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
₽ 235500
per

Your estimated
City
free-cash

Dresden , Germany
₽88117
₽99279
₽84785
₽114486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 500
trade
-
-
-
29 701
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.

-
-
-
79 198
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 894
surtax

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

-
-
-
4 355
total
-
-
-
120 148
Employee

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

38 599
-
235 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
surtax

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

59
-
4 355
-
income

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

1 078
-
79 198
-
total
8 031
-
90 447
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
196 901
235 500
-
-
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.

1 624
1 942
-
-
income
29 535
35 324
-
-
trade
31 011
37 092
-
-
chamber of commerce
437
492
-
-
total
62 607
74 850
-
-
Dividends
134 294
160 650
-
-
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.

1 825
2 187
-
-
withholding
33 191
39 779
-
-
total
35 016
41 966
-
-
Income
235 500
235 500
235 500
235 500
Total tax
105 654
116 816
90 447
120 148
After tax
129 846
118 684
145 053
115 352
Living cost
30 567
30 567
30 567
30 567
Free-cash
99 279
88 117
114 486
84 785

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95958
₽95110
₽82494
₽83757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
municipal
-
-
-
26 212
pensions
-
-
-
28 260
national
-
-
-
45 008
social contributions
-
-
-
2 532
total
-
-
-
102 012
Employee
79 050
-
203 588
-
municipal
9 764
-
27 124
-
pensions
3 162
-
8 144
-
national
15 130
-
47 005
-
total
28 056
-
82 273
-
Employer
79 050
-
203 588
-
social contributions
850
-
2 189
-
pensions
6 324
-
16 287
-
total
7 174
-
18 476
-
Corporate
144 059
235 500
-
-
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%.

28 812
47 100
-
-
total
28 812
47 100
-
-
Dividends
115 247
188 400
-
-
withholding
25 354
41 448
-
-
total
25 354
41 448
-
-
Income
235 500
235 500
235 500
235 500
Total tax
89 396
88 548
100 749
102 012
After tax
146 104
146 952
134 751
133 488
Living cost
50 994
50 994
50 994
50 994
Free-cash
95 110
95 958
83 757
82 494

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽167405
₽159128
₽65234
₽81839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 500
microenterprise
-
-
-
-
income
-
-
-
50 553
surtax
-
-
-
60 052
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.

-
-
-
38 666
total
-
-
-
149 271
Employee
29 489
-
186 059
-
social contributions

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

3 244
-
13 230
-
surtax
-
-
26 978
-
income
5 249
-
43 017
-
total
8 493
-
83 225
-
Employer
29 489
-
186 059
-
social contributions

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

7 103
-
28 974
-
surtax
-
-
20 467
-
total
7 103
-
49 441
-
Corporate
198 908
235 500
-
-
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%.

39 781
47 100
-
-
total
39 781
47 100
-
-
Dividends

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

159 127
188 400
-
-
total
-
-
-
-
Income
235 500
235 500
235 500
235 500
Total tax
55 377
47 100
132 666
149 271
After tax
180 123
188 400
102 834
86 229
Living cost
20 995
20 995
20 995
20 995
Free-cash
159 128
167 405
81 839
65 234

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽75180
₽68998
₽83723
₽108322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
85 233
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
109 501
Employee
86 180
86 180
216 745
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
41 879
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
66 147
-
Employer
86 180
86 180
216 745
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
135 286
134 229
-
-
income
27 057
26 846
-
-
total
27 057
26 846
-
-
Dividends
108 229
107 383
-
-
income
22 999
22 819
-
-
withholding
16 234
16 108
-
-
total
39 233
38 927
-
-
Income
235 500
235 500
235 500
235 500
Total tax
124 226
118 044
84 902
109 501
After tax
111 274
117 456
150 598
125 999
Living cost
42 276
42 276
42 276
42 276
Free-cash
68 998
75 180
108 322
83 723

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89591
₽88716
₽78026
₽77080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
municipal
-
-
-
62 844
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
30 881
total
-
-
-
118 482
Employee
55 560
-
208 650
-
municipal
16 568
-
62 219
-
national
-
-
30 358
-
total
16 568
-
92 577
-
Employer
55 560
-
208 650
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
162 483
235 500
-
-
income
35 746
51 810
-
-
total
35 746
51 810
-
-
Dividends
126 737
183 690
-
-
withholding
38 021
55 107
-
-
total
38 021
55 107
-
-
Income
235 500
235 500
235 500
235 500
Total tax
107 792
106 917
119 428
118 482
After tax
127 708
128 583
116 072
117 018
Living cost
38 992
38 992
38 992
38 992
Free-cash
88 716
89 591
77 080
78 026

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽77827
₽92009
₽74387
₽105408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 500
trade
-
-
-
31 021
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.

-
-
-
79 198
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 894
surtax

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

-
-
-
4 355
total
-
-
-
121 468
Employee

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

51 178
-
235 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
surtax

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

241
-
4 355
-
income

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

4 397
-
79 198
-
total
11 532
-
90 447
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
184 322
235 500
-
-
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.

1 521
1 942
-
-
income
27 648
35 324
-
-
trade
30 320
38 739
-
-
chamber of commerce
416
488
-
-
total
59 905
76 493
-
-
Dividends
124 418
159 007
-
-
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.

1 689
2 166
-
-
withholding
30 720
39 369
-
-
total
32 409
41 535
-
-
Income
235 500
235 500
235 500
235 500
Total tax
103 846
118 028
90 447
121 468
After tax
131 654
117 472
145 053
114 032
Living cost
39 645
39 645
39 645
39 645
Free-cash
92 009
77 827
105 408
74 387

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
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.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138877
₽134694
₽125339
₽123426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
55 094
health
-
-
-
6 006
social contributions
-
-
-
16 328
total
-
-
-
77 428
Employee
77 601
77 601
222 694
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
3 786
-
income
8 149
7 184
54 062
-
total
12 692
14 945
66 535
-
Employer
77 601
77 601
222 694
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
4 119
-
total
4 612
7 877
12 806
-
Corporate
185 464
150 022
-
-
income
23 182
18 753
-
-
total
23 182
18 753
-
-
Dividends
162 282
131 269
-
-
withholding
27 587
22 315
-
-
total
27 587
22 315
-
-
Income
235 500
235 500
235 500
235 500
Total tax
68 073
63 890
79 341
77 428
After tax
167 427
171 610
156 159
158 072
Living cost
32 733
32 733
32 733
32 733
Free-cash
134 694
138 877
123 426
125 339

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113836
₽114217
₽144806
₽118185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
28 790
pensions
-
-
-
23 550
unemployment
-
-
-
3 533
health
-
-
-
16 485
total
-
-
-
72 358
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.

