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
₽ 233500
per

Your estimated
City
free-cash

Dresden , Germany
₽86903
₽98140
₽83922
₽113257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 500
trade
-
-
-
29 335
income

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

-
-
-
78 224
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.

-
-
-
6 941
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.

-
-
-
4 302
total
-
-
-
118 802
Employee

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

38 862
-
233 500
-
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.

6 941
-
6 941
-
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.

60
-
4 302
-
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.

1 086
-
78 224
-
total
8 087
-
89 467
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 638
233 500
-
-
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.

1 606
1 926
-
-
income
29 196
35 025
-
-
trade
30 656
36 776
-
-
chamber of commerce
434
490
-
-
total
61 892
74 217
-
-
Dividends
132 745
159 283
-
-
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.

1 805
2 169
-
-
withholding
32 800
39 435
-
-
total
34 605
41 604
-
-
Income
233 500
233 500
233 500
233 500
Total tax
104 584
115 821
89 467
118 802
After tax
128 916
117 679
144 033
114 698
Living cost
30 776
30 776
30 776
30 776
Free-cash
98 140
86 903
113 257
83 922

Estimated living cost  is ₽30776 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94437
₽93585
₽81315
₽82568
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
municipal
-
-
-
25 972
pensions
-
-
-
28 020
national
-
-
-
44 416
social contributions
-
-
-
2 510
total
-
-
-
100 918
Employee
79 474
-
201 859
-
municipal
9 816
-
26 876
-
pensions
3 179
-
8 074
-
national
15 211
-
46 396
-
total
28 206
-
81 346
-
Employer
79 474
-
201 859
-
social contributions
854
-
2 170
-
pensions
6 358
-
16 149
-
total
7 212
-
18 319
-
Corporate
141 569
233 500
-
-
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%.

28 314
46 700
-
-
total
28 314
46 700
-
-
Dividends
113 255
186 800
-
-
withholding
24 916
41 096
-
-
total
24 916
41 096
-
-
Income
233 500
233 500
233 500
233 500
Total tax
88 648
87 796
99 665
100 918
After tax
144 852
145 704
133 835
132 582
Living cost
51 267
51 267
51 267
51 267
Free-cash
93 585
94 437
82 568
81 315

Estimated living cost  is ₽51267 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽165662
₽157328
₽64124
₽80639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 500
microenterprise
-
-
-
-
income
-
-
-
49 766
surtax
-
-
-
59 542
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.

-
-
-
38 930
total
-
-
-
148 238
Employee
29 690
-
184 079
-
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.

3 266
-
13 320
-
surtax
-
-
26 692
-
income
5 285
-
42 290
-
total
8 551
-
82 302
-
Employer
29 690
-
184 079
-
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.

7 152
-
29 171
-
surtax
-
-
20 250
-
total
7 152
-
49 421
-
Corporate
196 659
233 500
-
-
income

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

39 331
46 700
-
-
total
39 331
46 700
-
-
Dividends

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

157 328
186 800
-
-
total
-
-
-
-
Income
233 500
233 500
233 500
233 500
Total tax
55 034
46 700
131 723
148 238
After tax
178 466
186 800
101 777
85 262
Living cost
21 138
21 138
21 138
21 138
Free-cash
157 328
165 662
80 639
64 124

Estimated living cost  is ₽21138 per week

₽13486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73854
₽67629
₽82554
₽106763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
83 948
pensions
-
-
-
11 905
health
-
-
-
12 529
total
-
-
-
108 382
Employee
86 768
86 768
214 617
-
health
13 318
11 328
12 529
-
income

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

14 202
14 202
40 857
-
pensions
15 618
11 905
11 905
-
total
43 138
37 435
65 291
-
Employer
86 768
86 768
214 617
-
unemployment
3 124
3 124
3 881
-
pensions
6 039
6 039
7 506
-
health
6 031
6 031
7 495
-
total
15 194
15 194
18 882
-
Corporate
132 603
131 538
-
-
income
26 520
26 308
-
-
total
26 520
26 308
-
-
Dividends
106 083
105 230
-
-
income
22 542
22 361
-
-
withholding
15 913
15 784
-
-
total
38 455
38 145
-
-
Income
233 500
233 500
233 500
233 500
Total tax
123 307
117 082
84 173
108 382
After tax
110 193
116 418
149 327
125 118
Living cost
42 564
42 564
42 564
42 564
Free-cash
67 629
73 854
106 763
82 554

Estimated living cost  is ₽42564 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88349
₽87469
₽77013
₽76064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
municipal
-
-
-
62 219
accident
-
-
-
172
pensions
-
-
-
9 273
other
-
-
-
9 968
unemployment
-
-
-
86
health
-
-
-
5 353
national
-
-
-
30 274
total
-
-
-
117 345
Employee
55 773
-
206 547
-
municipal
16 632
-
61 592
-
national
-
-
29 748
-
total
16 632
-
91 340
-
Employer
55 773
-
206 547
-
accident
112
-
172
-
other
6 481
-
9 968
-
unemployment
1 472
-
2 265
-
pensions
6 029
-
9 273
-
health
3 430
-
5 276
-
total
17 524
-
26 954
-
Corporate
160 203
233 500
-
-
income
35 245
51 370
-
-
total
35 245
51 370
-
-
Dividends
124 958
182 130
-
-
withholding
37 488
54 639
-
-
total
37 488
54 639
-
-
Income
233 500
233 500
233 500
233 500
Total tax
106 889
106 009
118 294
117 345
After tax
126 611
127 491
115 206
116 155
Living cost
39 142
39 142
39 142
39 142
Free-cash
87 469
88 349
76 064
77 013

Estimated living cost  is ₽39142 per week

₽25941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76565
₽90841
₽73477
₽104118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 500
trade
-
-
-
30 641
income

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

-
-
-
78 224
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.

-
-
-
6 941
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.

-
-
-
4 302
total
-
-
-
120 108
Employee

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

51 527
-
233 500
-
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.

6 941
-
6 941
-
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.

243
-
4 302
-
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.

4 427
-
78 224
-
total
11 611
-
89 467
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 973
233 500
-
-
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.

1 502
1 926
-
-
income
27 295
35 025
-
-
trade
29 935
38 411
-
-
chamber of commerce
413
486
-
-
total
59 145
75 848
-
-
Dividends
122 829
157 652
-
-
surtax

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

1 668
2 146
-
-
withholding
30 320
39 026
-
-
total
31 988
41 172
-
-
Income
233 500
233 500
233 500
233 500
Total tax
102 744
117 020
89 467
120 108
After tax
130 756
116 480
144 033
113 392
Living cost
39 915
39 915
39 915
39 915
Free-cash
90 841
76 565
104 118
73 477

Estimated living cost  is ₽39915 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137208
₽132993
₽123911
₽122006
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
54 239
health
-
-
-
5 954
social contributions
-
-
-
16 440
total
-
-
-
76 633
Employee
78 130
78 130
220 672
-
social contributions
3 797
6 484
8 746
-
health
777
1 329
3 752
-
income
8 204
7 233
53 212
-
total
12 778
15 046
65 710
-
Employer
78 130
78 130
220 672
-
social contributions
3 797
6 484
8 746
-
health
846
1 446
4 082
-
total
4 643
7 930
12 828
-
Corporate
183 123
147 439
-
-
income
22 891
18 429
-
-
total
22 891
18 429
-
-
Dividends
160 232
129 010
-
-
withholding
27 239
21 931
-
-
total
27 239
21 931
-
-
Income
233 500
233 500
233 500
233 500
Total tax
67 551
63 336
78 538
76 633
After tax
165 949
170 164
154 962
156 867
Living cost
32 956
32 956
32 956
32 956
Free-cash
132 993
137 208
122 006
123 911

Estimated living cost  is ₽32956 per week

₽22529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112650
₽113035
₽143356
₽116959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
28 545
pensions
-
-
-
23 350
unemployment
-
-
-
3 502
health
-
-
-
16 345
total
-
-
-
71 742
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.

