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
₽ 230500
per

Your estimated
City
free-cash

Dresden , Germany
₽82871
₽111853
₽96940
₽85880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 500
trade
-
-
-
28 982
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.

-
-
-
6 831
income

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

-
-
-
77 280
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.

-
-
-
4 250
total
-
-
-
117 343
Employee

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

38 244
-
230 500
-
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.

59
-
4 250
-
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.

1 068
-
77 280
-
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.

6 831
-
6 831
-
total
7 958
-
88 361
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 256
230 500
-
-
trade
30 280
36 304
-
-
surtax

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

1 586
1 901
-
-
income
28 838
34 576
-
-
chamber of commerce
429
484
-
-
total
61 133
73 265
-
-
Dividends
131 123
157 235
-
-
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.

1 782
2 140
-
-
withholding
32 401
38 929
-
-
total
34 183
41 069
-
-
Income
230 500
230 500
230 500
230 500
Total tax
103 274
114 334
88 361
117 343
After tax
127 226
116 166
142 139
113 157
Living cost
30 286
30 286
30 286
30 286
Free-cash
96 940
85 880
111 853
82 871

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80383
₽81620
₽92550
₽93390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
social contributions
-
-
-
2 478
municipal
-
-
-
25 642
national
-
-
-
43 895
pensions
-
-
-
27 660
total
-
-
-
99 675
Employee
78 195
-
199 265
-
pensions
3 128
-
7 971
-
national
14 966
-
45 849
-
municipal
9 658
-
26 535
-
total
27 752
-
80 355
-
Employer
78 195
-
199 265
-
pensions
6 256
-
15 941
-
social contributions
841
-
2 142
-
total
7 097
-
18 083
-
Corporate
140 048
230 500
-
-
income

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

28 010
46 100
-
-
total
28 010
46 100
-
-
Dividends
112 039
184 400
-
-
withholding
24 649
40 568
-
-
total
24 649
40 568
-
-
Income
230 500
230 500
230 500
230 500
Total tax
87 508
86 668
98 438
99 675
After tax
142 992
143 832
132 062
130 825
Living cost
50 442
50 442
50 442
50 442
Free-cash
92 550
93 390
81 620
80 383

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63411
₽79706
₽155396
₽163599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 500
social contributions

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

-
-
-
38 310
income
-
-
-
49 199
microenterprise
-
-
-
-
surtax
-
-
-
58 778
total
-
-
-
146 287
Employee
29 217
-
181 796
-
income
5 201
-
41 820
-
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.

3 214
-
13 108
-
surtax
-
-
26 360
-
total
8 415
-
81 288
-
Employer
29 217
-
181 796
-
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.

7 038
-
28 707
-
surtax
-
-
19 997
-
total
7 038
-
48 704
-
Corporate
194 245
230 500
-
-
income

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

38 849
46 099
-
-
total
38 849
46 099
-
-
Dividends

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

155 396
184 401
-
-
total
-
-
-
-
Income
230 500
230 500
230 500
230 500
Total tax
54 302
46 099
129 992
146 287
After tax
176 198
184 401
100 508
84 213
Living cost
20 802
20 802
20 802
20 802
Free-cash
155 396
163 599
79 706
63 411

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81585
₽105519
₽66917
₽73043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
health
-
-
-
12 330
income
-
-
-
82 983
pensions
-
-
-
11 715
total
-
-
-
107 028
Employee
85 386
85 386
211 918
-
income

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

13 976
13 976
40 467
-
pensions
15 370
11 715
11 715
-
health
13 106
11 148
12 330
-
total
42 452
36 839
64 512
-
Employer
85 386
85 386
211 918
-
pensions
5 943
5 943
7 387
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 820
-
total
14 952
14 952
18 582
-
Corporate
131 209
130 162
-
-
income
26 242
26 031
-
-
total
26 242
26 031
-
-
Dividends
104 967
104 130
-
-
withholding
15 745
15 620
-
-
income
22 305
22 128
-
-
total
38 050
37 748
-
-
Income
230 500
230 500
230 500
230 500
Total tax
121 696
115 570
83 094
107 028
After tax
108 804
114 930
147 406
123 472
Living cost
41 887
41 887
41 887
41 887
Free-cash
66 917
73 043
105 519
81 585

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76163
₽75230
₽86543
₽87405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
other
-
-
-
9 792
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
61 456
health
-
-
-
5 258
national
-
-
-
30 022
pensions
-
-
-
9 109
total
-
-
-
115 889
Employee
54 785
-
204 024
-
national
-
-
29 506
-
municipal
16 337
-
60 840
-
total
16 337
-
90 346
-
Employer
54 785
-
204 024
-
pensions
5 922
-
9 109
-
other
6 366
-
9 792
-
accident
110
-
168
-
health
3 369
-
5 182
-
unemployment
1 446
-
2 225
-
total
17 213
-
26 476
-
Corporate
158 502
230 500
-
-
income
34 870
50 710
-
-
total
34 870
50 710
-
-
Dividends
123 631
179 790
-
-
withholding
37 089
53 937
-
-
total
37 089
53 937
-
-
Income
230 500
230 500
230 500
230 500
Total tax
105 509
104 647
116 822
115 889
After tax
124 991
125 853
113 678
114 611
Living cost
38 448
38 448
38 448
38 448
Free-cash
86 543
87 405
75 230
76 163

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72589
₽102859
₽89750
₽75701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 500
trade
-
-
-
30 270
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.

-
-
-
6 831
income

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

-
-
-
77 280
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.

-
-
-
4 250
total
-
-
-
118 631
Employee

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

50 706
-
230 500
-
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.

239
-
4 250
-
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.

4 357
-
77 280
-
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.

6 831
-
6 831
-
total
11 427
-
88 361
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 794
230 500
-
-
trade
29 576
37 917
-
-
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.

1 484
1 901
-
-
income
26 969
34 576
-
-
chamber of commerce
408
480
-
-
total
58 437
74 874
-
-
Dividends
121 357
155 626
-
-
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.

1 647
2 119
-
-
withholding
29 959
38 526
-
-
total
31 606
40 645
-
-
Income
230 500
230 500
230 500
230 500
Total tax
101 470
115 519
88 361
118 631
After tax
129 030
114 981
142 139
111 869
Living cost
39 280
39 280
39 280
39 280
Free-cash
89 750
75 701
102 859
72 589

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122392
₽120514
₽131397
₽135545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
social contributions
-
-
-
16 178
health
-
-
-
5 878
income
-
-
-
53 621
total
-
-
-
75 677
Employee
76 887
76 887
217 863
-
income
8 074
7 117
52 607
-
social contributions
3 736
6 381
8 607
-
health
765
1 307
3 704
-
total
12 575
14 805
64 918
-
Employer
76 887
76 887
217 863
-
health
833
1 423
4 030
-
social contributions
3 736
6 381
8 607
-
total
4 569
7 804
12 637
-
Corporate
180 925
145 809
-
-
income
22 616
18 225
-
-
total
22 616
18 225
-
-
Dividends
158 309
127 584
-
-
withholding
26 912
21 690
-
-
total
26 912
21 690
-
-
Income
230 500
230 500
230 500
230 500
Total tax
66 672
62 524
77 555
75 677
After tax
163 828
167 976
152 945
154 823
Living cost
32 431
32 431
32 431
32 431
Free-cash
131 397
135 545
120 514
122 392

