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
₽87226
₽112315
₽83040
₽97604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
78 062
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.

-
-
-
4 293
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.

-
-
-
6 410
trade
-
-
-
29 275
total
-
-
-
118 040
Employee

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

35 888
-
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.

55
-
4 293
-
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.

1 002
-
78 062
-
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.

6 410
-
6 410
-
total
7 467
-
88 765
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 612
229 500
-
-
income
29 042
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.

1 597
1 893
-
-
chamber of commerce
420
472
-
-
trade
30 495
36 146
-
-
total
61 554
72 936
-
-
Dividends
132 058
156 564
-
-
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.

1 797
2 133
-
-
withholding
32 658
38 785
-
-
total
34 455
40 918
-
-
Income
229 500
229 500
229 500
229 500
Total tax
103 476
113 854
88 765
118 040
After tax
126 024
115 646
140 735
111 460
Living cost
28 420
28 420
28 420
28 420
Free-cash
97 604
87 226
112 315
83 040

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93252
₽81447
₽80215
₽92422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 538
national
-
-
-
43 784
pensions
-
-
-
27 540
total
-
-
-
99 329
Employee
77 442
-
198 401
-
municipal
9 565
-
26 426
-
pensions
3 098
-
7 936
-
national
14 822
-
45 730
-
total
27 485
-
80 092
-
Employer
77 442
-
198 401
-
pensions
6 195
-
15 872
-
social contributions
832
-
2 133
-
total
7 027
-
18 005
-
Corporate
139 919
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%.

27 984
45 900
-
-
total
27 984
45 900
-
-
Dividends
111 936
183 600
-
-
withholding
24 626
40 392
-
-
total
24 626
40 392
-
-
Income
229 500
229 500
229 500
229 500
Total tax
87 122
86 292
98 097
99 329
After tax
142 378
143 208
131 403
130 171
Living cost
49 956
49 956
49 956
49 956
Free-cash
92 422
93 252
81 447
80 215

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164078
₽81230
₽65192
₽156383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 313
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.

-
-
-
35 951
microenterprise
-
-
-
-
total
-
-
-
144 787
Employee
27 418
-
182 487
-
surtax
-
-
26 460
-
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.

3 016
-
12 300
-
income
4 881
-
42 977
-
total
7 897
-
81 737
-
Employer
27 418
-
182 487
-
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.

6 604
-
26 939
-
surtax
-
-
20 073
-
total
6 604
-
47 012
-
Corporate
195 478
229 500
-
-
income

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

39 095
45 901
-
-
total
39 095
45 901
-
-
Dividends

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

156 383
183 599
-
-
total
-
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
53 596
45 901
128 749
144 787
After tax
175 904
183 599
100 751
84 713
Living cost
19 521
19 521
19 521
19 521
Free-cash
156 383
164 078
81 230
65 192

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75274
₽107438
₽82929
₽69525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
84 701
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
107 264
Employee
80 127
80 127
212 062
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
42 755
-
health
12 299
10 461
11 570
-
total
39 838
34 570
65 318
-
Employer
80 127
80 127
212 062
-
health
5 570
5 570
6 921
-
pensions
5 577
5 577
6 932
-
unemployment
2 885
2 885
3 584
-
total
14 032
14 032
17 437
-
Corporate
136 324
135 341
-
-
income
27 265
27 069
-
-
total
27 265
27 069
-
-
Dividends
109 060
108 273
-
-
income
23 175
23 007
-
-
withholding
16 358
16 241
-
-
total
39 533
39 248
-
-
Income
229 500
229 500
229 500
229 500
Total tax
120 668
114 919
82 755
107 264
After tax
108 832
114 581
146 745
122 236
Living cost
39 307
39 307
39 307
39 307
Free-cash
69 525
75 274
107 438
82 929

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87823
₽75504
₽76413
₽86982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
61 340
national
-
-
-
30 464
pensions
-
-
-
8 881
total
-
-
-
115 603
Employee
53 411
-
203 688
-
municipal
15 927
-
60 740
-
national
-
-
29 960
-
total
15 927
-
90 700
-
Employer
53 411
-
203 688
-
health
3 285
-
5 052
-
pensions
5 774
-
8 881
-
accident
107
-
164
-
unemployment
1 410
-
2 169
-
other
6 206
-
9 546
-
total
16 782
-
25 812
-
Corporate
159 307
229 500
-
-
income
35 047
50 490
-
-
total
35 047
50 490
-
-
Dividends
124 259
179 010
-
-
withholding
37 278
53 703
-
-
total
37 278
53 703
-
-
Income
229 500
229 500
229 500
229 500
Total tax
105 034
104 193
116 512
115 603
After tax
124 466
125 307
112 988
113 897
Living cost
37 484
37 484
37 484
37 484
Free-cash
86 982
87 823
75 504
76 413

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
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.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77604
₽103874
₽73298
₽90792
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
78 062
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.

-
-
-
4 293
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.

-
-
-
6 410
trade
-
-
-
30 577
total
-
-
-
119 342
Employee

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

47 583
-
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.

224
-
4 293
-
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.

4 088
-
78 062
-
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.

6 410
-
6 410
-
total
10 722
-
88 765
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 917
229 500
-
-
income
27 288
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.

1 501
1 893
-
-
chamber of commerce
401
468
-
-
trade
29 925
37 752
-
-
total
59 115
74 538
-
-
Dividends
122 802
154 962
-
-
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.

1 668
2 112
-
-
withholding
30 343
38 385
-
-
total
32 011
40 497
-
-
Income
229 500
229 500
229 500
229 500
Total tax
101 848
115 035
88 765
119 342
After tax
127 652
114 465
140 735
110 158
Living cost
36 860
36 860
36 860
36 860
Free-cash
90 792
77 604
103 874
73 298

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
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.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136780
₽121367
₽123214
₽132888
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
54 818
social contributions
-
-
-
15 181
health
-
-
-
5 853
total
-
-
-
75 852
Employee
72 151
72 151
217 401
-
social contributions
3 506
5 988
8 077
-
income
7 576
6 679
53 826
-
health
718
1 227
3 697
-
total
11 800
13 894
65 600
-
Employer
72 151
72 151
217 401
-
health
782
1 335
4 022
-
social contributions
3 506
5 988
8 077
-
total
4 288
7 323
12 099
-
Corporate
182 978
150 025
-
-
income
22 872
18 753
-
-
total
22 872
18 753
-
-
Dividends
160 106
131 272
-
-
withholding
27 218
22 316
-
-
total
27 218
22 316
-
-
Income
229 500
229 500
229 500
229 500
Total tax
66 178
62 286
77 699
75 852
After tax
163 322
167 214
151 801
153 648
Living cost
30 434
30 434
30 434
30 434
Free-cash
132 888
136 780
121 367
123 214

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111965
₽116225
₽142170
₽112314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

24 275
9 661
192 050
-
unemployment
364
145
2 881
-
pensions
2 428
966
19 205
-
income
2 968
1 181
23 478
-
health
1 699
676
13 444
-
total
7 459
2 968
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.

