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
₽ 236500
per

Your estimated
City
free-cash

Dresden , Germany
₽88618
₽99785
₽85183
₽115042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 500
trade
-
-
-
29 859
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.

-
-
-
79 617
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.

-
-
-
4 380
total
-
-
-
120 750
Employee

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

38 599
-
236 500
-
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
-
4 380
-
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
-
79 617
-
total
8 031
-
90 891
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
197 901
236 500
-
-
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.

1 632
1 952
-
-
income
29 684
35 476
-
-
trade
31 168
37 249
-
-
chamber of commerce
437
492
-
-
total
62 921
75 169
-
-
Dividends
134 980
161 332
-
-
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.

1 835
2 197
-
-
withholding
33 361
39 949
-
-
total
35 196
42 146
-
-
Income
236 500
236 500
236 500
236 500
Total tax
106 148
117 315
90 891
120 750
After tax
130 352
119 185
145 609
115 750
Living cost
30 567
30 567
30 567
30 567
Free-cash
99 785
88 618
115 042
85 183

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
₽96582
₽95734
₽82992
₽84261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
municipal
-
-
-
26 328
pensions
-
-
-
28 380
national
-
-
-
45 264
social contributions
-
-
-
2 542
total
-
-
-
102 514
Employee
79 050
-
204 452
-
municipal
9 764
-
27 244
-
pensions
3 162
-
8 178
-
national
15 130
-
47 269
-
total
28 056
-
82 691
-
Employer
79 050
-
204 452
-
social contributions
850
-
2 198
-
pensions
6 324
-
16 356
-
total
7 174
-
18 554
-
Corporate
145 059
236 500
-
-
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%.

29 012
47 300
-
-
total
29 012
47 300
-
-
Dividends
116 047
189 200
-
-
withholding
25 530
41 624
-
-
total
25 530
41 624
-
-
Income
236 500
236 500
236 500
236 500
Total tax
89 772
88 924
101 245
102 514
After tax
146 728
147 576
135 255
133 986
Living cost
50 994
50 994
50 994
50 994
Free-cash
95 734
96 582
84 261
82 992

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
₽168206
₽159927
₽65665
₽82328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 500
microenterprise
-
-
-
-
income
-
-
-
50 867
surtax
-
-
-
60 307
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
-
-
-
149 840
Employee
29 489
-
186 960
-
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
-
-
27 108
-
income
5 249
-
43 299
-
total
8 493
-
83 637
-
Employer
29 489
-
186 960
-
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
-
-
20 566
-
total
7 103
-
49 540
-
Corporate
199 908
236 500
-
-
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%.

39 982
47 299
-
-
total
39 982
47 299
-
-
Dividends

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

159 926
189 201
-
-
total
-
-
-
-
Income
236 500
236 500
236 500
236 500
Total tax
55 578
47 299
133 177
149 840
After tax
180 922
189 201
103 323
86 660
Living cost
20 995
20 995
20 995
20 995
Free-cash
159 927
168 206
82 328
65 665

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
₽75692
₽69506
₽84206
₽108960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
85 750
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
110 018
Employee
86 180
86 180
217 745
-
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
42 241
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
66 509
-
Employer
86 180
86 180
217 745
-
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
136 286
135 229
-
-
income
27 258
27 045
-
-
total
27 258
27 045
-
-
Dividends
109 028
108 184
-
-
income
23 169
22 989
-
-
withholding
16 355
16 227
-
-
total
39 524
39 216
-
-
Income
236 500
236 500
236 500
236 500
Total tax
124 718
118 532
85 264
110 018
After tax
111 782
117 968
151 236
126 482
Living cost
42 276
42 276
42 276
42 276
Free-cash
69 506
75 692
108 960
84 206

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
₽90137
₽89262
₽78478
₽77531
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
municipal
-
-
-
63 142
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
31 131
total
-
-
-
119 030
Employee
55 560
-
209 650
-
municipal
16 568
-
62 518
-
national
-
-
30 608
-
total
16 568
-
93 126
-
Employer
55 560
-
209 650
-
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
163 483
236 500
-
-
income
35 966
52 030
-
-
total
35 966
52 030
-
-
Dividends
127 517
184 470
-
-
withholding
38 255
55 341
-
-
total
38 255
55 341
-
-
Income
236 500
236 500
236 500
236 500
Total tax
108 246
107 371
119 977
119 030
After tax
128 254
129 129
116 523
117 470
Living cost
38 992
38 992
38 992
38 992
Free-cash
89 262
90 137
77 531
78 478

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
₽78323
₽92505
₽74778
₽105964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 500
trade
-
-
-
31 186
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.

-
-
-
79 617
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.

-
-
-
4 380
total
-
-
-
122 077
Employee

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

51 178
-
236 500
-
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
-
4 380
-
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
-
79 617
-
total
11 532
-
90 891
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 322
236 500
-
-
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
1 952
-
-
income
27 798
35 476
-
-
trade
30 485
38 904
-
-
chamber of commerce
417
490
-
-
total
60 228
76 822
-
-
Dividends
125 094
159 679
-
-
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.

1 699
2 174
-
-
withholding
30 891
39 536
-
-
total
32 590
41 710
-
-
Income
236 500
236 500
236 500
236 500
Total tax
104 350
118 532
90 891
122 077
After tax
132 150
117 968
145 609
114 423
Living cost
39 645
39 645
39 645
39 645
Free-cash
92 505
78 323
105 964
74 778

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
₽139604
₽135417
₽125973
₽124052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
55 435
health
-
-
-
6 031
social contributions
-
-
-
16 328
total
-
-
-
77 794
Employee
77 601
77 601
223 674
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
3 803
-
income
8 149
7 184
54 399
-
total
12 692
14 945
66 889
-
Employer
77 601
77 601
223 674
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
4 139
-
total
4 612
7 877
12 826
-
Corporate
186 464
151 022
-
-
income
23 309
18 877
-
-
total
23 309
18 877
-
-
Dividends
163 155
132 145
-
-
withholding
27 737
22 464
-
-
total
27 737
22 464
-
-
Income
236 500
236 500
236 500
236 500
Total tax
68 350
64 163
79 715
77 794
After tax
168 150
172 337
156 785
158 706
Living cost
32 733
32 733
32 733
32 733
Free-cash
135 417
139 604
124 052
125 973

