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
₽ 231500
per

Your estimated
City
free-cash

Dresden , Germany
₽86108
₽97268
₽83188
₽112259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 500
trade
-
-
-
29 071
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.

-
-
-
77 519
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.

-
-
-
6 894
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.

-
-
-
4 263
total
-
-
-
117 747
Employee

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

38 597
-
231 500
-
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.

6 894
-
6 894
-
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
-
4 263
-
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.

1 078
-
77 519
-
total
8 031
-
88 676
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 903
231 500
-
-
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.

1 591
1 909
-
-
income
28 935
34 724
-
-
trade
30 383
36 461
-
-
chamber of commerce
431
486
-
-
total
61 340
73 580
-
-
Dividends
131 562
157 919
-
-
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.

1 789
2 151
-
-
withholding
32 507
39 096
-
-
total
34 296
41 247
-
-
Income
231 500
231 500
231 500
231 500
Total tax
103 667
114 827
88 676
117 747
After tax
127 833
116 673
142 824
113 753
Living cost
30 565
30 565
30 565
30 565
Free-cash
97 268
86 108
112 259
83 188

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
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.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93466
₽92617
₽80508
₽81752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
municipal
-
-
-
25 745
pensions
-
-
-
27 780
national
-
-
-
43 988
social contributions
-
-
-
2 489
total
-
-
-
100 002
Employee
79 044
-
200 130
-
municipal
9 763
-
26 642
-
pensions
3 162
-
8 005
-
national
15 129
-
45 950
-
total
28 054
-
80 597
-
Employer
79 044
-
200 130
-
social contributions
850
-
2 151
-
pensions
6 324
-
16 010
-
total
7 174
-
18 161
-
Corporate
140 066
231 500
-
-
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%.

28 013
46 300
-
-
total
28 013
46 300
-
-
Dividends
112 053
185 200
-
-
withholding
24 652
40 744
-
-
total
24 652
40 744
-
-
Income
231 500
231 500
231 500
231 500
Total tax
87 893
87 044
98 758
100 002
After tax
143 607
144 456
132 742
131 498
Living cost
50 990
50 990
50 990
50 990
Free-cash
92 617
93 466
81 752
80 508

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164205
₽155929
₽63510
₽79892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 500
microenterprise
-
-
-
-
income
-
-
-
49 299
surtax
-
-
-
59 033
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.

-
-
-
38 664
total
-
-
-
146 996
Employee
29 487
-
182 457
-
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.

3 244
-
13 229
-
surtax
-
-
26 456
-
income
5 249
-
41 886
-
total
8 493
-
81 571
-
Employer
29 487
-
182 457
-
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.

7 103
-
28 972
-
surtax
-
-
20 071
-
total
7 103
-
49 043
-
Corporate
194 910
231 500
-
-
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%.

38 981
46 301
-
-
total
38 981
46 301
-
-
Dividends

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

155 929
185 199
-
-
total
-
-
-
-
Income
231 500
231 500
231 500
231 500
Total tax
54 577
46 301
130 614
146 996
After tax
176 923
185 199
100 886
84 504
Living cost
20 994
20 994
20 994
20 994
Free-cash
155 929
164 205
79 892
63 510

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73143
₽66962
₽81795
₽105774
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
83 165
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
107 432
Employee
86 174
86 174
212 747
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
40 432
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
64 699
-
Employer
86 174
86 174
212 747
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
131 293
130 235
-
-
income
26 258
26 048
-
-
total
26 258
26 048
-
-
Dividends
105 034
104 188
-
-
income
22 319
22 139
-
-
withholding
15 755
15 628
-
-
total
38 074
37 767
-
-
Income
231 500
231 500
231 500
231 500
Total tax
122 265
116 084
83 453
107 432
After tax
109 235
115 416
148 047
124 068
Living cost
42 273
42 273
42 273
42 273
Free-cash
66 962
73 143
105 774
81 795

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87410
₽86534
₽76223
₽75276
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
municipal
-
-
-
61 651
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
29 883
total
-
-
-
116 288
Employee
55 556
-
204 651
-
municipal
16 567
-
61 027
-
national
-
-
29 360
-
total
16 567
-
90 387
-
Employer
55 556
-
204 651
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
158 488
231 500
-
-
income
34 867
50 930
-
-
total
34 867
50 930
-
-
Dividends
123 621
180 570
-
-
withholding
37 086
54 171
-
-
total
37 086
54 171
-
-
Income
231 500
231 500
231 500
231 500
Total tax
105 977
105 101
117 235
116 288
After tax
125 523
126 399
114 265
115 212
Living cost
38 989
38 989
38 989
38 989
Free-cash
86 534
87 410
75 276
76 223

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75841
₽90017
₽72818
₽103182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 500
trade
-
-
-
30 364
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.

-
-
-
77 519
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.

-
-
-
6 894
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.

-
-
-
4 263
total
-
-
-
119 040
Employee

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

51 174
-
231 500
-
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.

6 894
-
6 894
-
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.

241
-
4 263
-
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.

4 397
-
77 519
-
total
11 532
-
88 676
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 326
231 500
-
-
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.

1 488
1 909
-
-
income
27 049
34 724
-
-
trade
29 663
38 081
-
-
chamber of commerce
410
483
-
-
total
58 610
75 197
-
-
Dividends
121 716
156 302
-
-
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.

1 653
2 128
-
-
withholding
30 046
38 692
-
-
total
31 699
40 820
-
-
Income
231 500
231 500
231 500
231 500
Total tax
101 841
116 017
88 676
119 040
After tax
129 659
115 483
142 824
112 460
Living cost
39 642
39 642
39 642
39 642
Free-cash
90 017
75 841
103 182
72 818

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135975
₽131789
₽122807
₽120918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
53 731
health
-
-
-
5 904
social contributions
-
-
-
16 327
total
-
-
-
75 962
Employee
77 596
77 596
218 767
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
3 719
-
income
8 148
7 183
52 714
-
total
12 691
14 942
65 119
-
Employer
77 596
77 596
218 767
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
4 046
-
total
4 612
7 876
12 732
-
Corporate
181 467
146 027
-
-
income
22 683
18 254
-
-
total
22 683
18 254
-
-
Dividends
158 784
127 774
-
-
withholding
26 994
21 722
-
-
total
26 994
21 722
-
-
Income
231 500
231 500
231 500
231 500
Total tax
66 980
62 794
77 851
75 962
After tax
164 520
168 706
153 649
155 538
Living cost
32 731
32 731
32 731
32 731
Free-cash
131 789
135 975
120 918
122 807

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111597
₽111977
₽142036
₽115867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
28 301
pensions
-
-
-
23 150
unemployment
-
-
-
3 473
health
-
-
-
16 205
total
-
-
-
71 129
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.