24 275
9 661
192 050
-
pensions
4 734
1 884
37 450
-
total
4 734
1 884
37 450
-
Corporate
200 491
217 955
-
-
income
18 044
19 616
-
-
total
18 044
19 616
-
-
Dividends
182 447
198 339
-
-
social contributions
35 467
38 566
-
-
withholding
34 665
37 684
-
-
total
70 132
76 250
-
-
Income
229 500
229 500
229 500
229 500
Total tax
100 369
100 718
96 458
70 513
After tax
129 131
128 782
133 042
158 987
Living cost
16 817
16 817
16 817
16 817
Free-cash
112 314
111 965
116 225
142 170

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160935
₽109615
₽100348
₽155107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
30 753
health
-
-
-
29 834
pensions
-
-
-
45 901
total
-
-
-
106 488
Employee
26 618
-
171 523
-
unemployment
426
-
2 744
-
pensions
532
-
3 431
-
income
2 997
-
33 069
-
total
3 955
-
39 244
-
Employer
26 618
-
171 523
-
health
3 460
-
22 299
-
pensions
5 324
-
34 305
-
unemployment
214
-
1 373
-
total
8 998
-
57 977
-
Corporate
193 884
229 500
-
-
income
38 776
45 901
-
-
total
38 776
45 901
-
-
Dividends
155 108
183 599
-
-
total
-
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
51 729
45 901
97 221
106 488
After tax
177 771
183 599
132 279
123 012
Living cost
22 664
22 664
22 664
22 664
Free-cash
155 107
160 935
109 615
100 348

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
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.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2358
₽105883
₽135716
₽15377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
66 204
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
72 836
Employee
32 952
-
210 343
-
pensions
3 710
-
7 264
-
income
4 521
-
52 165
-
health
3 773
-
24 084
-
total
12 004
-
83 513
-
Employer
32 952
-
210 343
-
pensions
5 358
-
10 490
-
accident
550
-
3 513
-
unemployment
807
-
5 153
-
total
6 715
-
19 156
-
Corporate
189 832
229 500
-
-
income

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

170 849
206 550
-
-
total
170 849
206 550
-
-
Dividends
18 983
22 950
-
-
withholding
3 607
4 360
-
-
total
3 607
4 360
-
-
Income
229 500
229 500
229 500
229 500
Total tax
193 175
210 910
102 669
72 836
After tax
36 325
18 590
126 831
156 664
Living cost
20 948
20 948
20 948
20 948
Free-cash
15 377
-2 358
105 883
135 716

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽210464
₽176039
₽219644
₽209047
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 500
microenterprise

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

-
-
-
2 295
total
-
-
-
2 295
Employee
9 450
-
229 500
-
income
1 890
-
45 900
-
total
1 890
-
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%.

220 050
229 500
-
-
total
-
-
-
-
Dividends
220 050
229 500
-
-
withholding
11 002
11 475
-
-
total
11 002
11 475
-
-
Income
229 500
229 500
229 500
229 500
Total tax
12 892
11 475
45 900
2 295
After tax
216 608
218 025
183 600
227 205
Living cost
7 561
7 561
7 561
7 561
Free-cash
209 047
210 464
176 039
219 644

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143610
₽113766
₽115619
₽137276
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
41 579
other
-
-
-
6 777
health
-
-
-
6 278
pensions

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

-
-
-
34 245
total
-
-
-
88 879
Employee
34 069
-
193 140
-
unemployment
340
-
1 426
-
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.

2 384
-
9 987
-
income
5 865
-
40 961
-
health
477
-
1 998
-
total
9 066
-
54 372
-
Employer
34 069
-
193 140
-
health
477
-
1 998
-
pensions

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

5 792
-
24 257
-
accident
272
-
1 546
-
unemployment
340
-
1 426
-
other
1 704
-
7 133
-
total
8 585
-
36 360
-
Corporate
186 845
229 500
-
-
income
39 238
48 196
-
-
total
39 238
48 196
-
-
Dividends
147 608
181 304
-
-
withholding
10 333
12 692
-
-
total
10 333
12 692
-
-
Income
229 500
229 500
229 500
229 500
Total tax
67 222
60 888
90 732
88 879
After tax
162 278
168 612
138 768
140 621
Living cost
25 002
25 002
25 002
25 002
Free-cash
137 276
143 610
113 766
115 619

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80598
₽64248
₽84663
₽88146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
72 430
pensions
-
-
-
9 721
total
-
-
-
82 151
Employee
88 691
-
199 884
-
pensions
8 556
-
11 486
-
income
15 987
-
58 818
-
health
1 461
-
2 647
-
total
26 004
-
72 951
-
Employer
88 691
-
199 884
-
health
1 684
-
3 798
-
pensions
10 472
-
25 817
-
total
12 156
-
29 615
-
Corporate
128 653
229 500
-
-
income

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

24 445
43 605
-
-
total
24 445
43 605
-
-
Dividends
104 208
185 895
-
-
withholding
16 063
42 611
-
-
total
16 063
42 611
-
-
Income
229 500
229 500
229 500
229 500
Total tax
78 668
86 216
102 566
82 151
After tax
150 832
143 284
126 934
147 349
Living cost
62 686
62 686
62 686
62 686
Free-cash
88 146
80 598
64 248
84 663

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽183924
₽183721
₽174027
₽179567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
43 174
Employee
16 286
-
223 071
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
22 307
-
health
749
-
1 507
-
total
3 986
-
27 051
-
Employer
16 286
-
223 071
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
210 018
229 500
-
-
income
21 002
22 950
-
-
total
21 002
22 950
-
-
Dividends
189 016
206 550
-
-
withholding
9 451
10 327
-
-
total
9 451
10 327
-
-
Income
229 500
229 500
229 500
229 500
Total tax
37 634
33 277
33 480
43 174
After tax
191 866
196 223
196 020
186 326
Living cost
12 299
12 299
12 299
12 299
Free-cash
179 567
183 924
183 721
174 027