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
₽114395
₽114776
₽145499
₽118764
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
28 912
pensions
-
-
-
23 650
unemployment
-
-
-
3 548
health
-
-
-
16 555
total
-
-
-
72 665
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
197 908
-
health
1 853
737
13 854
-
income
3 236
1 288
24 194
-
pensions
2 647
1 053
19 791
-
unemployment
397
158
2 969
-
total
8 133
3 236
60 808
-
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
197 908
-
pensions
5 161
2 054
38 592
-
total
5 161
2 054
38 592
-
Corporate
204 870
223 912
-
-
income
18 438
20 152
-
-
total
18 438
20 152
-
-
Dividends
186 432
203 760
-
-
social contributions
36 234
39 613
-
-
withholding
35 422
38 714
-
-
total
71 656
78 327
-
-
Income
236 500
236 500
236 500
236 500
Total tax
103 388
103 769
99 400
72 665
After tax
133 112
132 731
137 100
163 835
Living cost
18 336
18 336
18 336
18 336
Free-cash
114 776
114 395
118 764
145 499

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
₽164826
₽158555
₽102388
₽111941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
31 691
pensions
-
-
-
47 301
health
-
-
-
30 745
total
-
-
-
109 737
Employee
28 629
-
176 756
-
income
3 223
-
34 078
-
pensions
573
-
3 535
-
unemployment
458
-
2 829
-
total
4 254
-
40 442
-
Employer
28 629
-
176 756
-
unemployment
230
-
1 413
-
pensions
5 726
-
35 351
-
health
3 721
-
22 978
-
total
9 677
-
59 742
-
Corporate
198 194
236 500
-
-
income
39 639
47 299
-
-
total
39 639
47 299
-
-
Dividends
158 555
189 201
-
-
total
-
-
-
-
Income
236 500
236 500
236 500
236 500
Total tax
53 570
47 299
100 184
109 737
After tax
182 930
189 201
136 316
126 763
Living cost
24 375
24 375
24 375
24 375
Free-cash
158 555
164 826
111 941
102 388

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
-₽2916
₽15771
₽139385
₽108491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
accident
-
-
-
253
income
-
-
-
68 056
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
75 043
Employee
34 721
-
216 526
-
health
3 975
-
24 792
-
income
4 763
-
53 517
-
pensions
3 910
-
7 654
-
total
12 648
-
85 963
-
Employer
34 721
-
216 526
-
accident
580
-
3 616
-
unemployment
851
-
5 305
-
pensions
5 646
-
11 053
-
total
7 077
-
19 974
-
Corporate
194 703
236 500
-
-
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.

175 233
212 850
-
-
total
175 233
212 850
-
-
Dividends
19 470
23 650
-
-
withholding
3 699
4 494
-
-
total
3 699
4 494
-
-
Income
236 500
236 500
236 500
236 500
Total tax
198 657
217 344
105 937
75 043
After tax
37 843
19 156
130 563
161 457
Living cost
22 072
22 072
22 072
22 072
Free-cash
15 771
-2 916
108 491
139 385

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
₽215595
₽213892
₽225055
₽180120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
236 500
microenterprise

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

-
-
-
2 365
total
-
-
-
2 365
Employee
11 349
-
236 500
-
income
2 270
-
47 300
-
total
2 270
-
47 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

225 151
236 500
-
-
total
-
-
-
-
Dividends
225 151
236 500
-
-
withholding
11 258
11 825
-
-
total
11 258
11 825
-
-
Income
236 500
236 500
236 500
236 500
Total tax
13 528
11 825
47 300
2 365
After tax
222 972
224 675
189 200
234 135
Living cost
9 080
9 080
9 080
9 080
Free-cash
213 892
215 595
180 120
225 055

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
₽146866
₽140050
₽116600
₽114666
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
42 136
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
-
-
-
93 009
Employee
36 642
-
197 476
-
health
513
-
2 149
-
income
6 308
-
41 493
-
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
-
55 918
-
Employer
36 642
-
197 476
-
accident
293
-
1 580
-
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
-
39 025
-
Corporate
190 623
236 500
-
-
income
40 032
49 665
-
-
total
40 032
49 665
-
-
Dividends
150 591
186 835
-
-
withholding
10 541
13 078
-
-
total
10 541
13 078
-
-
Income
236 500
236 500
236 500
236 500
Total tax
69 559
62 743
94 943
93 009
After tax
166 941
173 757
141 557
143 491
Living cost
26 891
26 891
26 891
26 891
Free-cash
140 050
146 866
114 666
116 600

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
₽80816
₽88971
₽84737
₽63655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
73 764
pensions
-
-
-
10 273
total
-
-
-
84 037
Employee
95 822
-
206 060
-
health
1 579
-
2 761
-
income
17 273
-
59 707
-
pensions
9 244
-
12 211
-
total
28 096
-
74 679
-
Employer
95 822
-
206 060
-
pensions
11 314
-
26 526
-
health
1 820
-
3 914
-
total
13 134
-
30 440
-
Corporate
127 544
236 500
-
-
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.

24 234
44 934
-
-
total
24 234
44 934
-
-
Dividends
103 310
191 566
-
-
withholding
14 339
43 024
-
-
total
14 339
43 024
-
-
Income
236 500
236 500
236 500
236 500
Total tax
79 803
87 958
105 119
84 037
After tax
156 697
148 542
131 381
152 463
Living cost
67 726
67 726
67 726
67 726
Free-cash
88 971
80 816
63 655
84 737

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
₽188969
₽184278
₽178369
₽188275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
35 475
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
-
-
-
44 892
Employee
17 531
-
229 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
22 958
-
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
-
28 065
-
Employer
17 531
-
229 580
-
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
215 529
236 500
-
-
income
21 553
23 650
-
-
total
21 553
23 650
-
-
Dividends
193 976
212 850
-
-
withholding
9 699
10 642
-
-
total
9 699
10 642
-
-
Income
236 500
236 500
236 500
236 500
Total tax
38 983
34 292
34 986
44 892
After tax
197 517
202 208
201 514
191 608
Living cost
13 239
13 239
13 239
13 239
Free-cash
184 278
188 969
188 275
178 369

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
₽62007
₽64543
₽70521
₽95275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
85 750
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
110 018
Employee
93 564
86 180
217 745
-
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
42 241
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
66 509
-
Employer
93 564
86 180
217 745
-
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
126 554
135 229
-
-
income
25 310
27 045
-
-
total
25 310
27 045
-
-
Dividends
101 244
108 184
-
-
income
21 514
22 989
-
-
withholding
15 187
16 227
-
-
total
36 701
39 216
-
-
Income
236 500
236 500
236 500
236 500
Total tax
115 996
118 532
85 264
110 018
After tax
120 504
117 968
151 236
126 482
Living cost
55 961
55 961
55 961
55 961
Free-cash
64 543
62 007
95 275
70 521

