living cost
43 427
43 427
43 427
43 427
Free-cash
48 327
96 201
172 832
115 176

Estimated living cost  is ₽43427 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99502
₽70146
₽88330
₽98508
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 500
income
-
-
-
30 383
surtax
-
-
-
-
social contributions

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

-
-
-
79 751
total
-
-
-
110 134
Employee
45 507
-
185 454
-
surtax
-
-
372
-
social contributions
5 006
-
20 401
-
income
9 466
-
63 499
-
total
14 472
-
84 272
-
Employer
45 507
-
185 454
-
social contributions
10 808
-
44 046
-
total
10 808
-
44 046
-
Corporate
173 186
229 500
-
-
income
36 368
48 196
-
-
surtax
-
-
-
-
total
36 368
48 196
-
-
Dividends
136 817
181 304
-
-
withholding
38 308
50 766
-
-
total
38 308
50 766
-
-
Income
229 500
229 500
229 500
229 500
Total tax
99 956
98 962
128 318
110 134
After tax
129 544
130 538
101 182
119 366
Living cost
31 036
31 036
31 036
31 036
Free-cash
98 508
99 502
70 146
88 330

Estimated living cost  is ₽31036 per week

₽23221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
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.
₽5466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67880
₽70035
₽77200
₽74682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
43 771
other
-
-
-
7 114
surtax
-
-
-
-
social contributions
-
-
-
6 538
health
-
-
-
11 427
pensions
-
-
-
35 661
total
-
-
-
104 511
Employee
61 971
-
174 755
-
pensions
7 009
-
13 341
-
surtax
-
-
-
-
social contributions
1 765
-
4 980
-
income
5 407
-
38 609
-
total
14 181
-
56 930
-
Employer
61 971
-
174 755
-
health
4 337
-
17 576
-
pensions
10 183
-
22 245
-
unemployment
2 510
-
7 077
-
social contributions
186
-
524
-
other
2 139
-
7 324
-
total
19 355
-
54 746
-
Corporate
148 174
229 500
-
-
income
41 489
64 261
-
-
surtax
-
-
-
-
total
41 489
64 261
-
-
Dividends
106 686
165 239
-
-
surtax
-
-
-
-
social contributions
18 348
28 420
-
-
withholding
13 656
21 150
-
-
total
32 004
49 570
-
-
Income
229 500
229 500
229 500
229 500
Total tax
107 029
113 831
111 676
104 511
After tax
122 471
115 669
117 824
124 989
Living cost
47 789
47 789
47 789
47 789
Free-cash
74 682
67 880
70 035
77 200

Estimated living cost  is ₽47789 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176807
₽143474
₽137375
₽173484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
11 893
social contributions
-
-
-
50 490
total
-
-
-
62 383
Employee
31 810
-
198 701
-
income
-
-
12 569
-
social contributions
2 067
-
12 916
-
total
2 067
-
25 485
-
Employer
31 810
-
198 701
-
social contributions
4 931
-
30 799
-
total
4 931
-
30 799
-
Corporate
192 760
229 500
-
-
income
19 276
22 951
-
-
total
19 276
22 951
-
-
Dividends
173 484
206 549
-
-
total
-
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
26 274
22 951
56 284
62 383
After tax
203 226
206 549
173 216
167 117
Living cost
29 742
29 742
29 742
29 742
Free-cash
173 484
176 807
143 474
137 375

Estimated living cost  is ₽29742 per week

₽19231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14031
₽14031
₽84531
₽7989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
labour market
-
-
-
18 292
municipal
-
-
-
49 448
national
-
-
-
28 744
pensions
-
-
-
857
total
-
-
-
97 341
Employee
201 026
201 026
201 026
-
municipal
42 807
42 807
42 807
-
labour market
16 059
16 059
16 059
-
pensions
286
286
286
-
national
24 559
24 559
24 559
-
total
83 711
83 711
83 711
-
Employer
201 026
201 026
201 026
-
national
24 602
24 602
24 602
-
labour market
16 082
16 082
16 082
-
pensions
571
571
571
-
municipal
42 875
42 875
42 875
-
total
84 130
84 130
84 130
-
Corporate
14 030
-
-
-
income
3 087
-
-
-
total
3 087
-
-
-
Dividends
10 944
-
-
-
withholding
2 955
-
-
-
total
2 955
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
173 883
167 841
167 841
97 341
After tax
55 617
61 659
61 659
132 159
Living cost
47 628
47 628
47 628
47 628
Free-cash
7 989
14 031
14 031
84 531