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62551
₽94715
₽70206
₽64913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
84 701
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
107 264
Employee
86 993
80 127
212 062
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
42 755
-
health
10 853
10 461
11 570
-
total
34 962
34 570
65 318
-
Employer
86 993
80 127
212 062
-
health
6 045
5 570
6 921
-
pensions
6 054
5 577
6 932
-
unemployment
3 132
2 885
3 584
-
total
15 231
14 032
17 437
-
Corporate
127 276
135 341
-
-
income
25 456
27 069
-
-
total
25 456
27 069
-
-
Dividends
101 820
108 273
-
-
income
21 636
23 007
-
-
withholding
15 272
16 241
-
-
total
36 908
39 248
-
-
Income
229 500
229 500
229 500
229 500
Total tax
112 557
114 919
82 755
107 264
After tax
116 943
114 581
146 745
122 236
Living cost
52 030
52 030
52 030
52 030
Free-cash
64 913
62 551
94 715
70 206

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135000
₽103687
₽113944
₽126790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 811
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
3 641
health
-
-
-
30 982
total
-
-
-
92 545
Employee
33 839
-
184 542
-
solidarity contribution
-
-
2 721
-
social contributions
2 200
-
7 371
-
income
4 061
-
22 839
-
health
4 568
-
24 913
-
total
10 829
-
57 844
-
Employer
33 839
-
184 542
-
health
3 045
-
16 609
-
social contributions
8 460
-
28 349
-
total
11 505
-
44 958
-
Corporate
184 156
229 500
-
-
income
34 990
43 605
-
-
total
34 990
43 605
-
-
Dividends
149 166
185 895
-
-
withholding
22 375
27 884
-
-
total
22 375
27 884
-
-
Income
229 500
229 500
229 500
229 500
Total tax
79 699
71 489
102 802
92 545
After tax
149 801
158 011
126 698
136 955
Living cost
23 011
23 011
23 011
23 011
Free-cash
126 790
135 000
103 687
113 944

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82855
₽64211
₽72166
₽77956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 962
regional
-
-
-
2 990
municipal
-
-
-
1 460
national
-
-
-
66 329
total
-
-
-
117 741
Employee
83 391
-
229 500
-
municipal
442
-
1 343
-
national
14 450
-
60 049
-
regional
787
-
2 736
-
social contributions
28 119
-
61 568
-
total
43 798
-
125 696
-
Employer
83 391
-
229 500
-
total
-
-
-
-
Corporate
146 109
229 500
-
-
municipal
5 698
8 951
-
-
nationa
35 066
55 080
-
-
total
40 764
64 031
-
-
Dividends
105 346
165 469
-
-
withholding
27 389
43 021
-
-
total
27 389
43 021
-
-
Income
229 500
229 500
229 500
229 500
Total tax
111 951
107 052
125 696
117 741
After tax
117 549
122 448
103 804
111 759
Living cost
39 593
39 593
39 593
39 593
Free-cash
77 956
82 855
64 211
72 166

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123650
₽81314
₽87049
₽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
income
-
-
-
74 730
other
-
-
-
-
surtax
-
-
-
12 865
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
121 746
Employee
31 029
-
203 140
-
other
-
-
-
-
unemployment
2 160
-
8 716
-
pensions
2 069
-
8 353
-
surtax
101
-
11 741
-
income
5 201
-
69 118
-
health
792
-
3 193
-
total
10 323
-
101 121
-
Employer
31 029
-
203 140
-
health
1 412
-
5 698
-
pensions
4 136
-
16 693
-
unemployment
983
-
3 969
-
other
-
-
-
-
total
6 531
-
26 360
-
Corporate
191 940
229 500
-
-
income
49 905
59 670
-
-
total
49 905
59 670
-
-
Dividends
142 034
169 830
-
-
withholding
21 305
25 475
-
-
total
21 305
25 475
-
-
Income
229 500
229 500
229 500
229 500
Total tax
88 064
85 145
127 481
121 746
After tax
141 436
144 355
102 019
107 754
Living cost
20 705
20 705
20 705
20 705
Free-cash
120 731
123 650
81 314
87 049

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
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.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100459
₽84109
₽104524
₽106650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
72 430
pensions
-
-
-
9 721
total
-
-
-
82 151
Employee
59 438
-
199 884
-
pensions
5 045
-
11 486
-
income
10 705
-
58 818
-
health
863
-
2 647
-
total
16 613
-
72 951
-
Employer
59 438
-
199 884
-
health
1 129
-
3 798
-
pensions
6 434
-
25 817
-
total
7 563
-
29 615
-
Corporate
162 498
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.

30 875
43 605
-
-
total
30 875
43 605
-
-
Dividends
131 624
185 895
-
-
withholding
24 974
42 611
-
-
total
24 974
42 611
-
-
Income
229 500
229 500
229 500
229 500
Total tax
80 025
86 216
102 566
82 151
After tax
149 475
143 284
126 934
147 349
Living cost
42 825
42 825
42 825
42 825
Free-cash
106 650
100 459
84 109
104 524

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30858
₽99417
₽107139
₽62559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 175
health
-
-
-
516
city
-
-
-
2 418
national
-
-
-
6 461
pensions
-
-
-
21 115
total
-
-
-
48 275
Employee
86 700
-
206 851
-
unemployment
-
-
-
-
pensions
7 284
-
15 770
-
national
410
-
5 341
-
regional
2 839
-
11 805
-
city
930
-
2 242
-
health
196
-
466
-
total
11 659
-
35 624
-
Employer
86 700
-
206 851
-
health
196
-
466
-
pensions
7 284
-
15 770
-
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.

1 733
-
4 137
-
total
9 213
-
20 373
-
Corporate
132 634
229 500
-
-
regional
28 051
48 539
-
-
national
11 274
19 508
-
-
total
39 325
68 047
-
-
Dividends
93 308
161 454
-
-
withholding
32 658
56 509
-
-
total
32 658
56 509
-
-
Income
229 500
229 500
229 500
229 500
Total tax
92 855
124 556
55 997
48 275
After tax
136 645
104 944
173 503
181 225
Living cost
74 086
74 086
74 086
74 086
Free-cash
62 559
30 858
99 417
107 139

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽70301
₽97751
₽65873
₽85517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
78 062
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.

-
-
-
4 293
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.

-
-
-
6 410
trade
-
-
-
31 878
total
-
-
-
120 643
Employee

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

56 390
-
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.

365
-
4 293
-
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.

6 631
-
78 062
-
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.

6 410
-
6 410
-
total
13 406
-
88 765
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 110
229 500
-
-
income
25 967
34 425
-
-
surtax

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

1 428
1 893
-
-
chamber of commerce
386
465
-
-
trade
29 688
39 359
-
-
total
57 469
76 142
-
-
Dividends
115 640
153 359
-
-
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.