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
₽138659
₽130037
₽116604
₽106087
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
25 469
health
-
-
-
31 928
solidarity contribution
-
-
-
3 547
social contributions
-
-
-
34 781
total
-
-
-
95 725
Employee
35 546
-
189 653
-
social contributions
2 310
-
7 742
-
health
4 799
-
25 603
-
solidarity contribution
-
-
2 604
-
income
4 265
-
23 446
-
total
11 374
-
59 395
-
Employer
35 546
-
189 653
-
social contributions
8 886
-
29 778
-
health
3 199
-
17 069
-
total
12 085
-
46 847
-
Corporate
188 869
236 500
-
-
income
35 885
44 935
-
-
total
35 885
44 935
-
-
Dividends
152 984
191 565
-
-
withholding
22 948
28 735
-
-
total
22 948
28 735
-
-
Income
236 500
236 500
236 500
236 500
Total tax
82 292
73 670
106 242
95 725
After tax
154 208
162 830
130 258
140 775
Living cost
24 171
24 171
24 171
24 171
Free-cash
130 037
138 659
106 087
116 604

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
₽83598
₽78331
₽71988
₽63433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
municipal
-
-
-
1 488
regional
-
-
-
3 036
national
-
-
-
66 895
social contributions
-
-
-
50 509
total
-
-
-
121 928
Employee
89 690
-
236 500
-
social contributions
30 243
-
66 219
-
regional
846
-
2 762
-
municipal
475
-
1 362
-
national
15 541
-
60 140
-
total
47 105
-
130 483
-
Employer
89 690
-
236 500
-
total
-
-
-
-
Corporate
146 810
236 500
-
-
nationa
35 234
56 760
-
-
municipal
5 726
9 223
-
-
total
40 960
65 983
-
-
Dividends
105 850
170 517
-
-
withholding
27 520
44 335
-
-
total
27 520
44 335
-
-
Income
236 500
236 500
236 500
236 500
Total tax
115 585
110 318
130 483
121 928
After tax
120 915
126 182
106 017
114 572
Living cost
42 584
42 584
42 584
42 584
Free-cash
78 331
83 598
63 433
71 988

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
₽126489
₽123350
₽88870
₽82700
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
75 725
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
12 906
total
-
-
-
125 361
Employee
33 373
-
208 149
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
11 699
-
income
5 594
-
69 689
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
103 180
-
Employer
33 373
-
208 149
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
196 102
236 500
-
-
income
50 986
61 490
-
-
total
50 986
61 490
-
-
Dividends
145 116
175 010
-
-
withholding
21 767
26 252
-
-
total
21 767
26 252
-
-
Income
236 500
236 500
236 500
236 500
Total tax
90 881
87 742
131 531
125 361
After tax
145 619
148 758
104 969
111 139
Living cost
22 269
22 269
22 269
22 269
Free-cash
123 350
126 489
82 700
88 870

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
₽102273
₽108962
₽106194
₽85112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
73 764
pensions
-
-
-
10 273
total
-
-
-
84 037
Employee
64 218
-
206 060
-
health
932
-
2 761
-
income
11 566
-
59 707
-
pensions
5 451
-
12 211
-
total
17 949
-
74 679
-
Employer
64 218
-
206 060
-
pensions
6 952
-
26 526
-
health
1 220
-
3 914
-
total
8 172
-
30 440
-
Corporate
164 111
236 500
-
-
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.

31 181
44 934
-
-
total
31 181
44 934
-
-
Dividends
132 930
191 566
-
-
withholding
23 967
43 024
-
-
total
23 967
43 024
-
-
Income
236 500
236 500
236 500
236 500
Total tax
81 269
87 958
105 119
84 037
After tax
155 231
148 542
131 381
152 463
Living cost
46 269
46 269
46 269
46 269
Free-cash
108 962
102 273
85 112
106 194

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
₽31871
₽64504
₽110457
₽102518
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
city
-
-
-
2 492
pensions
-
-
-
21 759
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.

-
-
-
4 731
regional
-
-
-
13 584
health
-
-
-
533
national
-
-
-
6 670
total
-
-
-
49 769
Employee
89 260
-
213 166
-
city
958
-
2 310
-
regional
2 923
-
12 171
-
health
202
-
480
-
pensions
7 499
-
16 246
-
unemployment
-
-
-
-
national
422
-
5 512
-
total
12 004
-
36 719
-
Employer
89 260
-
213 166
-
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
-
4 263
-
unemployment
-
-
-
-
pensions
7 499
-
16 246
-
health
202
-
480
-
total
9 486
-
20 989
-
Corporate
136 773
236 500
-
-
regional
28 928
50 019
-
-
national
11 627
20 103
-
-
total
40 555
70 122
-
-
Dividends
96 218
166 378
-
-
withholding
33 677
58 233
-
-
total
33 677
58 233
-
-
Income
236 500
236 500
236 500
236 500
Total tax
95 722
128 355
57 708
49 769
After tax
140 778
108 145
178 792
186 731
Living cost
76 274
76 274
76 274
76 274
Free-cash
64 504
31 871
102 518
110 457

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
₽70518
₽86888
₽66865
₽99378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 500
trade
-
-
-
32 513
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.

-
-
-
79 617
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.

-
-
-
4 380
total
-
-
-
123 404
Employee

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

60 650
-
236 500
-
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
-
4 380
-
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
-
79 617
-
total
14 419
-
90 891
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
175 850
236 500
-
-
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.

1 452
1 952
-
-
income
26 377
35 476
-
-
trade
30 159
40 560
-
-
chamber of commerce
400
486
-
-
total
58 388
78 474
-
-
Dividends
117 462
158 026
-
-
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.