26 564
10 572
195 397
-
health
1 859
740
13 678
-
income
3 247
1 292
23 887
-
pensions
2 656
1 057
19 540
-
unemployment
398
159
2 931
-
total
8 160
3 248
60 036
-
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.

26 564
10 572
195 397
-
pensions
5 180
2 062
38 103
-
total
5 180
2 062
38 103
-
Corporate
201 756
220 866
-
-
income
18 158
19 878
-
-
total
18 158
19 878
-
-
Dividends
183 598
200 988
-
-
social contributions
35 681
39 072
-
-
withholding
34 884
38 188
-
-
total
70 565
77 260
-
-
Income
233 500
233 500
233 500
233 500
Total tax
102 063
102 448
98 139
71 742
After tax
131 437
131 052
135 361
161 758
Living cost
18 402
18 402
18 402
18 402
Free-cash
113 035
112 650
116 959
143 356

Estimated living cost  is ₽18402 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162258
₽155947
₽100615
₽110044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
31 288
pensions
-
-
-
46 700
health
-
-
-
30 355
total
-
-
-
108 343
Employee
28 824
-
174 515
-
income
3 245
-
33 647
-
pensions
577
-
3 490
-
unemployment
461
-
2 792
-
total
4 283
-
39 929
-
Employer
28 824
-
174 515
-
unemployment
231
-
1 396
-
pensions
5 765
-
34 902
-
health
3 746
-
22 687
-
total
9 742
-
58 985
-
Corporate
194 933
233 500
-
-
income
38 986
46 700
-
-
total
38 986
46 700
-
-
Dividends
155 947
186 800
-
-
total
-
-
-
-
Income
233 500
233 500
233 500
233 500
Total tax
53 011
46 700
98 914
108 343
After tax
180 489
186 800
134 586
125 157
Living cost
24 542
24 542
24 542
24 542
Free-cash
155 947
162 258
110 044
100 615

Estimated living cost  is ₽24542 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3277
₽15509
₽137229
₽106604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
accident
-
-
-
255
income
-
-
-
67 055
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
74 081
Employee
34 905
-
213 588
-
health
3 997
-
24 456
-
income
4 789
-
52 643
-
pensions
3 930
-
7 695
-
total
12 716
-
84 794
-
Employer
34 905
-
213 588
-
accident
583
-
3 567
-
unemployment
855
-
5 233
-
pensions
5 676
-
11 112
-
total
7 114
-
19 912
-
Corporate
191 481
233 500
-
-
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.

172 333
210 150
-
-
total
172 333
210 150
-
-
Dividends
19 148
23 350
-
-
withholding
3 638
4 437
-
-
total
3 638
4 437
-
-
Income
233 500
233 500
233 500
233 500
Total tax
195 801
214 587
104 706
74 081
After tax
37 699
18 913
128 794
159 419
Living cost
22 190
22 190
22 190
22 190
Free-cash
15 509
-3 277
106 604
137 229

Estimated living cost  is ₽22190 per week

₽16263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽212563
₽210827
₽221903
₽177538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
233 500
microenterprise

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

-
-
-
2 335
total
-
-
-
2 335
Employee
11 577
-
233 500
-
income
2 315
-
46 700
-
total
2 315
-
46 700
-
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%.

221 923
233 500
-
-
total
-
-
-
-
Dividends
221 923
233 500
-
-
withholding
11 096
11 675
-
-
total
11 096
11 675
-
-
Income
233 500
233 500
233 500
233 500
Total tax
13 411
11 675
46 700
2 335
After tax
220 089
221 825
186 800
231 165
Living cost
9 262
9 262
9 262
9 262
Free-cash
210 827
212 563
177 538
221 903

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144478
₽137618
₽113934
₽112022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
41 271
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.

-
-
-
37 083
other
-
-
-
7 339
health
-
-
-
6 799
total
-
-
-
92 492
Employee
36 892
-
194 246
-
health
517
-
2 163
-
income
6 351
-
40 630
-
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.

2 582
-
10 815
-
unemployment
368
-
1 544
-
total
9 818
-
55 152
-
Employer
36 892
-
194 246
-
accident
295
-
1 554
-
other
1 845
-
7 724
-
unemployment
368
-
1 544
-
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.

6 272
-
26 267
-
health
517
-
2 163
-
total
9 297
-
39 252
-
Corporate
187 310
233 500
-
-
income
39 335
49 035
-
-
total
39 335
49 035
-
-
Dividends
147 975
184 465
-
-
withholding
10 358
12 913
-
-
total
10 358
12 913
-
-
Income
233 500
233 500
233 500
233 500
Total tax
68 808
61 948
94 404
92 492
After tax
164 692
171 552
139 096
141 008
Living cost
27 074
27 074
27 074
27 074
Free-cash
137 618
144 478
112 022
113 934

Estimated living cost  is ₽27074 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78695
₽86930
₽82434
₽61594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
72 400
pensions
-
-
-
10 269
total
-
-
-
82 669
Employee
96 771
-
203 481
-
health
1 595
-
2 744
-
income
17 444
-
58 508
-
pensions
9 336
-
12 239
-
total
28 375
-
73 491
-
Employer
96 771
-
203 481
-
pensions
11 426
-
26 151
-
health
1 838
-
3 867
-
total
13 264
-
30 018
-
Corporate
123 465
233 500
-
-
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.

23 458
44 366
-
-
total
23 458
44 366
-
-
Dividends
100 008
189 134
-
-
withholding
13 076
42 042
-
-
total
13 076
42 042
-
-
Income
233 500
233 500
233 500
233 500
Total tax
78 173
86 408
103 509
82 669
After tax
155 327
147 092
129 991
150 831
Living cost
68 397
68 397
68 397
68 397
Free-cash
86 930
78 695
61 594
82 434

Estimated living cost  is ₽68397 per week

₽51251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽186320
₽181601
₽175676
₽185422
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
35 025
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
44 502
Employee
17 640
-
226 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
22 654
-
pensions

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

1 549
-
3 116
-
total
4 318
-
27 793
-
Employer
17 640
-
226 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
212 398
233 500
-
-
income
21 240
23 350
-
-
total
21 240
23 350
-
-
Dividends
191 158
210 150
-
-
withholding
9 558
10 508
-
-
total
9 558
10 508
-
-
Income
233 500
233 500
233 500
233 500
Total tax
38 577
33 858
34 756
44 502
After tax
194 923
199 642
198 744
188 998
Living cost
13 322
13 322
13 322
13 322
Free-cash
181 601
186 320
185 422
175 676

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60076
₽62631
₽68776
₽92985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
83 948
pensions
-
-
-
11 905
health
-
-
-
12 529
total
-
-
-
108 382
Employee
94 202
86 768
214 617
-
health
11 752
11 328
12 529
-
income