26 469
10 534
197 071
-
health
1 853
737
13 795
-
income
3 236
1 288
24 092
-
pensions
2 647
1 053
19 707
-
unemployment
397
158
2 956
-
total
8 133
3 236
60 550
-
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.

26 469
10 534
197 071
-
pensions
5 161
2 054
38 429
-
total
5 161
2 054
38 429
-
Corporate
203 870
222 912
-
-
income
18 348
20 062
-
-
total
18 348
20 062
-
-
Dividends
185 522
202 850
-
-
social contributions
36 056
39 435
-
-
withholding
35 249
38 541
-
-
total
71 305
77 976
-
-
Income
235 500
235 500
235 500
235 500
Total tax
102 947
103 328
98 979
72 358
After tax
132 553
132 172
136 521
163 142
Living cost
18 336
18 336
18 336
18 336
Free-cash
114 217
113 836
118 185
144 806

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164025
₽157756
₽101853
₽111364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
31 557
pensions
-
-
-
47 100
health
-
-
-
30 615
total
-
-
-
109 272
Employee
28 629
-
176 009
-
income
3 223
-
33 934
-
pensions
573
-
3 520
-
unemployment
458
-
2 815
-
total
4 254
-
40 269
-
Employer
28 629
-
176 009
-
unemployment
230
-
1 408
-
pensions
5 726
-
35 202
-
health
3 721
-
22 882
-
total
9 677
-
59 492
-
Corporate
197 194
235 500
-
-
income
39 438
47 100
-
-
total
39 438
47 100
-
-
Dividends
157 756
188 400
-
-
total
-
-
-
-
Income
235 500
235 500
235 500
235 500
Total tax
53 369
47 100
99 761
109 272
After tax
182 131
188 400
135 739
126 228
Living cost
24 375
24 375
24 375
24 375
Free-cash
157 756
164 025
111 364
101 853

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2997
₽15690
₽138705
₽107913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
accident
-
-
-
253
income
-
-
-
67 736
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
74 723
Employee
34 721
-
215 565
-
health
3 975
-
24 682
-
income
4 763
-
53 245
-
pensions
3 910
-
7 654
-
total
12 648
-
85 581
-
Employer
34 721
-
215 565
-
accident
580
-
3 600
-
unemployment
851
-
5 281
-
pensions
5 646
-
11 053
-
total
7 077
-
19 934
-
Corporate
193 703
235 500
-
-
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.

174 333
211 950
-
-
total
174 333
211 950
-
-
Dividends
19 370
23 550
-
-
withholding
3 680
4 475
-
-
total
3 680
4 475
-
-
Income
235 500
235 500
235 500
235 500
Total tax
197 738
216 425
105 515
74 723
After tax
37 762
19 075
129 985
160 777
Living cost
22 072
22 072
22 072
22 072
Free-cash
15 690
-2 997
107 913
138 705

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽214645
₽212943
₽224065
₽179320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
235 500
microenterprise

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

-
-
-
2 355
total
-
-
-
2 355
Employee
11 349
-
235 500
-
income
2 270
-
47 100
-
total
2 270
-
47 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

224 151
235 500
-
-
total
-
-
-
-
Dividends
224 151
235 500
-
-
withholding
11 207
11 775
-
-
total
11 207
11 775
-
-
Income
235 500
235 500
235 500
235 500
Total tax
13 477
11 775
47 100
2 355
After tax
222 023
223 725
188 400
233 145
Living cost
9 080
9 080
9 080
9 080
Free-cash
212 943
214 645
179 320
224 065

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽146130
₽139317
₽115850
₽113923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
41 886
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
92 759
Employee
36 642
-
196 483
-
health
513
-
2 149
-
income
6 308
-
41 244
-
pensions

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

2 564
-
10 742
-
unemployment
366
-
1 534
-
total
9 751
-
55 669
-
Employer
36 642
-
196 483
-
accident
293
-
1 572
-
other
1 833
-
7 672
-
unemployment
366
-
1 534
-
pensions

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

6 230
-
26 090
-
health
513
-
2 149
-
total
9 235
-
39 017
-
Corporate
189 623
235 500
-
-
income
39 821
49 456
-
-
total
39 821
49 456
-
-
Dividends
149 802
186 044
-
-
withholding
10 485
13 023
-
-
total
10 485
13 023
-
-
Income
235 500
235 500
235 500
235 500
Total tax
69 292
62 479
94 686
92 759
After tax
166 208
173 021
140 814
142 741
Living cost
26 891
26 891
26 891
26 891
Free-cash
139 317
146 130
113 923
115 850

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽80270
₽88424
₽84149
₽63150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
73 372
pensions
-
-
-
10 253
total
-
-
-
83 625
Employee
95 822
-
205 194
-
health
1 579
-
2 752
-
income
17 273
-
59 373
-
pensions
9 244
-
12 193
-
total
28 096
-
74 318
-
Employer
95 822
-
205 194
-
pensions
11 314
-
26 408
-
health
1 820
-
3 898
-
total
13 134
-
30 306
-
Corporate
126 544
235 500
-
-
income

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

24 044
44 745
-
-
total
24 044
44 745
-
-
Dividends
102 500
190 755
-
-
withholding
14 076
42 759
-
-
total
14 076
42 759
-
-
Income
235 500
235 500
235 500
235 500
Total tax
79 350
87 504
104 624
83 625
After tax
156 150
147 996
130 876
151 875
Living cost
67 726
67 726
67 726
67 726
Free-cash
88 424
80 270
63 150
84 149

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽188114
₽183423
₽177519
₽187375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
35 325
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
44 742
Employee
17 531
-
228 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
22 858
-
pensions

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

1 539
-
3 097
-
total
4 291
-
27 965
-
Employer
17 531
-
228 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
214 529
235 500
-
-
income
21 453
23 550
-
-
total
21 453
23 550
-
-
Dividends
193 076
211 950
-
-
withholding
9 654
10 597
-
-
total
9 654
10 597
-
-
Income
235 500
235 500
235 500
235 500
Total tax
38 838
34 147
34 886
44 742
After tax
196 662
201 353
200 614
190 758
Living cost
13 239
13 239
13 239
13 239
Free-cash
183 423
188 114
187 375
177 519

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽61495
₽64033
₽70038
₽94637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
85 233
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
109 501
Employee
93 564
86 180
216 745
-
health
11 673
11 251
12 444
-
income