1 593
2 153
-
-
withholding
28 981
39 124
-
-
total
30 574
41 277
-
-
Income
236 500
236 500
236 500
236 500
Total tax
103 381
119 751
90 891
123 404
After tax
133 119
116 749
145 609
113 096
Living cost
46 231
46 231
46 231
46 231
Free-cash
86 888
70 518
99 378
66 865

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
₽84666
₽90632
₽94069
₽86537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
45 430
pensions
-
-
-
36 571
other
-
-
-
7 331
health
-
-
-
11 833
surtax
-
-
-
-
social contributions
-
-
-
6 739
total
-
-
-
107 904
Employee
43 191
-
179 981
-
social contributions
1 231
-
5 129
-
surtax
-
-
-
-
income
2 549
-
40 004
-
pensions
4 884
-
13 783
-
total
8 664
-
58 916
-
Employer
43 191
-
179 981
-
other
1 490
-
7 562
-
social contributions
130
-
540
-
unemployment
1 748
-
7 289
-
pensions
7 095
-
22 976
-
health
3 024
-
18 153
-
total
13 487
-
56 520
-
Corporate
179 820
236 500
-
-
surtax
-
-
-
-
income
50 350
66 221
-
-
total
50 350
66 221
-
-
Dividends
129 470
170 279
-
-
surtax
-
-
-
-
social contributions
22 269
29 290
-
-
withholding
16 571
21 796
-
-
total
38 840
51 086
-
-
Income
236 500
236 500
236 500
236 500
Total tax
111 341
117 307
115 436
107 904
After tax
125 159
119 193
121 064
128 596
Living cost
34 527
34 527
34 527
34 527
Free-cash
90 632
84 666
86 537
94 069

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
₽88086
₽93697
₽97489
₽89957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
45 430
pensions
-
-
-
36 571
other
-
-
-
7 331
health
-
-
-
11 833
surtax
-
-
-
-
social contributions
-
-
-
6 739
total
-
-
-
107 904
Employee
38 554
-
179 981
-
social contributions
1 099
-
5 129
-
surtax
-
-
-
-
income
1 988
-
40 004
-
pensions
4 361
-
13 783
-
total
7 448
-
58 916
-
Employer
38 554
-
179 981
-
other
1 331
-
7 562
-
social contributions
115
-
540
-
unemployment
1 561
-
7 289
-
pensions
6 335
-
22 976
-
health
2 698
-
18 153
-
total
12 040
-
56 520
-
Corporate
185 905
236 500
-
-
surtax
-
-
-
-
income
52 053
66 221
-
-
total
52 053
66 221
-
-
Dividends
133 852
170 279
-
-
surtax
-
-
-
-
social contributions
23 022
29 290
-
-
withholding
17 133
21 796
-
-
total
40 155
51 086
-
-
Income
236 500
236 500
236 500
236 500
Total tax
111 696
117 307
115 436
107 904
After tax
124 804
119 193
121 064
128 596
Living cost
31 107
31 107
31 107
31 107
Free-cash
93 697
88 086
89 957
97 489

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
₽122886
₽123411
₽130480
₽123879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
35 476
health
-
-
-
16 508
social contributions
-
-
-
32 637
total
-
-
-
84 621
Employee
34 217
-
236 500
-
social contributions
4 723
-
32 637
-
health
2 388
-
16 508
-
income
5 707
-
42 077
-
total
12 818
-
91 222
-
Employer
34 217
-
236 500
-
total
-
-
-
-
Corporate
202 283
236 500
-
-
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%.

10 114
11 826
-
-
total
10 114
11 826
-
-
Dividends
192 169
224 674
-
-
health
13 413
15 683
-
-
social contributions
26 519
31 006
-
-
withholding
28 826
33 700
-
-
total
68 758
80 389
-
-
Income
236 500
236 500
236 500
236 500
Total tax
91 690
92 215
91 222
84 621
After tax
144 810
144 285
145 278
151 879
Living cost
21 399
21 399
21 399
21 399
Free-cash
123 411
122 886
123 879
130 480

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
₽94733
₽93171
₽85442
₽26285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
chamber of commerce
-
-
-
946
income
-
-
-
77 334
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
115 498
Employee
50 434
40 217
196 624
-
other
504
402
1 180
-
health
1 952
1 557
4 562
-
income
5 742
2 967
65 229
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 876
10 250
86 581
-
Employer
50 434
40 217
196 624
-
accident
655
523
1 532
-
other
2 396
1 909
8 670
-
chamber of commerce
201
161
787
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
5 899
-
health
1 906
1 521
4 456
-
total
14 712
11 775
39 876
-
Corporate
171 354
184 509
192 793
-
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.

42 839
46 127
48 198
-
total
42 839
46 127
48 198
-
Dividends
128 515
138 381
-
-
withholding
35 342
38 055
-
-
total
35 342
38 055
-
-
Income
236 500
236 500
236 500
236 500
Total tax
107 769
106 207
174 655
115 498
After tax
128 731
130 293
61 845
121 002
Living cost
35 560
35 560
35 560
35 560
Free-cash
93 171
94 733
26 285
85 442

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
₽92457
₽80215
₽66116
₽43192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
national
-
-
-
95 748
communal

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

-
-
-
12 680
social contributions
-
-
-
25 160
total
-
-
-
133 588
Employee

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

72 187
-
183 177
-
communal

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

3 765
-
9 555
-
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
-
8 610
-
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
-
13 739
-
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
-
1 593
-
national
22 193
-
69 695
-
total
35 392
-
103 192
-
Employer

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

72 187
-
183 177
-
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
-
2 380
-
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
-
2 673
-
surtax
8 185
-
20 771
-
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
-
16 229
-
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
-
11 267
-
total
21 011
-
53 320
-
Corporate
143 300
236 500
-
-
surtax
573
1 027
-
-
income
28 660
51 350
-
-
total
29 233
52 377
-
-
Dividends
114 068
184 124
-
-
withholding

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

33 853
54 870
-
-
total
33 853
54 870
-
-
Income
236 500
236 500
236 500
236 500
Total tax
119 489
107 247
156 512
133 588
After tax
117 011
129 253
79 988
102 912
Living cost
36 796
36 796
36 796
36 796
Free-cash
80 215
92 457
43 192
66 116

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
₽120488
₽113574
₽95619
₽91385
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
accident
-
-
-
843
income
-
-
-
76 372
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
104 435
Employee
50 235
-
206 680
-
other
50
-
94
-
income
10 599
-
72 907
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
78 848
-
Employer
50 235
-
206 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
170 253
236 500
-
-
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.