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

14 202
14 202
40 857
-
pensions
11 905
11 905
11 905
-
total
37 859
37 435
65 291
-
Employer
94 202
86 768
214 617
-
unemployment
3 392
3 124
3 881
-
pensions
6 556
6 039
7 506
-
health
6 546
6 031
7 495
-
total
16 494
15 194
18 882
-
Corporate
122 805
131 538
-
-
income
24 561
26 308
-
-
total
24 561
26 308
-
-
Dividends
98 244
105 230
-
-
income
20 876
22 361
-
-
withholding
14 737
15 784
-
-
total
35 613
38 145
-
-
Income
233 500
233 500
233 500
233 500
Total tax
114 527
117 082
84 173
108 382
After tax
118 973
116 418
149 327
125 118
Living cost
56 342
56 342
56 342
56 342
Free-cash
62 631
60 076
92 985
68 776

Estimated living cost  is ₽56342 per week

₽41562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136491
₽127830
₽114398
₽104058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
25 057
health
-
-
-
31 522
solidarity contribution
-
-
-
3 320
social contributions
-
-
-
34 929
total
-
-
-
94 828
Employee
35 696
-
186 785
-
social contributions
2 320
-
7 775
-
health
4 819
-
25 216
-
solidarity contribution
-
-
2 392
-
income
4 284
-
23 069
-
total
11 423
-
58 452
-
Employer
35 696
-
186 785
-
social contributions
8 924
-
29 905
-
health
3 213
-
16 811
-
total
12 137
-
46 716
-
Corporate
185 667
233 500
-
-
income
35 277
44 365
-
-
total
35 277
44 365
-
-
Dividends
150 390
189 135
-
-
withholding
22 559
28 370
-
-
total
22 559
28 370
-
-
Income
233 500
233 500
233 500
233 500
Total tax
81 396
72 735
105 168
94 828
After tax
152 104
160 765
128 332
138 672
Living cost
24 274
24 274
24 274
24 274
Free-cash
127 830
136 491
104 058
114 398

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81708
₽76403
₽69965
₽61354
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
municipal
-
-
-
1 462
regional
-
-
-
2 976
national
-
-
-
65 369
social contributions
-
-
-
50 854
total
-
-
-
120 661
Employee
90 301
-
233 500
-
social contributions
30 450
-
66 670
-
regional
852
-
2 700
-
municipal
478
-
1 334
-
national
15 647
-
58 568
-
total
47 427
-
129 272
-
Employer
90 301
-
233 500
-
total
-
-
-
-
Corporate
143 199
233 500
-
-
nationa
34 368
56 040
-
-
municipal
5 584
9 107
-
-
total
39 952
65 147
-
-
Dividends
103 247
168 353
-
-
withholding
26 844
43 771
-
-
total
26 844
43 771
-
-
Income
233 500
233 500
233 500
233 500
Total tax
114 223
108 918
129 272
120 661
After tax
119 277
124 582
104 228
112 839
Living cost
42 874
42 874
42 874
42 874
Free-cash
76 403
81 708
61 354
69 965

Estimated living cost  is ₽42874 per week

₽29887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124451
₽121288
₽87355
₽81143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
74 165
pensions
-
-
-
27 122
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
12 579
total
-
-
-
123 724
Employee
33 601
-
204 955
-
other
-
-
-
-
health
858
-
3 457
-
surtax
110
-
11 363
-
income
5 632
-
68 088
-
pensions
2 241
-
9 045
-
unemployment
2 339
-
9 438
-
total
11 180
-
101 391
-
Employer
33 601
-
204 955
-
other
-
-
-
-
unemployment
1 064
-
4 298
-
pensions
4 479
-
18 077
-
health
1 529
-
6 170
-
total
7 072
-
28 545
-
Corporate
192 827
233 500
-
-
income
50 134
60 710
-
-
total
50 134
60 710
-
-
Dividends
142 692
172 790
-
-
withholding
21 405
25 918
-
-
total
21 405
25 918
-
-
Income
233 500
233 500
233 500
233 500
Total tax
89 791
86 628
129 936
123 724
After tax
143 709
146 872
103 564
109 776
Living cost
22 421
22 421
22 421
22 421
Free-cash
121 288
124 451
81 143
87 355

Estimated living cost  is ₽22421 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
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.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100365
₽107122
₽104104
₽83264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
72 400
pensions
-
-
-
10 269
total
-
-
-
82 669
Employee
64 853
-
203 481
-
health
941
-
2 744
-
income
11 680
-
58 508
-
pensions
5 505
-
12 239
-
total
18 126
-
73 491
-
Employer
64 853
-
203 481
-
pensions
7 020
-
26 151
-
health
1 232
-
3 867
-
total
8 252
-
30 018
-
Corporate
160 394
233 500
-
-
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.

30 476
44 366
-
-
total
30 476
44 366
-
-
Dividends
129 919
189 134
-
-
withholding
22 797
42 042
-
-
total
22 797
42 042
-
-
Income
233 500
233 500
233 500
233 500
Total tax
79 651
86 408
103 509
82 669
After tax
153 849
147 092
129 991
150 831
Living cost
46 727
46 727
46 727
46 727
Free-cash
107 122
100 365
83 264
104 104

Estimated living cost  is ₽46727 per week

₽35007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29148
₽62361
₽107286
₽99006
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
city
-
-
-
2 460
pensions
-
-
-
21 483
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.

-
-
-
4 669
regional
-
-
-
13 222
health
-
-
-
526
national
-
-
-
6 228
total
-
-
-
48 588
Employee
90 843
-
210 301
-
city
975
-
2 277
-
regional
2 975
-
11 827
-
health
205
-
473
-
pensions
7 632
-
16 207
-
unemployment
-
-
-
-
national
430
-
5 197
-
total
12 217
-
35 981
-
Employer
90 843
-
210 301
-
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.

1 816
-
4 207
-
unemployment
-
-
-
-
pensions
7 632
-
16 207
-
health
205
-
473
-
total
9 653
-
20 887
-
Corporate
132 004
233 500
-
-
regional
27 918
49 385
-
-
national
11 221
19 848
-
-
total
39 139
69 233
-
-
Dividends
92 865
164 267
-
-
withholding
32 504
57 493
-
-
total
32 504
57 493
-
-
Income
233 500
233 500
233 500
233 500
Total tax
93 513
126 726
56 868
48 588
After tax
139 987
106 774
176 632
184 912
Living cost
77 626
77 626
77 626
77 626
Free-cash
62 361
29 148
99 006
107 286

Estimated living cost  is ₽77626 per week

₽50479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68731
₽85209
₽65543
₽97487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 500
trade
-
-
-
31 944
income

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

-
-
-
78 224
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.

-
-
-
6 941
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.

-
-
-
4 302
total
-
-
-
121 411
Employee

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

61 064
-
233 500
-
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.

6 941
-
6 941
-
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.

395
-
4 302
-
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.

7 181
-
78 224
-
total
14 517
-
89 467
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 436
233 500
-
-
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.

1 423
1 926
-
-
income
25 866
35 025
-
-
trade
29 572
40 046
-
-
chamber of commerce
397
482
-
-
total
57 258
77 479
-
-
Dividends
115 177
156 020
-
-
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.