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

14 106
14 106
41 879
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
66 147
-
Employer
93 564
86 180
216 745
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
125 554
134 229
-
-
income
25 111
26 846
-
-
total
25 111
26 846
-
-
Dividends
100 443
107 383
-
-
income
21 344
22 819
-
-
withholding
15 066
16 108
-
-
total
36 410
38 927
-
-
Income
235 500
235 500
235 500
235 500
Total tax
115 506
118 044
84 902
109 501
After tax
119 994
117 456
150 598
125 999
Living cost
55 961
55 961
55 961
55 961
Free-cash
64 033
61 495
94 637
70 038

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽137971
₽129349
₽115929
₽105469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
25 339
health
-
-
-
31 793
solidarity contribution
-
-
-
3 487
social contributions
-
-
-
34 781
total
-
-
-
95 400
Employee
35 546
-
188 735
-
social contributions
2 310
-
7 742
-
health
4 799
-
25 479
-
solidarity contribution
-
-
2 548
-
income
4 265
-
23 327
-
total
11 374
-
59 096
-
Employer
35 546
-
188 735
-
social contributions
8 886
-
29 778
-
health
3 199
-
16 986
-
total
12 085
-
46 764
-
Corporate
187 869
235 500
-
-
income
35 695
44 745
-
-
total
35 695
44 745
-
-
Dividends
152 174
190 755
-
-
withholding
22 826
28 613
-
-
total
22 826
28 613
-
-
Income
235 500
235 500
235 500
235 500
Total tax
81 980
73 358
105 860
95 400
After tax
153 520
162 142
129 640
140 100
Living cost
24 171
24 171
24 171
24 171
Free-cash
129 349
137 971
105 469
115 929

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
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.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83063
₽77796
₽71442
₽62887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
municipal
-
-
-
1 480
regional
-
-
-
3 019
national
-
-
-
66 466
social contributions
-
-
-
50 509
total
-
-
-
121 474
Employee
89 690
-
235 500
-
social contributions
30 243
-
66 219
-
regional
846
-
2 745
-
municipal
475
-
1 354
-
national
15 541
-
59 711
-
total
47 105
-
130 029
-
Employer
89 690
-
235 500
-
total
-
-
-
-
Corporate
145 810
235 500
-
-
nationa
34 995
56 521
-
-
municipal
5 686
9 185
-
-
total
40 681
65 706
-
-
Dividends
105 129
169 794
-
-
withholding
27 334
44 147
-
-
total
27 334
44 147
-
-
Income
235 500
235 500
235 500
235 500
Total tax
115 120
109 853
130 029
121 474
After tax
120 380
125 647
105 471
114 026
Living cost
42 584
42 584
42 584
42 584
Free-cash
77 796
83 063
62 887
71 442

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125860
₽122719
₽88410
₽82240
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
75 275
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
12 816
total
-
-
-
124 821
Employee
33 373
-
207 149
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
11 609
-
income
5 594
-
69 239
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
102 640
-
Employer
33 373
-
207 149
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
195 102
235 500
-
-
income
50 728
61 230
-
-
total
50 728
61 230
-
-
Dividends
144 375
174 270
-
-
withholding
21 656
26 141
-
-
total
21 656
26 141
-
-
Income
235 500
235 500
235 500
235 500
Total tax
90 512
87 371
130 991
124 821
After tax
144 988
148 129
104 509
110 679
Living cost
22 269
22 269
22 269
22 269
Free-cash
122 719
125 860
82 240
88 410

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽101727
₽108415
₽105606
₽84607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
73 372
pensions
-
-
-
10 253
total
-
-
-
83 625
Employee
64 218
-
205 194
-
health
932
-
2 752
-
income
11 566
-
59 373
-
pensions
5 451
-
12 193
-
total
17 949
-
74 318
-
Employer
64 218
-
205 194
-
pensions
6 952
-
26 408
-
health
1 220
-
3 898
-
total
8 172
-
30 306
-
Corporate
163 111
235 500
-
-
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.

30 991
44 745
-
-
total
30 991
44 745
-
-
Dividends
132 120
190 755
-
-
withholding
23 704
42 759
-
-
total
23 704
42 759
-
-
Income
235 500
235 500
235 500
235 500
Total tax
80 816
87 504
104 624
83 625
After tax
154 684
147 996
130 876
151 875
Living cost
46 269
46 269
46 269
46 269
Free-cash
108 415
101 727
84 607
105 606

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31416
₽64049
₽109752
₽101779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
city
-
-
-
2 482
pensions
-
-
-
21 666
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.

-
-
-
4 709
regional
-
-
-
13 495
health
-
-
-
529
national
-
-
-
6 593
total
-
-
-
49 474
Employee
89 260
-
212 243
-
city
958
-
2 300
-
regional
2 923
-
12 093
-
health
202
-
478
-
pensions
7 499
-
16 199
-
unemployment
-
-
-
-
national
422
-
5 455
-
total
12 004
-
36 525
-
Employer
89 260
-
212 243
-
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.

1 785
-
4 245
-
unemployment
-
-
-
-
pensions
7 499
-
16 199
-
health
202
-
478
-
total
9 486
-
20 922
-
Corporate
135 773
235 500
-
-
regional
28 717
49 807
-
-
national
11 540
20 017
-
-
total
40 257
69 824
-
-
Dividends
95 516
165 676
-
-
withholding
33 430
57 986
-
-
total
33 430
57 986
-
-
Income
235 500
235 500
235 500
235 500
Total tax
95 177
127 810
57 447
49 474
After tax
140 323
107 690
178 053
186 026
Living cost
76 274
76 274
76 274
76 274
Free-cash
64 049
31 416
101 779
109 752

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽70030
₽86393
₽66481
₽98822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 500
trade
-
-
-
32 341
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.

-
-
-
79 198
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 894
surtax

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

-
-
-
4 355
total
-
-
-
122 788
Employee

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

60 650
-
235 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
surtax

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

393
-
4 355
-
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.

7 132
-
79 198
-
total
14 419
-
90 447
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 850
235 500
-
-
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.