25 538
35 476
-
-
total
25 538
35 476
-
-
Dividends
144 715
201 024
-
-
withholding
31 140
44 090
-
-
total
31 140
44 090
-
-
Income
236 500
236 500
236 500
236 500
Total tax
86 480
79 566
108 669
104 435
After tax
150 020
156 934
127 831
132 065
Living cost
36 446
36 446
36 446
36 446
Free-cash
113 574
120 488
91 385
95 619

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
₽78259
₽64379
₽55509
₽64936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
accident
-
-
-
1 994
income
-
-
-
45 418
pensions
-
-
-
35 449
health
-
-
-
16 616
surtax
-
-
-
11 724
communal
-
-
-
14 947
total
-
-
-
126 148
Employee
76 425
-
211 253
-
health
3 401
-
9 401
-
surtax
4 684
-
12 946
-
income
7 382
-
52 226
-
pensions
6 113
-
16 901
-
total
21 580
-
91 474
-
Employer
76 425
-
211 253
-
accident
688
-
1 902
-
pensions
6 113
-
16 901
-
health
2 331
-
6 444
-
total
9 132
-
25 247
-
Corporate
150 944
236 500
-
-
surtax
1 586
2 484
-
-
communal
10 188
15 964
-
-
income
22 642
35 476
-
-
total
34 416
53 924
-
-
Dividends
116 528
182 576
-
-
income
34 671
22 088
-
-
withholding
17 479
27 386
-
-
total
52 150
49 474
-
-
Income
236 500
236 500
236 500
236 500
Total tax
117 278
103 398
116 721
126 148
After tax
119 222
133 102
119 779
110 352
Living cost
54 843
54 843
54 843
54 843
Free-cash
64 379
78 259
64 936
55 509

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
₽126091
₽122883
₽88472
₽82302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
75 725
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
12 906
total
-
-
-
125 361
Employee
33 986
-
208 149
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
11 699
-
income
5 697
-
69 689
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
103 180
-
Employer
33 986
-
208 149
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
195 359
236 500
-
-
income
50 793
61 490
-
-
total
50 793
61 490
-
-
Dividends
144 567
175 010
-
-
withholding
21 685
26 252
-
-
total
21 685
26 252
-
-
Income
236 500
236 500
236 500
236 500
Total tax
90 950
87 742
131 531
125 361
After tax
145 550
148 758
104 969
111 139
Living cost
22 667
22 667
22 667
22 667
Free-cash
122 883
126 091
82 302
88 472

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
₽97124
₽94884
₽86647
₽78138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
municipal
-
-
-
1 488
regional
-
-
-
3 776
national
-
-
-
66 895
social contributions
-
-
-
50 509
total
-
-
-
122 668
Employee
55 981
-
236 500
-
social contributions
18 877
-
66 219
-
regional
754
-
3 456
-
municipal
297
-
1 362
-
national
8 869
-
60 140
-
total
28 797
-
131 177
-
Employer
55 981
-
236 500
-
total
-
-
-
-
Corporate
180 519
236 500
-
-
nationa
43 324
56 760
-
-
municipal
8 972
11 755
-
-
total
52 296
68 515
-
-
Dividends
128 223
167 985
-
-
withholding
33 338
43 676
-
-
total
33 338
43 676
-
-
Income
236 500
236 500
236 500
236 500
Total tax
114 431
112 191
131 177
122 668
After tax
122 069
124 309
105 323
113 832
Living cost
27 185
27 185
27 185
27 185
Free-cash
94 884
97 124
78 138
86 647

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
₽133045
₽122421
₽110990
₽100473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
25 469
health
-
-
-
31 928
solidarity contribution
-
-
-
3 547
social contributions
-
-
-
34 781
total
-
-
-
95 725
Employee
43 801
-
189 653
-
social contributions
2 847
-
7 742
-
health
5 913
-
25 603
-
solidarity contribution
-
-
2 604
-
income
5 256
-
23 446
-
total
14 016
-
59 395
-
Employer
43 801
-
189 653
-
social contributions
10 950
-
29 778
-
health
3 942
-
17 069
-
total
14 892
-
46 847
-
Corporate
177 806
236 500
-
-
income
33 783
44 935
-
-
total
33 783
44 935
-
-
Dividends
144 023
191 565
-
-
withholding
21 603
28 735
-
-
total
21 603
28 735
-
-
Income
236 500
236 500
236 500
236 500
Total tax
84 294
73 670
106 242
95 725
After tax
152 206
162 830
130 258
140 775
Living cost
29 785
29 785
29 785
29 785
Free-cash
122 421
133 045
100 473
110 990

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
₽98205
₽97707
₽89004
₽29693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
chamber of commerce
-
-
-
946
income
-
-
-
77 334
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
115 299
Employee
44 114
40 217
196 809
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 967
65 323
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 250
86 675
-
Employer
44 114
40 217
196 809
-
accident
573
523
1 532
-
other
2 095
1 909
8 677
-
chamber of commerce
176
161
787
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
5 904
-
health
1 668
1 521
4 456
-
total
12 695
11 576
39 689
-
Corporate
179 690
184 708
192 979
-
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.

44 923
46 177
48 246
-
total
44 923
46 177
48 246
-
Dividends
134 768
138 530
-
-
withholding
37 061
38 095
-
-
total
37 061
38 095
-
-
Income
236 500
236 500
236 500
236 500
Total tax
106 596
106 098
174 610
115 299
After tax
129 904
130 402
61 890
121 201
Living cost
32 197
32 197
32 197
32 197
Free-cash
97 707
98 205
29 693
89 004

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
₽210526
₽207873
₽219986
₽175051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
236 500
microenterprise

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

-
-
-
2 365
total
-
-
-
2 365
Employee
17 686
-
236 500
-
income
3 537
-
47 300
-
total
3 537
-
47 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

218 814
236 500
-
-
total
-
-
-
-
Dividends
218 814
236 500
-
-
withholding
10 941
11 825
-
-
total
10 941
11 825
-
-
Income
236 500
236 500
236 500
236 500
Total tax
14 478
11 825
47 300
2 365
After tax
222 022
224 675
189 200
234 135
Living cost
14 149
14 149
14 149
14 149
Free-cash
207 873
210 526
175 051
219 986

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
₽135763
₽127320
₽81730
₽76594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 500
income
-
-
-
60 884
pensions
-
-
-
43 192
unemployment
-
-
-
354
health
-
-
-
23 271
total
-
-
-
127 701
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
-
204 636
-
health
2 882
-
13 220
-
income
7 696
-
55 748
-
pensions
6 917
-
31 718
-
unemployment
63
-
287
-
total
17 558
-
100 973
-
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
-
204 636
-
unemployment
27
-
123
-
pensions
3 949
-
18 111
-
health
2 972
-
13 630
-
total
6 948
-
31 864
-
Corporate
184 926
236 500
-
-
income
35 137
44 934
-
-
total
35 137
44 934
-
-
Dividends
149 789
191 566
-
-
withholding
22 468
28 734
-
-
total
22 468
28 734
-
-
Income
236 500
236 500
236 500
236 500
Total tax
82 111
73 668
132 837
127 701
After tax
154 389
162 832
103 663
108 799
Living cost
27 069
27 069
27 069
27 069
Free-cash
127 320
135 763
76 594
81 730