1 562
2 125
-
-
withholding
28 408
38 619
-
-
total
29 970
40 744
-
-
Income
233 500
233 500
233 500
233 500
Total tax
101 745
118 223
89 467
121 411
After tax
131 755
115 277
144 033
112 089
Living cost
46 546
46 546
46 546
46 546
Free-cash
85 209
68 731
97 487
65 543

Estimated living cost  is ₽46546 per week

₽33996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82922
₽88924
₽92584
₽85432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
44 247
pensions
-
-
-
36 439
other
-
-
-
7 238
health
-
-
-
11 575
surtax
-
-
-
-
social contributions
-
-
-
6 654
total
-
-
-
106 153
Employee
43 486
-
177 892
-
social contributions
1 240
-
5 067
-
surtax
-
-
-
-
income
2 566
-
39 087
-
pensions
4 917
-
13 542
-
total
8 723
-
57 696
-
Employer
43 486
-
177 892
-
other
1 500
-
7 438
-
social contributions
131
-
534
-
unemployment
1 760
-
7 204
-
pensions
7 144
-
22 587
-
health
3 045
-
17 846
-
total
13 580
-
55 609
-
Corporate
176 434
233 500
-
-
surtax
-
-
-
-
income
49 402
65 380
-
-
total
49 402
65 380
-
-
Dividends
127 032
168 120
-
-
surtax
-
-
-
-
social contributions
21 848
28 917
-
-
withholding
16 260
21 518
-
-
total
38 108
50 435
-
-
Income
233 500
233 500
233 500
233 500
Total tax
109 813
115 815
113 305
106 153
After tax
123 687
117 685
120 195
127 347
Living cost
34 763
34 763
34 763
34 763
Free-cash
88 924
82 922
85 432
92 584

Estimated living cost  is ₽34763 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
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.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86366
₽92008
₽96028
₽88876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
44 247
pensions
-
-
-
36 439
other
-
-
-
7 238
health
-
-
-
11 575
surtax
-
-
-
-
social contributions
-
-
-
6 654
total
-
-
-
106 153
Employee
38 817
-
177 892
-
social contributions
1 107
-
5 067
-
surtax
-
-
-
-
income
2 001
-
39 087
-
pensions
4 390
-
13 542
-
total
7 498
-
57 696
-
Employer
38 817
-
177 892
-
other
1 340
-
7 438
-
social contributions
116
-
534
-
unemployment
1 571
-
7 204
-
pensions
6 378
-
22 587
-
health
2 717
-
17 846
-
total
12 122
-
55 609
-
Corporate
182 560
233 500
-
-
surtax
-
-
-
-
income
51 118
65 380
-
-
total
51 118
65 380
-
-
Dividends
131 442
168 120
-
-
surtax
-
-
-
-
social contributions
22 610
28 917
-
-
withholding
16 825
21 518
-
-
total
39 435
50 435
-
-
Income
233 500
233 500
233 500
233 500
Total tax
110 173
115 815
113 305
106 153
After tax
123 327
117 685
120 195
127 347
Living cost
31 319
31 319
31 319
31 319
Free-cash
92 008
86 366
88 876
96 028

Estimated living cost  is ₽31319 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120911
₽121438
₽128407
₽121990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
35 025
health
-
-
-
16 299
social contributions
-
-
-
32 224
total
-
-
-
83 548
Employee
34 451
-
233 500
-
social contributions
4 755
-
32 224
-
health
2 404
-
16 299
-
income
5 746
-
41 442
-
total
12 905
-
89 965
-
Employer
34 451
-
233 500
-
total
-
-
-
-
Corporate
199 049
233 500
-
-
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%.

9 953
11 675
-
-
total
9 953
11 675
-
-
Dividends
189 096
221 825
-
-
health
13 198
15 483
-
-
social contributions
26 096
30 612
-
-
withholding
28 365
33 274
-
-
total
67 659
79 369
-
-
Income
233 500
233 500
233 500
233 500
Total tax
90 517
91 044
89 965
83 548
After tax
142 983
142 456
143 535
149 952
Living cost
21 545
21 545
21 545
21 545
Free-cash
121 438
120 911
121 990
128 407

Estimated living cost  is ₽21545 per week

₽14419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92871
₽91300
₽83737
₽25361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
chamber of commerce
-
-
-
933
income
-
-
-
75 555
pensions
-
-
-
21 960
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
201
total
-
-
-
113 961
Employee
50 778
40 492
193 666
-
other
507
405
1 188
-
health
1 965
1 568
4 593
-
income
5 781
2 987
63 553
-
pensions
5 200
4 146
12 155
-
unemployment
1 523
1 215
3 561
-
total
14 976
10 321
85 050
-
Employer
50 778
40 492
193 666
-
accident
659
526
1 543
-
other
2 412
1 922
8 561
-
chamber of commerce
202
162
775
-
unemployment
1 523
1 215
3 561
-
surtax
201
201
201
-
pensions
6 373
5 083
14 897
-
payroll
1 523
1 215
5 810
-
health
1 919
1 531
4 487
-
total
14 812
11 855
39 835
-
Corporate
167 910
181 154
189 810
-
income

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

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

41 978
45 289
47 452
-
total
41 978
45 289
47 452
-
Dividends
125 931
135 865
-
-
withholding
34 632
37 362
-
-
total
34 632
37 362
-
-
Income
233 500
233 500
233 500
233 500
Total tax
106 398
104 827
172 337
113 961
After tax
127 102
128 673
61 163
119 539
Living cost
35 802
35 802
35 802
35 802
Free-cash
91 300
92 871
25 361
83 737

Estimated living cost  is ₽35802 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
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.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽90816
₽78190
₽64535
₽42118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
national
-
-
-
94 095
communal

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

-
-
-
12 491
social contributions
-
-
-
25 332
total
-
-
-
131 918
Employee

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

72 680
-
180 857
-
communal

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

3 791
-
9 433
-
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.

3 415
-
8 501
-
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.

5 451
-
13 565
-
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.

632
-
1 573
-
national
22 345
-
68 620
-
total
35 634
-
101 692
-
Employer

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

72 680
-
180 857
-
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.

945
-
2 350
-
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.

1 060
-
2 640
-
surtax
8 241
-
20 508
-
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.

6 440
-
16 023
-
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.

4 470
-
11 122
-
total
21 156
-
52 643
-
Corporate
139 664
233 500
-
-
surtax
559
1 007
-
-
income
27 933
50 362
-
-
total
28 492
51 369
-
-
Dividends
111 172
182 132
-
-
withholding

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

32 981
54 268
-
-
total
32 981
54 268
-
-
Income
233 500
233 500
233 500
233 500
Total tax
118 263
105 637
154 335
131 918
After tax
115 237
127 863
79 165
101 582
Living cost
37 047
37 047
37 047
37 047
Free-cash
78 190
90 816
42 118
64 535

Estimated living cost  is ₽37047 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
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.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118291
₽111332
₽93736
₽89471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
accident
-
-
-
848
income
-
-
-
74 818
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
103 070
Employee
50 577
-
203 476
-
other
50
-
94
-
income
10 671
-
71 330
-
pensions
2 377
-
4 427
-
unemployment
785
-
1 460
-
total
13 883
-
77 311
-
Employer
50 577
-
203 476
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 782
-
5 179
-
pensions
11 935
-
22 226
-
total
16 121
-
30 024
-
Corporate
166 801
233 500
-
-
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.