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽141443
₽115387
₽111513
₽111134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
unemployment
-
-
-
3 457
health
-
-
-
16 135
income
-
-
-
28 179
pensions
-
-
-
23 050
total
-
-
-
70 821
Employee

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
192 887
-
income
3 218
1 281
23 580
-
pensions
2 632
1 048
19 289
-
unemployment
395
157
2 893
-
health
1 843
733
13 502
-
total
8 088
3 219
59 264
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
192 887
-
pensions
5 133
2 043
37 613
-
total
5 133
2 043
37 613
-
Corporate
199 044
217 981
-
-
income
17 914
19 618
-
-
total
17 914
19 618
-
-
Dividends
181 130
198 363
-
-
social contributions
35 201
38 561
-
-
withholding
34 415
37 689
-
-
total
69 616
76 250
-
-
Income
230 500
230 500
230 500
230 500
Total tax
100 751
101 130
96 877
70 821
After tax
129 749
129 370
133 623
159 679
Living cost
18 236
18 236
18 236
18 236
Free-cash
111 513
111 134
115 387
141 443

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99398
₽108705
₽154039
₽160250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
health
-
-
-
29 965
income
-
-
-
30 887
pensions
-
-
-
46 099
total
-
-
-
106 951
Employee
28 365
-
172 272
-
income
3 193
-
33 213
-
pensions
567
-
3 446
-
unemployment
453
-
2 757
-
total
4 213
-
39 416
-
Employer
28 365
-
172 272
-
pensions
5 673
-
34 454
-
health
3 687
-
22 396
-
unemployment
228
-
1 378
-
total
9 588
-
58 228
-
Corporate
192 547
230 500
-
-
income
38 509
46 099
-
-
total
38 509
46 099
-
-
Dividends
154 038
184 401
-
-
total
-
-
-
-
Income
230 500
230 500
230 500
230 500
Total tax
52 310
46 099
97 644
106 951
After tax
178 190
184 401
132 856
123 549
Living cost
24 151
24 151
24 151
24 151
Free-cash
154 039
160 250
108 705
99 398

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135458
₽105224
₽15309
-₽3243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
66 190
pensions
-
-
-
4 145
total
-
-
-
73 128
Employee
34 472
-
210 839
-
income
4 729
-
51 962
-
pensions
3 882
-
7 599
-
health
3 947
-
24 141
-
total
12 558
-
83 702
-
Employer
34 472
-
210 839
-
pensions
5 605
-
10 974
-
accident
575
-
3 521
-
unemployment
845
-
5 165
-
total
7 025
-
19 660
-
Corporate
189 003
230 500
-
-
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.

170 103
207 450
-
-
total
170 103
207 450
-
-
Dividends
18 900
23 050
-
-
withholding
3 591
4 379
-
-
total
3 591
4 379
-
-
Income
230 500
230 500
230 500
230 500
Total tax
193 277
211 829
103 362
73 128
After tax
37 223
18 671
127 138
157 372
Living cost
21 914
21 914
21 914
21 914
Free-cash
15 309
-3 243
105 224
135 458

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
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.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽219184
₽175389
₽208275
₽209964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
230 500
microenterprise

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

-
-
-
2 305
total
-
-
-
2 305
Employee
11 263
-
230 500
-
income
2 252
-
46 100
-
total
2 252
-
46 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

219 237
230 500
-
-
total
-
-
-
-
Dividends
219 237
230 500
-
-
withholding
10 962
11 525
-
-
total
10 962
11 525
-
-
Income
230 500
230 500
230 500
230 500
Total tax
13 214
11 525
46 100
2 305
After tax
217 286
218 975
184 400
228 195
Living cost
9 011
9 011
9 011
9 011
Free-cash
208 275
209 964
175 389
219 184

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112661
₽110769
₽135953
₽142705
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
other
-
-
-
7 222
health
-
-
-
6 690
income
-
-
-
40 792
pensions

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

-
-
-
36 492
total
-
-
-
91 196
Employee
36 305
-
191 866
-
income
6 250
-
40 162
-
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.

2 541
-
10 643
-
unemployment
362
-
1 520
-
health
509
-
2 129
-
total
9 662
-
54 454
-
Employer
36 305
-
191 866
-
pensions

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

6 172
-
25 849
-
other
1 816
-
7 601
-
accident
290
-
1 535
-
health
509
-
2 129
-
unemployment
362
-
1 520
-
total
9 149
-
38 634
-
Corporate
185 045
230 500
-
-
income
38 860
48 405
-
-
total
38 860
48 405
-
-
Dividends
146 185
182 095
-
-
withholding
10 233
12 747
-
-
total
10 233
12 747
-
-
Income
230 500
230 500
230 500
230 500
Total tax
67 904
61 152
93 088
91 196
After tax
162 596
169 348
137 412
139 304
Living cost
26 643
26 643
26 643
26 643
Free-cash
135 953
142 705
110 769
112 661

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81588
₽61021
₽85971
₽77874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
income
-
-
-
71 544
pensions
-
-
-
10 115
total
-
-
-
81 659
Employee
95 153
-
200 861
-
income
17 152
-
57 833
-
pensions
9 180
-
12 050
-
health
1 568
-
2 704
-
total
27 900
-
72 587
-
Employer
95 153
-
200 861
-
pensions
11 235
-
25 823
-
health
1 807
-
3 816
-
total
13 042
-
29 639
-
Corporate
122 305
230 500
-
-
income

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

23 238
43 794
-
-
total
23 238
43 794
-
-
Dividends
99 067
186 706
-
-
withholding
13 096
41 579
-
-
total
13 096
41 579
-
-
Income
230 500
230 500
230 500
230 500
Total tax
77 276
85 373
102 226
81 659
After tax
153 224
145 127
128 274
148 841
Living cost
67 253
67 253
67 253
67 253
Free-cash
85 971
77 874
61 021
81 588

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
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.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽173494
₽183121
₽179327
₽183971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
34 575
pensions

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

-
-
-
5 168
total
-
-
-
43 899
Employee
17 356
-
223 649
-
income
1 735
-
22 365
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
27 421
-
Employer
17 356
-
223 649
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
209 738
230 500
-
-
income
20 974
23 050
-
-
total
20 974
23 050
-
-
Dividends
188 764
207 450
-
-
withholding
9 438
10 372
-
-
total
9 438
10 372
-
-
Income
230 500
230 500
230 500
230 500
Total tax
38 066
33 422
34 272
43 899
After tax
192 434
197 078
196 228
186 601
Living cost
13 107
13 107
13 107
13 107
Free-cash
179 327
183 971
183 121
173 494

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68027
₽91961
₽62001
₽59485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
health
-
-
-
12 330
income
-
-
-
82 983
pensions
-
-
-
11 715
total
-
-
-
107 028
Employee
92 702
85 386
211 918
-
income

