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
₽ 237500
per

Your estimated
City
free-cash

Dresden , Germany
₽85668
₽115753
₽100461
₽89401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
237 500
trade
-
-
-
30 085
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.

-
-
-
6 830
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.

-
-
-
80 221
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.

-
-
-
4 413
total
-
-
-
121 549
Employee

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

38 240
-
237 500
-
surtax

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

59
-
4 413
-
income

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

1 068
-
80 221
-
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.

6 830
-
6 830
-
total
7 957
-
91 464
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
199 260
237 500
-
-
trade
31 383
37 407
-
-
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.

1 643
1 960
-
-
income
29 890
35 625
-
-
chamber of commerce
438
493
-
-
total
63 354
75 485
-
-
Dividends
135 906
162 015
-
-
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.

1 848
2 207
-
-
withholding
33 597
40 124
-
-
total
35 445
42 331
-
-
Income
237 500
237 500
237 500
237 500
Total tax
106 756
117 816
91 464
121 549
After tax
130 744
119 684
146 036
115 951
Living cost
30 283
30 283
30 283
30 283
Free-cash
100 461
89 401
115 753
85 668

Estimated living cost  is ₽30283 per week

₽19049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽83858
₽85134
₽96912
₽97751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
social contributions
-
-
-
2 553
municipal
-
-
-
26 459
national
-
-
-
45 681
pensions
-
-
-
28 500
total
-
-
-
103 193
Employee
78 206
-
205 317
-
pensions
3 128
-
8 213
-
national
14 969
-
47 694
-
municipal
9 660
-
27 378
-
total
27 757
-
83 285
-
Employer
78 206
-
205 317
-
pensions
6 256
-
16 425
-
social contributions
841
-
2 207
-
total
7 097
-
18 632
-
Corporate
147 036
237 500
-
-
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%.

29 407
47 500
-
-
total
29 407
47 500
-
-
Dividends
117 628
190 000
-
-
withholding
25 878
41 800
-
-
total
25 878
41 800
-
-
Income
237 500
237 500
237 500
237 500
Total tax
90 139
89 300
101 917
103 193
After tax
147 361
148 200
135 583
134 307
Living cost
50 449
50 449
50 449
50 449
Free-cash
96 912
97 751
85 134
83 858

Estimated living cost  is ₽50449 per week

₽34290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66432
₽83121
₽161000
₽169200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
237 500
social contributions

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

-
-
-
38 306
income
-
-
-
51 399
microenterprise
-
-
-
-
surtax
-
-
-
60 563
total
-
-
-
150 268
Employee
29 214
-
188 104
-
income
5 200
-
43 802
-
social contributions

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

3 214
-
13 106
-
surtax
-
-
27 275
-
total
8 414
-
84 183
-
Employer
29 214
-
188 104
-
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.

7 037
-
28 704
-
surtax
-
-
20 692
-
total
7 037
-
49 396
-
Corporate
201 249
237 500
-
-
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%.

40 249
47 500
-
-
total
40 249
47 500
-
-
Dividends

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

161 000
190 000
-
-
total
-
-
-
-
Income
237 500
237 500
237 500
237 500
Total tax
55 700
47 500
133 579
150 268
After tax
181 800
190 000
103 921
87 232
Living cost
20 800
20 800
20 800
20 800
Free-cash
161 000
169 200
83 121
66 432

Estimated living cost  is ₽20800 per week

₽13270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84965
₽109988
₽70492
₽76616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
health
-
-
-
12 329
income
-
-
-
86 610
pensions
-
-
-
11 714
total
-
-
-
110 653
Employee
85 378
85 378
218 920
-
income

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

13 975
13 975
43 007
-
pensions
15 368
11 714
11 714
-
health
13 105
11 147
12 329
-
total
42 448
36 836
67 050
-
Employer
85 378
85 378
218 920
-
pensions
5 942
5 942
7 386
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 819
-
total
14 951
14 951
18 580
-
Corporate
138 219
137 172
-
-
income
27 643
27 435
-
-
total
27 643
27 435
-
-
Dividends
110 576
109 737
-
-
withholding
16 586
16 461
-
-
income
23 498
23 319
-
-
total
40 084
39 780
-
-
Income
237 500
237 500
237 500
237 500
Total tax
125 126
119 002
85 630
110 653
After tax
112 374
118 498
151 870
126 847
Living cost
41 882
41 882
41 882
41 882
Free-cash
70 492
76 616
109 988
84 965

Estimated living cost  is ₽41882 per week

₽29681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79323
₽78390
₽90357
₽91221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
other
-
-
-
9 793
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
63 542
health
-
-
-
5 259
national
-
-
-
31 767
pensions
-
-
-
9 110
total
-
-
-
119 723
Employee
54 793
-
211 020
-
national
-
-
31 251
-
municipal
16 339
-
62 926
-
total
16 339
-
94 177
-
Employer
54 793
-
211 020
-
pensions
5 923
-
9 110
-
other
6 367
-
9 793
-
accident
110
-
168
-
health
3 370
-
5 183
-
unemployment
1 447
-
2 225
-
total
17 217
-
26 479
-
Corporate
165 491
237 500
-
-
income
36 408
52 250
-
-
total
36 408
52 250
-
-
Dividends
129 083
185 250
-
-
withholding
38 725
55 575
-
-
total
38 725
55 575
-
-
Income
237 500
237 500
237 500
237 500
Total tax
108 689
107 825
120 656
119 723
After tax
128 811
129 675
116 844
117 777
Living cost
38 454
38 454
38 454
38 454
Free-cash
90 357
91 221
78 390
79 323

Estimated living cost  is ₽38454 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75337
₽106760
₽93237
₽79187
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
237 500
trade
-
-
-
31 423
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.