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
₽100303
₽52256
₽119856
₽179628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
46 099
social contributions
-
-
-
26 961
total
-
-
-
73 060
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
85 891
236 500
-
-
income
18 896
52 030
-
-
total
18 896
52 030
-
-
Dividends
66 995
184 470
-
-
income
14 739
40 583
-
-
total
14 739
40 583
-
-
Income
236 500
236 500
236 500
236 500
Total tax
140 660
92 613
13 288
73 060
After tax
95 840
143 887
223 212
163 440
Living cost
43 584
43 584
43 584
43 584
Free-cash
52 256
100 303
179 628
119 856

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
₽102867
₽101851
₽91234
₽72411
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 500
income
-
-
-
31 428
surtax
-
-
-
-
social contributions

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

-
-
-
82 183
total
-
-
-
113 611
Employee
46 415
-
191 112
-
social contributions
5 106
-
21 022
-
surtax
-
-
421
-
income
9 654
-
65 603
-
total
14 760
-
87 046
-
Employer
46 415
-
191 112
-
social contributions
11 023
-
45 388
-
total
11 023
-
45 388
-
Corporate
179 062
236 500
-
-
surtax
-
-
-
-
income
37 603
49 665
-
-
total
37 603
49 665
-
-
Dividends
141 459
186 835
-
-
withholding
39 608
52 313
-
-
total
39 608
52 313
-
-
Income
236 500
236 500
236 500
236 500
Total tax
102 994
101 978
132 434
113 611
After tax
133 506
134 522
104 066
122 889
Living cost
31 655
31 655
31 655
31 655
Free-cash
101 851
102 867
72 411
91 234

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
₽70451
₽77390
₽79854
₽72322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
45 430
pensions
-
-
-
36 571
other
-
-
-
7 331
health
-
-
-
11 833
surtax
-
-
-
-
social contributions
-
-
-
6 739
total
-
-
-
107 904
Employee
63 207
-
179 981
-
social contributions
1 800
-
5 129
-
surtax
-
-
-
-
income
5 515
-
40 004
-
pensions
7 149
-
13 783
-
total
14 464
-
58 916
-
Employer
63 207
-
179 981
-
other
2 181
-
7 562
-
social contributions
190
-
540
-
unemployment
2 561
-
7 289
-
pensions
10 386
-
22 976
-
health
4 424
-
18 153
-
total
19 742
-
56 520
-
Corporate
153 552
236 500
-
-
surtax
-
-
-
-
income
42 994
66 221
-
-
total
42 994
66 221
-
-
Dividends
110 558
170 279
-
-
surtax
-
-
-
-
social contributions
19 017
29 290
-
-
withholding
14 151
21 796
-
-
total
33 168
51 086
-
-
Income
236 500
236 500
236 500
236 500
Total tax
110 368
117 307
115 436
107 904
After tax
126 132
119 193
121 064
128 596
Living cost
48 742
48 742
48 742
48 742
Free-cash
77 390
70 451
72 322
79 854

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
₽182514
₽179124
₽141816
₽148100
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
12 318
social contributions
-
-
-
52 030
total
-
-
-
64 348
Employee
32 444
-
204 763
-
income
-
-
13 017
-
social contributions
2 109
-
13 310
-
total
2 109
-
26 327
-
Employer
32 444
-
204 763
-
social contributions
5 029
-
31 737
-
total
5 029
-
31 737
-
Corporate
199 027
236 500
-
-
income
19 902
23 650
-
-
total
19 902
23 650
-
-
Dividends
179 125
212 850
-
-
total
-
-
-
-
Income
236 500
236 500
236 500
236 500
Total tax
27 040
23 650
58 064
64 348
After tax
209 460
212 850
178 436
172 152
Living cost
30 336
30 336
30 336
30 336
Free-cash
179 124
182 514
148 100
141 816

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
₽16527
₽9410
₽87471
₽16527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
municipal
-
-
-
51 006
pensions
-
-
-
875
national
-
-
-
29 675
labour market
-
-
-
18 850
total
-
-
-
100 406
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
16 527
-
-
-
income
3 636
-
-
-
total
3 636
-
-
-
Dividends
12 891
-
-
-
withholding
3 481
-
-
-
total
3 481
-
-
-
Income
236 500
236 500
236 500
236 500
Total tax
178 467
171 350
171 350
100 406
After tax
58 033
65 150
65 150
136 094
Living cost
48 623
48 623
48 623
48 623
Free-cash
9 410
16 527
16 527
87 471

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
-₽2590
₽15822
₽139711
₽108817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
accident
-
-
-
253
income
-
-
-
68 056
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
75 043
Employee
34 209
-
216 526
-
health
3 917
-
24 792
-
income
4 693
-
53 517
-
pensions
3 852
-
7 654
-
total
12 462
-
85 963
-
Employer
34 209
-
216 526
-
accident
571
-
3 616
-
unemployment
838
-
5 305
-
pensions
5 562
-
11 053
-
total
6 971
-
19 974
-
Corporate
195 320
236 500
-
-
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.

175 788
212 850
-
-
total
175 788
212 850
-
-
Dividends
19 532
23 650
-
-
withholding
3 711
4 494
-
-
total
3 711
4 494
-
-
Income
236 500
236 500
236 500
236 500
Total tax
198 932
217 344
105 937
75 043
After tax
37 568
19 156
130 563
161 457
Living cost
21 746
21 746
21 746
21 746
Free-cash
15 822
-2 590
108 817
139 711

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
₽105804
₽108918
₽105260
₽78172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
236 500
municipal
-
-
-
41 991
health
-
-
-
3 221
national
-
-
-
47 283
total
-
-
-
92 495
Employee
53 095
-
198 956
-
health
396
-
2 643
-
municipal
8 697
-
32 383
-
pensions
3 583
-
13 429
-
unemployment
797
-
2 984
-
national
877
-
30 602
-
total
14 350
-
82 041
-
Employer
53 095
-
198 956
-
accident
54
-
199
-
unemployment
345
-
1 293
-
pensions
9 212
-
34 518
-
health
408
-
1 532
-
total
10 019
-
37 542
-
Corporate
173 387
236 500
-
-
income
34 677
47 299
-
-
total
34 677
47 299
-
-
Dividends