25 020
35 025
-
-
total
25 020
35 025
-
-
Dividends
141 781
198 475
-
-
withholding
30 450
43 490
-
-
total
30 450
43 490
-
-
Income
233 500
233 500
233 500
233 500
Total tax
85 474
78 515
107 335
103 070
After tax
148 026
154 985
126 165
130 430
Living cost
36 694
36 694
36 694
36 694
Free-cash
111 332
118 291
89 471
93 736

Estimated living cost  is ₽36694 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76586
₽62612
₽54123
₽63433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
accident
-
-
-
1 969
income
-
-
-
44 455
pensions
-
-
-
34 998
health
-
-
-
16 405
surtax
-
-
-
11 577
communal
-
-
-
14 756
total
-
-
-
124 160
Employee
76 946
-
208 575
-
health
3 424
-
9 280
-
surtax
4 716
-
12 782
-
income
7 432
-
51 177
-
pensions
6 155
-
16 686
-
total
21 727
-
89 925
-
Employer
76 946
-
208 575
-
accident
692
-
1 878
-
pensions
6 155
-
16 686
-
health
2 347
-
6 361
-
total
9 194
-
24 925
-
Corporate
147 361
233 500
-
-
surtax
1 546
2 453
-
-
communal
9 947
15 761
-
-
income
22 105
35 025
-
-
total
33 598
53 239
-
-
Dividends
113 762
180 261
-
-
income
34 088
21 419
-
-
withholding
17 064
27 039
-
-
total
51 152
48 458
-
-
Income
233 500
233 500
233 500
233 500
Total tax
115 671
101 697
114 850
124 160
After tax
117 829
131 803
118 650
109 340
Living cost
55 217
55 217
55 217
55 217
Free-cash
62 612
76 586
63 433
54 123

Estimated living cost  is ₽55217 per week

₽41421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
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.
₽9865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124050
₽120818
₽86954
₽80742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
74 165
pensions
-
-
-
27 122
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
12 579
total
-
-
-
123 724
Employee
34 217
-
204 955
-
other
-
-
-
-
health
873
-
3 457
-
surtax
121
-
11 363
-
income
5 736
-
68 088
-
pensions
2 283
-
9 045
-
unemployment
2 381
-
9 438
-
total
11 394
-
101 391
-
Employer
34 217
-
204 955
-
other
-
-
-
-
unemployment
1 086
-
4 298
-
pensions
4 562
-
18 077
-
health
1 556
-
6 170
-
total
7 204
-
28 545
-
Corporate
192 079
233 500
-
-
income
49 940
60 710
-
-
total
49 940
60 710
-
-
Dividends
142 139
172 790
-
-
withholding
21 322
25 918
-
-
total
21 322
25 918
-
-
Income
233 500
233 500
233 500
233 500
Total tax
89 860
86 628
129 936
123 724
After tax
143 640
146 872
103 564
109 776
Living cost
22 822
22 822
22 822
22 822
Free-cash
120 818
124 050
80 742
86 954

Estimated living cost  is ₽22822 per week

₽13779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95361
₽93107
₽84737
₽76170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
municipal
-
-
-
1 462
regional
-
-
-
3 707
national
-
-
-
65 369
social contributions
-
-
-
50 854
total
-
-
-
121 392
Employee
56 363
-
233 500
-
social contributions
19 006
-
66 670
-
regional
759
-
3 387
-
municipal
299
-
1 334
-
national
8 929
-
58 568
-
total
28 993
-
129 959
-
Employer
56 363
-
233 500
-
total
-
-
-
-
Corporate
177 137
233 500
-
-
nationa
42 512
56 040
-
-
municipal
8 804
11 606
-
-
total
51 316
67 646
-
-
Dividends
125 821
165 854
-
-
withholding
32 713
43 122
-
-
total
32 713
43 122
-
-
Income
233 500
233 500
233 500
233 500
Total tax
113 022
110 768
129 959
121 392
After tax
120 478
122 732
103 541
112 108
Living cost
27 371
27 371
27 371
27 371
Free-cash
93 107
95 361
76 170
84 737

Estimated living cost  is ₽27371 per week

₽17022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130854
₽120183
₽108761
₽98421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
25 057
health
-
-
-
31 522
solidarity contribution
-
-
-
3 320
social contributions
-
-
-
34 929
total
-
-
-
94 828
Employee
43 987
-
186 785
-
social contributions
2 859
-
7 775
-
health
5 938
-
25 216
-
solidarity contribution
-
-
2 392
-
income
5 278
-
23 069
-
total
14 075
-
58 452
-
Employer
43 987
-
186 785
-
social contributions
10 997
-
29 905
-
health
3 959
-
16 811
-
total
14 956
-
46 716
-
Corporate
174 557
233 500
-
-
income
33 166
44 365
-
-
total
33 166
44 365
-
-
Dividends
141 391
189 135
-
-
withholding
21 209
28 370
-
-
total
21 209
28 370
-
-
Income
233 500
233 500
233 500
233 500
Total tax
83 406
72 735
105 168
94 828
After tax
150 094
160 765
128 332
138 672
Living cost
29 911
29 911
29 911
29 911
Free-cash
120 183
130 854
98 421
108 761

Estimated living cost  is ₽29911 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
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.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96365
₽95866
₽87324
₽28800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
chamber of commerce
-
-
-
933
income
-
-
-
75 555
pensions
-
-
-
21 960
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
-
total
-
-
-
113 760
Employee
44 415
40 492
193 853
-
other
443
405
1 188
-
health
1 718
1 568
4 593
-
income
3 957
2 987
63 641
-
pensions
4 549
4 146
12 155
-
unemployment
1 332
1 215
3 561
-
total
11 999
10 321
85 138
-
Employer
44 415
40 492
193 853
-
accident
577
526
1 543
-
other
2 109
1 922
8 569
-
chamber of commerce
177
162
775
-
unemployment
1 332
1 215
3 561
-
surtax
-
-
-
-
pensions
5 574
5 083
14 897
-
payroll
1 332
1 215
5 815
-
health
1 679
1 531
4 487
-
total
12 780
11 654
39 647
-
Corporate
176 303
181 355
189 997
-
income

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

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

44 076
45 339
47 499
-
total
44 076
45 339
47 499
-
Dividends
132 227
136 016
-
-
withholding
36 363
37 405
-
-
total
36 363
37 405
-
-
Income
233 500
233 500
233 500
233 500
Total tax
105 218
104 719
172 284
113 760
After tax
128 282
128 781
61 216
119 740
Living cost
32 416
32 416
32 416
32 416
Free-cash
95 866
96 365
28 800
87 324

Estimated living cost  is ₽32416 per week

₽19446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽207392
₽204686
₽216732
₽172367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
233 500
microenterprise

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

-
-
-
2 335
total
-
-
-
2 335
Employee
18 041
-
233 500
-
income
3 608
-
46 700
-
total
3 608
-
46 700
-
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%.

215 459
233 500
-
-
total
-
-
-
-
Dividends
215 459
233 500
-
-
withholding
10 773
11 675
-
-
total
10 773
11 675
-
-
Income
233 500
233 500
233 500
233 500
Total tax
14 381
11 675
46 700
2 335
After tax
219 119
221 825
186 800
231 165
Living cost
14 433
14 433
14 433
14 433
Free-cash
204 686
207 392
172 367
216 732

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
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.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133511
₽125011
₽80632
₽75563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 500
income
-
-
-
59 643
pensions
-
-
-
42 643
unemployment
-
-
-
351
health
-
-
-
22 978
total
-
-
-
125 615
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.