26 467
10 533
193 724
-
health
1 853
737
13 561
-
income
3 236
1 288
23 683
-
pensions
2 647
1 053
19 372
-
unemployment
397
158
2 906
-
total
8 133
3 236
59 522
-
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.

26 467
10 533
193 724
-
pensions
5 161
2 054
37 776
-
total
5 161
2 054
37 776
-
Corporate
199 872
218 913
-
-
income
17 989
19 702
-
-
total
17 989
19 702
-
-
Dividends
181 884
199 211
-
-
social contributions
35 347
38 726
-
-
withholding
34 558
37 850
-
-
total
69 905
76 576
-
-
Income
231 500
231 500
231 500
231 500
Total tax
101 188
101 568
97 298
71 129
After tax
130 312
129 932
134 202
160 371
Living cost
18 335
18 335
18 335
18 335
Free-cash
111 977
111 597
115 867
142 036

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160825
₽154556
₽99708
₽109059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
31 021
pensions
-
-
-
46 301
health
-
-
-
30 096
total
-
-
-
107 418
Employee
28 627
-
173 018
-
income
3 223
-
33 357
-
pensions
573
-
3 460
-
unemployment
458
-
2 769
-
total
4 254
-
39 586
-
Employer
28 627
-
173 018
-
unemployment
230
-
1 385
-
pensions
5 726
-
34 604
-
health
3 721
-
22 492
-
total
9 677
-
58 481
-
Corporate
193 197
231 500
-
-
income
38 639
46 301
-
-
total
38 639
46 301
-
-
Dividends
154 558
185 199
-
-
total
-
-
-
-
Income
231 500
231 500
231 500
231 500
Total tax
52 570
46 301
98 067
107 418
After tax
178 930
185 199
133 433
124 082
Living cost
24 374
24 374
24 374
24 374
Free-cash
154 556
160 825
109 059
99 708

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3319
₽15366
₽135986
₽105600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
accident
-
-
-
253
income
-
-
-
66 456
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
73 443
Employee
34 719
-
211 724
-
health
3 975
-
24 242
-
income
4 763
-
52 157
-
pensions
3 909
-
7 654
-
total
12 647
-
84 053
-
Employer
34 719
-
211 724
-
accident
580
-
3 536
-
unemployment
851
-
5 187
-
pensions
5 646
-
11 053
-
total
7 077
-
19 776
-
Corporate
189 706
231 500
-
-
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.

170 735
208 350
-
-
total
170 735
208 350
-
-
Dividends
18 970
23 150
-
-
withholding
3 604
4 398
-
-
total
3 604
4 398
-
-
Income
231 500
231 500
231 500
231 500
Total tax
194 063
212 748
103 829
73 443
After tax
37 437
18 752
127 671
158 057
Living cost
22 071
22 071
22 071
22 071
Free-cash
15 366
-3 319
105 600
135 986

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
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.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽210846
₽209144
₽220106
₽176121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
231 500
microenterprise

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

-
-
-
2 315
total
-
-
-
2 315
Employee
11 349
-
231 500
-
income
2 269
-
46 300
-
total
2 269
-
46 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

220 151
231 500
-
-
total
-
-
-
-
Dividends
220 151
231 500
-
-
withholding
11 008
11 575
-
-
total
11 008
11 575
-
-
Income
231 500
231 500
231 500
231 500
Total tax
13 277
11 575
46 300
2 315
After tax
218 223
219 925
185 200
229 185
Living cost
9 079
9 079
9 079
9 079
Free-cash
209 144
210 846
176 121
220 106

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143193
₽136381
₽112855
₽110952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
40 887
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.

-
-
-
36 829
other
-
-
-
7 288
health
-
-
-
6 752
total
-
-
-
91 756
Employee
36 640
-
192 519
-
health
513
-
2 149
-
income
6 308
-
40 253
-
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.

2 564
-
10 741
-
unemployment
366
-
1 534
-
total
9 751
-
54 677
-
Employer
36 640
-
192 519
-
accident
293
-
1 540
-
other
1 833
-
7 671
-
unemployment
366
-
1 534
-
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.

6 229
-
26 088
-
health
513
-
2 149
-
total
9 234
-
38 982
-
Corporate
185 626
231 500
-
-
income
38 981
48 616
-
-
total
38 981
48 616
-
-
Dividends
146 645
182 884
-
-
withholding
10 264
12 802
-
-
total
10 264
12 802
-
-
Income
231 500
231 500
231 500
231 500
Total tax
68 230
61 418
93 659
91 756
After tax
163 270
170 082
137 841
139 744
Living cost
26 889
26 889
26 889
26 889
Free-cash
136 381
143 193
110 952
112 855

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78084
₽86239
₽81800
₽61141
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
71 806
pensions
-
-
-
10 172
total
-
-
-
81 978
Employee
95 816
-
201 735
-
health
1 579
-
2 719
-
income
17 272
-
58 031
-
pensions
9 244
-
12 125
-
total
28 095
-
72 875
-
Employer
95 816
-
201 735
-
pensions
11 313
-
25 929
-
health
1 820
-
3 833
-
total
13 133
-
29 762
-
Corporate
122 551
231 500
-
-
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.

23 284
43 986
-
-
total
23 284
43 986
-
-
Dividends
99 267
187 514
-
-
withholding
13 027
41 708
-
-
total
13 027
41 708
-
-
Income
231 500
231 500
231 500
231 500
Total tax
77 539
85 694
102 637
81 978
After tax
153 961
145 806
128 863
149 522
Living cost
67 722
67 722
67 722
67 722
Free-cash
86 239
78 084
61 141
81 800

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽184693
₽180004
₽174119
₽183775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
34 725
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
44 142
Employee
17 531
-
224 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
22 458
-
pensions

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

1 539
-
3 097
-
total
4 291
-
27 565
-
Employer
17 531
-
224 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
210 529
231 500
-
-
income
21 053
23 150
-
-
total
21 053
23 150
-
-
Dividends
189 476
208 350
-
-
withholding
9 473
10 418
-
-
total
9 473
10 418
-
-
Income
231 500
231 500
231 500
231 500
Total tax
38 257
33 568
34 486
44 142
After tax
193 243
197 932
197 014
187 358
Living cost
13 239
13 239
13 239
13 239
Free-cash
180 004
184 693
183 775
174 119