1 570
2 089
-
-
withholding
28 554
37 984
-
-
total
30 124
40 073
-
-
Income
229 500
229 500
229 500
229 500
Total tax
100 999
116 215
88 765
120 643
After tax
128 501
113 285
140 735
108 857
Living cost
42 984
42 984
42 984
42 984
Free-cash
85 517
70 301
97 751
65 873

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83565
₽83996
₽91887
₽89107
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 346
other
-
-
-
7 115
surtax
-
-
-
-
social contributions
-
-
-
6 538
health
-
-
-
11 709
pensions
-
-
-
34 802
total
-
-
-
105 510
Employee
40 158
-
174 249
-
pensions
4 541
-
13 513
-
surtax
-
-
-
-
social contributions
1 145
-
4 966
-
income
2 370
-
39 673
-
total
8 056
-
58 152
-
Employer
40 158
-
174 249
-
health
2 812
-
17 777
-
pensions
6 597
-
22 500
-
unemployment
1 626
-
7 057
-
social contributions
121
-
523
-
other
1 385
-
7 392
-
total
12 541
-
55 249
-
Corporate
176 801
229 500
-
-
income
49 505
64 260
-
-
surtax
-
-
-
-
total
49 505
64 260
-
-
Dividends
127 297
165 240
-
-
surtax
-
-
-
-
social contributions
21 894
28 422
-
-
withholding
16 294
21 150
-
-
total
38 188
49 572
-
-
Income
229 500
229 500
229 500
229 500
Total tax
108 290
113 832
113 401
105 510
After tax
121 210
115 668
116 099
123 990
Living cost
32 103
32 103
32 103
32 103
Free-cash
89 107
83 565
83 996
91 887

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86746
₽87177
₽95068
₽91958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 346
other
-
-
-
7 115
surtax
-
-
-
-
social contributions
-
-
-
6 538
health
-
-
-
11 709
pensions
-
-
-
34 802
total
-
-
-
105 510
Employee
35 847
-
174 249
-
pensions
4 054
-
13 513
-
surtax
-
-
-
-
social contributions
1 022
-
4 966
-
income
1 848
-
39 673
-
total
6 924
-
58 152
-
Employer
35 847
-
174 249
-
health
2 509
-
17 777
-
pensions
5 890
-
22 500
-
unemployment
1 451
-
7 057
-
social contributions
107
-
523
-
other
1 238
-
7 392
-
total
11 195
-
55 249
-
Corporate
182 459
229 500
-
-
income
51 089
64 260
-
-
surtax
-
-
-
-
total
51 089
64 260
-
-
Dividends
131 369
165 240
-
-
surtax
-
-
-
-
social contributions
22 596
28 422
-
-
withholding
16 816
21 150
-
-
total
39 412
49 572
-
-
Income
229 500
229 500
229 500
229 500
Total tax
108 620
113 832
113 401
105 510
After tax
120 880
115 668
116 099
123 990
Living cost
28 922
28 922
28 922
28 922
Free-cash
91 958
86 746
87 177
95 068

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120120
₽120869
₽127489
₽120606
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 672
health
-
-
-
16 018
total
-
-
-
82 115
Employee
31 814
-
229 500
-
social contributions
4 391
-
31 672
-
income
5 306
-
41 045
-
health
2 220
-
16 018
-
total
11 917
-
88 735
-
Employer
31 814
-
229 500
-
total
-
-
-
-
Corporate
197 686
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%.

9 884
11 474
-
-
total
9 884
11 474
-
-
Dividends
187 802
218 026
-
-
social contributions
25 917
30 087
-
-
withholding
28 171
32 704
-
-
health
13 109
15 219
-
-
total
67 197
78 010
-
-
Income
229 500
229 500
229 500
229 500
Total tax
88 998
89 484
88 735
82 115
After tax
140 502
140 016
140 765
147 385
Living cost
19 896
19 896
19 896
19 896
Free-cash
120 606
120 120
120 869
127 489

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
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.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93306
₽26679
₽84208
₽91855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 707
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
919
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
112 230
Employee
46 892
37 393
191 771
-
other
468
374
1 097
-
unemployment
1 407
1 122
3 289
-
pensions
4 802
3 828
11 225
-
income
5 338
2 758
65 126
-
health
1 814
1 448
4 241
-
total
13 829
9 530
84 978
-
Employer
46 892
37 393
191 771
-
chamber of commerce
187
150
767
-
health
1 772
1 414
4 143
-
pensions
5 885
4 694
13 757
-
accident
609
486
1 424
-
unemployment
1 407
1 122
3 289
-
surtax
185
185
185
-
payroll
1 407
1 122
5 753
-
other
2 228
1 775
8 410
-
total
13 680
10 948
37 728
-
Corporate
168 929
181 160
188 209
-
income

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

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

42 233
45 290
47 053
-
total
42 233
45 290
47 053
-
Dividends
126 697
135 870
-
-
withholding
34 841
37 364
-
-
total
34 841
37 364
-
-
Income
229 500
229 500
229 500
229 500
Total tax
104 583
103 132
169 759
112 230
After tax
124 917
126 368
59 741
117 270
Living cost
33 062
33 062
33 062
33 062
Free-cash
91 855
93 306
26 679
84 208

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90701
₽43008
₽65702
₽79935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
12 366
social contributions
-
-
-
23 393
national
-
-
-
93 827
total
-
-
-
129 586
Employee

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

67 117
-
177 755
-
unemployment

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

584
-
1 547
-
communal

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

3 501
-
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.

5 034
-
13 331
-
national
20 635
-
68 035
-
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.

3 153
-
8 355
-
total
32 907
-
100 540
-
Employer

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

67 117
-
177 755
-
health

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

4 127
-
10 931
-
pensions

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

5 947
-
15 749
-
accident

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

872
-
2 309
-
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.

979
-
2 594
-
surtax
7 610
-
20 157
-
total
19 535
-
51 740
-
Corporate
142 846
229 500
-
-
income
28 570
50 530
-
-
surtax
572
1 011
-
-
total
29 142
51 541
-
-
Dividends
113 704
177 958
-
-
withholding

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

33 769
53 046
-
-
total
33 769
53 046
-
-
Income
229 500
229 500
229 500
229 500
Total tax
115 353
104 587
152 280
129 586
After tax
114 147
124 913
77 220
99 914
Living cost
34 212
34 212
34 212
34 212
Free-cash
79 935
90 701
43 008
65 702

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
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.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118315
₽90253
₽94190
₽111888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
75 333
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
101 424
Employee
46 707
-
201 774
-
other
46
-
87
-
unemployment
725
-
1 348
-
pensions
2 195
-
4 088
-
income
9 855
-
72 112
-
total
12 821
-
77 635
-
Employer
46 707
-
201 774
-
pensions
11 022
-
20 525
-
accident
924
-
1 722
-
unemployment
2 569
-
4 783
-
other
372
-
696
-
total
14 887
-
27 726
-
Corporate
167 906
229 500
-
-
income