44 931
-
202 042
-
health
2 902
-
13 052
-
income
7 748
-
54 574
-
pensions
6 965
-
31 317
-
unemployment
64
-
283
-
total
17 679
-
99 226
-
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.

44 931
-
202 042
-
unemployment
27
-
121
-
pensions
3 976
-
17 880
-
health
2 993
-
13 457
-
total
6 996
-
31 458
-
Corporate
181 574
233 500
-
-
income
34 499
44 365
-
-
total
34 499
44 365
-
-
Dividends
147 075
189 135
-
-
withholding
22 062
28 371
-
-
total
22 062
28 371
-
-
Income
233 500
233 500
233 500
233 500
Total tax
81 236
72 736
130 684
125 615
After tax
152 264
160 764
102 816
107 885
Living cost
27 253
27 253
27 253
27 253
Free-cash
125 011
133 511
75 563
80 632

Estimated living cost  is ₽27253 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98168
₽49781
₽117474
₽176225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
45 514
social contributions
-
-
-
26 619
total
-
-
-
72 133
Employee
62 937
-
-
-
social contributions
5 161
-
735
-
income
13 883
-
-
-
total
19 044
-
735
-
Employer
62 937
-
-
-
social contributions
88 740
-
12 647
-
total
88 740
-
12 647
-
Corporate
81 823
233 500
-
-
income
18 001
51 370
-
-
total
18 001
51 370
-
-
Dividends
63 822
182 130
-
-
income
14 041
40 069
-
-
total
14 041
40 069
-
-
Income
233 500
233 500
233 500
233 500
Total tax
139 826
91 439
13 382
72 133
After tax
93 674
142 061
220 118
161 367
Living cost
43 893
43 893
43 893
43 893
Free-cash
49 781
98 168
176 225
117 474

Estimated living cost  is ₽43893 per week

₽28480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100944
₽99919
₽89681
₽71263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 500
income
-
-
-
30 807
surtax
-
-
-
-
social contributions

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

-
-
-
81 141
total
-
-
-
111 948
Employee
46 731
-
188 687
-
social contributions
5 141
-
20 755
-
surtax
-
-
341
-
income
9 720
-
64 457
-
total
14 861
-
85 553
-
Employer
46 731
-
188 687
-
social contributions
11 099
-
44 813
-
total
11 099
-
44 813
-
Corporate
175 670
233 500
-
-
surtax
-
-
-
-
income
36 892
49 035
-
-
total
36 892
49 035
-
-
Dividends
138 779
184 465
-
-
withholding
38 858
51 650
-
-
total
38 858
51 650
-
-
Income
233 500
233 500
233 500
233 500
Total tax
101 710
100 685
130 366
111 948
After tax
131 790
132 815
103 134
121 552
Living cost
31 871
31 871
31 871
31 871
Free-cash
99 919
100 944
71 263
89 681

Estimated living cost  is ₽31871 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68610
₽75592
₽78272
₽71120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
44 247
pensions
-
-
-
36 439
other
-
-
-
7 238
health
-
-
-
11 575
surtax
-
-
-
-
social contributions
-
-
-
6 654
total
-
-
-
106 153
Employee
63 638
-
177 892
-
social contributions
1 812
-
5 067
-
surtax
-
-
-
-
income
5 553
-
39 087
-
pensions
7 198
-
13 542
-
total
14 563
-
57 696
-
Employer
63 638
-
177 892
-
other
2 196
-
7 438
-
social contributions
191
-
534
-
unemployment
2 578
-
7 204
-
pensions
10 456
-
22 587
-
health
4 454
-
17 846
-
total
19 875
-
55 609
-
Corporate
149 986
233 500
-
-
surtax
-
-
-
-
income
41 996
65 380
-
-
total
41 996
65 380
-
-
Dividends
107 991
168 120
-
-
surtax
-
-
-
-
social contributions
18 576
28 917
-
-
withholding
13 823
21 518
-
-
total
32 399
50 435
-
-
Income
233 500
233 500
233 500
233 500
Total tax
108 833
115 815
113 305
106 153
After tax
124 667
117 685
120 195
127 347
Living cost
49 074
49 074
49 074
49 074
Free-cash
75 592
68 610
71 120
78 272

Estimated living cost  is ₽49074 per week

₽33213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽179608
₽176195
₽139545
₽145751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
12 043
social contributions
-
-
-
51 370
total
-
-
-
63 413
Employee
32 665
-
202 165
-
income
-
-
12 732
-
social contributions
2 123
-
13 140
-
total
2 123
-
25 872
-
Employer
32 665
-
202 165
-
social contributions
5 063
-
31 335
-
total
5 063
-
31 335
-
Corporate
195 771
233 500
-
-
income
19 577
23 350
-
-
total
19 577
23 350
-
-
Dividends
176 195
210 150
-
-
total
-
-
-
-
Income
233 500
233 500
233 500
233 500
Total tax
26 763
23 350
57 207
63 413
After tax
206 737
210 150
176 293
170 087
Living cost
30 542
30 542
30 542
30 542
Free-cash
176 195
179 608
145 751
139 545

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12148
₽6918
₽85633
₽12148
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
municipal
-
-
-
50 259
pensions
-
-
-
881
national
-
-
-
29 189
labour market
-
-
-
18 610
total
-
-
-
98 939
Employee
206 514
206 514
206 514
-
labour market
16 498
16 498
16 498
-
national
25 229
25 229
25 229
-
municipal
43 976
43 976
43 976
-
pensions
294
294
294
-
total
85 997
85 997
85 997
-
Employer
206 514
206 514
206 514
-
labour market
16 521
16 521
16 521
-
municipal
44 046
44 046
44 046
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 427
86 427
86 427
-
Corporate
12 148
-
-
-
income
2 672
-
-
-
total
2 672
-
-
-
Dividends
9 475
-
-
-
withholding
2 558
-
-
-
total
2 558
-
-
-
Income
233 500
233 500
233 500
233 500
Total tax
177 654
172 424
172 424
98 939
After tax
55 846
61 076
61 076
134 561
Living cost
48 928
48 928
48 928
48 928
Free-cash
6 918
12 148
12 148
85 633

Estimated living cost  is ₽48928 per week

₽33487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2949
₽15560
₽137557
₽106932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
accident
-
-
-
255
income
-
-
-
67 055
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
74 081
Employee
34 391
-
213 588
-
health
3 938
-
24 456
-
income
4 718
-
52 643
-
pensions
3 873
-
7 695
-
total
12 529
-
84 794
-
Employer
34 391
-
213 588
-
accident
574
-
3 567
-
unemployment
843
-
5 233
-
pensions
5 592
-
11 112
-
total
7 009
-
19 912
-
Corporate
192 100
233 500
-
-
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.