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59459
₽61999
₽68111
₽92090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
83 165
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
107 432
Employee
93 558
86 174
212 747
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
40 432
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
64 699
-
Employer
93 558
86 174
212 747
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
121 561
130 235
-
-
income
24 313
26 048
-
-
total
24 313
26 048
-
-
Dividends
97 249
104 188
-
-
income
20 665
22 139
-
-
withholding
14 586
15 628
-
-
total
35 251
37 767
-
-
Income
231 500
231 500
231 500
231 500
Total tax
113 544
116 084
83 453
107 432
After tax
117 956
115 416
148 047
124 068
Living cost
55 957
55 957
55 957
55 957
Free-cash
61 999
59 459
92 090
68 111

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135221
₽126598
₽113239
₽102998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
24 821
health
-
-
-
31 252
solidarity contribution
-
-
-
3 246
social contributions
-
-
-
34 775
total
-
-
-
94 094
Employee
35 540
-
185 070
-
social contributions
2 310
-
7 741
-
health
4 798
-
24 984
-
solidarity contribution
-
-
2 328
-
income
4 265
-
22 852
-
total
11 373
-
57 905
-
Employer
35 540
-
185 070
-
social contributions
8 885
-
29 774
-
health
3 199
-
16 656
-
total
12 084
-
46 430
-
Corporate
183 877
231 500
-
-
income
34 937
43 985
-
-
total
34 937
43 985
-
-
Dividends
148 940
187 515
-
-
withholding
22 341
28 127
-
-
total
22 341
28 127
-
-
Income
231 500
231 500
231 500
231 500
Total tax
80 735
72 112
104 335
94 094
After tax
150 765
159 388
127 165
137 406
Living cost
24 167
24 167
24 167
24 167
Free-cash
126 598
135 221
102 998
113 239

Estimated living cost  is ₽24167 per week

₽16787
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.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80933
₽75666
₽69267
₽60714
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
municipal
-
-
-
1 448
regional
-
-
-
2 950
national
-
-
-
64 748
social contributions
-
-
-
50 506
total
-
-
-
119 652
Employee
89 684
-
231 500
-
social contributions
30 241
-
66 215
-
regional
846
-
2 676
-
municipal
475
-
1 321
-
national
15 540
-
57 993
-
total
47 102
-
128 205
-
Employer
89 684
-
231 500
-
total
-
-
-
-
Corporate
141 816
231 500
-
-
nationa
34 035
55 560
-
-
municipal
5 530
9 029
-
-
total
39 565
64 589
-
-
Dividends
102 250
166 911
-
-
withholding
26 586
43 397
-
-
total
26 586
43 397
-
-
Income
231 500
231 500
231 500
231 500
Total tax
113 253
107 986
128 205
119 652
After tax
118 247
123 514
103 295
111 848
Living cost
42 581
42 581
42 581
42 581
Free-cash
75 666
80 933
60 714
69 267

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123345
₽120204
₽86571
₽80402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
73 476
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
12 457
total
-
-
-
122 661
Employee
33 371
-
203 151
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
11 249
-
income
5 594
-
67 440
-
pensions
2 225
-
8 983
-
unemployment
2 323
-
9 374
-
total
11 103
-
100 480
-
Employer
33 371
-
203 151
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 953
-
health
1 519
-
6 128
-
total
7 025
-
28 350
-
Corporate
191 105
231 500
-
-
income
49 688
60 190
-
-
total
49 688
60 190
-
-
Dividends
141 417
171 310
-
-
withholding
21 212
25 697
-
-
total
21 212
25 697
-
-
Income
231 500
231 500
231 500
231 500
Total tax
89 028
85 887
128 830
122 661
After tax
142 472
145 613
102 670
108 839
Living cost
22 268
22 268
22 268
22 268
Free-cash
120 204
123 345
80 402
86 571

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99540
₽106231
₽103256
₽82597
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
71 806
pensions
-
-
-
10 172
total
-
-
-
81 978
Employee
64 213
-
201 735
-
health
932
-
2 719
-
income
11 565
-
58 031
-
pensions
5 450
-
12 125
-
total
17 947
-
72 875
-
Employer
64 213
-
201 735
-
pensions
6 951
-
25 929
-
health
1 220
-
3 833
-
total
8 171
-
29 762
-
Corporate
159 116
231 500
-
-
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.

30 231
43 986
-
-
total
30 231
43 986
-
-
Dividends
128 885
187 514
-
-
withholding
22 654
41 708
-
-
total
22 654
41 708
-
-
Income
231 500
231 500
231 500
231 500
Total tax
79 003
85 694
102 637
81 978
After tax
152 497
145 806
128 863
149 522
Living cost
46 266
46 266
46 266
46 266
Free-cash
106 231
99 540
82 597
103 256

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29593
₽62226
₽106905
₽98821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
city
-
-
-
2 441
pensions
-
-
-
21 298
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.

-
-
-
4 631
regional
-
-
-
13 157
health
-
-
-
521
national
-
-
-
6 281
total
-
-
-
48 329
Employee
89 251
-
208 547
-
city
958
-
2 258
-
regional
2 923
-
11 782
-
health
202
-
470
-
pensions
7 498
-
16 019
-
unemployment
-
-
-
-
national
422
-
5 225
-
total
12 003
-
35 754
-
Employer
89 251
-
208 547
-
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.

1 784
-
4 170
-
unemployment
-
-
-
-
pensions
7 498
-
16 019
-
health
202
-
470
-
total
9 484
-
20 659
-
Corporate
131 783
231 500
-
-
regional
27 872
48 962
-
-
national
11 202
19 678
-
-
total
39 074
68 640
-
-
Dividends
92 709
162 860
-
-
withholding
32 447
57 001
-
-
total
32 447
57 001
-
-
Income
231 500
231 500
231 500
231 500
Total tax
93 008
125 641
56 413
48 329
After tax
138 492
105 859
175 087
183 171
Living cost
76 266
76 266
76 266
76 266
Free-cash
62 226
29 593
98 821
106 905

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68064
₽84429
₽64939
₽96596
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 500
trade
-
-
-
31 657
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.

-
-
-
77 519
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.

-
-
-
6 894
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.

-
-
-
4 263
total
-
-
-
120 333
Employee

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

60 646
-
231 500
-
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.

6 894
-
6 894
-
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.

393
-
4 263
-
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.

7 131
-
77 519
-
total
14 418
-
88 676
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 854
231 500
-
-
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.

1 409
1 909
-
-
income
25 628
34 724
-
-
trade
29 301
39 702
-
-
chamber of commerce
394
479
-
-
total
56 732
76 814
-
-
Dividends
114 121
154 686
-
-
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.