1 442
1 942
-
-
income
26 227
35 324
-
-
trade
29 987
40 388
-
-
chamber of commerce
400
485
-
-
total
58 056
78 139
-
-
Dividends
116 793
157 361
-
-
surtax

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

1 586
2 143
-
-
withholding
28 815
38 957
-
-
total
30 401
41 100
-
-
Income
235 500
235 500
235 500
235 500
Total tax
102 876
119 239
90 447
122 788
After tax
132 624
116 261
145 053
112 712
Living cost
46 231
46 231
46 231
46 231
Free-cash
86 393
70 030
98 822
66 481

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84165
₽90127
₽93606
₽86172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
45 104
pensions
-
-
-
36 491
other
-
-
-
7 300
health
-
-
-
11 761
surtax
-
-
-
-
social contributions
-
-
-
6 711
total
-
-
-
107 367
Employee
43 191
-
179 261
-
social contributions
1 231
-
5 108
-
surtax
-
-
-
-
income
2 549
-
39 745
-
pensions
4 884
-
13 708
-
total
8 664
-
58 561
-
Employer
43 191
-
179 261
-
other
1 490
-
7 523
-
social contributions
130
-
538
-
unemployment
1 748
-
7 260
-
pensions
7 095
-
22 858
-
health
3 024
-
18 061
-
total
13 487
-
56 240
-
Corporate
178 820
235 500
-
-
surtax
-
-
-
-
income
50 071
65 939
-
-
total
50 071
65 939
-
-
Dividends
128 750
169 561
-
-
surtax
-
-
-
-
social contributions
22 144
29 165
-
-
withholding
16 480
21 704
-
-
total
38 624
50 869
-
-
Income
235 500
235 500
235 500
235 500
Total tax
110 846
116 808
114 801
107 367
After tax
124 654
118 692
120 699
128 133
Living cost
34 527
34 527
34 527
34 527
Free-cash
90 127
84 165
86 172
93 606

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
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.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87585
₽93190
₽97026
₽89592
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
45 104
pensions
-
-
-
36 491
other
-
-
-
7 300
health
-
-
-
11 761
surtax
-
-
-
-
social contributions
-
-
-
6 711
total
-
-
-
107 367
Employee
38 554
-
179 261
-
social contributions
1 099
-
5 108
-
surtax
-
-
-
-
income
1 988
-
39 745
-
pensions
4 361
-
13 708
-
total
7 448
-
58 561
-
Employer
38 554
-
179 261
-
other
1 331
-
7 523
-
social contributions
115
-
538
-
unemployment
1 561
-
7 260
-
pensions
6 335
-
22 858
-
health
2 698
-
18 061
-
total
12 040
-
56 240
-
Corporate
184 905
235 500
-
-
surtax
-
-
-
-
income
51 773
65 939
-
-
total
51 773
65 939
-
-
Dividends
133 132
169 561
-
-
surtax
-
-
-
-
social contributions
22 901
29 165
-
-
withholding
17 041
21 704
-
-
total
39 942
50 869
-
-
Income
235 500
235 500
235 500
235 500
Total tax
111 203
116 808
114 801
107 367
After tax
124 297
118 692
120 699
128 133
Living cost
31 107
31 107
31 107
31 107
Free-cash
93 190
87 585
89 592
97 026

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122278
₽122802
₽129841
₽123287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
35 324
health
-
-
-
16 437
social contributions
-
-
-
32 499
total
-
-
-
84 260
Employee
34 217
-
235 500
-
social contributions
4 723
-
32 499
-
health
2 388
-
16 437
-
income
5 707
-
41 878
-
total
12 818
-
90 814
-
Employer
34 217
-
235 500
-
total
-
-
-
-
Corporate
201 283
235 500
-
-
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%.

10 064
11 774
-
-
total
10 064
11 774
-
-
Dividends
191 219
223 726
-
-
health
13 346
15 616
-
-
social contributions
26 388
30 874
-
-
withholding
28 683
33 559
-
-
total
68 417
80 049
-
-
Income
235 500
235 500
235 500
235 500
Total tax
91 299
91 823
90 814
84 260
After tax
144 201
143 677
144 686
151 240
Living cost
21 399
21 399
21 399
21 399
Free-cash
122 802
122 278
123 287
129 841

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94190
₽92629
₽84946
₽26053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
chamber of commerce
-
-
-
942
income
-
-
-
76 834
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
114 994
Employee
50 434
40 217
195 692
-
other
504
402
1 180
-
health
1 952
1 557
4 562
-
income
5 742
2 967
64 763
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 876
10 250
86 115
-
Employer
50 434
40 217
195 692
-
accident
655
523
1 532
-
other
2 396
1 909
8 633
-
chamber of commerce
201
161
783
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
5 870
-
health
1 906
1 521
4 456
-
total
14 712
11 775
39 806
-
Corporate
170 354
183 509
191 862
-
income

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

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

42 588
45 877
47 966
-
total
42 588
45 877
47 966
-
Dividends
127 765
137 632
-
-
withholding
35 135
37 848
-
-
total
35 135
37 848
-
-
Income
235 500
235 500
235 500
235 500
Total tax
107 311
105 750
173 887
114 994
After tax
128 189
129 750
61 613
120 506
Living cost
35 560
35 560
35 560
35 560
Free-cash
92 629
94 190
26 053
84 946

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽91965
₽79658
₽65675
₽42893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
national
-
-
-
95 248
communal

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

-
-
-
12 621
social contributions
-
-
-
25 160
total
-
-
-
133 029
Employee

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

72 187
-
182 403
-
communal

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

3 765
-
9 514
-
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.

3 392
-
8 572
-
pensions

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

5 414
-
13 680
-
unemployment

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

628
-
1 588
-
national
22 193
-
69 360
-
total
35 392
-
102 714
-
Employer

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

72 187
-
182 403
-
accident

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

938
-
2 371
-
unemployment

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

1 053
-
2 664
-
surtax
8 185
-
20 683
-
pensions

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

6 396
-
16 162
-
health

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

4 439
-
11 217
-
total
21 011
-
53 097
-
Corporate
142 300
235 500
-
-
surtax
569
1 021
-
-
income
28 460
51 059
-
-
total
29 029
52 080
-
-
Dividends
113 271
183 420
-
-
withholding

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

33 614
54 659
-
-
total
33 614
54 659
-
-
Income
235 500
235 500
235 500
235 500
Total tax
119 046
106 739
155 811
133 029
After tax
116 454
128 761
79 689
102 471
Living cost
36 796
36 796
36 796
36 796
Free-cash
79 658
91 965
42 893
65 675

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119834
₽112919
₽95069
₽90835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
accident
-
-
-
843
income
-
-
-
75 922
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
103 985
Employee
50 235
-
205 680
-
other
50
-
94
-
income
10 599
-
72 457
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
78 398
-
Employer
50 235
-
205 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
169 253
235 500
-
-
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.