-
-
-
6 830
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.

-
-
-
80 221
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.

-
-
-
4 413
total
-
-
-
122 887
Employee

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

50 701
-
237 500
-
surtax

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

239
-
4 413
-
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.

4 356
-
80 221
-
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.

6 830
-
6 830
-
total
11 425
-
91 464
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
186 799
237 500
-
-
trade
30 728
39 069
-
-
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.

1 541
1 960
-
-
income
28 019
35 625
-
-
chamber of commerce
417
489
-
-
total
60 705
77 143
-
-
Dividends
126 093
160 357
-
-
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.

1 713
2 184
-
-
withholding
31 144
39 710
-
-
total
32 857
41 894
-
-
Income
237 500
237 500
237 500
237 500
Total tax
104 987
119 037
91 464
122 887
After tax
132 513
118 463
146 036
114 613
Living cost
39 276
39 276
39 276
39 276
Free-cash
93 237
79 187
106 760
75 337

Estimated living cost  is ₽39276 per week

₽26268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126830
₽124906
₽136482
₽140630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
social contributions
-
-
-
16 176
health
-
-
-
6 056
income
-
-
-
56 010
total
-
-
-
78 242
Employee
76 879
76 879
224 737
-
income
8 073
7 117
54 976
-
social contributions
3 736
6 381
8 606
-
health
765
1 307
3 821
-
total
12 574
14 805
67 403
-
Employer
76 879
76 879
224 737
-
health
833
1 423
4 157
-
social contributions
3 736
6 381
8 606
-
total
4 569
7 804
12 763
-
Corporate
187 930
152 818
-
-
income
23 492
19 102
-
-
total
23 492
19 102
-
-
Dividends
164 438
133 716
-
-
withholding
27 955
22 731
-
-
total
27 955
22 731
-
-
Income
237 500
237 500
237 500
237 500
Total tax
68 590
64 442
80 166
78 242
After tax
168 910
173 058
157 334
159 258
Living cost
32 428
32 428
32 428
32 428
Free-cash
136 482
140 630
124 906
126 830

Estimated living cost  is ₽32428 per week

₽22168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146293
₽119446
₽115432
₽115053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
unemployment
-
-
-
3 563
health
-
-
-
16 625
income
-
-
-
29 034
pensions
-
-
-
23 750
total
-
-
-
72 972
Employee

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
198 745
-
income
3 218
1 281
24 297
-
pensions
2 632
1 048
19 874
-
unemployment
395
157
2 981
-
health
1 843
733
13 912
-
total
8 088
3 219
61 064
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
198 745
-
pensions
5 133
2 043
38 755
-
total
5 133
2 043
38 755
-
Corporate
206 044
224 981
-
-
income
18 544
20 248
-
-
total
18 544
20 248
-
-
Dividends
187 500
204 733
-
-
social contributions
36 443
39 803
-
-
withholding
35 625
38 899
-
-
total
72 068
78 702
-
-
Income
237 500
237 500
237 500
237 500
Total tax
103 833
104 212
99 819
72 972
After tax
133 667
133 288
137 681
164 528
Living cost
18 235
18 235
18 235
18 235
Free-cash
115 432
115 053
119 446
146 293

Estimated living cost  is ₽18235 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽103153
₽112744
₽159642
₽165852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
health
-
-
-
30 874
income
-
-
-
31 825
pensions
-
-
-
47 500
total
-
-
-
110 199
Employee
28 362
-
177 504
-
income
3 193
-
34 223
-
pensions
567
-
3 550
-
unemployment
453
-
2 840
-
total
4 213
-
40 613
-
Employer
28 362
-
177 504
-
pensions
5 673
-
35 500
-
health
3 686
-
23 075
-
unemployment
228
-
1 419
-
total
9 587
-
59 994
-
Corporate
199 551
237 500
-
-
income
39 909
47 500
-
-
total
39 909
47 500
-
-
Dividends
159 641
190 000
-
-
total
-
-
-
-
Income
237 500
237 500
237 500
237 500
Total tax
53 709
47 500
100 607
110 199
After tax
183 791
190 000
136 893
127 301
Living cost
24 148
24 148
24 148
24 148
Free-cash
159 642
165 852
112 744
103 153

Estimated living cost  is ₽24148 per week

₽16563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140218
₽109271
₽15877
-₽2676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
68 430
pensions
-
-
-
4 145
total
-
-
-
75 368
Employee
34 472
-
217 562
-
income
4 729
-
53 867
-
pensions
3 882
-
7 600
-
health
3 947
-
24 911
-
total
12 558
-
86 378
-
Employer
34 472
-
217 562
-
pensions
5 605
-
10 974
-
accident
575
-
3 633
-
unemployment
845
-
5 330
-
total
7 025
-
19 937
-
Corporate
196 003
237 500
-
-
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.