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

13 976
13 976
40 467
-
pensions
11 715
11 715
11 715
-
health
11 565
11 148
12 330
-
total
37 256
36 839
64 512
-
Employer
92 702
85 386
211 918
-
pensions
6 451
5 943
7 387
-
health
6 442
5 935
7 375
-
unemployment
3 338
3 074
3 820
-
total
16 231
14 952
18 582
-
Corporate
121 567
130 162
-
-
income
24 314
26 031
-
-
total
24 314
26 031
-
-
Dividends
97 253
104 130
-
-
withholding
14 588
15 620
-
-
income
20 665
22 128
-
-
total
35 253
37 748
-
-
Income
230 500
230 500
230 500
230 500
Total tax
113 054
115 570
83 094
107 028
After tax
117 446
114 930
147 406
123 472
Living cost
55 445
55 445
55 445
55 445
Free-cash
62 001
59 485
91 961
68 027

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112838
₽102638
₽126121
₽134687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
social contributions
-
-
-
34 552
health
-
-
-
31 118
income
-
-
-
24 725
solidarity contribution
-
-
-
3 255
total
-
-
-
93 650
Employee
35 311
-
184 328
-
income
4 237
-
22 763
-
solidarity contribution
-
-
2 340
-
social contributions
2 295
-
7 691
-
health
4 767
-
24 884
-
total
11 299
-
57 678
-
Employer
35 311
-
184 328
-
health
3 178
-
16 590
-
social contributions
8 828
-
29 582
-
total
12 006
-
46 172
-
Corporate
183 183
230 500
-
-
income
34 805
43 795
-
-
total
34 805
43 795
-
-
Dividends
148 378
186 705
-
-
withholding
22 257
28 006
-
-
total
22 257
28 006
-
-
Income
230 500
230 500
230 500
230 500
Total tax
80 367
71 801
103 850
93 650
After tax
150 133
158 699
126 650
136 850
Living cost
24 012
24 012
24 012
24 012
Free-cash
126 121
134 687
102 638
112 838

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69242
₽60767
₽75568
₽80788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
social contributions
-
-
-
50 044
municipal
-
-
-
1 444
national
-
-
-
64 636
regional
-
-
-
2 942
total
-
-
-
119 066
Employee
88 864
-
230 500
-
national
15 398
-
57 943
-
social contributions
29 965
-
65 609
-
municipal
471
-
1 319
-
regional
838
-
2 670
-
total
46 672
-
127 541
-
Employer
88 864
-
230 500
-
total
-
-
-
-
Corporate
141 636
230 500
-
-
nationa
33 993
55 321
-
-
municipal
5 524
8 990
-
-
total
39 517
64 311
-
-
Dividends
102 119
166 189
-
-
withholding
26 551
43 209
-
-
total
26 551
43 209
-
-
Income
230 500
230 500
230 500
230 500
Total tax
112 740
107 520
127 541
119 066
After tax
117 760
122 980
102 959
111 434
Living cost
42 192
42 192
42 192
42 192
Free-cash
75 568
80 788
60 767
69 242

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86293
₽80183
₽119808
₽122920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
73 307
surtax
-
-
-
12 444
pensions
-
-
-
26 690
total
-
-
-
122 143
Employee
33 066
-
202 410
-
income
5 543
-
67 326
-
pensions
2 205
-
8 901
-
unemployment
2 302
-
9 288
-
health
844
-
3 402
-
other
-
-
-
-
surtax
108
-
11 246
-
total
11 002
-
100 163
-
Employer
33 066
-
202 410
-
pensions
4 408
-
17 789
-
other
-
-
-
-
health
1 505
-
6 072
-
unemployment
1 047
-
4 229
-
total
6 960
-
28 090
-
Corporate
190 474
230 500
-
-
income
49 524
59 930
-
-
total
49 524
59 930
-
-
Dividends
140 950
170 570
-
-
withholding
21 142
25 586
-
-
total
21 142
25 586
-
-
Income
230 500
230 500
230 500
230 500
Total tax
88 628
85 516
128 253
122 143
After tax
141 872
144 984
102 247
108 357
Living cost
22 064
22 064
22 064
22 064
Free-cash
119 808
122 920
80 183
86 293

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102895
₽82328
₽105824
₽99181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
income
-
-
-
71 544
pensions
-
-
-
10 115
total
-
-
-
81 659
Employee
63 769
-
200 861
-
income
11 485
-
57 833
-
pensions
5 413
-
12 050
-
health
926
-
2 704
-
total
17 824
-
72 587
-
Employer
63 769
-
200 861
-
pensions
6 903
-
25 823
-
health
1 211
-
3 816
-
total
8 114
-
29 639
-
Corporate
158 616
230 500
-
-
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.

30 137
43 794
-
-
total
30 137
43 794
-
-
Dividends
128 480
186 706
-
-
withholding
22 655
41 579
-
-
total
22 655
41 579
-
-
Income
230 500
230 500
230 500
230 500
Total tax
78 730
85 373
102 226
81 659
After tax
151 770
145 127
128 274
148 841
Living cost
45 946
45 946
45 946
45 946
Free-cash
105 824
99 181
82 328
102 895

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽106719
₽98730
₽62160
₽29821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
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.

-
-
-
4 610
health
-
-
-
518
city
-
-
-
2 430
national
-
-
-
6 310
regional
-
-
-
13 126
pensions
-
-
-
21 206
total
-
-
-
48 200
Employee
88 449
-
207 670
-
pensions
7 431
-
15 924
-
national
419
-
5 241
-
unemployment
-
-
-
-
city
949
-
2 250
-
health
200
-
468
-
regional
2 896
-
11 760
-
total
11 895
-
35 643
-
Employer
88 449
-
207 670
-
pensions
7 431
-
15 924
-
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.

1 768
-
4 154
-
health
200
-
468
-
unemployment
-
-
-
-
total
9 399
-
20 546
-
Corporate
131 679
230 500
-
-
regional
27 850
48 751
-
-
national
11 193
19 592
-
-
total
39 043
68 343
-
-
Dividends
92 636
162 156
-
-
withholding
32 422
56 755
-
-
total
32 422
56 755
-
-
Income
230 500
230 500
230 500
230 500
Total tax
92 759
125 098
56 189
48 200
After tax
137 741
105 402
174 311
182 300
Living cost
75 581
75 581
75 581
75 581
Free-cash
62 160
29 821
98 730
106 719

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64775
₽96334
₽84204
₽67991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 500
trade
-
-
-
31 559
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.

-
-
-
6 831
income

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

-
-
-
77 280
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.

-
-
-
4 250
total
-
-
-
119 920
Employee

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

60 091
-
230 500
-
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.

389
-
4 250
-
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.

7 066
-
77 280
-
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.

6 831
-
6 831
-
total
14 286
-
88 361
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 409
230 500
-
-
trade
29 225
39 530
-
-
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.

1 406
1 901
-
-
income
25 561
34 576
-
-
chamber of commerce
391
476
-
-
total
56 583
76 483
-
-
Dividends
113 826
154 017
-
-
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.