172 890
210 150
-
-
total
172 890
210 150
-
-
Dividends
19 210
23 350
-
-
withholding
3 650
4 437
-
-
total
3 650
4 437
-
-
Income
233 500
233 500
233 500
233 500
Total tax
196 078
214 587
104 706
74 081
After tax
37 422
18 913
128 794
159 419
Living cost
21 862
21 862
21 862
21 862
Free-cash
15 560
-2 949
106 932
137 557

Estimated living cost  is ₽21862 per week

₽15913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103919
₽107056
₽103673
₽76929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
233 500
municipal
-
-
-
41 460
health
-
-
-
3 172
national
-
-
-
46 186
total
-
-
-
90 818
Employee
53 457
-
196 433
-
health
399
-
2 601
-
municipal
8 756
-
31 973
-
pensions
3 608
-
13 260
-
unemployment
802
-
2 946
-
national
883
-
29 717
-
total
14 448
-
80 497
-
Employer
53 457
-
196 433
-
accident
54
-
197
-
unemployment
347
-
1 276
-
pensions
9 275
-
34 080
-
health
411
-
1 512
-
total
10 087
-
37 065
-
Corporate
169 957
233 500
-
-
income
33 992
46 700
-
-
total
33 992
46 700
-
-
Dividends

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

101 974
140 100
-
-
national
10 552
18 653
-
-
municipal
18 356
25 219
-
-
total
28 908
43 872
-
-
Income
233 500
233 500
233 500
233 500
Total tax
87 435
90 572
117 562
90 818
After tax
146 065
142 928
115 938
142 682
Living cost
39 009
39 009
39 009
39 009
Free-cash
107 056
103 919
76 929
103 673

Estimated living cost  is ₽39009 per week

₽25481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146639
₽141109
₽133342
₽131437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
54 239
health
-
-
-
5 954
social contributions
-
-
-
16 440
total
-
-
-
76 633
Employee
78 130
78 130
220 672
-
social contributions
2 954
6 484
8 746
-
health
605
1 329
3 752
-
income
8 507
7 233
53 212
-
total
12 066
15 046
65 710
-
Employer
78 130
78 130
220 672
-
social contributions
2 954
6 484
8 746
-
health
658
1 446
4 082
-
total
3 612
7 930
12 828
-
Corporate
194 297
147 439
-
-
income
24 287
18 429
-
-
total
24 287
18 429
-
-
Dividends
170 010
129 010
-
-
withholding
28 901
21 931
-
-
total
28 901
21 931
-
-
Income
233 500
233 500
233 500
233 500
Total tax
68 866
63 336
78 538
76 633
After tax
164 634
170 164
154 962
156 867
Living cost
23 525
23 525
23 525
23 525
Free-cash
141 109
146 639
131 437
133 342

Estimated living cost  is ₽23525 per week

₽14099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177229
₽172061
₽182993
₽162612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
233 500
income
-
-
-
24 206
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
34 375
Employee

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

23 322
-
223 570
-
health
1 982
-
8 195
-
income
1 595
-
21 688
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
44 826
-
Employer

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

23 322
-
223 570
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 146
-
total
2 401
-
9 930
-
Corporate
207 777
233 500
-
-
income
18 699
21 015
-
-
total
18 699
21 015
-
-
Dividends
189 078
212 485
-
-
withholding
17 016
19 124
-
-
total
17 016
19 124
-
-
Income
233 500
233 500
233 500
233 500
Total tax
45 307
40 139
54 756
34 375
After tax
188 193
193 361
178 744
199 125
Living cost
16 132
16 132
16 132
16 132
Free-cash
172 061
177 229
162 612
182 993

Estimated living cost  is ₽16132 per week

₽10293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127044
₽122558
₽102489
₽98224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
accident
-
-
-
848
income
-
-
-
74 818
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
103 070
Employee
37 570
-
203 476
-
other
37
-
94
-
income
7 243
-
71 330
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
77 311
-
Employer
37 570
-
203 476
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 226
-
total
11 978
-
30 024
-
Corporate
183 952
233 500
-
-
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.

27 592
35 025
-
-
total
27 592
35 025
-
-
Dividends
156 360
198 475
-
-
withholding
33 803
43 490
-
-
total
33 803
43 490
-
-
Income
233 500
233 500
233 500
233 500
Total tax
83 001
78 515
107 335
103 070
After tax
150 499
154 985
126 165
130 430
Living cost
27 941
27 941
27 941
27 941
Free-cash
122 558
127 044
98 224
102 489

Estimated living cost  is ₽27941 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
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.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142923
₽142467
₽147360
₽147163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
79 859
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
83 359
Employee
4 236
-
231 218
-
health
212
-
507
-
income
820
-
79 752
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
81 273
-
Employer
4 236
-
231 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
228 310
233 500
-
-
income
50 228
51 370
-
-
total
50 228
51 370
-
-
Dividends
178 082
182 130
-
-
withholding
35 616
36 426
-
-
total
35 616
36 426
-
-
Income
233 500
233 500
233 500
233 500
Total tax
88 252
87 796
83 556
83 359
After tax
145 248
145 704
149 944
150 141
Living cost
2 781
2 781
2 781
2 781
Free-cash
142 467
142 923
147 163
147 360

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151146
₽146148
₽133446
₽133445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 500
income
-
-
-
54 134
pensions
-
-
-
19 509
unemployment
-
-
-
1 125
health
-
-
-
7 728
total
-
-
-
82 496
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.

26 477
-
220 069
-
health
1 364
-
3 864
-
income
3 650
-
54 134
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
69 066
-
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.

26 477
-
220 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
202 284
233 500
-
-
income
30 343
35 025
-
-
total
30 343
35 025
-
-
Dividends
171 941
198 475
-
-
withholding
25 791
29 771
-
-
total
25 791
29 771
-
-
Income
233 500
233 500
233 500
233 500
Total tax
69 794
64 796
82 497
82 496
After tax
163 706
168 704
151 003
151 004
Living cost
17 558
17 558
17 558
17 558
Free-cash
146 148
151 146
133 445
133 446

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105423
₽105057
₽94160
₽75742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 500
income
-
-
-
30 807
surtax
-
-
-
-
social contributions

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

-
-
-
81 141
total
-
-
-
111 948
Employee
39 436
-
188 687
-
social contributions
4 338
-
20 755
-
surtax
-
-
341
-
income
7 705
-
64 457
-
total
12 043
-
85 553
-
Employer
39 436
-
188 687
-
social contributions
9 365
-
44 813
-
total
9 365
-
44 813
-
Corporate
184 699
233 500
-
-
surtax
-
-
-
-
income
38 787
49 035
-
-
total
38 787
49 035
-
-
Dividends
145 912
184 465
-
-
withholding
40 856
51 650
-
-
total
40 856
51 650
-
-
Income
233 500
233 500
233 500
233 500
Total tax
101 051
100 685
130 366
111 948
After tax
132 449
132 815
103 134
121 552
Living cost
27 392
27 392
27 392
27 392
Free-cash
105 057
105 423
75 742
94 160

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
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.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽119276
₽112629
₽94721
₽90456
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
accident
-
-
-
848
income
-
-
-
74 818
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
103 070
Employee
49 071
-
203 476
-
other
48
-
94
-
income
10 249
-
71 330
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
77 311
-
Employer
49 071
-
203 476
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 581
-
22 226
-
total
15 645
-
30 024
-
Corporate
168 784
233 500
-
-
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.