1 547
2 106
-
-
withholding
28 146
38 288
-
-
total
29 693
40 394
-
-
Income
231 500
231 500
231 500
231 500
Total tax
100 843
117 208
88 676
120 333
After tax
130 657
114 292
142 824
111 167
Living cost
46 228
46 228
46 228
46 228
Free-cash
84 429
68 064
96 596
64 939

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
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.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82151
₽88110
₽91765
₽84702
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
43 812
pensions
-
-
-
36 157
other
-
-
-
7 177
health
-
-
-
11 467
surtax
-
-
-
-
social contributions
-
-
-
6 597
total
-
-
-
105 210
Employee
43 189
-
176 385
-
social contributions
1 231
-
5 025
-
surtax
-
-
-
-
income
2 549
-
38 715
-
pensions
4 883
-
13 418
-
total
8 663
-
57 158
-
Employer
43 189
-
176 385
-
other
1 490
-
7 372
-
social contributions
130
-
529
-
unemployment
1 748
-
7 143
-
pensions
7 095
-
22 385
-
health
3 024
-
17 686
-
total
13 487
-
55 115
-
Corporate
174 824
231 500
-
-
surtax
-
-
-
-
income
48 951
64 820
-
-
total
48 951
64 820
-
-
Dividends
125 873
166 680
-
-
surtax
-
-
-
-
social contributions
21 651
28 669
-
-
withholding
16 113
21 335
-
-
total
37 764
50 004
-
-
Income
231 500
231 500
231 500
231 500
Total tax
108 865
114 824
112 273
105 210
After tax
122 635
116 676
119 227
126 290
Living cost
34 525
34 525
34 525
34 525
Free-cash
88 110
82 151
84 702
91 765

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85571
₽91178
₽95185
₽88122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
43 812
pensions
-
-
-
36 157
other
-
-
-
7 177
health
-
-
-
11 467
surtax
-
-
-
-
social contributions
-
-
-
6 597
total
-
-
-
105 210
Employee
38 552
-
176 385
-
social contributions
1 099
-
5 025
-
surtax
-
-
-
-
income
1 988
-
38 715
-
pensions
4 360
-
13 418
-
total
7 447
-
57 158
-
Employer
38 552
-
176 385
-
other
1 331
-
7 372
-
social contributions
115
-
529
-
unemployment
1 561
-
7 143
-
pensions
6 335
-
22 385
-
health
2 698
-
17 686
-
total
12 040
-
55 115
-
Corporate
180 909
231 500
-
-
surtax
-
-
-
-
income
50 655
64 820
-
-
total
50 655
64 820
-
-
Dividends
130 253
166 680
-
-
surtax
-
-
-
-
social contributions
22 403
28 669
-
-
withholding
16 672
21 335
-
-
total
39 075
50 004
-
-
Income
231 500
231 500
231 500
231 500
Total tax
109 217
114 824
112 273
105 210
After tax
122 283
116 676
119 227
126 290
Living cost
31 105
31 105
31 105
31 105
Free-cash
91 178
85 571
88 122
95 185

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119837
₽120362
₽127271
₽120917
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
34 724
health
-
-
-
16 159
social contributions
-
-
-
31 948
total
-
-
-
82 831
Employee
34 215
-
231 500
-
social contributions
4 722
-
31 948
-
health
2 388
-
16 159
-
income
5 707
-
41 078
-
total
12 817
-
89 185
-
Employer
34 215
-
231 500
-
total
-
-
-
-
Corporate
197 285
231 500
-
-
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%.

9 864
11 574
-
-
total
9 864
11 574
-
-
Dividends
187 421
219 926
-
-
health
13 081
15 351
-
-
social contributions
25 864
30 351
-
-
withholding
28 114
32 989
-
-
total
67 059
78 691
-
-
Income
231 500
231 500
231 500
231 500
Total tax
89 740
90 265
89 185
82 831
After tax
141 760
141 235
142 315
148 669
Living cost
21 398
21 398
21 398
21 398
Free-cash
120 362
119 837
120 917
127 271

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92021
₽90457
₽82964
₽25091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
chamber of commerce
-
-
-
927
income
-
-
-
74 836
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
112 979
Employee
50 431
40 215
191 965
-
other
504
402
1 180
-
health
1 951
1 557
4 561
-
income
5 741
2 966
62 936
-
pensions
5 165
4 117
12 072
-
unemployment
1 513
1 206
3 537
-
total
14 874
10 248
84 286
-
Employer
50 431
40 215
191 965
-
accident
655
523
1 532
-
other
2 396
1 909
8 487
-
chamber of commerce
201
161
768
-
unemployment
1 513
1 206
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 795
-
payroll
1 513
1 206
5 758
-
health
1 905
1 520
4 456
-
total
14 711
11 772
39 532
-
Corporate
166 358
179 512
188 137
-
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.

41 590
44 878
47 034
-
total
41 590
44 878
47 034
-
Dividends
124 768
134 634
-
-
withholding
34 311
37 024
-
-
total
34 311
37 024
-
-
Income
231 500
231 500
231 500
231 500
Total tax
105 486
103 922
170 852
112 979
After tax
126 014
127 578
60 648
118 521
Living cost
35 557
35 557
35 557
35 557
Free-cash
90 457
92 021
25 091
82 964

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89994
₽77430
₽63919
₽41709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
national
-
-
-
93 248
communal

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

-
-
-
12 380
social contributions
-
-
-
25 159
total
-
-
-
130 787
Employee

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

72 183
-
179 305
-
communal

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

3 765
-
9 353
-
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.

3 391
-
8 428
-
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.

5 414
-
13 447
-
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.

628
-
1 561
-
national
22 192
-
68 013
-
total
35 390
-
100 802
-
Employer

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

72 183
-
179 305
-
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.

938
-
2 331
-
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.

1 053
-
2 618
-
surtax
8 185
-
20 333
-
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.

6 396
-
15 887
-
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.

4 439
-
11 026
-
total
21 011
-
52 195
-
Corporate
138 306
231 500
-
-
surtax
553
998
-
-
income
27 662
49 901
-
-
total
28 215
50 899
-
-
Dividends
110 091
180 602
-
-
withholding

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

32 660
53 813
-
-
total
32 660
53 813
-
-
Income
231 500
231 500
231 500
231 500
Total tax
117 276
104 712
152 997
130 787
After tax
114 224
126 788
78 503
100 713
Living cost
36 794
36 794
36 794
36 794
Free-cash
77 430
89 994
41 709
63 919

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117219
₽110305
₽92872
₽88637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
accident
-
-
-
843
income
-
-
-
74 124
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
102 185
Employee
50 231
-
201 682
-
other
50
-
94
-
income
10 598
-
70 660
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
76 601
-
Employer
50 231
-
201 682
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
165 258
231 500
-
-
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.