1 545
2 097
-
-
withholding
28 077
38 124
-
-
total
29 622
40 221
-
-
Income
230 500
230 500
230 500
230 500
Total tax
100 491
116 704
88 361
119 920
After tax
130 009
113 796
142 139
110 580
Living cost
45 805
45 805
45 805
45 805
Free-cash
84 204
67 991
96 334
64 775

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91440
₽84338
₽87868
₽81962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
other
-
-
-
7 146
social contributions
-
-
-
6 567
health
-
-
-
11 446
income
-
-
-
43 774
surtax
-
-
-
-
pensions
-
-
-
35 918
total
-
-
-
104 851
Employee
42 794
-
175 572
-
income
2 526
-
38 647
-
pensions
4 839
-
13 377
-
social contributions
1 220
-
5 004
-
surtax
-
-
-
-
total
8 585
-
57 028
-
Employer
42 794
-
175 572
-
pensions
7 030
-
22 311
-
other
1 476
-
7 348
-
health
2 996
-
17 629
-
unemployment
1 732
-
7 110
-
social contributions
129
-
527
-
total
13 363
-
54 925
-
Corporate
174 342
230 500
-
-
surtax
-
-
-
-
income
48 816
64 541
-
-
total
48 816
64 541
-
-
Dividends
125 526
165 959
-
-
surtax
-
-
-
-
social contributions
21 591
28 546
-
-
withholding
16 068
21 242
-
-
total
37 659
49 788
-
-
Income
230 500
230 500
230 500
230 500
Total tax
108 423
114 329
111 953
104 851
After tax
122 077
116 171
118 547
125 649
Living cost
34 209
34 209
34 209
34 209
Free-cash
87 868
81 962
84 338
91 440

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94829
₽87727
₽90906
₽85351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
other
-
-
-
7 146
social contributions
-
-
-
6 567
health
-
-
-
11 446
income
-
-
-
43 774
surtax
-
-
-
-
pensions
-
-
-
35 918
total
-
-
-
104 851
Employee
38 199
-
175 572
-
income
1 970
-
38 647
-
pensions
4 321
-
13 377
-
social contributions
1 089
-
5 004
-
surtax
-
-
-
-
total
7 380
-
57 028
-
Employer
38 199
-
175 572
-
pensions
6 277
-
22 311
-
other
1 319
-
7 348
-
health
2 674
-
17 629
-
unemployment
1 546
-
7 110
-
social contributions
114
-
527
-
total
11 930
-
54 925
-
Corporate
180 371
230 500
-
-
surtax
-
-
-
-
income
50 503
64 541
-
-
total
50 503
64 541
-
-
Dividends
129 868
165 959
-
-
surtax
-
-
-
-
social contributions
22 337
28 546
-
-
withholding
16 624
21 242
-
-
total
38 961
49 788
-
-
Income
230 500
230 500
230 500
230 500
Total tax
108 774
114 329
111 953
104 851
After tax
121 726
116 171
118 547
125 649
Living cost
30 820
30 820
30 820
30 820
Free-cash
90 906
85 351
87 727
94 829

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126824
₽120473
₽119945
₽119425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
social contributions
-
-
-
31 809
health
-
-
-
16 089
income
-
-
-
34 576
total
-
-
-
82 474
Employee
33 902
-
230 500
-
income
5 654
-
40 927
-
social contributions
4 679
-
31 809
-
health
2 366
-
16 089
-
total
12 699
-
88 825
-
Employer
33 902
-
230 500
-
total
-
-
-
-
Corporate
196 598
230 500
-
-
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%.

9 831
11 525
-
-
total
9 831
11 525
-
-
Dividends
186 767
218 975
-
-
social contributions
25 773
30 219
-
-
health
13 036
15 284
-
-
withholding
28 014
32 845
-
-
total
66 823
78 348
-
-
Income
230 500
230 500
230 500
230 500
Total tax
89 353
89 873
88 825
82 474
After tax
141 147
140 627
141 675
148 026
Living cost
21 202
21 202
21 202
21 202
Free-cash
119 945
119 425
120 473
126 824

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
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.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82760
₽25138
₽90237
₽91787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
chamber of commerce
-
-
-
922
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
74 711
surtax
-
-
-
197
pensions
-
-
-
21 610
total
-
-
-
112 508
Employee
49 970
39 847
191 251
-
income
5 689
2 939
62 861
-
pensions
5 117
4 080
11 962
-
unemployment
1 499
1 195
3 505
-
health
1 934
1 543
4 520
-
other
499
398
1 169
-
total
14 738
10 155
84 017
-
Employer
49 970
39 847
191 251
-
pensions
6 271
5 002
14 660
-
other
2 374
1 892
8 451
-
accident
649
518
1 518
-
health
1 888
1 507
4 415
-
payroll
1 499
1 195
5 738
-
chamber of commerce
199
159
765
-
unemployment
1 499
1 195
3 505
-
surtax
197
197
197
-
total
14 576
11 665
39 249
-
Corporate
165 954
178 987
187 456
-
income

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

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

41 488
44 746
46 864
-
total
41 488
44 746
46 864
-
Dividends
124 465
134 241
-
-
withholding
34 229
36 915
-
-
total
34 229
36 915
-
-
Income
230 500
230 500
230 500
230 500
Total tax
105 031
103 481
170 130
112 508
After tax
125 469
127 019
60 370
117 992
Living cost
35 232
35 232
35 232
35 232
Free-cash
90 237
91 787
25 138
82 760

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63825
₽41661
₽77346
₽89724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
social contributions
-
-
-
24 929
communal

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

-
-
-
12 334
national
-
-
-
92 955
total
-
-
-
130 218
Employee

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

71 523
-
178 530
-
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.

5 364
-
13 390
-
national
21 989
-
67 766
-
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.

622
-
1 554
-
communal

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

3 730
-
9 311
-
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.

3 360
-
8 391
-
total
35 065
-
100 412
-
Employer

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

71 523
-
178 530
-
pensions

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

6 338
-
15 817
-
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.

930
-
2 321
-
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.

4 398
-
10 979
-
unemployment

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

1 044
-
2 607
-
surtax
8 110
-
20 246
-
total
20 820
-
51 970
-
Corporate
138 158
230 500
-
-
surtax
552
996
-
-
income
27 631
49 767
-
-
total
28 183
50 763
-
-
Dividends
109 975
179 737
-
-
withholding

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

32 629
53 556
-
-
total
32 629
53 556
-
-
Income
230 500
230 500
230 500
230 500
Total tax
116 697
104 319
152 382
130 218
After tax
113 803
126 181
78 118
100 282
Living cost
36 457
36 457
36 457
36 457
Free-cash
77 346
89 724
41 661
63 825

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92637
₽88441
₽110027
₽116876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
73 949
pensions
-
-
-
26 227
total
-
-
-
101 753
Employee
49 772
-
200 954
-
income
10 502
-
70 517
-
pensions
2 340
-
4 357
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 663
-
76 403
-
Employer
49 772
-
200 954
-
pensions
11 745
-
21 872
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 097
-
total
15 865
-
29 546
-
Corporate
164 863
230 500
-
-
income