176 402
213 750
-
-
total
176 402
213 750
-
-
Dividends
19 600
23 750
-
-
withholding
3 724
4 512
-
-
total
3 724
4 512
-
-
Income
237 500
237 500
237 500
237 500
Total tax
199 709
218 262
106 315
75 368
After tax
37 791
19 238
131 185
162 132
Living cost
21 914
21 914
21 914
21 914
Free-cash
15 877
-2 676
109 271
140 218

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽226114
₽180989
₽214925
₽216614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
237 500
microenterprise

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

-
-
-
2 375
total
-
-
-
2 375
Employee
11 263
-
237 500
-
income
2 252
-
47 500
-
total
2 252
-
47 500
-
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%.

226 237
237 500
-
-
total
-
-
-
-
Dividends
226 237
237 500
-
-
withholding
11 312
11 875
-
-
total
11 312
11 875
-
-
Income
237 500
237 500
237 500
237 500
Total tax
13 564
11 875
47 500
2 375
After tax
223 936
225 625
190 000
235 125
Living cost
9 011
9 011
9 011
9 011
Free-cash
214 925
216 614
180 989
226 114

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽117915
₽115982
₽141100
₽147851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
other
-
-
-
7 221
health
-
-
-
6 690
income
-
-
-
42 545
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.

-
-
-
36 489
total
-
-
-
92 945
Employee
36 301
-
198 814
-
income
6 250
-
41 900
-
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.

2 540
-
10 642
-
unemployment
362
-
1 520
-
health
508
-
2 129
-
total
9 660
-
56 191
-
Employer
36 301
-
198 814
-
pensions

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

6 172
-
25 847
-
other
1 816
-
7 601
-
accident
290
-
1 590
-
health
508
-
2 129
-
unemployment
362
-
1 520
-
total
9 148
-
38 687
-
Corporate
192 050
237 500
-
-
income
40 331
49 876
-
-
total
40 331
49 876
-
-
Dividends
151 720
187 624
-
-
withholding
10 621
13 133
-
-
total
10 621
13 133
-
-
Income
237 500
237 500
237 500
237 500
Total tax
69 760
63 009
94 878
92 945
After tax
167 740
174 491
142 622
144 555
Living cost
26 640
26 640
26 640
26 640
Free-cash
141 100
147 851
115 982
117 915

Estimated living cost  is ₽26640 per week

₽18823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85694
₽64531
₽89792
₽81693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
income
-
-
-
74 284
pensions
-
-
-
10 256
total
-
-
-
84 540
Employee
95 171
-
206 910
-
income
17 156
-
60 176
-
pensions
9 181
-
12 174
-
health
1 568
-
2 765
-
total
27 905
-
75 115
-
Employer
95 171
-
206 910
-
pensions
11 237
-
26 656
-
health
1 807
-
3 932
-
total
13 044
-
30 588
-
Corporate
129 284
237 500
-
-
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.

24 565
45 125
-
-
total
24 565
45 125
-
-
Dividends
104 720
192 375
-
-
withholding
14 928
43 416
-
-
total
14 928
43 416
-
-
Income
237 500
237 500
237 500
237 500
Total tax
80 442
88 541
105 703
84 540
After tax
157 058
148 959
131 797
152 960
Living cost
67 266
67 266
67 266
67 266
Free-cash
89 792
81 693
64 531
85 694

Estimated living cost  is ₽67266 per week

₽50404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽179437
₽189413
₽185307
₽189951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
35 625
pensions

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

-
-
-
5 170
total
-
-
-
44 952
Employee
17 361
-
230 647
-
income
1 736
-
23 065
-
pensions

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

1 524
-
3 067
-
health
799
-
1 607
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 250
-
28 123
-
Employer
17 361
-
230 647
-
pensions

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

1 913
-
3 849
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 410
-
unemployment
104
-
210
-
total
3 406
-
6 853
-
Corporate
216 732
237 500
-
-
income
21 673
23 750
-
-
total
21 673
23 750
-
-
Dividends
195 059
213 750
-
-
withholding
9 753
10 688
-
-
total
9 753
10 688
-
-
Income
237 500
237 500
237 500
237 500
Total tax
39 082
34 438
34 976
44 952
After tax
198 418
203 062
202 524
192 548
Living cost
13 111
13 111
13 111
13 111
Free-cash
185 307
189 951
189 413
179 437

Estimated living cost  is ₽13111 per week

₽7655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71407
₽96430
₽65574
₽63058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
health
-
-
-
12 329
income
-
-
-
86 610
pensions
-
-
-
11 714
total
-
-
-
110 653
Employee
92 693
85 378
218 920
-
income

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

13 975
13 975
43 007
-
pensions
11 714
11 714
11 714
-
health
11 564
11 147
12 329
-
total
37 253
36 836
67 050
-
Employer
92 693
85 378
218 920
-
pensions
6 451
5 942
7 386
-
health
6 441
5 935
7 375
-
unemployment
3 337
3 074
3 819
-
total
16 229
14 951
18 580
-
Corporate
128 578
137 172
-
-
income
25 716
27 435
-
-
total
25 716
27 435
-
-
Dividends
102 862
109 737
-
-
withholding
15 429
16 461
-
-
income
21 859
23 319
-
-
total
37 288
39 780
-
-
Income
237 500
237 500
237 500
237 500
Total tax
116 486
119 002
85 630
110 653
After tax
121 014
118 498
151 870
126 847
Living cost
55 440
55 440
55 440
55 440
Free-cash
65 574
63 058
96 430
71 407