25 389
35 324
-
-
total
25 389
35 324
-
-
Dividends
143 864
200 176
-
-
withholding
30 944
43 896
-
-
total
30 944
43 896
-
-
Income
235 500
235 500
235 500
235 500
Total tax
86 135
79 220
108 219
103 985
After tax
149 365
156 280
127 281
131 515
Living cost
36 446
36 446
36 446
36 446
Free-cash
112 919
119 834
90 835
95 069

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽77783
₽63902
₽55124
₽64511
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
accident
-
-
-
1 986
income
-
-
-
45 142
pensions
-
-
-
35 299
health
-
-
-
16 547
surtax
-
-
-
11 675
communal
-
-
-
14 884
total
-
-
-
125 533
Employee
76 425
-
210 360
-
health
3 401
-
9 363
-
surtax
4 684
-
12 893
-
income
7 382
-
51 922
-
pensions
6 113
-
16 828
-
total
21 580
-
91 006
-
Employer
76 425
-
210 360
-
accident
688
-
1 894
-
pensions
6 113
-
16 828
-
health
2 331
-
6 418
-
total
9 132
-
25 140
-
Corporate
149 944
235 500
-
-
surtax
1 574
2 472
-
-
communal
10 121
15 895
-
-
income
22 491
35 324
-
-
total
34 186
53 691
-
-
Dividends
115 758
181 808
-
-
income
34 493
21 912
-
-
withholding
17 364
27 271
-
-
total
51 857
49 183
-
-
Income
235 500
235 500
235 500
235 500
Total tax
116 755
102 874
116 146
125 533
After tax
118 745
132 626
119 354
109 967
Living cost
54 843
54 843
54 843
54 843
Free-cash
63 902
77 783
64 511
55 124

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125462
₽122253
₽88012
₽81842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
75 275
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
12 816
total
-
-
-
124 821
Employee
33 986
-
207 149
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
11 609
-
income
5 697
-
69 239
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
102 640
-
Employer
33 986
-
207 149
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
194 359
235 500
-
-
income
50 534
61 230
-
-
total
50 534
61 230
-
-
Dividends
143 825
174 270
-
-
withholding
21 574
26 141
-
-
total
21 574
26 141
-
-
Income
235 500
235 500
235 500
235 500
Total tax
90 580
87 371
130 991
124 821
After tax
144 920
148 129
104 509
110 679
Living cost
22 667
22 667
22 667
22 667
Free-cash
122 253
125 462
81 842
88 012

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽96599
₽94358
₽86105
₽77594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
municipal
-
-
-
1 480
regional
-
-
-
3 755
national
-
-
-
66 466
social contributions
-
-
-
50 509
total
-
-
-
122 210
Employee
55 981
-
235 500
-
social contributions
18 877
-
66 219
-
regional
754
-
3 437
-
municipal
297
-
1 354
-
national
8 869
-
59 711
-
total
28 797
-
130 721
-
Employer
55 981
-
235 500
-
total
-
-
-
-
Corporate
179 519
235 500
-
-
nationa
43 084
56 521
-
-
municipal
8 923
11 705
-
-
total
52 007
68 226
-
-
Dividends
127 512
167 274
-
-
withholding
33 153
43 490
-
-
total
33 153
43 490
-
-
Income
235 500
235 500
235 500
235 500
Total tax
113 957
111 716
130 721
122 210
After tax
121 543
123 784
104 779
113 290
Living cost
27 185
27 185
27 185
27 185
Free-cash
94 358
96 599
77 594
86 105

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽132357
₽121732
₽110315
₽99855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
25 339
health
-
-
-
31 793
solidarity contribution
-
-
-
3 487
social contributions
-
-
-
34 781
total
-
-
-
95 400
Employee
43 801
-
188 735
-
social contributions
2 847
-
7 742
-
health
5 913
-
25 479
-
solidarity contribution
-
-
2 548
-
income
5 256
-
23 327
-
total
14 016
-
59 096
-
Employer
43 801
-
188 735
-
social contributions
10 950
-
29 778
-
health
3 942
-
16 986
-
total
14 892
-
46 764
-
Corporate
176 806
235 500
-
-
income
33 593
44 745
-
-
total
33 593
44 745
-
-
Dividends
143 213
190 755
-
-
withholding
21 482
28 613
-
-
total
21 482
28 613
-
-
Income
235 500
235 500
235 500
235 500
Total tax
83 983
73 358
105 860
95 400
After tax
151 517
162 142
129 640
140 100
Living cost
29 785
29 785
29 785
29 785
Free-cash
121 732
132 357
99 855
110 315

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97660
₽97165
₽88508
₽29461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
chamber of commerce
-
-
-
942
income
-
-
-
76 834
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
114 795
Employee
44 114
40 217
195 878
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 967
64 857
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 250
86 209
-
Employer
44 114
40 217
195 878
-
accident
573
523
1 532
-
other
2 095
1 909
8 641
-
chamber of commerce
176
161
783
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
5 876
-
health
1 668
1 521
4 456
-
total
12 695
11 576
39 621
-
Corporate
178 690
183 708
192 048
-
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.

44 672
45 926
48 012
-
total
44 672
45 926
48 012
-
Dividends
134 019
137 781
-
-
withholding
36 854
37 891
-
-
total
36 854
37 891
-
-
Income
235 500
235 500
235 500
235 500
Total tax
106 138
105 643
173 842
114 795
After tax
129 362
129 857
61 658
120 705
Living cost
32 197
32 197
32 197
32 197
Free-cash
97 165
97 660
29 461
88 508

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽209576
₽206923
₽218996
₽174251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
235 500
microenterprise

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

-
-
-
2 355
total
-
-
-
2 355
Employee
17 686
-
235 500
-
income
3 537
-
47 100
-
total
3 537
-
47 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

217 814
235 500
-
-
total
-
-
-
-
Dividends
217 814
235 500
-
-
withholding
10 891
11 775
-
-
total
10 891
11 775
-
-
Income
235 500
235 500
235 500
235 500
Total tax
14 428
11 775
47 100
2 355
After tax
221 072
223 725
188 400
233 145
Living cost
14 149
14 149
14 149
14 149
Free-cash
206 923
209 576
174 251
218 996

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽135072
₽126633
₽81372
₽76258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 500
income
-
-
-
60 526
pensions
-
-
-
43 008
unemployment
-
-
-
352
health
-
-
-
23 173
total
-
-
-
127 059
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.

44 626
-
203 772
-
health
2 882
-
13 163
-
income
7 696
-
55 413
-
pensions
6 917
-
31 584
-
unemployment
63
-
285
-
total
17 558
-
100 445
-
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.