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

25 187
34 425
-
-
total
25 187
34 425
-
-
Dividends
142 719
195 075
-
-
withholding
30 831
42 874
-
-
total
30 831
42 874
-
-
Income
229 500
229 500
229 500
229 500
Total tax
83 726
77 299
105 361
101 424
After tax
145 774
152 201
124 139
128 076
Living cost
33 886
33 886
33 886
33 886
Free-cash
111 888
118 315
90 253
94 190

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77363
₽64419
₽56106
₽64460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 879
income
-
-
-
45 478
surtax
-
-
-
11 485
health
-
-
-
15 655
pensions
-
-
-
33 401
total
-
-
-
122 403
Employee
71 057
-
205 002
-
pensions
5 684
-
16 399
-
surtax
4 355
-
12 564
-
income
6 863
-
51 505
-
health
3 162
-
9 124
-
total
20 064
-
89 592
-
Employer
71 057
-
205 002
-
health
2 167
-
6 254
-
pensions
5 684
-
16 399
-
accident
639
-
1 845
-
total
8 490
-
24 498
-
Corporate
149 953
229 500
-
-
communal
10 121
15 491
-
-
income
22 493
34 425
-
-
surtax
1 574
2 409
-
-
total
34 188
52 325
-
-
Dividends
115 765
177 175
-
-
income
33 942
22 245
-
-
withholding
17 365
26 576
-
-
total
51 307
48 821
-
-
Income
229 500
229 500
229 500
229 500
Total tax
114 049
101 146
114 090
122 403
After tax
115 451
128 354
115 410
107 097
Living cost
50 991
50 991
50 991
50 991
Free-cash
64 460
77 363
64 419
56 106

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123280
₽80944
₽86679
₽120297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 730
other
-
-
-
-
surtax
-
-
-
12 865
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
121 746
Employee
31 599
-
203 140
-
other
-
-
-
-
unemployment
2 199
-
8 716
-
pensions
2 108
-
8 353
-
surtax
112
-
11 741
-
income
5 297
-
69 118
-
health
807
-
3 193
-
total
10 523
-
101 121
-
Employer
31 599
-
203 140
-
health
1 437
-
5 698
-
pensions
4 213
-
16 693
-
unemployment
1 002
-
3 969
-
other
-
-
-
-
total
6 652
-
26 360
-
Corporate
191 249
229 500
-
-
income
49 725
59 670
-
-
total
49 725
59 670
-
-
Dividends
141 524
169 830
-
-
withholding
21 228
25 475
-
-
total
21 228
25 475
-
-
Income
229 500
229 500
229 500
229 500
Total tax
88 128
85 145
127 481
121 746
After tax
141 372
144 355
102 019
107 754
Living cost
21 075
21 075
21 075
21 075
Free-cash
120 297
123 280
80 944
86 679

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
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.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95353
₽77855
₽85767
₽93272
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 962
regional
-
-
-
3 706
municipal
-
-
-
1 460
national
-
-
-
66 329
total
-
-
-
118 457
Employee
52 049
-
229 500
-
municipal
276
-
1 343
-
national
8 246
-
60 049
-
regional
701
-
3 409
-
social contributions
17 551
-
61 568
-
total
26 774
-
126 369
-
Employer
52 049
-
229 500
-
total
-
-
-
-
Corporate
177 451
229 500
-
-
municipal
8 819
11 407
-
-
nationa
42 589
55 080
-
-
total
51 408
66 487
-
-
Dividends
126 043
163 014
-
-
withholding
32 770
42 384
-
-
total
32 770
42 384
-
-
Income
229 500
229 500
229 500
229 500
Total tax
110 952
108 871
126 369
118 457
After tax
118 548
120 629
103 131
111 043
Living cost
25 276
25 276
25 276
25 276
Free-cash
93 272
95 353
77 855
85 767

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129656
₽98343
₽108600
₽119540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 811
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
3 641
health
-
-
-
30 982
total
-
-
-
92 545
Employee
41 699
-
184 542
-
solidarity contribution
-
-
2 721
-
social contributions
2 710
-
7 371
-
income
5 004
-
22 839
-
health
5 629
-
24 913
-
total
13 343
-
57 844
-
Employer
41 699
-
184 542
-
health
3 753
-
16 609
-
social contributions
10 425
-
28 349
-
total
14 178
-
44 958
-
Corporate
173 624
229 500
-
-
income
32 989
43 605
-
-
total
32 989
43 605
-
-
Dividends
140 635
185 895
-
-
withholding
21 095
27 884
-
-
total
21 095
27 884
-
-
Income
229 500
229 500
229 500
229 500
Total tax
81 605
71 489
102 802
92 545
After tax
147 895
158 011
126 698
136 955
Living cost
28 355
28 355
28 355
28 355
Free-cash
119 540
129 656
98 343
108 600

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96534
₽29850
₽87520
₽96071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 707
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
919
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
112 045
Employee
41 016
37 393
191 943
-
other
410
374
1 097
-
unemployment
1 230
1 122
3 289
-
pensions
4 200
3 828
11 225
-
income
3 654
2 758
65 213
-
health
1 587
1 448
4 241
-
total
11 081
9 530
85 065
-
Employer
41 016
37 393
191 943
-
chamber of commerce
164
150
767
-
health
1 551
1 414
4 143
-
pensions
5 148
4 694
13 757
-
accident
532
486
1 424
-
unemployment
1 230
1 122
3 289
-
surtax
-
-
-
-
payroll
1 230
1 122
5 758
-
other
1 948
1 775
8 417
-
total
11 803
10 763
37 555
-
Corporate
176 680
181 345
188 382
-
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.

44 170
45 336
47 095
-
total
44 170
45 336
47 095
-
Dividends
132 511
136 009
-
-
withholding
36 440
37 402
-
-
total
36 440
37 402
-
-
Income
229 500
229 500
229 500
229 500
Total tax
103 494
103 031
169 715
112 045
After tax
126 006
126 469
59 785
117 455
Living cost
29 935
29 935
29 935
29 935
Free-cash
96 071
96 534
29 850
87 520

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽206243
₽171818
₽215423
₽204034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 727
-
229 500
-
income
2 946
-
45 900
-
total
2 946
-
45 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

214 773
229 500
-
-
total
-
-
-
-
Dividends
214 773
229 500
-
-
withholding
10 738
11 475
-
-
total
10 738
11 475
-
-
Income
229 500
229 500
229 500
229 500
Total tax
13 684
11 475
45 900
2 295
After tax
215 816
218 025
183 600
227 205
Living cost
11 782
11 782
11 782
11 782
Free-cash
204 034
206 243
171 818
215 423

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132844
₽74454
₽79440
₽124994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 055
unemployment
-
-
-
344
health
-
-
-
22 582
pensions
-
-
-
41 912
total
-
-
-
124 893
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.