Estimated living cost  is ₽55440 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117560
₽106969
₽130940
₽139506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
social contributions
-
-
-
34 554
health
-
-
-
32 062
income
-
-
-
25 633
solidarity contribution
-
-
-
3 678
total
-
-
-
95 927
Employee
35 313
-
190 749
-
income
4 238
-
23 596
-
solidarity contribution
-
-
2 728
-
social contributions
2 295
-
7 692
-
health
4 767
-
25 751
-
total
11 300
-
59 767
-
Employer
35 313
-
190 749
-
health
3 178
-
17 167
-
social contributions
8 828
-
29 584
-
total
12 006
-
46 751
-
Corporate
190 180
237 500
-
-
income
36 134
45 125
-
-
total
36 134
45 125
-
-
Dividends
154 046
192 375
-
-
withholding
23 107
28 856
-
-
total
23 107
28 856
-
-
Income
237 500
237 500
237 500
237 500
Total tax
82 547
73 981
106 518
95 927
After tax
154 953
163 519
130 982
141 573
Living cost
24 013
24 013
24 013
24 013
Free-cash
130 940
139 506
106 969
117 560

Estimated living cost  is ₽24013 per week

₽16680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽73063
₽64586
₽79308
₽84528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
social contributions
-
-
-
50 039
municipal
-
-
-
1 499
national
-
-
-
67 649
regional
-
-
-
3 063
total
-
-
-
122 250
Employee
88 855
-
237 500
-
national
15 396
-
60 958
-
social contributions
29 962
-
65 602
-
municipal
471
-
1 376
-
regional
838
-
2 791
-
total
46 667
-
130 727
-
Employer
88 855
-
237 500
-
total
-
-
-
-
Corporate
148 645
237 500
-
-
nationa
35 675
57 000
-
-
municipal
5 798
9 263
-
-
total
41 473
66 263
-
-
Dividends
107 173
171 237
-
-
withholding
27 865
44 522
-
-
total
27 865
44 522
-
-
Income
237 500
237 500
237 500
237 500
Total tax
116 005
110 785
130 727
122 250
After tax
121 495
126 715
106 773
115 250
Living cost
42 187
42 187
42 187
42 187
Free-cash
79 308
84 528
64 586
73 063

Estimated living cost  is ₽42187 per week

₽29408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽89516
₽83403
₽124216
₽127324
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 473
income
-
-
-
76 460
surtax
-
-
-
13 074
pensions
-
-
-
26 687
total
-
-
-
125 922
Employee
33 062
-
209 413
-
income
5 542
-
70 480
-
pensions
2 205
-
8 900
-
unemployment
2 301
-
9 287
-
health
844
-
3 402
-
other
-
-
-
-
surtax
108
-
11 879
-
total
11 000
-
103 948
-
Employer
33 062
-
209 413
-
pensions
4 407
-
17 787
-
other
-
-
-
-
health
1 505
-
6 071
-
unemployment
1 047
-
4 229
-
total
6 959
-
28 087
-
Corporate
197 478
237 500
-
-
income
51 344
61 751
-
-
total
51 344
61 751
-
-
Dividends
146 134
175 749
-
-
withholding
21 919
26 363
-
-
total
21 919
26 363
-
-
Income
237 500
237 500
237 500
237 500
Total tax
91 222
88 114
132 035
125 922
After tax
146 278
149 386
105 465
111 578
Living cost
22 062
22 062
22 062
22 062
Free-cash
124 216
127 324
83 403
89 516

Estimated living cost  is ₽22062 per week

₽13490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽107006
₽85843
₽109647
₽103005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
income
-
-
-
74 284
pensions
-
-
-
10 256
total
-
-
-
84 540
Employee
63 781
-
206 910
-
income
11 487
-
60 176
-
pensions
5 414
-
12 174
-
health
926
-
2 765
-
total
17 827
-
75 115
-
Employer
63 781
-
206 910
-
pensions
6 904
-
26 656
-
health
1 212
-
3 932
-
total
8 116
-
30 588
-
Corporate
165 603
237 500
-
-
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.

31 465
45 125
-
-
total
31 465
45 125
-
-
Dividends
134 138
192 375
-
-
withholding
24 491
43 416
-
-
total
24 491
43 416
-
-
Income
237 500
237 500
237 500
237 500
Total tax
81 899
88 541
105 703
84 540
After tax
155 601
148 959
131 797
152 960
Living cost
45 954
45 954
45 954
45 954
Free-cash
109 647
103 005
85 843
107 006

Estimated living cost  is ₽45954 per week

₽34429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽111691
₽103931
₽65365
₽33028
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
4 750
health
-
-
-
534
city
-
-
-
2 504
national
-
-
-
6 857
regional
-
-
-
13 740
pensions
-
-
-
21 850
total
-
-
-
50 235
Employee
88 441
-
214 140
-
pensions
7 430
-
16 240
-
national
419
-
5 642
-
unemployment
-
-
-
-
city
949
-
2 321
-
health
200
-
481
-
regional
2 896
-
12 308
-
total
11 894
-
36 992
-
Employer
88 441
-
214 140
-
pensions
7 430
-
16 240
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 768
-
4 282
-
health
200
-
481
-
unemployment
-
-
-
-
total
9 398
-
21 003
-
Corporate
138 688
237 500
-
-
regional
29 333
50 232
-
-
national
11 788
20 187
-
-
total
41 121
70 419
-
-
Dividends
97 568
167 082
-
-
withholding
34 148
58 479
-
-
total
34 148
58 479
-
-
Income
237 500
237 500
237 500
237 500
Total tax
96 561
128 898
57 995
50 235
After tax
140 939
108 602
179 505
187 265
Living cost
75 574
75 574
75 574
75 574
Free-cash
65 365
33 028
103 931
111 691

Estimated living cost  is ₽75574 per week

₽49145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67477
₽100235
₽87655
₽71441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
237 500
trade
-
-
-
32 758
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.