Estimated living cost  is ₽47628 per week

₽32597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3147
₽104781
₽134959
₽15256
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
accident
-
-
-
253
income
-
-
-
65 819
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
72 804
Employee
34 194
-
209 807
-
pensions
3 850
-
7 651
-
income
4 691
-
51 616
-
health
3 915
-
24 023
-
total
12 456
-
83 290
-
Employer
34 194
-
209 807
-
pensions
5 560
-
11 048
-
accident
571
-
3 504
-
unemployment
838
-
5 140
-
total
6 969
-
19 692
-
Corporate
188 338
229 500
-
-
income

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

169 504
206 550
-
-
total
169 504
206 550
-
-
Dividends
18 834
22 950
-
-
withholding
3 578
4 360
-
-
total
3 578
4 360
-
-
Income
229 500
229 500
229 500
229 500
Total tax
192 507
210 910
102 982
72 804
After tax
36 993
18 590
126 518
156 696
Living cost
21 737
21 737
21 737
21 737
Free-cash
15 256
-3 147
104 781
134 959

Estimated living cost  is ₽21737 per week

₽15822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102393
₽75729
₽102016
₽105451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 500
health
-
-
-
3 121
municipal
-
-
-
40 749
national
-
-
-
45 627
total
-
-
-
89 497
Employee
52 057
-
193 068
-
municipal
8 526
-
31 424
-
unemployment
781
-
2 895
-
pensions
3 513
-
13 033
-
national
860
-
29 440
-
health
389
-
2 561
-
total
14 069
-
79 353
-
Employer
52 057
-
193 068
-
health
400
-
1 487
-
pensions
9 032
-
33 497
-
accident
53
-
193
-
unemployment
338
-
1 254
-
total
9 823
-
36 431
-
Corporate
167 621
229 500
-
-
income
33 524
45 899
-
-
total
33 524
45 899
-
-
Dividends

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

100 573
137 701
-
-
municipal
18 102
24 787
-
-
national
10 544
18 434
-
-
total
28 646
43 221
-
-
Income
229 500
229 500
229 500
229 500
Total tax
86 062
89 120
115 784
89 497
After tax
143 438
140 380
113 716
140 003
Living cost
37 987
37 987
37 987
37 987
Free-cash
105 451
102 393
75 729
102 016

Estimated living cost  is ₽37987 per week

₽24813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3654
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.
₽8917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144334
₽129321
₽131191
₽138948
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
53 539
social contributions
-
-
-
16 009
health
-
-
-
5 853
total
-
-
-
75 401
Employee
76 083
76 083
216 969
-
social contributions
2 877
6 315
8 517
-
income
8 284
7 043
52 535
-
health
590
1 294
3 688
-
total
11 751
14 652
64 740
-
Employer
76 083
76 083
216 969
-
health
640
1 408
4 014
-
social contributions
2 877
6 315
8 517
-
total
3 517
7 723
12 531
-
Corporate
191 324
145 694
-
-
income
23 916
18 211
-
-
total
23 916
18 211
-
-
Dividends
167 409
127 482
-
-
withholding
28 460
21 672
-
-
total
28 460
21 672
-
-
Income
229 500
229 500
229 500
229 500
Total tax
67 644
62 258
77 271
75 401
After tax
161 856
167 242
152 229
154 099
Living cost
22 908
22 908
22 908
22 908
Free-cash
138 948
144 334
129 321
131 191

Estimated living cost  is ₽22908 per week

₽13729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽174342
₽160237
₽180081
₽169305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
229 500
income
-
-
-
23 807
unemployment
-
-
-
28
health
-
-
-
3 581
pensions
-
-
-
6 294
total
-
-
-
33 710
Employee

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

22 711
-
219 830
-
unemployment
113
-
469
-
pensions
3 406
-
14 082
-
income
1 553
-
21 353
-
health
1 930
-
7 980
-
total
7 002
-
43 884
-
Employer

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

22 711
-
219 830
-
health
976
-
4 037
-
pensions
1 249
-
5 164
-
unemployment
113
-
469
-
total
2 338
-
9 670
-
Corporate
204 451
229 500
-
-
income
18 401
20 654
-
-
total
18 401
20 654
-
-
Dividends
186 050
208 846
-
-
withholding
16 745
18 795
-
-
total
16 745
18 795
-
-
Income
229 500
229 500
229 500
229 500
Total tax
44 486
39 449
53 554
33 710
After tax
185 014
190 051
175 946
195 790
Living cost
15 709
15 709
15 709
15 709
Free-cash
169 305
174 342
160 237
180 081

Estimated living cost  is ₽15709 per week

₽10023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125102
₽96817
₽100968
₽120731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
accident
-
-
-
826
income
-
-
-
73 810
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
101 323
Employee
36 586
-
200 263
-
other
36
-
92
-
unemployment
567
-
1 421
-
pensions
1 720
-
4 311
-
income
7 053
-
70 413
-
total
9 376
-
76 237
-
Employer
36 586
-
200 263
-
pensions
8 633
-
21 644
-
accident
725
-
1 816
-
unemployment
2 013
-
5 043
-
other
293
-
734
-
total
11 664
-
29 237
-
Corporate
181 250
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.