44 626
-
203 772
-
unemployment
27
-
123
-
pensions
3 949
-
18 035
-
health
2 972
-
13 570
-
total
6 948
-
31 728
-
Corporate
183 926
235 500
-
-
income
34 945
44 745
-
-
total
34 945
44 745
-
-
Dividends
148 981
190 755
-
-
withholding
22 347
28 614
-
-
total
22 347
28 614
-
-
Income
235 500
235 500
235 500
235 500
Total tax
81 798
73 359
132 173
127 059
After tax
153 702
162 141
103 327
108 441
Living cost
27 069
27 069
27 069
27 069
Free-cash
126 633
135 072
76 258
81 372

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99694
₽51648
₽119165
₽178628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
45 904
social contributions
-
-
-
26 847
total
-
-
-
72 751
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
84 891
235 500
-
-
income
18 676
51 810
-
-
total
18 676
51 810
-
-
Dividends
66 215
183 690
-
-
income
14 567
40 412
-
-
total
14 567
40 412
-
-
Income
235 500
235 500
235 500
235 500
Total tax
140 268
92 222
13 288
72 751
After tax
95 232
143 278
222 212
162 749
Living cost
43 584
43 584
43 584
43 584
Free-cash
51 648
99 694
178 628
119 165

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102296
₽101281
₽90760
₽72054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 500
income
-
-
-
31 248
surtax
-
-
-
-
social contributions

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

-
-
-
81 837
total
-
-
-
113 085
Employee
46 415
-
190 303
-
social contributions
5 106
-
20 934
-
surtax
-
-
404
-
income
9 654
-
65 256
-
total
14 760
-
86 594
-
Employer
46 415
-
190 303
-
social contributions
11 023
-
45 197
-
total
11 023
-
45 197
-
Corporate
178 062
235 500
-
-
surtax
-
-
-
-
income
37 393
49 456
-
-
total
37 393
49 456
-
-
Dividends
140 669
186 044
-
-
withholding
39 388
52 093
-
-
total
39 388
52 093
-
-
Income
235 500
235 500
235 500
235 500
Total tax
102 564
101 549
131 791
113 085
After tax
132 936
133 951
103 709
122 415
Living cost
31 655
31 655
31 655
31 655
Free-cash
101 281
102 296
72 054
90 760

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽69950
₽76887
₽79391
₽71957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
45 104
pensions
-
-
-
36 491
other
-
-
-
7 300
health
-
-
-
11 761
surtax
-
-
-
-
social contributions
-
-
-
6 711
total
-
-
-
107 367
Employee
63 207
-
179 261
-
social contributions
1 800
-
5 108
-
surtax
-
-
-
-
income
5 515
-
39 745
-
pensions
7 149
-
13 708
-
total
14 464
-
58 561
-
Employer
63 207
-
179 261
-
other
2 181
-
7 523
-
social contributions
190
-
538
-
unemployment
2 561
-
7 260
-
pensions
10 386
-
22 858
-
health
4 424
-
18 061
-
total
19 742
-
56 240
-
Corporate
152 552
235 500
-
-
surtax
-
-
-
-
income
42 715
65 939
-
-
total
42 715
65 939
-
-
Dividends
109 837
169 561
-
-
surtax
-
-
-
-
social contributions
18 891
29 165
-
-
withholding
14 059
21 704
-
-
total
32 950
50 869
-
-
Income
235 500
235 500
235 500
235 500
Total tax
109 871
116 808
114 801
107 367
After tax
125 629
118 692
120 699
128 133
Living cost
48 742
48 742
48 742
48 742
Free-cash
76 887
69 950
71 957
79 391

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽181614
₽178224
₽141113
₽147369
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
12 241
social contributions
-
-
-
51 810
total
-
-
-
64 051
Employee
32 444
-
203 895
-
income
-
-
12 937
-
social contributions
2 109
-
13 253
-
total
2 109
-
26 190
-
Employer
32 444
-
203 895
-
social contributions
5 029
-
31 605
-
total
5 029
-
31 605
-
Corporate
198 027
235 500
-
-
income
19 802
23 550
-
-
total
19 802
23 550
-
-
Dividends
178 225
211 950
-
-
total
-
-
-
-
Income
235 500
235 500
235 500
235 500
Total tax
26 940
23 550
57 795
64 051
After tax
208 560
211 950
177 705
171 449
Living cost
30 336
30 336
30 336
30 336
Free-cash
178 224
181 614
147 369
141 113

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
₽15527
₽8841
₽86939
₽15527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
municipal
-
-
-
50 768
pensions
-
-
-
875
national
-
-
-
29 525
labour market
-
-
-
18 770
total
-
-
-
99 938
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
15 527
-
-
-
income
3 416
-
-
-
total
3 416
-
-
-
Dividends
12 111
-
-
-
withholding
3 270
-
-
-
total
3 270
-
-
-
Income
235 500
235 500
235 500
235 500
Total tax
178 036
171 350
171 350
99 938
After tax
57 464
64 150
64 150
135 562
Living cost
48 623
48 623
48 623
48 623
Free-cash
8 841
15 527
15 527
86 939

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2671
₽15741
₽139031
₽108239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
accident
-
-
-
253
income
-
-
-
67 736
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
74 723
Employee
34 209
-
215 565
-
health
3 917
-
24 682
-
income
4 693
-
53 245
-
pensions
3 852
-
7 654
-
total
12 462
-
85 581
-
Employer
34 209
-
215 565
-
accident
571
-
3 600
-
unemployment
838
-
5 281
-
pensions
5 562
-
11 053
-
total
6 971
-
19 934
-
Corporate
194 320
235 500
-
-
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.

174 888
211 950
-
-
total
174 888
211 950
-
-
Dividends
19 432
23 550
-
-
withholding
3 692
4 475
-
-
total
3 692
4 475
-
-
Income
235 500
235 500
235 500
235 500
Total tax
198 013
216 425
105 515
74 723
After tax
37 487
19 075
129 985
160 777
Living cost
21 746
21 746
21 746
21 746
Free-cash
15 741
-2 671
108 239
139 031

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽105236
₽108354
₽104760
₽77789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
235 500
municipal
-
-
-
41 813
health
-
-
-
3 206
national
-
-
-
46 976
total
-
-
-
91 995
Employee
53 095
-
198 117
-
health
396
-
2 629
-
municipal
8 697
-
32 245
-
pensions
3 583
-
13 373
-
unemployment
797
-
2 972
-
national
877
-
30 365
-
total
14 350
-
81 584
-
Employer
53 095
-
198 117
-
accident
54
-
197
-
unemployment
345
-
1 287
-
pensions
9 212
-
34 372
-
health
408
-
1 526
-
total
10 019
-
37 382
-
Corporate
172 387
235 500
-
-
income
34 478
47 100
-
-
total
34 478
47 100
-
-
Dividends