24 790
34 724
-
-
total
24 790
34 724
-
-
Dividends
140 468
196 776
-
-
withholding
30 163
43 114
-
-
total
30 163
43 114
-
-
Income
231 500
231 500
231 500
231 500
Total tax
84 752
77 838
106 420
102 185
After tax
146 748
153 662
125 080
129 315
Living cost
36 443
36 443
36 443
36 443
Free-cash
110 305
117 219
88 637
92 872

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75870
₽61990
₽53597
₽62825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
accident
-
-
-
1 951
income
-
-
-
44 040
pensions
-
-
-
34 700
health
-
-
-
16 264
surtax
-
-
-
11 477
communal
-
-
-
14 631
total
-
-
-
123 063
Employee
76 419
-
206 787
-
health
3 401
-
9 203
-
surtax
4 684
-
12 673
-
income
7 381
-
50 702
-
pensions
6 113
-
16 544
-
total
21 579
-
89 122
-
Employer
76 419
-
206 787
-
accident
687
-
1 861
-
pensions
6 113
-
16 544
-
health
2 331
-
6 308
-
total
9 131
-
24 713
-
Corporate
145 950
231 500
-
-
surtax
1 532
2 430
-
-
communal
9 851
15 626
-
-
income
21 892
34 724
-
-
total
33 275
52 780
-
-
Dividends
112 675
178 719
-
-
income
33 784
21 202
-
-
withholding
16 902
26 808
-
-
total
50 686
48 010
-
-
Income
231 500
231 500
231 500
231 500
Total tax
114 671
100 790
113 835
123 063
After tax
116 829
130 710
117 665
108 437
Living cost
54 839
54 839
54 839
54 839
Free-cash
61 990
75 870
62 825
53 597

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽122947
₽119738
₽86173
₽80004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
73 476
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
12 457
total
-
-
-
122 661
Employee
33 983
-
203 151
-
other
-
-
-
-
health
867
-
3 434
-
surtax
121
-
11 249
-
income
5 697
-
67 440
-
pensions
2 267
-
8 983
-
unemployment
2 365
-
9 374
-
total
11 317
-
100 480
-
Employer
33 983
-
203 151
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 953
-
health
1 545
-
6 128
-
total
7 154
-
28 350
-
Corporate
190 362
231 500
-
-
income
49 495
60 190
-
-
total
49 495
60 190
-
-
Dividends
140 867
171 310
-
-
withholding
21 130
25 697
-
-
total
21 130
25 697
-
-
Income
231 500
231 500
231 500
231 500
Total tax
89 096
85 887
128 830
122 661
After tax
142 404
145 613
102 670
108 839
Living cost
22 666
22 666
22 666
22 666
Free-cash
119 738
122 947
80 004
86 173

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94498
₽92258
₽83941
₽75432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
municipal
-
-
-
1 448
regional
-
-
-
3 674
national
-
-
-
64 748
social contributions
-
-
-
50 506
total
-
-
-
120 376
Employee
55 977
-
231 500
-
social contributions
18 876
-
66 215
-
regional
754
-
3 356
-
municipal
297
-
1 321
-
national
8 868
-
57 993
-
total
28 795
-
128 885
-
Employer
55 977
-
231 500
-
total
-
-
-
-
Corporate
175 523
231 500
-
-
nationa
42 126
55 560
-
-
municipal
8 723
11 505
-
-
total
50 849
67 065
-
-
Dividends
124 674
164 435
-
-
withholding
32 415
42 754
-
-
total
32 415
42 754
-
-
Income
231 500
231 500
231 500
231 500
Total tax
112 059
109 819
128 885
120 376
After tax
119 441
121 681
102 615
111 124
Living cost
27 183
27 183
27 183
27 183
Free-cash
92 258
94 498
75 432
83 941

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129608
₽118984
₽107626
₽97385
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
24 821
health
-
-
-
31 252
solidarity contribution
-
-
-
3 246
social contributions
-
-
-
34 775
total
-
-
-
94 094
Employee
43 794
-
185 070
-
social contributions
2 847
-
7 741
-
health
5 912
-
24 984
-
solidarity contribution
-
-
2 328
-
income
5 255
-
22 852
-
total
14 014
-
57 905
-
Employer
43 794
-
185 070
-
social contributions
10 949
-
29 774
-
health
3 941
-
16 656
-
total
14 890
-
46 430
-
Corporate
172 816
231 500
-
-
income
32 835
43 985
-
-
total
32 835
43 985
-
-
Dividends
139 981
187 515
-
-
withholding
20 997
28 127
-
-
total
20 997
28 127
-
-
Income
231 500
231 500
231 500
231 500
Total tax
82 736
72 112
104 335
94 094
After tax
148 764
159 388
127 165
137 406
Living cost
29 780
29 780
29 780
29 780
Free-cash
118 984
129 608
97 385
107 626

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95492
₽94993
₽86526
₽28503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
chamber of commerce
-
-
-
927
income
-
-
-
74 836
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
112 780
Employee
44 111
40 215
192 153
-
other
440
402
1 180
-
health
1 706
1 557
4 561
-
income
3 930
2 966
63 026
-
pensions
4 517
4 117
12 072
-
unemployment
1 323
1 206
3 537
-
total
11 916
10 248
84 376
-
Employer
44 111
40 215
192 153
-
accident
573
523
1 532
-
other
2 095
1 909
8 495
-
chamber of commerce
176
161
768
-
unemployment
1 323
1 206
3 537
-
surtax
-
-
-
-
pensions
5 536
5 048
14 795
-
payroll
1 323
1 206
5 764
-
health
1 668
1 520
4 456
-
total
12 694
11 573
39 347
-
Corporate
174 694
179 711
188 323
-
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.

43 673
44 928
47 080
-
total
43 673
44 928
47 080
-
Dividends
131 021
134 784
-
-
withholding
36 030
37 065
-
-
total
36 030
37 065
-
-
Income
231 500
231 500
231 500
231 500
Total tax
104 313
103 814
170 803
112 780
After tax
127 187
127 686
60 697
118 720
Living cost
32 194
32 194
32 194
32 194
Free-cash
94 993
95 492
28 503
86 526

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽205776
₽203123
₽215036
₽171051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
231 500
microenterprise

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

-
-
-
2 315
total
-
-
-
2 315
Employee
17 686
-
231 500
-
income
3 537
-
46 300
-
total
3 537
-
46 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

213 814
231 500
-
-
total
-
-
-
-
Dividends
213 814
231 500
-
-
withholding
10 691
11 575
-
-
total
10 691
11 575
-
-
Income
231 500
231 500
231 500
231 500
Total tax
14 228
11 575
46 300
2 315
After tax
217 272
219 925
185 200
229 185
Living cost
14 149
14 149
14 149
14 149
Free-cash
203 123
205 776
171 051
215 036

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132321
₽123881
₽79938
₽74909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 500
income
-
-
-
59 092
pensions
-
-
-
42 277
unemployment
-
-
-
347
health
-
-
-
22 779
total
-
-
-
124 495
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.