27 188
34 425
-
-
total
27 188
34 425
-
-
Dividends
154 062
195 075
-
-
withholding
33 332
42 764
-
-
total
33 332
42 764
-
-
Income
229 500
229 500
229 500
229 500
Total tax
81 560
77 189
105 474
101 323
After tax
147 940
152 311
124 026
128 177
Living cost
27 209
27 209
27 209
27 209
Free-cash
120 731
125 102
96 817
100 968

Estimated living cost  is ₽27209 per week

₽18365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141273
₽145966
₽146104
₽140956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 027
health
-
-
-
1 023
pensions
-
-
-
1 411
total
-
-
-
81 461
Employee
2 947
-
227 912
-
unemployment
29
-
71
-
pensions
265
-
635
-
income
570
-
78 953
-
health
147
-
353
-
total
1 011
-
80 012
-
Employer
2 947
-
227 912
-
health
280
-
670
-
pensions
324
-
776
-
unemployment
59
-
141
-
total
663
-
1 587
-
Corporate
225 890
229 500
-
-
income
49 696
50 490
-
-
total
49 696
50 490
-
-
Dividends
176 194
179 010
-
-
withholding
35 239
35 802
-
-
total
35 239
35 802
-
-
Income
229 500
229 500
229 500
229 500
Total tax
86 609
86 292
81 599
81 461
After tax
142 891
143 208
147 901
148 039
Living cost
1 935
1 935
1 935
1 935
Free-cash
140 956
141 273
145 966
146 104

Estimated living cost  is ₽1935 per week

₽1150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148704
₽131509
₽131509
₽143835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
229 500
income
-
-
-
53 242
unemployment
-
-
-
1 097
health
-
-
-
7 531
pensions
-
-
-
19 011
total
-
-
-
80 881
Employee

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

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

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

25 801
-
216 412
-
unemployment
194
-
548
-
pensions
3 612
-
10 237
-
income
3 556
-
53 242
-
health
1 329
-
3 766
-
total
8 691
-
67 793
-
Employer

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

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

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

25 801
-
216 412
-
health
1 329
-
3 766
-
pensions
3 096
-
8 774
-
unemployment
194
-
548
-
total
4 619
-
13 088
-
Corporate
199 080
229 500
-
-
income
29 862
34 425
-
-
total
29 862
34 425
-
-
Dividends
169 218
195 075
-
-
withholding
25 383
29 261
-
-
total
25 383
29 261
-
-
Income
229 500
229 500
229 500
229 500
Total tax
68 555
63 686
80 881
80 881
After tax
160 945
165 814
148 619
148 619
Living cost
17 110
17 110
17 110
17 110
Free-cash
143 835
148 704
131 509
131 509

Estimated living cost  is ₽17110 per week

₽11520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
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.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽103863
₽74507
₽92691
₽103507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 500
income
-
-
-
30 383
surtax
-
-
-
-
social contributions

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

-
-
-
79 751
total
-
-
-
110 134
Employee
38 403
-
185 454
-
surtax
-
-
372
-
social contributions
4 225
-
20 401
-
income
7 504
-
63 499
-
total
11 729
-
84 272
-
Employer
38 403
-
185 454
-
social contributions
9 120
-
44 046
-
total
9 120
-
44 046
-
Corporate
181 978
229 500
-
-
income
38 216
48 196
-
-
surtax
-
-
-
-
total
38 216
48 196
-
-
Dividends
143 762
181 304
-
-
withholding
40 253
50 766
-
-
total
40 253
50 766
-
-
Income
229 500
229 500
229 500
229 500
Total tax
99 318
98 962
128 318
110 134
After tax
130 182
130 538
101 182
119 366
Living cost
26 675
26 675
26 675
26 675
Free-cash
103 507
103 863
74 507
92 691