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

103 432
141 300
-
-
national
10 937
18 984
-
-
municipal
18 617
25 435
-
-
total
29 554
44 419
-
-
Income
235 500
235 500
235 500
235 500
Total tax
88 401
91 519
118 966
91 995
After tax
147 099
143 981
116 534
143 505
Living cost
38 745
38 745
38 745
38 745
Free-cash
108 354
105 236
77 789
104 760

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148245
₽142755
₽134707
₽132794
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
55 094
health
-
-
-
6 006
social contributions
-
-
-
16 328
total
-
-
-
77 428
Employee
77 601
77 601
222 694
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
3 786
-
income
8 449
7 184
54 062
-
total
11 984
14 945
66 535
-
Employer
77 601
77 601
222 694
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
4 119
-
total
3 587
7 877
12 806
-
Corporate
196 563
150 022
-
-
income
24 571
18 753
-
-
total
24 571
18 753
-
-
Dividends
171 992
131 269
-
-
withholding
29 238
22 315
-
-
total
29 238
22 315
-
-
Income
235 500
235 500
235 500
235 500
Total tax
69 380
63 890
79 341
77 428
After tax
166 120
171 610
156 159
158 072
Living cost
23 365
23 365
23 365
23 365
Free-cash
142 755
148 245
132 794
134 707

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178995
₽173858
₽184940
₽164697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
235 500
income
-
-
-
24 437
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
34 537
Employee

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

23 164
-
225 637
-
health
1 969
-
8 139
-
income
1 584
-
21 936
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
44 917
-
Employer

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

23 164
-
225 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
209 951
235 500
-
-
income
18 896
21 195
-
-
total
18 896
21 195
-
-
Dividends
191 055
214 305
-
-
withholding
17 196
19 287
-
-
total
17 196
19 287
-
-
Income
235 500
235 500
235 500
235 500
Total tax
45 619
40 482
54 780
34 537
After tax
189 881
195 018
180 720
200 963
Living cost
16 023
16 023
16 023
16 023
Free-cash
173 858
178 995
164 697
184 940

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽128529
₽124072
₽103764
₽99530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
accident
-
-
-
843
income
-
-
-
75 922
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
103 985
Employee
37 315
-
205 680
-
other
36
-
94
-
income
7 194
-
72 457
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
78 398
-
Employer
37 315
-
205 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
186 288
235 500
-
-
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.

27 943
35 324
-
-
total
27 943
35 324
-
-
Dividends
158 344
200 176
-
-
withholding
34 275
43 896
-
-
total
34 275
43 896
-
-
Income
235 500
235 500
235 500
235 500
Total tax
83 677
79 220
108 219
103 985
After tax
151 823
156 280
127 281
131 515
Living cost
27 751
27 751
27 751
27 751
Free-cash
124 072
128 529
99 530
103 764

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽144196
₽143742
₽148701
₽148503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
80 576
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
84 043
Employee
4 198
-
233 238
-
health
210
-
503
-
income
812
-
80 470
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
81 979
-
Employer
4 198
-
233 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
230 358
235 500
-
-
income
50 679
51 810
-
-
total
50 679
51 810
-
-
Dividends
179 679
183 690
-
-
withholding
35 936
36 738
-
-
total
35 936
36 738
-
-
Income
235 500
235 500
235 500
235 500
Total tax
89 002
88 548
84 241
84 043
After tax
146 498
146 952
151 259
151 457
Living cost
2 756
2 756
2 756
2 756
Free-cash
143 742
144 196
148 503
148 701

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽152696
₽147731
₽135195
₽135196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 500
income
-
-
-
54 659
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
82 852
Employee

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

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

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

26 319
-
222 149
-
health
1 355
-
3 841
-
income
3 628
-
54 659
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
69 501
-
Employer

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

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

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

26 319
-
222 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
204 470
235 500
-
-
income
30 671
35 325
-
-
total
30 671
35 325
-
-
Dividends
173 800
200 175
-
-
withholding
26 070
30 026
-
-
total
26 070
30 026
-
-
Income
235 500
235 500
235 500
235 500
Total tax
70 316
65 351
82 851
82 852
After tax
165 184
170 149
152 649
152 648
Living cost
17 453
17 453
17 453
17 453
Free-cash
147 731
152 696
135 196
135 195

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽106744
₽106382
₽95208
₽76502
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 500
income
-
-
-
31 248
surtax
-
-
-
-
social contributions

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

-
-
-
81 837
total
-
-
-
113 085
Employee
39 169
-
190 303
-
social contributions
4 309
-
20 934
-
surtax
-
-
404
-
income
7 653
-
65 256
-
total
11 962
-
86 594
-
Employer
39 169
-
190 303
-
social contributions
9 302
-
45 197
-
total
9 302
-
45 197
-
Corporate
187 030
235 500
-
-
surtax
-
-
-
-
income
39 277
49 456
-
-
total
39 277
49 456
-
-
Dividends
147 753
186 044
-
-
withholding
41 370
52 093
-
-
total
41 370
52 093
-
-
Income
235 500
235 500
235 500
235 500
Total tax
101 911
101 549
131 791
113 085
After tax
133 589
133 951
103 709
122 415
Living cost
27 207
27 207
27 207
27 207
Free-cash
106 382
106 744
76 502
95 208

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽120813
₽114208
₽96048
₽91814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
accident
-
-
-
843
income
-
-
-
75 922
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
103 985
Employee
48 739
-
205 680
-
other
48
-
94
-
income
10 180
-
72 457
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
78 398
-
Employer
48 739
-
205 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
171 222
235 500
-
-
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.

25 684
35 324
-
-
total
25 684
35 324
-
-
Dividends
145 538
200 176
-
-
withholding
31 329
43 896
-
-
total
31 329
43 896
-
-
Income
235 500
235 500
235 500
235 500
Total tax
85 825
79 220
108 219
103 985
After tax
149 675
156 280
127 281
131 515
Living cost
35 467
35 467
35 467
35 467
Free-cash
114 208
120 813
91 814
96 048

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽183982
₽177827
₽173387
₽183243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
35 325
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
44 742
Employee
23 001
-
228 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
22 858
-
pensions

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

2 019
-
3 097
-
total
5 630
-
27 965
-
Employer
23 001
-
228 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
207 986
235 500
-
-
income
20 799
23 550
-
-
total
20 799
23 550
-
-
Dividends
187 187
211 950
-
-
withholding
9 360
10 597
-
-
total
9 360
10 597
-
-
Income
235 500
235 500
235 500
235 500
Total tax
40 302
34 147
34 886
44 742
After tax
195 198
201 353
200 614
190 758
Living cost
17 371
17 371
17 371
17 371
Free-cash
177 827
183 982
183 243
173 387

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽82145
₽95347
₽79030
₽106091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 500
trade
-
-
-
27 061
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.