41 492
-
198 580
-
unemployment
59
-
278
-
pensions
6 432
-
30 780
-
income
7 155
-
55 072
-
health
2 680
-
12 829
-
total
16 326
-
98 959
-
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.

41 492
-
198 580
-
health
2 764
-
13 226
-
pensions
3 672
-
17 575
-
unemployment
25
-
119
-
total
6 461
-
30 920
-
Corporate
181 548
229 500
-
-
income
34 494
43 605
-
-
total
34 494
43 605
-
-
Dividends
147 054
185 895
-
-
withholding
22 058
27 884
-
-
total
22 058
27 884
-
-
Income
229 500
229 500
229 500
229 500
Total tax
79 339
71 489
129 879
124 893
After tax
150 161
158 011
99 621
104 607
Living cost
25 167
25 167
25 167
25 167
Free-cash
124 994
132 844
74 454
79 440

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99548
₽177200
₽118523
₽55365
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
Corporate
91 000
229 500
-
-
income
20 020
50 490
-
-
total
20 020
50 490
-
-
Dividends
70 980
179 010
-
-
income
15 616
39 382
-
-
total
15 616
39 382
-
-
Income
229 500
229 500
229 500
229 500
Total tax
134 055
89 872
12 220
70 897
After tax
95 445
139 628
217 280
158 603
Living cost
40 080
40 080
40 080
40 080
Free-cash
55 365
99 548
177 200
118 523

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101107
₽70746
₽89354
₽100163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 962
surtax
-
-
-
-
social contributions

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

-
-
-
79 752
total
-
-
-
110 714
Employee
43 155
-
185 455
-
surtax
-
-
564
-
social contributions
4 747
-
20 400
-
income
8 976
-
64 313
-
total
13 723
-
85 277
-
Employer
43 155
-
185 455
-
social contributions
10 249
-
44 045
-
total
10 249
-
44 045
-
Corporate
176 096
229 500
-
-
income
36 980
48 196
-
-
surtax
-
-
-
-
total
36 980
48 196
-
-
Dividends
139 116
181 304
-
-
withholding
38 953
50 765
-
-
total
38 953
50 765
-
-
Income
229 500
229 500
229 500
229 500
Total tax
99 905
98 961
129 322
110 714
After tax
129 595
130 539
100 178
118 786
Living cost
29 432
29 432
29 432
29 432
Free-cash
100 163
101 107
70 746
89 354

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70349
₽70780
₽78671
₽76798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 346
other
-
-
-
7 115
surtax
-
-
-
-
social contributions
-
-
-
6 538
health
-
-
-
11 709
pensions
-
-
-
34 802
total
-
-
-
105 510
Employee
58 768
-
174 249
-
pensions
6 647
-
13 513
-
surtax
-
-
-
-
social contributions
1 674
-
4 966
-
income
5 128
-
39 673
-
total
13 449
-
58 152
-
Employer
58 768
-
174 249
-
health
4 113
-
17 777
-
pensions
9 656
-
22 500
-
unemployment
2 381
-
7 057
-
social contributions
176
-
523
-
other
2 028
-
7 392
-
total
18 354
-
55 249
-
Corporate
152 378
229 500
-
-
income
42 665
64 260
-
-
surtax
-
-
-
-
total
42 665
64 260
-
-
Dividends
109 712
165 240
-
-
surtax
-
-
-
-
social contributions
18 871
28 422
-
-
withholding
14 044
21 150
-
-
total
32 915
49 572
-
-
Income
229 500
229 500
229 500
229 500
Total tax
107 383
113 832
113 401
105 510
After tax
122 117
115 668
116 099
123 990
Living cost
45 319
45 319
45 319
45 319
Free-cash
76 798
70 349
70 780
78 671

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178345
₽144700
₽138601
₽175193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
12 203
social contributions
-
-
-
50 491
total
-
-
-
62 694
Employee
30 166
-
198 703
-
income
-
-
12 881
-
social contributions
1 960
-
12 917
-
total
1 960
-
25 798
-
Employer
30 166
-
198 703
-
social contributions
4 676
-
30 797
-
total
4 676
-
30 797
-
Corporate
194 659
229 500
-
-
income
19 466
22 950
-
-
total
19 466
22 950
-
-
Dividends
175 193
206 550
-
-
total
-
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
26 102
22 950
56 595
62 694
After tax
203 398
206 550
172 905
166 806
Living cost
28 205
28 205
28 205
28 205
Free-cash
175 193
178 345
144 700
138 601

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25074
₽25074
₽86457
₽13277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 295
municipal
-
-
-
49 713
national
-
-
-
29 035
pensions
-
-
-
813
total
-
-
-
97 856
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
25 074
-
-
-
income
5 516
-
-
-
total
5 516
-
-
-
Dividends
19 558
-
-
-
withholding
6 281
-
-
-
total
6 281
-
-
-
Income
229 500
229 500
229 500
229 500
Total tax
171 036
159 239
159 239
97 856
After tax
58 464
70 261
70 261
131 644
Living cost
45 187
45 187
45 187
45 187
Free-cash
13 277
25 074
25 074
86 457

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2049
₽106192
₽136025
₽15422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
66 204
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
72 836
Employee
32 466
-
210 343
-
pensions
3 656
-
7 264
-
income
4 454
-
52 165
-
health
3 718
-
24 084
-
total
11 828
-
83 513
-
Employer
32 466
-
210 343
-
pensions
5 279
-
10 490
-
accident
542
-
3 513
-
unemployment
796
-
5 153
-
total
6 617
-
19 156
-
Corporate
190 417
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.

171 376
206 550
-
-
total
171 376
206 550
-
-
Dividends
19 042
22 950
-
-
withholding
3 618
4 360
-
-
total
3 618
4 360
-
-
Income
229 500
229 500
229 500
229 500
Total tax
193 439
210 910
102 669
72 836
After tax
36 061
18 590
126 831
156 664
Living cost
20 639
20 639
20 639
20 639
Free-cash
15 422
-2 049
106 192
136 025

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103576
₽76383
₽102669
₽106690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 143
municipal
-
-
-
40 744
national
-
-
-
46 920
total
-
-
-
90 807
Employee
49 366
-
193 069
-
municipal
8 086
-
31 421
-
unemployment
741
-
2 895
-
pensions
3 332
-
13 032
-
national
816
-
30 732
-
health
369
-
2 582
-
total
13 344
-
80 662
-
Employer
49 366
-
193 069
-
health
379
-
1 487
-
pensions
8 565
-
33 497
-
accident
50
-
192
-
unemployment
321
-
1 255
-
total
9 315
-
36 431
-
Corporate
170 819
229 500
-
-
income
34 165
45 901
-
-
total
34 165
45 901
-
-
Dividends