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

24 730
34 576
-
-
total
24 730
34 576
-
-
Dividends
140 133
195 924
-
-
withholding
30 105
42 938
-
-
total
30 105
42 938
-
-
Income
230 500
230 500
230 500
230 500
Total tax
84 363
77 514
105 949
101 753
After tax
146 137
152 986
124 551
128 747
Living cost
36 110
36 110
36 110
36 110
Free-cash
110 027
116 876
88 441
92 637

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53536
₽62724
₽61957
₽75709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
accident
-
-
-
1 943
health
-
-
-
16 195
income
-
-
-
43 945
communal
-
-
-
14 567
surtax
-
-
-
11 427
pensions
-
-
-
34 549
total
-
-
-
122 626
Employee
75 721
-
205 895
-
income
7 314
-
50 582
-
pensions
6 057
-
16 472
-
health
3 370
-
9 161
-
surtax
4 641
-
12 618
-
total
21 382
-
88 833
-
Employer
75 721
-
205 895
-
pensions
6 057
-
16 472
-
accident
681
-
1 854
-
health
2 309
-
6 279
-
total
9 047
-
24 605
-
Corporate
145 732
230 500
-
-
communal
9 837
15 559
-
-
surtax
1 529
2 421
-
-
income
21 859
34 576
-
-
total
33 225
52 556
-
-
Dividends
112 507
177 944
-
-
withholding
16 876
26 692
-
-
income
33 675
21 205
-
-
total
50 551
47 897
-
-
Income
230 500
230 500
230 500
230 500
Total tax
114 205
100 453
113 438
122 626
After tax
116 295
130 047
117 062
107 874
Living cost
54 338
54 338
54 338
54 338
Free-cash
61 957
75 709
62 724
53 536

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85898
₽79788
₽119346
₽122525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
73 307
surtax
-
-
-
12 444
pensions
-
-
-
26 690
total
-
-
-
122 143
Employee
33 673
-
202 410
-
income
5 645
-
67 326
-
pensions
2 247
-
8 901
-
unemployment
2 343
-
9 288
-
health
860
-
3 402
-
other
-
-
-
-
surtax
120
-
11 246
-
total
11 215
-
100 163
-
Employer
33 673
-
202 410
-
pensions
4 489
-
17 789
-
other
-
-
-
-
health
1 531
-
6 072
-
unemployment
1 068
-
4 229
-
total
7 088
-
28 090
-
Corporate
189 738
230 500
-
-
income
49 332
59 930
-
-
total
49 332
59 930
-
-
Dividends
140 406
170 570
-
-
withholding
21 060
25 586
-
-
total
21 060
25 586
-
-
Income
230 500
230 500
230 500
230 500
Total tax
88 695
85 516
128 253
122 143
After tax
141 805
144 984
102 247
108 357
Living cost
22 459
22 459
22 459
22 459
Free-cash
119 346
122 525
79 788
85 898

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
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.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83778
₽75346
₽92001
₽94221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
social contributions
-
-
-
50 044
municipal
-
-
-
1 444
national
-
-
-
64 636
regional
-
-
-
3 663
total
-
-
-
119 787
Employee
55 465
-
230 500
-
national
8 787
-
57 943
-
social contributions
18 703
-
65 609
-
municipal
294
-
1 319
-
regional
747
-
3 348
-
total
28 531
-
128 219
-
Employer
55 465
-
230 500
-
total
-
-
-
-
Corporate
175 035
230 500
-
-
nationa
42 008
55 321
-
-
municipal
8 700
11 455
-
-
total
50 708
66 776
-
-
Dividends
124 327
163 724
-
-
withholding
32 325
42 568
-
-
total
32 325
42 568
-
-
Income
230 500
230 500
230 500
230 500
Total tax
111 564
109 344
128 219
119 787
After tax
118 936
121 156
102 281
110 713
Living cost
26 935
26 935
26 935
26 935
Free-cash
92 001
94 221
75 346
83 778

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107261
₽97061
₽118555
₽129110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
social contributions
-
-
-
34 552
health
-
-
-
31 118
income
-
-
-
24 725
solidarity contribution
-
-
-
3 255
total
-
-
-
93 650
Employee
43 513
-
184 328
-
income
5 222
-
22 763
-
solidarity contribution
-
-
2 340
-
social contributions
2 828
-
7 691
-
health
5 874
-
24 884
-
total
13 924
-
57 678
-
Employer
43 513
-
184 328
-
health
3 916
-
16 590
-
social contributions
10 878
-
29 582
-
total
14 794
-
46 172
-
Corporate
172 193
230 500
-
-
income
32 717
43 795
-
-
total
32 717
43 795
-
-
Dividends
139 476
186 705
-
-
withholding
20 921
28 006
-
-
total
20 921
28 006
-
-
Income
230 500
230 500
230 500
230 500
Total tax
82 356
71 801
103 850
93 650
After tax
148 144
158 699
126 650
136 850
Living cost
29 589
29 589
29 589
29 589
Free-cash
118 555
129 110
97 061
107 261

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86289
₽28518
₽94728
₽95224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
chamber of commerce
-
-
-
922
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
74 711
surtax
-
-
-
-
pensions
-
-
-
21 610
total
-
-
-
112 311
Employee
43 708
39 847
191 433
-
income
3 894
2 939
62 949
-
pensions
4 476
4 080
11 962
-
unemployment
1 311
1 195
3 505
-
health
1 691
1 543
4 520
-
other
436
398
1 169
-
total
11 808
10 155
84 105
-
Employer
43 708
39 847
191 433
-
pensions
5 486
5 002
14 660
-
other
2 076
1 892
8 459
-
accident
567
518
1 518
-
health
1 653
1 507
4 415
-
payroll
1 311
1 195
5 744
-
chamber of commerce
175
159
767
-
unemployment
1 311
1 195
3 505
-
surtax
-
-
-
-
total
12 579
11 468
39 068
-
Corporate
174 214
179 185
187 638
-
income

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

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

43 553
44 796
46 909
-
total
43 553
44 796
46 909
-
Dividends
130 661
134 389
-
-
withholding
35 932
36 957
-
-
total
35 932
36 957
-
-
Income
230 500
230 500
230 500
230 500
Total tax
103 872
103 376
170 082
112 311
After tax
126 628
127 124
60 418
118 189
Living cost
31 900
31 900
31 900
31 900
Free-cash
94 728
95 224
28 518
86 289

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽214154
₽170359
₽202300
₽204934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
230 500
microenterprise

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

-
-
-
2 305
total
-
-
-
2 305
Employee
17 552
-
230 500
-
income
3 511
-
46 100
-
total
3 511
-
46 100
-
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%.

212 948
230 500
-
-
total
-
-
-
-
Dividends
212 948
230 500
-
-
withholding
10 648
11 525
-
-
total
10 648
11 525
-
-
Income
230 500
230 500
230 500
230 500
Total tax
14 159
11 525
46 100
2 305
After tax
216 341
218 975
184 400
228 195
Living cost
14 041
14 041
14 041
14 041
Free-cash
202 300
204 934
170 359
214 154

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79608
₽74604
₽123516
₽131880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 500
unemployment
-
-
-
345
health
-
-
-
22 681
income
-
-
-
58 952
pensions
-
-
-
42 095
total
-
-
-
124 073
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.