44 623
-
200 311
-
health
2 882
-
12 941
-
income
7 695
-
54 065
-
pensions
6 917
-
31 048
-
unemployment
63
-
280
-
total
17 557
-
98 334
-
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.

44 623
-
200 311
-
unemployment
27
-
121
-
pensions
3 949
-
17 727
-
health
2 972
-
13 342
-
total
6 948
-
31 190
-
Corporate
179 929
231 500
-
-
income
34 186
43 985
-
-
total
34 186
43 985
-
-
Dividends
145 743
187 515
-
-
withholding
21 861
28 127
-
-
total
21 861
28 127
-
-
Income
231 500
231 500
231 500
231 500
Total tax
80 552
72 112
129 524
124 495
After tax
150 948
159 388
101 976
107 005
Living cost
27 067
27 067
27 067
27 067
Free-cash
123 881
132 321
74 909
79 938

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97280
₽49255
₽116420
₽174652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
45 124
social contributions
-
-
-
26 391
total
-
-
-
71 515
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
80 956
231 500
-
-
income
17 810
50 930
-
-
total
17 810
50 930
-
-
Dividends
63 146
180 570
-
-
income
13 892
39 725
-
-
total
13 892
39 725
-
-
Income
231 500
231 500
231 500
231 500
Total tax
138 680
90 655
13 283
71 515
After tax
92 820
140 845
218 217
159 985
Living cost
43 565
43 565
43 565
43 565
Free-cash
49 255
97 280
174 652
116 420

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100024
₽99009
₽88876
₽70629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 500
income
-
-
-
30 524
surtax
-
-
-
-
social contributions

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

-
-
-
80 447
total
-
-
-
110 971
Employee
46 411
-
187 070
-
social contributions
5 105
-
20 578
-
surtax
-
-
333
-
income
9 654
-
63 877
-
total
14 759
-
84 788
-
Employer
46 411
-
187 070
-
social contributions
11 023
-
44 430
-
total
11 023
-
44 430
-
Corporate
174 066
231 500
-
-
surtax
-
-
-
-
income
36 553
48 616
-
-
total
36 553
48 616
-
-
Dividends
137 513
182 884
-
-
withholding
38 503
51 207
-
-
total
38 503
51 207
-
-
Income
231 500
231 500
231 500
231 500
Total tax
100 838
99 823
129 218
110 971
After tax
130 662
131 677
102 282
120 529
Living cost
31 653
31 653
31 653
31 653
Free-cash
99 009
100 024
70 629
88 876

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67937
₽74875
₽77551
₽70488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
43 812
pensions
-
-
-
36 157
other
-
-
-
7 177
health
-
-
-
11 467
surtax
-
-
-
-
social contributions
-
-
-
6 597
total
-
-
-
105 210
Employee
63 203
-
176 385
-
social contributions
1 800
-
5 025
-
surtax
-
-
-
-
income
5 515
-
38 715
-
pensions
7 149
-
13 418
-
total
14 464
-
57 158
-
Employer
63 203
-
176 385
-
other
2 181
-
7 372
-
social contributions
190
-
529
-
unemployment
2 560
-
7 143
-
pensions
10 385
-
22 385
-
health
4 424
-
17 686
-
total
19 740
-
55 115
-
Corporate
148 557
231 500
-
-
surtax
-
-
-
-
income
41 595
64 820
-
-
total
41 595
64 820
-
-
Dividends
106 962
166 680
-
-
surtax
-
-
-
-
social contributions
18 397
28 669
-
-
withholding
13 690
21 335
-
-
total
32 087
50 004
-
-
Income
231 500
231 500
231 500
231 500
Total tax
107 886
114 824
112 273
105 210
After tax
123 614
116 676
119 227
126 290
Living cost
48 739
48 739
48 739
48 739
Free-cash
74 875
67 937
70 488
77 551

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178016
₽174626
₽138307
₽144459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
11 928
social contributions
-
-
-
50 931
total
-
-
-
62 859
Employee
32 442
-
200 431
-
income
-
-
12 612
-
social contributions
2 108
-
13 028
-
total
2 108
-
25 640
-
Employer
32 442
-
200 431
-
social contributions
5 029
-
31 067
-
total
5 029
-
31 067
-
Corporate
194 029
231 500
-
-
income
19 403
23 150
-
-
total
19 403
23 150
-
-
Dividends
174 627
208 350
-
-
total
-
-
-
-
Income
231 500
231 500
231 500
231 500
Total tax
26 540
23 150
56 707
62 859
After tax
204 960
208 350
174 793
168 641
Living cost
30 334
30 334
30 334
30 334
Free-cash
174 626
178 016
144 459
138 307

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
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.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11542
₽6572
₽84812
₽11542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
municipal
-
-
-
49 817
pensions
-
-
-
875
national
-
-
-
28 926
labour market
-
-
-
18 450
total
-
-
-
98 068
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
11 542
-
-
-
income
2 539
-
-
-
total
2 539
-
-
-
Dividends
9 003
-
-
-
withholding
2 431
-
-
-
total
2 431
-
-
-
Income
231 500
231 500
231 500
231 500
Total tax
176 308
171 338
171 338
98 068
After tax
55 192
60 162
60 162
133 432
Living cost
48 620
48 620
48 620
48 620
Free-cash
6 572
11 542
11 542
84 812

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2993
₽15416
₽136312
₽105926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
accident
-
-
-
253
income
-
-
-
66 456
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
73 443
Employee
34 207
-
211 724
-
health
3 917
-
24 242
-
income
4 693
-
52 157
-
pensions
3 852
-
7 654
-
total
12 462
-
84 053
-
Employer
34 207
-
211 724
-
accident
571
-
3 536
-
unemployment
838
-
5 187
-
pensions
5 562
-
11 053
-
total
6 971
-
19 776
-
Corporate
190 322
231 500
-
-
income

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

171 290
208 350
-
-
total
171 290
208 350
-
-
Dividends
19 032
23 150
-
-
withholding
3 616
4 398
-
-
total
3 616
4 398
-
-
Income
231 500
231 500
231 500
231 500
Total tax
194 339
212 748
103 829
73 443
After tax
37 161
18 752
127 671
158 057
Living cost
21 745
21 745
21 745
21 745
Free-cash
15 416
-2 993
105 926
136 312