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

102 491
137 700
-
-
municipal
18 449
24 786
-
-
national
11 513
19 213
-
-
total
29 962
43 999
-
-
Income
229 500
229 500
229 500
229 500
Total tax
86 786
89 900
117 093
90 807
After tax
142 714
139 600
112 407
138 693
Living cost
36 024
36 024
36 024
36 024
Free-cash
106 690
103 576
76 383
102 669

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
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.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145490
₽130077
₽131924
₽140382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
54 818
social contributions
-
-
-
15 181
health
-
-
-
5 853
total
-
-
-
75 852
Employee
72 151
72 151
217 401
-
social contributions
2 728
5 988
8 077
-
income
7 856
6 679
53 826
-
health
559
1 227
3 697
-
total
11 143
13 894
65 600
-
Employer
72 151
72 151
217 401
-
health
607
1 335
4 022
-
social contributions
2 728
5 988
8 077
-
total
3 335
7 323
12 099
-
Corporate
193 298
150 025
-
-
income
24 163
18 753
-
-
total
24 163
18 753
-
-
Dividends
169 135
131 272
-
-
withholding
28 753
22 316
-
-
total
28 753
22 316
-
-
Income
229 500
229 500
229 500
229 500
Total tax
67 394
62 286
77 699
75 852
After tax
162 106
167 214
151 801
153 648
Living cost
21 724
21 724
21 724
21 724
Free-cash
140 382
145 490
130 077
131 924

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
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.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175152
₽162511
₽181331
₽170379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 880
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
33 272
Employee

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

21 537
-
220 330
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
21 554
-
health
1 830
-
7 568
-
total
6 640
-
42 922
-
Employer

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

21 537
-
220 330
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
205 746
229 500
-
-
income
18 517
20 655
-
-
total
18 517
20 655
-
-
Dividends
187 229
208 845
-
-
withholding
16 850
18 796
-
-
total
16 850
18 796
-
-
Income
229 500
229 500
229 500
229 500
Total tax
44 224
39 451
52 092
33 272
After tax
185 276
190 049
177 408
196 228
Living cost
14 897
14 897
14 897
14 897
Free-cash
170 379
175 152
162 511
181 331

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126399
₽98337
₽102274
₽122255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
75 333
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
101 424
Employee
34 695
-
201 774
-
other
34
-
87
-
unemployment
538
-
1 348
-
pensions
1 631
-
4 088
-
income
6 689
-
72 112
-
total
8 892
-
77 635
-
Employer
34 695
-
201 774
-
pensions
8 187
-
20 525
-
accident
687
-
1 722
-
unemployment
1 909
-
4 783
-
other
278
-
696
-
total
11 061
-
27 726
-
Corporate
183 744
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.

27 562
34 425
-
-
total
27 562
34 425
-
-
Dividends
156 182
195 075
-
-
withholding
33 928
42 874
-
-
total
33 928
42 874
-
-
Income
229 500
229 500
229 500
229 500
Total tax
81 443
77 299
105 361
101 424
After tax
148 057
152 201
124 139
128 076
Living cost
25 802
25 802
25 802
25 802
Free-cash
122 255
126 399
98 337
102 274

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141308
₽146024
₽146159
₽140996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 050
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
81 441
Employee
2 894
-
227 941
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
78 977
-
health
145
-
347
-
total
994
-
80 017
-
Employer
2 894
-
227 941
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
225 954
229 500
-
-
income
49 710
50 490
-
-
total
49 710
50 490
-
-
Dividends
176 244
179 010
-
-
withholding
35 249
35 802
-
-
total
35 249
35 802
-
-
Income
229 500
229 500
229 500
229 500
Total tax
86 604
86 292
81 576
81 441
After tax
142 896
143 208
147 924
148 059
Living cost
1 900
1 900
1 900
1 900
Free-cash
140 996
141 308
146 024
146 159

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
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.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149618
₽133679
₽133679
₽145009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 463
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
79 625
Employee

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

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

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

24 423
-
217 111
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
53 463
-
health
1 258
-
3 564
-
total
8 227
-
67 236
-
Employer

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

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

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

24 423
-
217 111
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
200 705
229 500
-
-
income
30 106
34 425
-
-
total
30 106
34 425
-
-
Dividends
170 599
195 075
-
-
withholding
25 590
29 261
-
-
total
25 590
29 261
-
-
Income
229 500
229 500
229 500
229 500
Total tax
68 295
63 686
79 625
79 625
After tax
161 205
165 814
149 875
149 875
Living cost
16 196
16 196
16 196
16 196
Free-cash
145 009
149 618
133 679
133 679

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105243
₽74882
₽93490
₽104905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 962
surtax
-
-
-
-
social contributions

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

-
-
-
79 752
total
-
-
-
110 714
Employee
36 418
-
185 455
-
surtax
-
-
564
-
social contributions
4 006
-
20 400
-
income
7 116
-
64 313
-
total
11 122
-
85 277
-
Employer
36 418
-
185 455
-
social contributions
8 648
-
44 045
-
total
8 648
-
44 045
-
Corporate
184 434
229 500
-
-
income
38 732
48 196
-
-
surtax
-
-
-
-
total
38 732
48 196
-
-
Dividends
145 702
181 304
-
-
withholding
40 797
50 765
-
-
total
40 797
50 765
-
-
Income
229 500
229 500
229 500
229 500
Total tax
99 299
98 961
129 322
110 714
After tax
130 201
130 539
100 178
118 786
Living cost
25 296
25 296
25 296
25 296
Free-cash
104 905
105 243
74 882
93 490

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119225
₽91163
₽95100
₽113085
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
75 333
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
101 424
Employee
45 316
-
201 774
-
other
45
-
87
-
unemployment
702
-
1 348
-
pensions
2 130
-
4 088
-
income
9 465
-
72 112
-
total
12 342
-
77 635
-
Employer
45 316
-
201 774
-
pensions
10 694
-
20 525
-
accident
897
-
1 722
-
unemployment
2 493
-
4 783
-
other
363
-
696
-
total
14 447
-
27 726
-
Corporate
169 736
229 500
-
-
income

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

25 461
34 425
-
-
total
25 461
34 425
-
-
Dividends
144 275
195 075
-
-
withholding
31 189
42 874
-
-
total
31 189
42 874
-
-
Income
229 500
229 500
229 500
229 500
Total tax
83 439
77 299
105 361
101 424
After tax
146 061
152 201
124 139
128 076
Living cost
32 976
32 976
32 976
32 976
Free-cash
113 085
119 225
91 163
95 100

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽180086
₽179883
₽170189
₽174367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
43 174
Employee
21 368
-
223 071
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
22 307
-
health
983
-
1 507
-
total
5 231
-
27 051
-
Employer
21 368
-
223 071
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
203 940
229 500
-
-
income
20 394
22 950
-
-
total
20 394
22 950
-
-
Dividends
183 546
206 550
-
-
withholding
9 178
10 327
-
-
total
9 178
10 327
-
-
Income
229 500
229 500
229 500
229 500
Total tax
38 996
33 277
33 480
43 174
After tax
190 504
196 223
196 020
186 326
Living cost
16 137
16 137
16 137
16 137
Free-cash
174 367
180 086
179 883
170 189

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81781
₽104510
₽77836
₽94056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
78 062
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.