44 215
-
199 448
-
income
7 625
-
53 948
-
pensions
6 854
-
30 914
-
unemployment
63
-
279
-
health
2 856
-
12 884
-
total
17 398
-
98 025
-
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.

44 215
-
199 448
-
pensions
3 913
-
17 650
-
health
2 945
-
13 282
-
unemployment
27
-
120
-
total
6 885
-
31 052
-
Corporate
179 401
230 500
-
-
income
34 086
43 796
-
-
total
34 086
43 796
-
-
Dividends
145 314
186 704
-
-
withholding
21 796
28 005
-
-
total
21 796
28 005
-
-
Income
230 500
230 500
230 500
230 500
Total tax
80 165
71 801
129 077
124 073
After tax
150 335
158 699
101 423
106 427
Living cost
26 819
26 819
26 819
26 819
Free-cash
123 516
131 880
74 604
79 608

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116254
₽174338
₽49749
₽97196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
social contributions
-
-
-
26 277
income
-
-
-
44 929
total
-
-
-
71 206
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
81 770
230 500
-
-
income
17 989
50 710
-
-
total
17 989
50 710
-
-
Dividends
63 781
179 790
-
-
income
14 032
39 554
-
-
total
14 032
39 554
-
-
Income
230 500
230 500
230 500
230 500
Total tax
137 711
90 264
13 122
71 206
After tax
92 789
140 236
217 378
159 294
Living cost
43 040
43 040
43 040
43 040
Free-cash
49 749
97 196
174 338
116 254

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
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.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88591
₽70383
₽98738
₽99745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 500
social contributions

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

-
-
-
80 098
income
-
-
-
30 448
surtax
-
-
-
-
total
-
-
-
110 546
Employee
45 987
-
186 262
-
income
9 565
-
63 678
-
social contributions
5 059
-
20 489
-
surtax
-
-
349
-
total
14 624
-
84 516
-
Employer
45 987
-
186 262
-
social contributions
10 922
-
44 238
-
total
10 922
-
44 238
-
Corporate
173 591
230 500
-
-
surtax
-
-
-
-
income
36 454
48 405
-
-
total
36 454
48 405
-
-
Dividends
137 137
182 095
-
-
withholding
38 399
50 987
-
-
total
38 399
50 987
-
-
Income
230 500
230 500
230 500
230 500
Total tax
100 399
99 392
128 754
110 546
After tax
130 101
131 108
101 746
119 954
Living cost
31 363
31 363
31 363
31 363
Free-cash
98 738
99 745
70 383
88 591

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77356
₽70254
₽74752
₽67878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
other
-
-
-
7 146
social contributions
-
-
-
6 567
health
-
-
-
11 446
income
-
-
-
43 774
surtax
-
-
-
-
pensions
-
-
-
35 918
total
-
-
-
104 851
Employee
62 625
-
175 572
-
income
5 464
-
38 647
-
pensions
7 083
-
13 377
-
social contributions
1 784
-
5 004
-
surtax
-
-
-
-
total
14 331
-
57 028
-
Employer
62 625
-
175 572
-
pensions
10 290
-
22 311
-
other
2 161
-
7 348
-
health
4 383
-
17 629
-
unemployment
2 537
-
7 110
-
social contributions
188
-
527
-
total
19 559
-
54 925
-
Corporate
148 316
230 500
-
-
surtax
-
-
-
-
income
41 528
64 541
-
-
total
41 528
64 541
-
-
Dividends
106 788
165 959
-
-
surtax
-
-
-
-
social contributions
18 368
28 546
-
-
withholding
13 669
21 242
-
-
total
32 037
49 788
-
-
Income
230 500
230 500
230 500
230 500
Total tax
107 455
114 329
111 953
104 851
After tax
123 045
116 171
118 547
125 649
Living cost
48 293
48 293
48 293
48 293
Free-cash
74 752
67 878
70 254
77 356

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137827
₽143952
₽174035
₽177393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
social contributions
-
-
-
50 710
income
-
-
-
11 907
total
-
-
-
62 617
Employee
32 145
-
199 567
-
social contributions
2 089
-
12 971
-
income
-
-
12 588
-
total
2 089
-
25 559
-
Employer
32 145
-
199 567
-
social contributions
4 983
-
30 933
-
total
4 983
-
30 933
-
Corporate
193 372
230 500
-
-
income
19 337
23 051
-
-
total
19 337
23 051
-
-
Dividends
174 035
207 449
-
-
total
-
-
-
-
Income
230 500
230 500
230 500
230 500
Total tax
26 409
23 051
56 492
62 617
After tax
204 091
207 449
174 008
167 883
Living cost
30 056
30 056
30 056
30 056
Free-cash
174 035
177 393
143 952
137 827

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84635
₽12576
₽7160
₽12576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
municipal
-
-
-
49 627
national
-
-
-
28 830
labour market
-
-
-
18 371
pensions
-
-
-
867
total
-
-
-
97 695
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
12 577
-
-
-
income
2 767
-
-
-
total
2 767
-
-
-
Dividends
9 810
-
-
-
withholding
2 649
-
-
-
total
2 649
-
-
-
Income
230 500
230 500
230 500
230 500
Total tax
175 170
169 754
169 754
97 695
After tax
55 330
60 746
60 746
132 805
Living cost
48 170
48 170
48 170
48 170
Free-cash
7 160
12 576
12 576
84 635

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135781
₽105547
₽15359
-₽2920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
66 190
pensions
-
-
-
4 145
total
-
-
-
73 128
Employee
33 964
-
210 839
-
income
4 659
-
51 962
-
pensions
3 825
-
7 599
-
health
3 889
-
24 141
-
total
12 373
-
83 702
-
Employer
33 964
-
210 839
-
pensions
5 522
-
10 974
-
accident
567
-
3 521
-
unemployment
832
-
5 165
-
total
6 921
-
19 660
-
Corporate
189 615
230 500
-
-
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.