-
-
-
6 830
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.

-
-
-
80 221
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.

-
-
-
4 413
total
-
-
-
124 222
Employee

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

60 085
-
237 500
-
surtax

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

389
-
4 413
-
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.

7 065
-
80 221
-
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.

6 830
-
6 830
-
total
14 284
-
91 464
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 415
237 500
-
-
trade
30 427
40 731
-
-
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.

1 463
1 960
-
-
income
26 611
35 625
-
-
chamber of commerce
402
486
-
-
total
58 903
78 802
-
-
Dividends
118 512
158 698
-
-
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.

1 609
2 161
-
-
withholding
29 248
39 295
-
-
total
30 857
41 456
-
-
Income
237 500
237 500
237 500
237 500
Total tax
104 044
120 258
91 464
124 222
After tax
133 456
117 242
146 036
113 278
Living cost
45 801
45 801
45 801
45 801
Free-cash
87 655
71 441
100 235
67 477

Estimated living cost  is ₽45801 per week

₽33451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94667
₽86909
₽91401
₽85491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
other
-
-
-
7 363
social contributions
-
-
-
6 768
health
-
-
-
11 959
income
-
-
-
46 041
surtax
-
-
-
-
pensions
-
-
-
36 496
total
-
-
-
108 627
Employee
42 789
-
180 606
-
income
2 525
-
40 457
-
pensions
4 838
-
13 886
-
social contributions
1 220
-
5 147
-
surtax
-
-
-
-
total
8 583
-
59 490
-
Employer
42 789
-
180 606
-
pensions
7 029
-
23 144
-
other
1 476
-
7 611
-
health
2 996
-
18 283
-
unemployment
1 732
-
7 314
-
social contributions
129
-
543
-
total
13 362
-
56 895
-
Corporate
181 348
237 500
-
-
surtax
-
-
-
-
income
50 777
66 500
-
-
total
50 777
66 500
-
-
Dividends
130 571
171 000
-
-
surtax
-
-
-
-
social contributions
22 458
29 414
-
-
withholding
16 713
21 889
-
-
total
39 171
51 303
-
-
Income
237 500
237 500
237 500
237 500
Total tax
111 893
117 803
116 385
108 627
After tax
125 607
119 697
121 115
128 873
Living cost
34 206
34 206
34 206
34 206
Free-cash
91 401
85 491
86 909
94 667

Estimated living cost  is ₽34206 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98056
₽90298
₽94436
₽88880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
other
-
-
-
7 363
social contributions
-
-
-
6 768
health
-
-
-
11 959
income
-
-
-
46 041
surtax
-
-
-
-
pensions
-
-
-
36 496
total
-
-
-
108 627
Employee
38 195
-
180 606
-
income
1 969
-
40 457
-
pensions
4 320
-
13 886
-
social contributions
1 089
-
5 147
-
surtax
-
-
-
-
total
7 378
-
59 490
-
Employer
38 195
-
180 606
-
pensions
6 276
-
23 144
-
other
1 319
-
7 611
-
health
2 673
-
18 283
-
unemployment
1 546
-
7 314
-
social contributions
114
-
543
-
total
11 928
-
56 895
-
Corporate
187 376
237 500
-
-
surtax
-
-
-
-
income
52 466
66 500
-
-
total
52 466
66 500
-
-
Dividends
134 911
171 000
-
-
surtax
-
-
-
-
social contributions
23 206
29 414
-
-
withholding
17 269
21 889
-
-
total
40 475
51 303
-
-
Income
237 500
237 500
237 500
237 500
Total tax
112 247
117 803
116 385
108 627
After tax
125 253
119 697
121 115
128 873
Living cost
30 817
30 817
30 817
30 817
Free-cash
94 436
88 880
90 298
98 056

Estimated living cost  is ₽30817 per week

₽17872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131321
₽124620
₽124213
₽123696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
social contributions
-
-
-
32 776
health
-
-
-
16 578
income
-
-
-
35 625
total
-
-
-
84 979
Employee
33 899
-
237 500
-
income
5 654
-
42 326
-
social contributions
4 679
-
32 776
-
health
2 366
-
16 578
-
total
12 699
-
91 680
-
Employer
33 899
-
237 500
-
total
-
-
-
-
Corporate
203 601
237 500
-
-
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%.