-
-
-
4 293
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.

-
-
-
6 410
trade
-
-
-
26 674
total
-
-
-
115 439
Employee

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

46 686
-
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.

212
-
4 293
-
income

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

3 839
-
78 062
-
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.

6 410
-
6 410
-
total
10 461
-
88 765
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 814
229 500
-
-
income
27 421
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.

1 508
1 893
-
-
chamber of commerce
411
479
-
-
trade
26 234
32 932
-
-
total
55 574
69 729
-
-
Dividends
127 239
159 771
-
-
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.

1 731
2 178
-
-
withholding
31 453
39 587
-
-
total
33 184
41 765
-
-
Income
229 500
229 500
229 500
229 500
Total tax
99 219
111 494
88 765
115 439
After tax
130 281
118 006
140 735
114 061
Living cost
36 225
36 225
36 225
36 225
Free-cash
94 056
81 781
104 510
77 836

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107201
₽59983
₽59983
₽109270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 290
social contributions
-
-
-
39 777
total
-
-
-
116 067
Employee
73 396
-
229 500
-
income
13 850
-
76 290
-
social contributions
6 098
-
39 777
-
total
19 948
-
116 067
-
Employer
73 396
-
229 500
-
total
-
-
-
-
Corporate
156 104
229 500
-
-
income
19 514
28 687
-
-
total
19 514
28 687
-
-
Dividends
136 590
200 813
-
-
withholding
27 318
40 162
-
-
total
27 318
40 162
-
-
Income
229 500
229 500
229 500
229 500
Total tax
66 780
68 849
116 067
116 067
After tax
162 720
160 651
113 433
113 433
Living cost
53 450
53 450
53 450
53 450
Free-cash
109 270
107 201
59 983
59 983

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110157
₽125200
₽155327
₽113436
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 687
total
-
-
-
40 112
Employee
43 044
-
225 184
-
income
4 671
-
61 607
-
social contributions
4 313
-
4 316
-
total
8 984
-
65 923
-
Employer
43 044
-
225 184
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
182 143
229 500
-
-
income
63 749
80 325
-
-
total
63 749
80 325
-
-
Dividends
118 394
149 175
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
229 500
229 500
229 500
229 500
Total tax
82 003
85 282
70 239
40 112
After tax
147 497
144 218
159 261
189 388
Living cost
34 061
34 061
34 061
34 061
Free-cash
113 436
110 157
125 200
155 327

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108469
₽92119
₽112534
₽114021
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 500
income
-
-
-
72 430
pensions
-
-
-
9 721
total
-
-
-
82 151
Employee
47 789
-
199 884
-
pensions
3 648
-
11 486
-
income
8 703
-
58 818
-
health
623
-
2 647
-
total
12 974
-
72 951
-
Employer
47 789
-
199 884
-
health
908
-
3 798
-
pensions
4 828
-
25 817
-
total
5 736
-
29 615
-
Corporate
175 974
229 500
-
-
income

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

33 434
43 605
-
-
total
33 434
43 605
-
-
Dividends
142 540
185 895
-
-
withholding
28 520
42 611
-
-
total
28 520
42 611
-
-
Income
229 500
229 500
229 500
229 500
Total tax
80 664
86 216
102 566
82 151
After tax
148 836
143 284
126 934
147 349
Living cost
34 815
34 815
34 815
34 815
Free-cash
114 021
108 469
92 119
112 534

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4092
₽104149
₽133982
₽15111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
66 204
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
72 836
Employee
35 680
-
210 343
-
pensions
4 018
-
7 264
-
income
4 895
-
52 165
-
health
4 085
-
24 084
-
total
12 998
-
83 513
-
Employer
35 680
-
210 343
-
pensions
5 801
-
10 490
-
accident
596
-
3 513
-
unemployment
874
-
5 153
-
total
7 271
-
19 156
-
Corporate
186 549
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.

167 894
206 550
-
-
total
167 894
206 550
-
-
Dividends
18 655
22 950
-
-
withholding
3 544
4 360
-
-
total
3 544
4 360
-
-
Income
229 500
229 500
229 500
229 500
Total tax
191 707
210 910
102 669
72 836
After tax
37 793
18 590
126 831
156 664
Living cost
22 682
22 682
22 682
22 682
Free-cash
15 111
-4 092
104 149
133 982

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162891
₽157376
₽136740
₽160052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 810
unemployment
-
-
-
1 801
work injury
-
-
-
750
health insurance
-
-
-
11 106
pensions
-
-
-
27 616
total
-
-
-
80 083
Employee

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

20 283
-
229 500
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
38 810
-
total
7 605
-
59 447
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
209 217
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%.

20 922
22 950
-
-
total
20 922
22 950
-
-
Dividends
188 295
206 550
-
-
withholding
28 244
30 982
-
-
total
28 244
30 982
-
-
Income
229 500
229 500
229 500
229 500
Total tax
56 771
53 932
59 447
80 083
After tax
172 729
175 568
170 053
149 417
Living cost
12 677
12 677
12 677
12 677
Free-cash
160 052
162 891
157 376
136 740

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83506
₽63712
₽71420
₽79236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 962
regional
-
-
-
5 765
municipal
-
-
-
1 644
national
-
-
-
66 329
total
-
-
-
120 700
Employee
79 067
-
229 500
-
municipal
472
-
1 512
-
national
13 362
-
60 049
-
regional
1 194
-
5 279
-
social contributions
26 661
-
61 568
-
total
41 689
-
128 408
-
Employer
79 067
-
229 500
-
total
-
-
-
-
Corporate
150 433
229 500
-
-
municipal
7 251
11 061
-
-
nationa
36 104
55 080
-
-
total
43 355
66 141
-
-
Dividends
107 078
163 359
-
-
withholding
27 840
42 473
-
-
total
27 840
42 473
-
-
Income
229 500
229 500
229 500
229 500
Total tax
112 884
108 614
128 408
120 700
After tax
116 616
120 886
101 092
108 800
Living cost
37 380
37 380
37 380
37 380
Free-cash
79 236
83 506
63 712
71 420

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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