170 653
207 450
-
-
total
170 653
207 450
-
-
Dividends
18 961
23 050
-
-
withholding
3 603
4 379
-
-
total
3 603
4 379
-
-
Income
230 500
230 500
230 500
230 500
Total tax
193 550
211 829
103 362
73 128
After tax
36 950
18 671
127 138
157 372
Living cost
21 591
21 591
21 591
21 591
Free-cash
15 359
-2 920
105 547
135 781

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102381
₽75980
₽105761
₽102669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
230 500
municipal
-
-
-
40 927
health
-
-
-
3 133
national
-
-
-
45 671
total
-
-
-
89 731
Employee
52 606
-
193 909
-
pensions
3 550
-
13 089
-
national
869
-
29 413
-
municipal
8 616
-
31 561
-
unemployment
789
-
2 909
-
health
393
-
2 569
-
total
14 217
-
79 541
-
Employer
52 606
-
193 909
-
pensions
9 127
-
33 644
-
accident
53
-
194
-
health
404
-
1 493
-
unemployment
342
-
1 260
-
total
9 926
-
36 591
-
Corporate
167 968
230 500
-
-
income
33 593
46 099
-
-
total
33 593
46 099
-
-
Dividends

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

100 781
138 301
-
-
municipal
18 140
24 895
-
-
national
10 475
18 449
-
-
total
28 615
43 344
-
-
Income
230 500
230 500
230 500
230 500
Total tax
86 351
89 443
116 132
89 731
After tax
144 149
141 057
114 368
140 769
Living cost
38 388
38 388
38 388
38 388
Free-cash
105 761
102 669
75 980
102 381

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131673
₽129795
₽139383
₽144826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
social contributions
-
-
-
16 178
health
-
-
-
5 878
income
-
-
-
53 621
total
-
-
-
75 677
Employee
76 887
76 887
217 863
-
income
8 372
7 117
52 607
-
social contributions
2 907
6 381
8 607
-
health
596
1 307
3 704
-
total
11 875
14 805
64 918
-
Employer
76 887
76 887
217 863
-
health
647
1 423
4 030
-
social contributions
2 907
6 381
8 607
-
total
3 554
7 804
12 637
-
Corporate
191 921
145 809
-
-
income
23 990
18 225
-
-
total
23 990
18 225
-
-
Dividends
167 932
127 584
-
-
withholding
28 548
21 690
-
-
total
28 548
21 690
-
-
Income
230 500
230 500
230 500
230 500
Total tax
67 967
62 524
77 555
75 677
After tax
162 533
167 976
152 945
154 823
Living cost
23 150
23 150
23 150
23 150
Free-cash
139 383
144 826
129 795
131 673

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽180718
₽160661
₽169916
₽175002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
230 500
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
23 901
pensions
-
-
-
6 360
total
-
-
-
33 907
Employee

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

22 951
-
220 728
-
income
1 569
-
21 423
-
pensions
3 442
-
14 231
-
unemployment
114
-
474
-
health
1 951
-
8 064
-
total
7 076
-
44 192
-
Employer

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

22 951
-
220 728
-
pensions
1 262
-
5 218
-
health
987
-
4 080
-
unemployment
114
-
474
-
total
2 363
-
9 772
-
Corporate
205 187
230 500
-
-
income
18 466
20 745
-
-
total
18 466
20 745
-
-
Dividends
186 721
209 755
-
-
withholding
16 804
18 878
-
-
total
16 804
18 878
-
-
Income
230 500
230 500
230 500
230 500
Total tax
44 709
39 623
53 964
33 907
After tax
185 791
190 877
176 536
196 593
Living cost
15 875
15 875
15 875
15 875
Free-cash
169 916
175 002
160 661
180 718

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101251
₽97055
₽121076
₽125490
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
73 949
pensions
-
-
-
26 227
total
-
-
-
101 753
Employee
36 972
-
200 954
-
income
7 128
-
70 517
-
pensions
1 738
-
4 357
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 475
-
76 403
-
Employer
36 972
-
200 954
-
pensions
8 725
-
21 872
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 097
-
total
11 787
-
29 546
-
Corporate
181 741
230 500
-
-
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.

27 261
34 576
-
-
total
27 261
34 576
-
-
Dividends
154 480
195 924
-
-
withholding
33 405
42 938
-
-
total
33 405
42 938
-
-
Income
230 500
230 500
230 500
230 500
Total tax
81 928
77 514
105 949
101 753
After tax
148 572
152 986
124 551
128 747
Living cost
27 496
27 496
27 496
27 496
Free-cash
121 076
125 490
97 055
101 251

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145479
₽145283
₽140644
₽141094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
health
-
-
-
1 448
income
-
-
-
78 838
pensions
-
-
-
1 997
total
-
-
-
82 283
Employee
4 171
-
228 253
-
income
807
-
78 733
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
80 231
-
Employer
4 171
-
228 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
225 391
230 500
-
-
income
49 586
50 710
-
-
total
49 586
50 710
-
-
Dividends
175 805
179 790
-
-
withholding
35 161
35 958
-
-
total
35 161
35 958
-
-
Income
230 500
230 500
230 500
230 500
Total tax
87 118
86 668
82 479
82 283
After tax
143 382
143 832
148 021
148 217
Living cost
2 738
2 738
2 738
2 738
Free-cash
140 644
141 094
145 283
145 479

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131825
₽131825
₽144323
₽149243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 500
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
53 448
pensions
-
-
-
19 214
total
-
-
-
81 382
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.

26 076
-
217 272
-
income
3 594
-
53 448
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
68 154
-
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.

26 076
-
217 272
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
199 756
230 500
-
-
income
29 963
34 575
-
-
total
29 963
34 575
-
-
Dividends
169 793
195 925
-
-
withholding
25 469
29 389
-
-
total
25 469
29 389
-
-
Income
230 500
230 500
230 500
230 500
Total tax
68 884
63 964
81 382
81 382
After tax
161 616
166 536
149 118
149 118
Living cost
17 293
17 293
17 293
17 293
Free-cash
144 323
149 243
131 825
131 825

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92998
₽74790
₽103794
₽104152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 500
social contributions

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

-
-
-
80 098
income
-
-
-
30 448
surtax
-
-
-
-
total
-
-
-
110 546
Employee
38 808
-
186 262
-
income
7 583
-
63 678
-
social contributions
4 269
-
20 489
-
surtax
-
-
349
-
total
11 852
-
84 516
-
Employer
38 808
-
186 262
-
social contributions
9 216
-
44 238
-
total
9 216
-
44 238
-
Corporate
182 476
230 500
-
-
surtax
-
-
-
-
income
38 319
48 405
-
-
total
38 319
48 405
-
-
Dividends
144 157
182 095
-
-
withholding
40 363
50 987
-
-
total
40 363
50 987
-
-
Income
230 500
230 500
230 500
230 500
Total tax
99 750
99 392
128 754
110 546
After tax
130 750
131 108
101 746
119 954
Living cost
26 956
26 956
26 956
26 956
Free-cash
103 794
104 152
74 790
92 998

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93607
₽89411
₽111306
₽117846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
73 949
pensions
-
-
-
26 227
total
-
-
-
101 753
Employee
48 290
-
200 954
-
income
10 086
-
70 517
-
pensions
2 269
-
4 357
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 150
-
76 403
-
Employer
48 290
-
200 954
-
pensions
11 396
-
21 872
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 097
-
total
15 395
-
29 546
-
Corporate
166 814
230 500
-
-
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.