10 181
11 875
-
-
total
10 181
11 875
-
-
Dividends
193 421
225 625
-
-
social contributions
26 693
31 136
-
-
health
13 501
15 749
-
-
withholding
29 013
33 844
-
-
total
69 207
80 729
-
-
Income
237 500
237 500
237 500
237 500
Total tax
92 087
92 604
91 680
84 979
After tax
145 413
144 896
145 820
152 521
Living cost
21 200
21 200
21 200
21 200
Free-cash
124 213
123 696
124 620
131 321

Estimated living cost  is ₽21200 per week

₽14188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽86234
₽26787
₽94046
₽95595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
chamber of commerce
-
-
-
951
unemployment
-
-
-
6 132
health
-
-
-
8 934
income
-
-
-
78 215
surtax
-
-
-
197
pensions
-
-
-
21 608
total
-
-
-
116 037
Employee
49 965
39 843
197 779
-
income
5 688
2 939
66 115
-
pensions
5 117
4 079
11 960
-
unemployment
1 499
1 195
3 504
-
health
1 933
1 542
4 519
-
other
499
398
1 169
-
total
14 736
10 153
87 267
-
Employer
49 965
39 843
197 779
-
pensions
6 271
5 001
14 658
-
other
2 373
1 892
8 705
-
accident
649
518
1 518
-
health
1 888
1 506
4 415
-
payroll
1 499
1 195
5 933
-
chamber of commerce
199
159
791
-
unemployment
1 499
1 195
3 504
-
surtax
197
197
197
-
total
14 575
11 663
39 721
-
Corporate
172 960
185 993
193 984
-
income

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

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

43 241
46 499
48 496
-
total
43 241
46 499
48 496
-
Dividends
129 719
139 494
-
-
withholding
35 673
38 361
-
-
total
35 673
38 361
-
-
Income
237 500
237 500
237 500
237 500
Total tax
108 225
106 676
175 484
116 037
After tax
129 275
130 824
62 016
121 463
Living cost
35 229
35 229
35 229
35 229
Free-cash
94 046
95 595
26 787
86 234

Estimated living cost  is ₽35229 per week

₽23496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66908
₽43735
₽81250
₽93176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
social contributions
-
-
-
24 926
communal

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

-
-
-
12 754
national
-
-
-
96 458
total
-
-
-
134 138
Employee

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

71 515
-
183 953
-
pensions

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

5 364
-
13 797
-
national
21 987
-
70 125
-
unemployment

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

622
-
1 601
-
communal

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

3 730
-
9 595
-
health

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

3 360
-
8 646
-
total
35 063
-
103 764
-
Employer

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

71 515
-
183 953
-
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.

6 337
-
16 298
-
accident

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

930
-
2 392
-
health

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

4 398
-
11 312
-
unemployment

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

1 044
-
2 687
-
surtax
8 109
-
20 859
-
total
20 818
-
53 548
-
Corporate
145 168
237 500
-
-
surtax
581
1 036
-
-
income
29 034
51 800
-
-
total
29 615
52 836
-
-
Dividends
115 553
184 665
-
-
withholding

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

34 301
55 034
-
-
total
34 301
55 034
-
-
Income
237 500
237 500
237 500
237 500
Total tax
119 797
107 870
157 312
134 138
After tax
117 703
129 630
80 188
103 362
Living cost
36 454
36 454
36 454
36 454
Free-cash
81 250
93 176
43 735
66 908

Estimated living cost  is ₽36454 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3187
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.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96490
₽92296
₽114613
₽121464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
77 103
pensions
-
-
-
26 224
total
-
-
-
104 904
Employee
49 767
-
207 957
-
income
10 501
-
73 670
-
pensions
2 339
-
4 356
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 661
-
79 555
-
Employer
49 767
-
207 957
-
pensions
11 744
-
21 870
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 096
-
total
15 864
-
29 543
-
Corporate
171 870
237 500
-
-
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.

25 780
35 625
-
-
total
25 780
35 625
-
-
Dividends
146 090
201 875
-
-
withholding
31 476
44 305
-
-
total
31 476
44 305
-
-
Income
237 500
237 500
237 500
237 500
Total tax
86 781
79 930
109 098
104 904
After tax
150 719
157 570
128 402
132 596
Living cost
36 106
36 106
36 106
36 106
Free-cash
114 613
121 464
92 296
96 490

Estimated living cost  is ₽36106 per week

₽26588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽56215
₽65683
₽65311
₽79063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
accident
-
-
-
2 002
health
-
-
-
16 687
income
-
-
-
45 881
communal
-
-
-
15 009
surtax
-
-
-
11 775
pensions
-
-
-
35 599
total
-
-
-
126 953
Employee
75 713
-
212 149
-
income
7 313
-
52 719
-
pensions
6 056
-
16 971
-
health
3 370
-
9 441
-
surtax
4 641
-
13 002
-
total
21 380
-
92 133
-
Employer
75 713
-
212 149
-
pensions
6 056
-
16 971
-
accident
681
-
1 909
-
health
2 309
-
6 472
-
total
9 046
-
25 352
-
Corporate
152 741
237 500
-
-
communal
10 310
16 032
-
-
surtax
1 603
2 493
-
-
income
22 912
35 625
-
-
total
34 825
54 150
-
-
Dividends
117 916
183 350
-
-
withholding
17 688
27 503
-
-
income
34 918
22 452
-
-
total
52 606
49 955
-
-
Income
237 500
237 500
237 500
237 500
Total tax
117 857
104 105
117 485
126 953
After tax
119 643
133 395
120 015
110 547
Living cost
54 332
54 332
54 332
54 332
Free-cash
65 311
79 063
65 683
56 215