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

104 032
141 900
-
-
national
11 065
19 110
-
-
municipal
18 726
25 542
-
-
total
29 791
44 652
-
-
Income
236 500
236 500
236 500
236 500
Total tax
88 837
91 951
119 583
92 495
After tax
147 663
144 549
116 917
144 005
Living cost
38 745
38 745
38 745
38 745
Free-cash
108 918
105 804
78 172
105 260

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
₽148972
₽143482
₽135341
₽133420
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
55 435
health
-
-
-
6 031
social contributions
-
-
-
16 328
total
-
-
-
77 794
Employee
77 601
77 601
223 674
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
3 803
-
income
8 449
7 184
54 399
-
total
11 984
14 945
66 889
-
Employer
77 601
77 601
223 674
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
4 139
-
total
3 587
7 877
12 826
-
Corporate
197 563
151 022
-
-
income
24 695
18 877
-
-
total
24 695
18 877
-
-
Dividends
172 867
132 145
-
-
withholding
29 387
22 464
-
-
total
29 387
22 464
-
-
Income
236 500
236 500
236 500
236 500
Total tax
69 653
64 163
79 715
77 794
After tax
166 847
172 337
156 785
158 706
Living cost
23 365
23 365
23 365
23 365
Free-cash
143 482
148 972
133 420
135 341

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
₽179823
₽174688
₽185829
₽165588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
236 500
income
-
-
-
24 548
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
34 648
Employee

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

23 164
-
226 637
-
health
1 969
-
8 139
-
income
1 584
-
22 045
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
45 026
-
Employer

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

23 164
-
226 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
210 951
236 500
-
-
income
18 986
21 285
-
-
total
18 986
21 285
-
-
Dividends
191 965
215 215
-
-
withholding
17 276
19 369
-
-
total
17 276
19 369
-
-
Income
236 500
236 500
236 500
236 500
Total tax
45 789
40 654
54 889
34 648
After tax
190 711
195 846
181 611
201 852
Living cost
16 023
16 023
16 023
16 023
Free-cash
174 688
179 823
165 588
185 829

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
₽129183
₽124727
₽104314
₽100080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
accident
-
-
-
843
income
-
-
-
76 372
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
104 435
Employee
37 315
-
206 680
-
other
36
-
94
-
income
7 194
-
72 907
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
78 848
-
Employer
37 315
-
206 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
187 288
236 500
-
-
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.

28 093
35 476
-
-
total
28 093
35 476
-
-
Dividends
159 195
201 024
-
-
withholding
34 470
44 090
-
-
total
34 470
44 090
-
-
Income
236 500
236 500
236 500
236 500
Total tax
84 022
79 566
108 669
104 435
After tax
152 478
156 934
127 831
132 065
Living cost
27 751
27 751
27 751
27 751
Free-cash
124 727
129 183
100 080
104 314

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
₽144820
₽144366
₽149351
₽149153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
80 926
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
84 393
Employee
4 198
-
234 238
-
health
210
-
503
-
income
812
-
80 820
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
82 329
-
Employer
4 198
-
234 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
231 358
236 500
-
-
income
50 899
52 030
-
-
total
50 899
52 030
-
-
Dividends
180 459
184 470
-
-
withholding
36 092
36 894
-
-
total
36 092
36 894
-
-
Income
236 500
236 500
236 500
236 500
Total tax
89 378
88 924
84 591
84 393
After tax
147 122
147 576
151 909
152 107
Living cost
2 756
2 756
2 756
2 756
Free-cash
144 366
144 820
149 153
149 351

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
₽153418
₽148454
₽135945
₽135946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 500
income
-
-
-
54 909
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
83 102
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
-
223 149
-
health
1 355
-
3 841
-
income
3 628
-
54 909
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
69 751
-
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
-
223 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
205 470
236 500
-
-
income
30 821
35 475
-
-
total
30 821
35 475
-
-
Dividends
174 650
201 025
-
-
withholding
26 197
30 154
-
-
total
26 197
30 154
-
-
Income
236 500
236 500
236 500
236 500
Total tax
70 593
65 629
83 101
83 102
After tax
165 907
170 871
153 399
153 398
Living cost
17 453
17 453
17 453
17 453
Free-cash
148 454
153 418
135 946
135 945

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
₽107315
₽106951
₽95682
₽76859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 500
income
-
-
-
31 428
surtax
-
-
-
-
social contributions

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

-
-
-
82 183
total
-
-
-
113 611
Employee
39 169
-
191 112
-
social contributions
4 309
-
21 022
-
surtax
-
-
421
-
income
7 653
-
65 603
-
total
11 962
-
87 046
-
Employer
39 169
-
191 112
-
social contributions
9 302
-
45 388
-
total
9 302
-
45 388
-
Corporate
188 030
236 500
-
-
surtax
-
-
-
-
income
39 486
49 665
-
-
total
39 486
49 665
-
-
Dividends
148 544
186 835
-
-
withholding
41 592
52 313
-
-
total
41 592
52 313
-
-
Income
236 500
236 500
236 500
236 500
Total tax
102 342
101 978
132 434
113 611
After tax
134 158
134 522
104 066
122 889
Living cost
27 207
27 207
27 207
27 207
Free-cash
106 951
107 315
76 859
95 682

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
₽121467
₽114863
₽96598
₽92364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
accident
-
-
-
843
income
-
-
-
76 372
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
104 435
Employee
48 739
-
206 680
-
other
48
-
94
-
income
10 180
-
72 907
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
78 848
-
Employer
48 739
-
206 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
172 222
236 500
-
-
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.

25 833
35 476
-
-
total
25 833
35 476
-
-
Dividends
146 389
201 024
-
-
withholding
31 525
44 090
-
-
total
31 525
44 090
-
-
Income
236 500
236 500
236 500
236 500
Total tax
86 170
79 566
108 669
104 435
After tax
150 330
156 934
127 831
132 065
Living cost
35 467
35 467
35 467
35 467
Free-cash
114 863
121 467
92 364
96 598

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
₽184837
₽178683
₽174237
₽184143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
35 475
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
-
-
-
44 892
Employee
23 001
-
229 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
22 958
-
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
-
28 065
-
Employer
23 001
-
229 580
-
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
208 986
236 500
-
-
income
20 898
23 650
-
-
total
20 898
23 650
-
-
Dividends
188 087
212 850
-
-
withholding
9 405
10 642
-
-
total
9 405
10 642
-
-
Income
236 500
236 500
236 500
236 500
Total tax
40 446
34 292
34 986
44 892
After tax
196 054
202 208
201 514
191 608
Living cost
17 371
17 371
17 371
17 371
Free-cash
178 683
184 837
184 143
174 237

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
₽82654
₽95856
₽79443
₽106647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 500
trade
-
-
-
27 204
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.