Estimated living cost  is ₽26675 per week

₽18893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117538
₽89253
₽93404
₽111061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
accident
-
-
-
826
income
-
-
-
73 810
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
101 323
Employee
47 786
-
200 263
-
other
47
-
92
-
unemployment
740
-
1 421
-
pensions
2 246
-
4 311
-
income
9 981
-
70 413
-
total
13 014
-
76 237
-
Employer
47 786
-
200 263
-
pensions
11 277
-
21 644
-
accident
946
-
1 816
-
unemployment
2 629
-
5 043
-
other
383
-
734
-
total
15 235
-
29 237
-
Corporate
166 479
229 500
-
-
income

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

24 973
34 425
-
-
total
24 973
34 425
-
-
Dividends
141 506
195 075
-
-
withholding
30 444
42 764
-
-
total
30 444
42 764
-
-
Income
229 500
229 500
229 500
229 500
Total tax
83 666
77 189
105 474
101 323
After tax
145 834
152 311
124 026
128 177
Living cost
34 773
34 773
34 773
34 773
Free-cash
111 061
117 538
89 253
93 404

Estimated living cost  is ₽34773 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽179200
₽178419
₽168823
₽173168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
34 425
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
43 654
Employee
22 540
-
222 719
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
pensions

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

1 979
-
3 035
-
income
2 254
-
22 272
-
health
1 037
-
1 590
-
total
5 518
-
27 277
-
Employer
22 540
-
222 719
-
health
1 555
-
2 385
-
pensions

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

2 484
-
3 809
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
unemployment
135
-
207
-
total
4 422
-
6 781
-
Corporate
202 537
229 500
-
-
income
20 254
22 950
-
-
total
20 254
22 950
-
-
Dividends
182 283
206 550
-
-
withholding
9 115
10 327
-
-
total
9 115
10 327
-
-
Income
229 500
229 500
229 500
229 500
Total tax
39 309
33 277
34 058
43 654
After tax
190 191
196 223
195 442
185 846
Living cost
17 023
17 023
17 023
17 023
Free-cash
173 168
179 200
178 419
168 823

Estimated living cost  is ₽17023 per week

₽11259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
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.
₽4384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79822
₽103239
₽76907
₽92765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 500
income

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

-
-
-
77 063
surtax

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

-
-
-
4 238
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.

-
-
-
6 760
trade
-
-
-
26 332
total
-
-
-
114 393
Employee

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

49 231
-
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.

223
-
4 238
-
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.

4 048
-
77 063
-
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.

6 760
-
6 760
-
total
11 031
-
88 061
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 269
229 500
-
-
income
27 040
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.

1 487
1 893
-
-
chamber of commerce
415
486
-
-
trade
25 868
32 934
-
-
total
54 810
69 738
-
-
Dividends
125 458
159 762
-
-
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.

1 705
2 176
-
-
withholding
30 989
39 564
-
-
total
32 694
41 740
-
-
Income
229 500
229 500
229 500
229 500
Total tax
98 535
111 478
88 061
114 393
After tax
130 965
118 022
141 439
115 107
Living cost
38 200
38 200
38 200
38 200
Free-cash
92 765
79 822
103 239
76 907

Estimated living cost  is ₽38200 per week

₽26351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4110
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.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104287
₽58123
₽58123
₽106472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
75 446
social contributions
-
-
-
39 568
total
-
-
-
115 014
Employee
77 397
-
229 500
-
income
14 604
-
75 446
-
social contributions
6 430
-
39 568
-
total
21 034
-
115 014
-
Employer
77 397
-
229 500
-
total
-
-
-
-
Corporate
152 103
229 500
-
-
income
19 013
28 687
-
-
total
19 013
28 687
-
-
Dividends
133 090
200 813
-
-
withholding
26 618
40 163
-
-
total
26 618
40 163
-
-
Income
229 500
229 500
229 500
229 500
Total tax
66 665
68 850
115 014
115 014
After tax
162 835
160 650
114 486
114 486
Living cost
56 363
56 363
56 363
56 363
Free-cash
106 472
104 287
58 123
58 123

Estimated living cost  is ₽56363 per week

₽42880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108032
₽123893
₽153153
₽111488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
229 500
income
-
-
-
34 425
health

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

-
-
-
6 005
total
-
-
-
40 430
Employee
45 390
-
224 949
-
income
4 925
-
60 588
-
social contributions
4 548
-
4 551
-
total
9 473
-
65 139
-
Employer
45 390
-
224 949
-
social contributions
4 548
-
4 551
-
total
4 548
-
4 551
-
Corporate
179 563
229 500
-
-
income
62 847
80 324
-
-
total
62 847
80 324
-
-
Dividends
116 716
149 176
-
-
social contributions
5 227
5 227
-
-
total
5 227
5 227
-
-
Income
229 500
229 500
229 500
229 500
Total tax
82 095
85 551
69 690
40 430
After tax
147 405
143 949
159 810
189 070
Living cost
35 917
35 917
35 917
35 917
Free-cash
111 488
108 032
123 893
153 153