Estimated living cost  is ₽54332 per week

₽40757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89122
₽83009
₽123753
₽126930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 473
income
-
-
-
76 460
surtax
-
-
-
13 074
pensions
-
-
-
26 687
total
-
-
-
125 922
Employee
33 669
-
209 413
-
income
5 644
-
70 480
-
pensions
2 246
-
8 900
-
unemployment
2 343
-
9 287
-
health
859
-
3 402
-
other
-
-
-
-
surtax
120
-
11 879
-
total
11 212
-
103 948
-
Employer
33 669
-
209 413
-
pensions
4 489
-
17 787
-
other
-
-
-
-
health
1 531
-
6 071
-
unemployment
1 068
-
4 229
-
total
7 088
-
28 087
-
Corporate
196 743
237 500
-
-
income
51 153
61 751
-
-
total
51 153
61 751
-
-
Dividends
145 590
175 749
-
-
withholding
21 838
26 363
-
-
total
21 838
26 363
-
-
Income
237 500
237 500
237 500
237 500
Total tax
91 291
88 114
132 035
125 922
After tax
146 209
149 386
105 465
111 578
Living cost
22 456
22 456
22 456
22 456
Free-cash
123 753
126 930
83 009
89 122

Estimated living cost  is ₽22456 per week

₽13558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87576
₽79142
₽95683
₽97904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
social contributions
-
-
-
50 039
municipal
-
-
-
1 499
national
-
-
-
67 649
regional
-
-
-
3 805
total
-
-
-
122 992
Employee
55 460
-
237 500
-
national
8 786
-
60 958
-
social contributions
18 701
-
65 602
-
municipal
294
-
1 376
-
regional
747
-
3 490
-
total
28 528
-
131 426
-
Employer
55 460
-
237 500
-
total
-
-
-
-
Corporate
182 040
237 500
-
-
nationa
43 691
57 000
-
-
municipal
9 048
11 803
-
-
total
52 739
68 803
-
-
Dividends
129 302
168 697
-
-
withholding
33 618
43 861
-
-
total
33 618
43 861
-
-
Income
237 500
237 500
237 500
237 500
Total tax
114 885
112 664
131 426
122 992
After tax
122 615
124 836
106 074
114 508
Living cost
26 932
26 932
26 932
26 932
Free-cash
95 683
97 904
79 142
87 576

Estimated living cost  is ₽26932 per week

₽16749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
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.
₽6993
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111983
₽101392
₽123373
₽133929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
social contributions
-
-
-
34 554
health
-
-
-
32 062
income
-
-
-
25 633
solidarity contribution
-
-
-
3 678
total
-
-
-
95 927
Employee
43 515
-
190 749
-
income
5 222
-
23 596
-
solidarity contribution
-
-
2 728
-
social contributions
2 828
-
7 692
-
health
5 875
-
25 751
-
total
13 925
-
59 767
-
Employer
43 515
-
190 749
-
health
3 916
-
17 167
-
social contributions
10 879
-
29 584
-
total
14 795
-
46 751
-
Corporate
179 190
237 500
-
-
income
34 046
45 125
-
-
total
34 046
45 125
-
-
Dividends
145 143
192 375
-
-
withholding
21 771
28 856
-
-
total
21 771
28 856
-
-
Income
237 500
237 500
237 500
237 500
Total tax
84 537
73 981
106 518
95 927
After tax
152 963
163 519
130 982
141 573
Living cost
29 590
29 590
29 590
29 590
Free-cash
123 373
133 929
101 392
111 983

Estimated living cost  is ₽29590 per week

₽22005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽89763
₽30165
₽98538
₽99035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
chamber of commerce
-
-
-
951
unemployment
-
-
-
6 132
health
-
-
-
8 934
income
-
-
-
78 215
surtax
-
-
-
-
pensions
-
-
-
21 608
total
-
-
-
115 840
Employee
43 704
39 843
197 963
-
income
3 893
2 939
66 208
-
pensions
4 476
4 079
11 960
-
unemployment
1 311
1 195
3 504
-
health
1 690
1 542
4 519
-
other
436
398
1 169
-
total
11 806
10 153
87 360
-
Employer
43 704
39 843
197 963
-
pensions
5 485
5 001
14 658
-
other
2 076
1 892
8 712
-
accident
567
518
1 518
-
health
1 653
1 506
4 415
-
payroll
1 311
1 195
5 938
-
chamber of commerce
175
159
791
-
unemployment
1 311
1 195
3 504
-
surtax
-
-
-
-
total
12 578
11 466
39 536
-
Corporate
181 219
186 190
194 168
-
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.

45 305
46 548
48 542
-
total
45 305
46 548
48 542
-
Dividends
135 914
139 642
-
-
withholding
37 376
38 401
-
-
total
37 376
38 401
-
-
Income
237 500
237 500
237 500
237 500
Total tax
107 065
106 568
175 438
115 840
After tax
130 435
130 932
62 062
121 660
Living cost
31 897
31 897
31 897
31 897
Free-cash
98 538
99 035
30 165
89 763

Estimated living cost  is ₽31897 per week

₽19134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽221083
₽175958
₽208949
₽211583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
237 500
microenterprise

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

-
-
-
2 375
total
-
-
-
2 375
Employee
17 552
-
237 500
-
income
3 511
-
47 500
-
total
3 511
-
47 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

219 948
237 500
-
-
total
-
-
-
-
Dividends
219 948
237 500
-
-
withholding
10 998
11 875
-
-
total
10 998
11 875
-
-
Income
237 500
237 500
237 500
237 500
Total tax
14 509
11 875
47 500
2 375
After tax
222 991
225 625
190 000
235 125
Living cost
14 042
14 042
14 042
14 042
Free-cash
208 949
211 583
175 958
221 083

Estimated living cost  is ₽14042 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽82119
₽76965
₽128340
₽136703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
237 500
unemployment
-
-
-
357
health
-
-
-
23 371
income
-
-
-
61 463
pensions
-
-
-
43 374
total
-
-
-
128 565
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.