-
-
-
79 617
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.

-
-
-
4 380
total
-
-
-
118 095
Employee

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

50 213
-
236 500
-
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
-
4 380
-
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
-
79 617
-
total
11 251
-
90 891
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
186 287
236 500
-
-
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.

1 538
1 952
-
-
income
27 943
35 476
-
-
trade
26 733
33 938
-
-
chamber of commerce
427
500
-
-
total
56 641
71 866
-
-
Dividends
129 646
164 635
-
-
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.

1 762
2 243
-
-
withholding
32 028
40 775
-
-
total
33 790
43 018
-
-
Income
236 500
236 500
236 500
236 500
Total tax
101 682
114 884
90 891
118 095
After tax
134 818
121 616
145 609
118 405
Living cost
38 962
38 962
38 962
38 962
Free-cash
95 856
82 654
106 647
79 443

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
₽108063
₽110290
₽60275
₽60275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
77 920
social contributions
-
-
-
40 818
total
-
-
-
118 738
Employee
78 941
-
236 500
-
income
14 896
-
77 920
-
social contributions
6 558
-
40 818
-
total
21 454
-
118 738
-
Employer
78 941
-
236 500
-
total
-
-
-
-
Corporate
157 559
236 500
-
-
income
19 695
29 562
-
-
total
19 695
29 562
-
-
Dividends
137 864
206 938
-
-
withholding
27 574
41 388
-
-
total
27 574
41 388
-
-
Income
236 500
236 500
236 500
236 500
Total tax
68 723
70 950
118 738
118 738
After tax
167 777
165 550
117 762
117 762
Living cost
57 487
57 487
57 487
57 487
Free-cash
110 290
108 063
60 275
60 275

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
₽111759
₽115288
₽157649
₽127939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 500
income
-
-
-
35 476
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
-
-
-
42 217
Employee
46 295
-
231 858
-
income
5 023
-
62 643
-
social contributions
4 638
-
4 642
-
total
9 661
-
67 285
-
Employer
46 295
-
231 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
185 566
236 500
-
-
income
64 947
82 775
-
-
total
64 947
82 775
-
-
Dividends
120 619
153 725
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
236 500
236 500
236 500
236 500
Total tax
84 578
88 107
71 927
42 217
After tax
151 922
148 393
164 573
194 283
Living cost
36 634
36 634
36 634
36 634
Free-cash
115 288
111 759
127 939
157 649

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
₽110927
₽116923
₽114848
₽93766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
income
-
-
-
73 764
pensions
-
-
-
10 273
total
-
-
-
84 037
Employee
51 632
-
206 060
-
health
674
-
2 761
-
income
9 403
-
59 707
-
pensions
3 941
-
12 211
-
total
14 018
-
74 679
-
Employer
51 632
-
206 060
-
pensions
5 216
-
26 526
-
health
981
-
3 914
-
total
6 197
-
30 440
-
Corporate
178 670
236 500
-
-
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.

33 948
44 934
-
-
total
33 948
44 934
-
-
Dividends
144 722
191 566
-
-
withholding
27 799
43 024
-
-
total
27 799
43 024
-
-
Income
236 500
236 500
236 500
236 500
Total tax
81 962
87 958
105 119
84 037
After tax
154 538
148 542
131 381
152 463
Living cost
37 615
37 615
37 615
37 615
Free-cash
116 923
110 927
93 766
114 848

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
-₽4744
₽15490
₽137557
₽106663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
accident
-
-
-
253
income
-
-
-
68 056
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
75 043
Employee
37 595
-
216 526
-
health
4 304
-
24 792
-
income
5 158
-
53 517
-
pensions
4 233
-
7 654
-
total
13 695
-
85 963
-
Employer
37 595
-
216 526
-
accident
628
-
3 616
-
unemployment
921
-
5 305
-
pensions
6 113
-
11 053
-
total
7 662
-
19 974
-
Corporate
191 244
236 500
-
-
income

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

172 119
212 850
-
-
total
172 119
212 850
-
-
Dividends
19 124
23 650
-
-
withholding
3 634
4 494
-
-
total
3 634
4 494
-
-
Income
236 500
236 500
236 500
236 500
Total tax
197 110
217 344
105 937
75 043
After tax
39 390
19 156
130 563
161 457
Living cost
23 900
23 900
23 900
23 900
Free-cash
15 490
-4 744
106 663
137 557

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
₽167291
₽164238
₽138605
₽160798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 500
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
39 881
pensions
-
-
-
29 696
unemployment
-
-
-
1 937
total
-
-
-
84 264
Employee

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

21 810
-
236 500
-
work injury
109
-
403
-
income
2 181
-
39 881
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
62 071
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
214 690
236 500
-
-
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%.

21 469
23 650
-
-
total
21 469
23 650
-
-
Dividends
193 221
212 850
-
-
withholding
28 983
31 928
-
-
total
28 983
31 928
-
-
Income
236 500
236 500
236 500
236 500
Total tax
58 631
55 578
62 071
84 264
After tax
177 869
180 922
174 429
152 236
Living cost
13 631
13 631
13 631
13 631
Free-cash
164 238
167 291
160 798
138 605

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
₽84370
₽79778
₽71362
₽63073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 500
municipal
-
-
-
1 674
regional
-
-
-
5 857
national
-
-
-
66 895
social contributions
-
-
-
50 509
total
-
-
-
124 935
Employee
85 040
-
236 500
-
social contributions
28 675
-
66 219
-
regional
1 284
-
5 333
-
municipal
508
-
1 532
-
national
14 371
-
60 140
-
total
44 838
-
133 224
-
Employer
85 040
-
236 500
-
total
-
-
-
-
Corporate
151 460
236 500
-
-
nationa
36 351
56 760
-
-
municipal
7 300
11 399
-
-
total
43 651
68 159
-
-
Dividends
107 809
168 341
-
-
withholding
28 030
43 768
-
-
total
28 030
43 768
-
-
Income
236 500
236 500
236 500
236 500
Total tax
116 519
111 927
133 224
124 935
After tax
119 981
124 573
103 276
111 565
Living cost
40 203
40 203
40 203
40 203
Free-cash
79 778
84 370
63 073
71 362

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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