Estimated living cost  is ₽35917 per week

₽23658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107587
₽90910
₽111372
₽113425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
71 522
pensions
-
-
-
9 986
total
-
-
-
81 508
Employee
50 266
-
199 965
-
pensions
3 837
-
11 875
-
income
9 154
-
57 878
-
health
656
-
2 682
-
total
13 647
-
72 435
-
Employer
50 266
-
199 965
-
health
955
-
3 800
-
pensions
5 078
-
25 735
-
total
6 033
-
29 535
-
Corporate
173 200
229 500
-
-
income

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

32 907
43 605
-
-
total
32 907
43 605
-
-
Dividends
140 293
185 895
-
-
withholding
26 868
41 688
-
-
total
26 868
41 688
-
-
Income
229 500
229 500
229 500
229 500
Total tax
79 455
85 293
101 970
81 508
After tax
150 045
144 207
127 530
147 992
Living cost
36 620
36 620
36 620
36 620
Free-cash
113 425
107 587
90 910
111 372

Estimated living cost  is ₽36620 per week

₽25121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5299
₽102629
₽132807
₽14925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
accident
-
-
-
253
income
-
-
-
65 819
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
72 804
Employee
37 578
-
209 807
-
pensions
4 231
-
7 651
-
income
5 155
-
51 616
-
health
4 303
-
24 023
-
total
13 689
-
83 290
-
Employer
37 578
-
209 807
-
pensions
6 110
-
11 048
-
accident
628
-
3 504
-
unemployment
921
-
5 140
-
total
7 659
-
19 692
-
Corporate
184 264
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.

165 837
206 550
-
-
total
165 837
206 550
-
-
Dividends
18 426
22 950
-
-
withholding
3 501
4 360
-
-
total
3 501
4 360
-
-
Income
229 500
229 500
229 500
229 500
Total tax
190 686
210 910
102 982
72 804
After tax
38 814
18 590
126 518
156 696
Living cost
23 889
23 889
23 889
23 889
Free-cash
14 925
-5 299
102 629
132 807

Estimated living cost  is ₽23889 per week

₽17532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162198
₽155693
₽133931
₽159203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 500
income
-
-
-
38 673
unemployment
-
-
-
1 899
work injury
-
-
-
791
health insurance
-
-
-
11 713
pensions
-
-
-
29 124
total
-
-
-
82 200
Employee

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

21 391
-
229 500
-
health insurance
1 583
-
5 857
-
unemployment
257
-
950
-
work injury
107
-
396
-
pensions
3 936
-
14 562
-
income
2 139
-
38 673
-
total
8 022
-
60 438
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
208 109
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%.

20 811
22 950
-
-
total
20 811
22 950
-
-
Dividends
187 299
206 550
-
-
withholding
28 095
30 983
-
-
total
28 095
30 983
-
-
Income
229 500
229 500
229 500
229 500
Total tax
56 928
53 933
60 438
82 200
After tax
172 572
175 567
169 062
147 300
Living cost
13 369
13 369
13 369
13 369
Free-cash
159 203
162 198
155 693
133 931

Estimated living cost  is ₽13369 per week

₽8282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81469
₽60586
₽68713
₽76966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 521
regional
-
-
-
5 662
municipal
-
-
-
1 620
national
-
-
-
64 567
total
-
-
-
121 370
Employee
83 377
-
229 500
-
municipal
498
-
1 481
-
national
14 090
-
57 943
-
regional
1 259
-
5 149
-
social contributions
28 114
-
64 924
-
total
43 961
-
129 497
-
Employer
83 377
-
229 500
-
total
-
-
-
-
Corporate
146 123
229 500
-
-
municipal
7 043
11 061
-
-
nationa
35 069
55 079
-
-
total
42 112
66 140
-
-
Dividends
104 011
163 360
-
-
withholding
27 044
42 474
-
-
total
27 044
42 474
-
-
Income
229 500
229 500
229 500
229 500
Total tax
113 117
108 614
129 497
121 370
After tax
116 383
120 886
100 003
108 130
Living cost
39 417
39 417
39 417
39 417
Free-cash
76 966
81 469
60 586
68 713

Estimated living cost  is ₽39417 per week

₽27688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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