25 022
34 576
-
-
total
25 022
34 576
-
-
Dividends
141 792
195 924
-
-
withholding
30 487
42 938
-
-
total
30 487
42 938
-
-
Income
230 500
230 500
230 500
230 500
Total tax
84 054
77 514
105 949
101 753
After tax
146 446
152 986
124 551
128 747
Living cost
35 140
35 140
35 140
35 140
Free-cash
111 306
117 846
89 411
93 607

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169404
₽179031
₽173788
₽179881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
34 575
pensions

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

-
-
-
5 168
total
-
-
-
43 899
Employee
22 772
-
223 649
-
income
2 278
-
22 365
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
27 421
-
Employer
22 772
-
223 649
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
203 260
230 500
-
-
income
20 326
23 050
-
-
total
20 326
23 050
-
-
Dividends
182 934
207 450
-
-
withholding
9 147
10 372
-
-
total
9 147
10 372
-
-
Income
230 500
230 500
230 500
230 500
Total tax
39 515
33 422
34 272
43 899
After tax
190 985
197 078
196 228
186 601
Living cost
17 197
17 197
17 197
17 197
Free-cash
173 788
179 881
179 031
169 404

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77131
₽103536
₽93013
₽79932
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 500
trade
-
-
-
26 405
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.

-
-
-
6 831
income

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

-
-
-
77 280
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.

-
-
-
4 250
total
-
-
-
114 766
Employee

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

49 751
-
230 500
-
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.

226
-
4 250
-
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.

4 091
-
77 280
-
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.

6 831
-
6 831
-
total
11 148
-
88 361
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 749
230 500
-
-
trade
25 938
33 077
-
-
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.

1 491
1 901
-
-
income
27 113
34 576
-
-
chamber of commerce
417
490
-
-
total
54 959
70 044
-
-
Dividends
125 789
160 457
-
-
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.

1 710
2 186
-
-
withholding
31 067
39 735
-
-
total
32 777
41 921
-
-
Income
230 500
230 500
230 500
230 500
Total tax
98 884
111 965
88 361
114 766
After tax
131 616
118 535
142 139
115 734
Living cost
38 603
38 603
38 603
38 603
Free-cash
93 013
79 932
103 536
77 131

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58154
₽58154
₽106600
₽104392
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
social contributions
-
-
-
39 715
income
-
-
-
75 673
total
-
-
-
115 388
Employee
78 213
-
230 500
-
social contributions
6 498
-
39 715
-
income
14 759
-
75 673
-
total
21 257
-
115 388
-
Employer
78 213
-
230 500
-
total
-
-
-
-
Corporate
152 287
230 500
-
-
income
19 035
28 813
-
-
total
19 035
28 813
-
-
Dividends
133 251
201 687
-
-
withholding
26 650
40 337
-
-
total
26 650
40 337
-
-
Income
230 500
230 500
230 500
230 500
Total tax
66 942
69 150
115 388
115 388
After tax
163 558
161 350
115 112
115 112
Living cost
56 958
56 958
56 958
56 958
Free-cash
106 600
104 392
58 154
58 154

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152953
₽124277
₽111739
₽108246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 500
health

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

-
-
-
6 675
income
-
-
-
34 576
total
-
-
-
41 251
Employee
45 869
-
225 901
-
social contributions
4 596
-
4 599
-
income
4 977
-
60 729
-
total
9 573
-
65 328
-
Employer
45 869
-
225 901
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
180 035
230 500
-
-
income
63 013
80 675
-
-
total
63 013
80 675
-
-
Dividends
117 022
149 825
-
-
social contributions
5 283
5 283
-
-
total
5 283
5 283
-
-
Income
230 500
230 500
230 500
230 500
Total tax
82 465
85 958
69 927
41 251
After tax
148 035
144 542
160 573
189 249
Living cost
36 296
36 296
36 296
36 296
Free-cash
111 739
108 246
124 277
152 953

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111489
₽90922
₽113731
₽107775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
income
-
-
-
71 544
pensions
-
-
-
10 115
total
-
-
-
81 659
Employee
51 271
-
200 861
-
income
9 337
-
57 833
-
pensions
3 913
-
12 050
-
health
669
-
2 704
-
total
13 919
-
72 587
-
Employer
51 271
-
200 861
-
pensions
5 180
-
25 823
-
health
974
-
3 816
-
total
6 154
-
29 639
-
Corporate
173 074
230 500
-
-
income

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

32 885
43 794
-
-
total
32 885
43 794
-
-
Dividends
140 189
186 706
-
-
withholding
26 459
41 579
-
-
total
26 459
41 579
-
-
Income
230 500
230 500
230 500
230 500
Total tax
79 417
85 373
102 226
81 659
After tax
151 083
145 127
128 274
148 841
Living cost
37 352
37 352
37 352
37 352
Free-cash
113 731
107 775
90 922
111 489

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽133644
₽103410
₽15031
-₽5057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
66 190
pensions
-
-
-
4 145
total
-
-
-
73 128
Employee
37 325
-
210 839
-
income
5 121
-
51 962
-
pensions
4 203
-
7 599
-
health
4 274
-
24 141
-
total
13 598
-
83 702
-
Employer
37 325
-
210 839
-
pensions
6 069
-
10 974
-
accident
623
-
3 521
-
unemployment
914
-
5 165
-
total
7 606
-
19 660
-
Corporate
185 568
230 500
-
-
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.

167 011
207 450
-
-
total
167 011
207 450
-
-
Dividends
18 557
23 050
-
-
withholding
3 526
4 379
-
-
total
3 526
4 379
-
-
Income
230 500
230 500
230 500
230 500
Total tax
191 741
211 829
103 362
73 128
After tax
38 759
18 671
127 138
157 372
Living cost
23 728
23 728
23 728
23 728
Free-cash
15 031
-5 057
103 410
133 644

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134215
₽156193
₽159808
₽162832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 500
work injury
-
-
-
799
unemployment
-
-
-
1 918
income
-
-
-
38 827
health insurance
-
-
-
11 829
pensions
-
-
-
29 411
total
-
-
-
82 784
Employee

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

21 601
-
230 500
-
income
2 160
-
38 827
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
60 806
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
208 899
230 500
-
-
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%.

20 890
23 050
-
-
total
20 890
23 050
-
-
Dividends
188 009
207 450
-
-
withholding
28 201
31 117
-
-
total
28 201
31 117
-
-
Income
230 500
230 500
230 500
230 500
Total tax
57 191
54 167
60 806
82 784
After tax
173 309
176 333
169 694
147 716
Living cost
13 501
13 501
13 501
13 501
Free-cash
159 808
162 832
156 193
134 215

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68689
₽60475
₽77029
₽81579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 500
social contributions
-
-
-
50 044
municipal
-
-
-
1 624
national
-
-
-
64 636
regional
-
-
-
5 674
total
-
-
-
121 978
Employee
84 257
-
230 500
-
national
14 239
-
57 943
-
social contributions
28 411
-
65 609
-
municipal
503
-
1 484
-
regional
1 272
-
5 156
-
total
44 425
-
130 192
-
Employer
84 257
-
230 500
-
total
-
-
-
-
Corporate
146 243
230 500
-
-
nationa
35 098
55 321
-
-
municipal
7 049
11 110
-
-
total
42 147
66 431
-
-
Dividends
104 096
164 069
-
-
withholding
27 066
42 657
-
-
total
27 066
42 657
-
-
Income
230 500
230 500
230 500
230 500
Total tax
113 638
109 088
130 192
121 978
After tax
116 862
121 412
100 308
108 522
Living cost
39 833
39 833
39 833
39 833
Free-cash
77 029
81 579
60 475
68 689

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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