25 317
35 025
-
-
total
25 317
35 025
-
-
Dividends
143 467
198 475
-
-
withholding
30 837
43 490
-
-
total
30 837
43 490
-
-
Income
233 500
233 500
233 500
233 500
Total tax
85 162
78 515
107 335
103 070
After tax
148 338
154 985
126 165
130 430
Living cost
35 709
35 709
35 709
35 709
Free-cash
112 629
119 276
90 456
94 721

Estimated living cost  is ₽35709 per week

₽25645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽182163
₽175971
₽171519
₽181265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
35 025
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
44 502
Employee
23 145
-
226 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
22 654
-
pensions

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

2 032
-
3 116
-
total
5 666
-
27 793
-
Employer
23 145
-
226 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
205 814
233 500
-
-
income
20 582
23 350
-
-
total
20 582
23 350
-
-
Dividends
185 232
210 150
-
-
withholding
9 261
10 508
-
-
total
9 261
10 508
-
-
Income
233 500
233 500
233 500
233 500
Total tax
40 050
33 858
34 756
44 502
After tax
193 450
199 642
198 744
188 998
Living cost
17 479
17 479
17 479
17 479
Free-cash
175 971
182 163
181 265
171 519

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80852
₽94147
₽78078
₽104806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 500
trade
-
-
-
26 728
income

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

-
-
-
78 224
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.

-
-
-
6 941
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.

-
-
-
4 302
total
-
-
-
116 195
Employee

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

50 555
-
233 500
-
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.

6 941
-
6 941
-
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.

229
-
4 302
-
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.

4 157
-
78 224
-
total
11 327
-
89 467
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 945
233 500
-
-
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.

1 510
1 926
-
-
income
27 442
35 025
-
-
trade
26 252
33 508
-
-
chamber of commerce
422
497
-
-
total
55 626
70 956
-
-
Dividends
127 319
162 543
-
-
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.

1 730
2 214
-
-
withholding
31 443
40 251
-
-
total
33 173
42 465
-
-
Income
233 500
233 500
233 500
233 500
Total tax
100 126
113 421
89 467
116 195
After tax
133 374
120 079
144 033
117 305
Living cost
39 227
39 227
39 227
39 227
Free-cash
94 147
80 852
104 806
78 078

Estimated living cost  is ₽39227 per week

₽27060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105572
₽107814
₽58795
₽58795
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
76 606
social contributions
-
-
-
40 220
total
-
-
-
116 826
Employee
79 479
-
233 500
-
income
14 997
-
76 606
-
social contributions
6 603
-
40 220
-
total
21 600
-
116 826
-
Employer
79 479
-
233 500
-
total
-
-
-
-
Corporate
154 021
233 500
-
-
income
19 253
29 187
-
-
total
19 253
29 187
-
-
Dividends
134 768
204 313
-
-
withholding
26 954
40 862
-
-
total
26 954
40 862
-
-
Income
233 500
233 500
233 500
233 500
Total tax
67 807
70 049
116 826
116 826
After tax
165 693
163 451
116 674
116 674
Living cost
57 879
57 879
57 879
57 879
Free-cash
107 814
105 572
58 795
58 795

Estimated living cost  is ₽57879 per week

₽44034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109523
₽113075
₽154780
₽125812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 500
income
-
-
-
35 025
health

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

-
-
-
6 812
total
-
-
-
41 837
Employee
46 611
-
228 826
-
income
5 058
-
61 457
-
social contributions
4 670
-
4 674
-
total
9 728
-
66 131
-
Employer
46 611
-
228 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
182 219
233 500
-
-
income
63 776
81 726
-
-
total
63 776
81 726
-
-
Dividends
118 443
151 774
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
233 500
233 500
233 500
233 500
Total tax
83 542
87 094
70 805
41 837
After tax
149 958
146 406
162 695
191 663
Living cost
36 883
36 883
36 883
36 883
Free-cash
113 075
109 523
125 812
154 780

Estimated living cost  is ₽36883 per week

₽24295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
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.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109105
₽115161
₽112844
₽92004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
income
-
-
-
72 400
pensions
-
-
-
10 269
total
-
-
-
82 669
Employee
52 143
-
203 481
-
health
680
-
2 744
-
income
9 496
-
58 508
-
pensions
3 980
-
12 239
-
total
14 156
-
73 491
-
Employer
52 143
-
203 481
-
pensions
5 268
-
26 151
-
health
991
-
3 867
-
total
6 259
-
30 018
-
Corporate
175 098
233 500
-
-
income

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

33 269
44 366
-
-
total
33 269
44 366
-
-
Dividends
141 829
189 134
-
-
withholding
26 668
42 042
-
-
total
26 668
42 042
-
-
Income
233 500
233 500
233 500
233 500
Total tax
80 352
86 408
103 509
82 669
After tax
153 148
147 092
129 991
150 831
Living cost
37 987
37 987
37 987
37 987
Free-cash
115 161
109 105
92 004
112 844

Estimated living cost  is ₽37987 per week

₽26059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3493
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.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5114
₽15228
₽135392
₽104767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
accident
-
-
-
255
income
-
-
-
67 055
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
74 081
Employee
37 795
-
213 588
-
health
4 327
-
24 456
-
income
5 185
-
52 643
-
pensions
4 256
-
7 695
-
total
13 768
-
84 794
-
Employer
37 795
-
213 588
-
accident
631
-
3 567
-
unemployment
926
-
5 233
-
pensions
6 145
-
11 112
-
total
7 702
-
19 912
-
Corporate
188 003
233 500
-
-
income

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

169 203
210 150
-
-
total
169 203
210 150
-
-
Dividends
18 800
23 350
-
-
withholding
3 572
4 437
-
-
total
3 572
4 437
-
-
Income
233 500
233 500
233 500
233 500
Total tax
194 245
214 587
104 706
74 081
After tax
39 255
18 913
128 794
159 419
Living cost
24 027
24 027
24 027
24 027
Free-cash
15 228
-5 114
104 767
135 392

Estimated living cost  is ₽24027 per week

₽17633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
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.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164932
₽161865
₽135888
₽158182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 500
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
39 329
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
83 917
Employee

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

21 911
-
233 500
-
work injury
110
-
405
-
income
2 191
-
39 329
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
61 623
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
211 589
233 500
-
-
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%.

21 159
23 350
-
-
total
21 159
23 350
-
-
Dividends
190 430
210 150
-
-
withholding
28 564
31 523
-
-
total
28 564
31 523
-
-
Income
233 500
233 500
233 500
233 500
Total tax
57 940
54 873
61 623
83 917
After tax
175 560
178 627
171 877
149 583
Living cost
13 695
13 695
13 695
13 695
Free-cash
161 865
164 932
158 182
135 888

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82513
₽77890
₽69411
₽61065
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 500
municipal
-
-
-
1 645
regional
-
-
-
5 743
national
-
-
-
65 369
social contributions
-
-
-
50 854
total
-
-
-
123 611
Employee
85 620
-
233 500
-
social contributions
28 871
-
66 670
-
regional
1 293
-
5 217
-
municipal
511
-
1 502
-
national
14 469
-
58 568
-
total
45 144
-
131 957
-
Employer
85 620
-
233 500
-
total
-
-
-
-
Corporate
147 880
233 500
-
-
nationa
35 492
56 040
-
-
municipal
7 128
11 255
-
-
total
42 620
67 295
-
-
Dividends
105 260
166 205
-
-
withholding
27 368
43 214
-
-
total
27 368
43 214
-
-
Income
233 500
233 500
233 500
233 500
Total tax
115 132
110 509
131 957
123 611
After tax
118 368
122 991
101 543
109 889
Living cost
40 478
40 478
40 478
40 478
Free-cash
77 890
82 513
61 065
69 411

Estimated living cost  is ₽40478 per week

₽28433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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