-
-
-
79 198
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 894
surtax

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

-
-
-
4 355
total
-
-
-
117 508
Employee

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

50 213
-
235 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
surtax

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

228
-
4 355
-
income

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

4 129
-
79 198
-
total
11 251
-
90 447
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 287
235 500
-
-
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.

1 528
1 942
-
-
income
27 792
35 324
-
-
trade
26 589
33 794
-
-
chamber of commerce
425
498
-
-
total
56 334
71 558
-
-
Dividends
128 952
163 942
-
-
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.

1 752
2 233
-
-
withholding
31 854
40 602
-
-
total
33 606
42 835
-
-
Income
235 500
235 500
235 500
235 500
Total tax
101 191
114 393
90 447
117 508
After tax
134 309
121 107
145 053
117 992
Living cost
38 962
38 962
38 962
38 962
Free-cash
95 347
82 145
106 091
79 030

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽107363
₽109590
₽59864
₽59864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
77 520
social contributions
-
-
-
40 629
total
-
-
-
118 149
Employee
78 941
-
235 500
-
income
14 896
-
77 520
-
social contributions
6 558
-
40 629
-
total
21 454
-
118 149
-
Employer
78 941
-
235 500
-
total
-
-
-
-
Corporate
156 559
235 500
-
-
income
19 571
29 437
-
-
total
19 571
29 437
-
-
Dividends
136 989
206 063
-
-
withholding
27 398
41 213
-
-
total
27 398
41 213
-
-
Income
235 500
235 500
235 500
235 500
Total tax
68 423
70 650
118 149
118 149
After tax
167 077
164 850
117 351
117 351
Living cost
57 487
57 487
57 487
57 487
Free-cash
109 590
107 363
59 864
59 864

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽111109
₽114636
₽156801
₽127289
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 500
income
-
-
-
35 324
health

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

-
-
-
6 741
total
-
-
-
42 065
Employee
46 295
-
230 858
-
income
5 023
-
62 293
-
social contributions
4 638
-
4 642
-
total
9 661
-
66 935
-
Employer
46 295
-
230 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
184 566
235 500
-
-
income
64 599
82 425
-
-
total
64 599
82 425
-
-
Dividends
119 968
153 075
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
235 500
235 500
235 500
235 500
Total tax
84 230
87 757
71 577
42 065
After tax
151 270
147 743
163 923
193 435
Living cost
36 634
36 634
36 634
36 634
Free-cash
114 636
111 109
127 289
156 801

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110381
₽116378
₽114260
₽93261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
income
-
-
-
73 372
pensions
-
-
-
10 253
total
-
-
-
83 625
Employee
51 632
-
205 194
-
health
674
-
2 752
-
income
9 403
-
59 373
-
pensions
3 941
-
12 193
-
total
14 018
-
74 318
-
Employer
51 632
-
205 194
-
pensions
5 216
-
26 408
-
health
981
-
3 898
-
total
6 197
-
30 306
-
Corporate
177 670
235 500
-
-
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.

33 757
44 745
-
-
total
33 757
44 745
-
-
Dividends
143 914
190 755
-
-
withholding
27 535
42 759
-
-
total
27 535
42 759
-
-
Income
235 500
235 500
235 500
235 500
Total tax
81 507
87 504
104 624
83 625
After tax
153 993
147 996
130 876
151 875
Living cost
37 615
37 615
37 615
37 615
Free-cash
116 378
110 381
93 261
114 260

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽4825
₽15409
₽136877
₽106085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
accident
-
-
-
253
income
-
-
-
67 736
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
74 723
Employee
37 595
-
215 565
-
health
4 304
-
24 682
-
income
5 158
-
53 245
-
pensions
4 233
-
7 654
-
total
13 695
-
85 581
-
Employer
37 595
-
215 565
-
accident
628
-
3 600
-
unemployment
921
-
5 281
-
pensions
6 113
-
11 053
-
total
7 662
-
19 934
-
Corporate
190 244
235 500
-
-
income

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

171 219
211 950
-
-
total
171 219
211 950
-
-
Dividends
19 024
23 550
-
-
withholding
3 615
4 475
-
-
total
3 615
4 475
-
-
Income
235 500
235 500
235 500
235 500
Total tax
196 191
216 425
105 515
74 723
After tax
39 309
19 075
129 985
160 777
Living cost
23 900
23 900
23 900
23 900
Free-cash
15 409
-4 825
106 085
136 877

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166527
₽163473
₽137785
₽159978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 500
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
39 701
pensions
-
-
-
29 696
unemployment
-
-
-
1 937
total
-
-
-
84 084
Employee

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

21 810
-
235 500
-
work injury
109
-
403
-
income
2 181
-
39 701
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
61 891
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
213 690
235 500
-
-
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%.

21 369
23 550
-
-
total
21 369
23 550
-
-
Dividends
192 321
211 950
-
-
withholding
28 848
31 792
-
-
total
28 848
31 792
-
-
Income
235 500
235 500
235 500
235 500
Total tax
58 396
55 342
61 891
84 084
After tax
177 104
180 158
173 609
151 416
Living cost
13 631
13 631
13 631
13 631
Free-cash
163 473
166 527
159 978
137 785

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽83841
₽79251
₽70835
₽62543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 500
municipal
-
-
-
1 664
regional
-
-
-
5 823
national
-
-
-
66 466
social contributions
-
-
-
50 509
total
-
-
-
124 462
Employee
85 040
-
235 500
-
social contributions
28 675
-
66 219
-
regional
1 284
-
5 300
-
municipal
508
-
1 524
-
national
14 371
-
59 711
-
total
44 838
-
132 754
-
Employer
85 040
-
235 500
-
total
-
-
-
-
Corporate
150 460
235 500
-
-
nationa
36 109
56 521
-
-
municipal
7 253
11 351
-
-
total
43 362
67 872
-
-
Dividends
107 098
167 628
-
-
withholding
27 846
43 584
-
-
total
27 846
43 584
-
-
Income
235 500
235 500
235 500
235 500
Total tax
116 046
111 456
132 754
124 462
After tax
119 454
124 044
102 746
111 038
Living cost
40 203
40 203
40 203
40 203
Free-cash
79 251
83 841
62 543
70 835

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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