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102981
₽106095
₽102764
₽76245
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
231 500
municipal
-
-
-
41 103
health
-
-
-
3 144
national
-
-
-
45 746
total
-
-
-
89 993
Employee
53 092
-
194 749
-
health
396
-
2 578
-
municipal
8 696
-
31 699
-
pensions
3 583
-
13 146
-
unemployment
797
-
2 920
-
national
877
-
29 419
-
total
14 349
-
79 762
-
Employer
53 092
-
194 749
-
accident
54
-
195
-
unemployment
345
-
1 266
-
pensions
9 211
-
33 790
-
health
408
-
1 499
-
total
10 018
-
36 750
-
Corporate
168 391
231 500
-
-
income
33 679
46 301
-
-
total
33 679
46 301
-
-
Dividends

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

101 034
138 900
-
-
national
10 429
18 473
-
-
municipal
18 187
25 002
-
-
total
28 616
43 475
-
-
Income
231 500
231 500
231 500
231 500
Total tax
86 662
89 776
116 512
89 993
After tax
144 838
141 724
114 988
141 507
Living cost
38 743
38 743
38 743
38 743
Free-cash
106 095
102 981
76 245
102 764

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145342
₽139850
₽132174
₽130285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
53 731
health
-
-
-
5 904
social contributions
-
-
-
16 327
total
-
-
-
75 962
Employee
77 596
77 596
218 767
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
3 719
-
income
8 449
7 183
52 714
-
total
11 984
14 942
65 119
-
Employer
77 596
77 596
218 767
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
4 046
-
total
3 587
7 876
12 732
-
Corporate
192 565
146 027
-
-
income
24 071
18 254
-
-
total
24 071
18 254
-
-
Dividends
168 494
127 774
-
-
withholding
28 644
21 722
-
-
total
28 644
21 722
-
-
Income
231 500
231 500
231 500
231 500
Total tax
68 286
62 794
77 851
75 962
After tax
163 214
168 706
153 649
155 538
Living cost
23 364
23 364
23 364
23 364
Free-cash
139 850
145 342
130 285
132 174

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175683
₽170550
₽181381
₽161140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
231 500
income
-
-
-
23 997
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
34 097
Employee

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

23 163
-
221 638
-
health
1 969
-
8 139
-
income
1 584
-
21 496
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
44 476
-
Employer

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

23 163
-
221 638
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
205 953
231 500
-
-
income
18 535
20 835
-
-
total
18 535
20 835
-
-
Dividends
187 418
210 665
-
-
withholding
16 867
18 960
-
-
total
16 867
18 960
-
-
Income
231 500
231 500
231 500
231 500
Total tax
44 928
39 795
54 338
34 097
After tax
186 572
191 705
177 162
197 403
Living cost
16 022
16 022
16 022
16 022
Free-cash
170 550
175 683
161 140
181 381

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125912
₽121455
₽101565
₽97330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
accident
-
-
-
843
income
-
-
-
74 124
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
102 185
Employee
37 313
-
201 682
-
other
36
-
94
-
income
7 194
-
70 660
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
76 601
-
Employer
37 313
-
201 682
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
182 291
231 500
-
-
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.

27 344
34 724
-
-
total
27 344
34 724
-
-
Dividends
154 947
196 776
-
-
withholding
33 493
43 114
-
-
total
33 493
43 114
-
-
Income
231 500
231 500
231 500
231 500
Total tax
82 295
77 838
106 420
102 185
After tax
149 205
153 662
125 080
129 315
Living cost
27 750
27 750
27 750
27 750
Free-cash
121 455
125 912
97 330
101 565

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141700
₽141246
₽146100
₽145903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
79 176
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
82 644
Employee
4 198
-
229 238
-
health
210
-
503
-
income
812
-
79 070
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
80 579
-
Employer
4 198
-
229 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
226 358
231 500
-
-
income
49 799
50 930
-
-
total
49 799
50 930
-
-
Dividends
176 559
180 570
-
-
withholding
35 312
36 114
-
-
total
35 312
36 114
-
-
Income
231 500
231 500
231 500
231 500
Total tax
87 498
87 044
82 841
82 644
After tax
144 002
144 456
148 659
148 856
Living cost
2 756
2 756
2 756
2 756
Free-cash
141 246
141 700
145 903
146 100

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
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.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149806
₽144841
₽132195
₽132196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 500
income
-
-
-
53 659
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
81 852
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.

26 319
-
218 149
-
health
1 355
-
3 841
-
income
3 628
-
53 659
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
68 501
-
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.

26 319
-
218 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
200 470
231 500
-
-
income
30 071
34 725
-
-
total
30 071
34 725
-
-
Dividends
170 400
196 775
-
-
withholding
25 560
29 516
-
-
total
25 560
29 516
-
-
Income
231 500
231 500
231 500
231 500
Total tax
69 206
64 241
81 851
81 852
After tax
162 294
167 259
149 649
149 648
Living cost
17 453
17 453
17 453
17 453
Free-cash
144 841
149 806
132 196
132 195

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104472
₽104107
₽93324
₽75077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 500
income
-
-
-
30 524
surtax
-
-
-
-
social contributions

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

-
-
-
80 447
total
-
-
-
110 971
Employee
39 166
-
187 070
-
social contributions
4 309
-
20 578
-
surtax
-
-
333
-
income
7 653
-
63 877
-
total
11 962
-
84 788
-
Employer
39 166
-
187 070
-
social contributions
9 301
-
44 430
-
total
9 301
-
44 430
-
Corporate
183 033
231 500
-
-
surtax
-
-
-
-
income
38 438
48 616
-
-
total
38 438
48 616
-
-
Dividends
144 595
182 884
-
-
withholding
40 487
51 207
-
-
total
40 487
51 207
-
-
Income
231 500
231 500
231 500
231 500
Total tax
100 188
99 823
129 218
110 971
After tax
131 312
131 677
102 282
120 529
Living cost
27 205
27 205
27 205
27 205
Free-cash
104 107
104 472
75 077
93 324

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118197
₽111593
₽93850
₽89615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
accident
-
-
-
843
income
-
-
-
74 124
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
102 185
Employee
48 736
-
201 682
-
other
48
-
94
-
income
10 179
-
70 660
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
76 601
-
Employer
48 736
-
201 682
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
167 226
231 500
-
-
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.

25 084
34 724
-
-
total
25 084
34 724
-
-
Dividends
142 142
196 776
-
-
withholding
30 548
43 114
-
-
total
30 548
43 114
-
-
Income
231 500
231 500
231 500
231 500
Total tax
84 442
77 838
106 420
102 185
After tax
147 058
153 662
125 080
129 315
Living cost
35 465
35 465
35 465
35 465
Free-cash
111 593
118 197
89 615
93 850

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
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.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽180561
₽174408
₽169987
₽179643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
34 725
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
44 142
Employee
23 001
-
224 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
22 458
-
pensions

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

2 019
-
3 097
-
total
5 630
-
27 565
-
Employer
23 001
-
224 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
203 986
231 500
-
-
income
20 399
23 150
-
-
total
20 399
23 150
-
-
Dividends
183 587
208 350
-
-
withholding
9 179
10 418
-
-
total
9 179
10 418
-
-
Income
231 500
231 500
231 500
231 500
Total tax
39 721
33 568
34 486
44 142
After tax
191 779
197 932
197 014
187 358
Living cost
17 371
17 371
17 371
17 371
Free-cash
174 408
180 561
179 643
169 987

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80096
₽93294
₽77377
₽103865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 500
trade
-
-
-
26 488
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.

-
-
-
77 519
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.

-
-
-
6 894
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.

-
-
-
4 263
total
-
-
-
115 164
Employee

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

50 210
-
231 500
-
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.

6 894
-
6 894
-
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.

228
-
4 263
-
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.

4 129
-
77 519
-
total
11 251
-
88 676
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 290
231 500
-
-
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.

1 496
1 909
-
-
income
27 193
34 724
-
-
trade
26 015
33 221
-
-
chamber of commerce
419
492
-
-
total
55 123
70 346
-
-
Dividends
126 167
161 153
-
-
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.

1 714
2 195
-
-
withholding
31 159
39 904
-
-
total
32 873
42 099
-
-
Income
231 500
231 500
231 500
231 500
Total tax
99 247
112 445
88 676
115 164
After tax
132 253
119 055
142 824
116 336
Living cost
38 959
38 959
38 959
38 959
Free-cash
93 294
80 096
103 865
77 377

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
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.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104566
₽106793
₽58228
₽58228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
75 920
social contributions
-
-
-
39 868
total
-
-
-
115 788
Employee
78 935
-
231 500
-
income
14 895
-
75 920
-
social contributions
6 558
-
39 868
-
total
21 453
-
115 788
-
Employer
78 935
-
231 500
-
total
-
-
-
-
Corporate
152 565
231 500
-
-
income
19 071
28 937
-
-
total
19 071
28 937
-
-
Dividends
133 493
202 563
-
-
withholding
26 699
40 513
-
-
total
26 699
40 513
-
-
Income
231 500
231 500
231 500
231 500
Total tax
67 223
69 450
115 788
115 788
After tax
164 277
162 050
115 712
115 712
Living cost
57 484
57 484
57 484
57 484
Free-cash
106 793
104 566
58 228
58 228

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108513
₽112039
₽153404
₽124690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 500
income
-
-
-
34 724
health

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

-
-
-
6 741
total
-
-
-
41 465
Employee
46 292
-
226 858
-
income
5 023
-
60 895
-
social contributions
4 638
-
4 642
-
total
9 661
-
65 537
-
Employer
46 292
-
226 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
180 570
231 500
-
-
income
63 200
81 025
-
-
total
63 200
81 025
-
-
Dividends
117 369
150 475
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
231 500
231 500
231 500
231 500
Total tax
82 830
86 356
70 179
41 465
After tax
148 670
145 144
161 321
190 035
Living cost
36 631
36 631
36 631
36 631
Free-cash
112 039
108 513
124 690
153 404

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108193
₽114191
₽111909
₽91250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
income
-
-
-
71 806
pensions
-
-
-
10 172
total
-
-
-
81 978
Employee
51 629
-
201 735
-
health
673
-
2 719
-
income
9 402
-
58 031
-
pensions
3 941
-
12 125
-
total
14 016
-
72 875
-
Employer
51 629
-
201 735
-
pensions
5 216
-
25 929
-
health
981
-
3 833
-
total
6 197
-
29 762
-
Corporate
173 674
231 500
-
-
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.

32 998
43 986
-
-
total
32 998
43 986
-
-
Dividends
140 676
187 514
-
-
withholding
26 485
41 708
-
-
total
26 485
41 708
-
-
Income
231 500
231 500
231 500
231 500
Total tax
79 696
85 694
102 637
81 978
After tax
151 804
145 806
128 863
149 522
Living cost
37 613
37 613
37 613
37 613
Free-cash
114 191
108 193
91 250
111 909

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
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.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽5146
₽15087
₽134159
₽103773
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
accident
-
-
-
253
income
-
-
-
66 456
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
73 443
Employee
37 593
-
211 724
-
health
4 304
-
24 242
-
income
5 157
-
52 157
-
pensions
4 233
-
7 654
-
total
13 694
-
84 053
-
Employer
37 593
-
211 724
-
accident
628
-
3 536
-
unemployment
921
-
5 187
-
pensions
6 112
-
11 053
-
total
7 661
-
19 776
-
Corporate
186 246
231 500
-
-
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.

167 622
208 350
-
-
total
167 622
208 350
-
-
Dividends
18 625
23 150
-
-
withholding
3 538
4 398
-
-
total
3 538
4 398
-
-
Income
231 500
231 500
231 500
231 500
Total tax
192 515
212 748
103 829
73 443
After tax
38 985
18 752
127 671
158 057
Living cost
23 898
23 898
23 898
23 898
Free-cash
15 087
-5 146
103 773
134 159

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163466
₽160413
₽134506
₽156698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 500
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
38 981
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
83 363
Employee

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

21 810
-
231 500
-
work injury
109
-
403
-
income
2 181
-
38 981
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
61 171
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
209 690
231 500
-
-
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%.

20 969
23 150
-
-
total
20 969
23 150
-
-
Dividends
188 721
208 350
-
-
withholding
28 308
31 253
-
-
total
28 308
31 253
-
-
Income
231 500
231 500
231 500
231 500
Total tax
57 456
54 403
61 171
83 363
After tax
174 044
177 097
170 329
148 137
Living cost
13 631
13 631
13 631
13 631
Free-cash
160 413
163 466
156 698
134 506

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽81736
₽77145
₽68725
₽60435
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 500
municipal
-
-
-
1 630
regional
-
-
-
5 690
national
-
-
-
64 748
social contributions
-
-
-
50 506
total
-
-
-
122 574
Employee
85 034
-
231 500
-
social contributions
28 673
-
66 215
-
regional
1 284
-
5 168
-
municipal
507
-
1 488
-
national
14 370
-
57 993
-
total
44 834
-
130 864
-
Employer
85 034
-
231 500
-
total
-
-
-
-
Corporate
146 466
231 500
-
-
nationa
35 152
55 560
-
-
municipal
7 061
11 159
-
-
total
42 213
66 719
-
-
Dividends
104 253
164 782
-
-
withholding
27 107
42 844
-
-
total
27 107
42 844
-
-
Income
231 500
231 500
231 500
231 500
Total tax
114 154
109 563
130 864
122 574
After tax
117 346
121 937
100 636
108 926
Living cost
40 201
40 201
40 201
40 201
Free-cash
77 145
81 736
60 435
68 725

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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