44 211
-
205 504
-
income
7 624
-
56 308
-
pensions
6 853
-
31 853
-
unemployment
63
-
288
-
health
2 855
-
13 275
-
total
17 395
-
101 724
-
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.

44 211
-
205 504
-
pensions
3 912
-
18 187
-
health
2 945
-
13 685
-
unemployment
27
-
123
-
total
6 884
-
31 995
-
Corporate
186 406
237 500
-
-
income
35 417
45 125
-
-
total
35 417
45 125
-
-
Dividends
150 989
192 375
-
-
withholding
22 648
28 856
-
-
total
22 648
28 856
-
-
Income
237 500
237 500
237 500
237 500
Total tax
82 344
73 981
133 719
128 565
After tax
155 156
163 519
103 781
108 935
Living cost
26 816
26 816
26 816
26 816
Free-cash
128 340
136 703
76 965
82 119

Estimated living cost  is ₽26816 per week

₽18404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽121082
₽181326
₽53988
₽101446
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
social contributions
-
-
-
27 075
income
-
-
-
46 294
total
-
-
-
73 369
Employee
61 727
-
-
-
income
13 616
-
-
-
social contributions
5 062
-
721
-
total
18 678
-
721
-
Employer
61 727
-
-
-
social contributions
87 035
-
12 404
-
total
87 035
-
12 404
-
Corporate
88 738
237 500
-
-
income
19 522
52 250
-
-
total
19 522
52 250
-
-
Dividends
69 216
185 250
-
-
income
15 228
40 755
-
-
total
15 228
40 755
-
-
Income
237 500
237 500
237 500
237 500
Total tax
140 463
93 005
13 125
73 369
After tax
97 037
144 495
224 375
164 131
Living cost
43 049
43 049
43 049
43 049
Free-cash
53 988
101 446
181 326
121 082

Estimated living cost  is ₽43049 per week

₽27932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91892
₽72877
₽102725
₽103728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
237 500
social contributions

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

-
-
-
82 532
income
-
-
-
31 716
surtax
-
-
-
-
total
-
-
-
114 248
Employee
45 982
-
191 920
-
income
9 564
-
66 096
-
social contributions
5 058
-
21 111
-
surtax
-
-
476
-
total
14 622
-
87 683
-
Employer
45 982
-
191 920
-
social contributions
10 921
-
45 580
-
total
10 921
-
45 580
-
Corporate
180 597
237 500
-
-
surtax
-
-
-
-
income
37 925
49 876
-
-
total
37 925
49 876
-
-
Dividends
142 672
187 624
-
-
withholding
39 947
52 536
-
-
total
39 947
52 536
-
-
Income
237 500
237 500
237 500
237 500
Total tax
103 415
102 412
133 263
114 248
After tax
134 085
135 088
104 237
123 252
Living cost
31 360
31 360
31 360
31 360
Free-cash
102 725
103 728
72 877
91 892

Estimated living cost  is ₽31360 per week

₽23464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80585
₽72827
₽78281
₽71409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
other
-
-
-
7 363
social contributions
-
-
-
6 768
health
-
-
-
11 959
income
-
-
-
46 041
surtax
-
-
-
-
pensions
-
-
-
36 496
total
-
-
-
108 627
Employee
62 618
-
180 606
-
income
5 464
-
40 457
-
pensions
7 083
-
13 886
-
social contributions
1 783
-
5 147
-
surtax
-
-
-
-
total
14 330
-
59 490
-
Employer
62 618
-
180 606
-
pensions
10 289
-
23 144
-
other
2 161
-
7 611
-
health
4 383
-
18 283
-
unemployment
2 537
-
7 314
-
social contributions
188
-
543
-
total
19 558
-
56 895
-
Corporate
155 324
237 500
-
-
surtax
-
-
-
-
income
43 491
66 500
-
-
total
43 491
66 500
-
-
Dividends
111 833
171 000
-
-
surtax
-
-
-
-
social contributions
19 237
29 414
-
-
withholding
14 315
21 889
-
-
total
33 552
51 303
-
-
Income
237 500
237 500
237 500
237 500
Total tax
110 931
117 803
116 385
108 627
After tax
126 569
119 697
121 115
128 873
Living cost
48 288
48 288
48 288
48 288
Free-cash
78 281
71 409
72 827
80 585

Estimated living cost  is ₽48288 per week

₽32681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142744
₽149055
₽180339
₽183697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
social contributions
-
-
-
52 249
income
-
-
-
12 454
total
-
-
-
64 703
Employee
32 142
-
205 628
-
social contributions
2 089
-
13 364
-
income
-
-
13 156
-
total
2 089
-
26 520
-
Employer
32 142
-
205 628
-
social contributions
4 982
-
31 872
-
total
4 982
-
31 872
-
Corporate
200 376
237 500
-
-
income
20 037
23 750
-
-
total
20 037
23 750
-
-
Dividends
180 339
213 750
-
-
total
-
-
-
-
Income
237 500
237 500
237 500
237 500
Total tax
27 108
23 750
58 392
64 703
After tax
210 392
213 750
179 108
172 797
Living cost
30 053
30 053
30 053
30 053
Free-cash
180 339
183 697
149 055
142 744

Estimated living cost  is ₽30053 per week

₽19432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2265
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.
₽7790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88358
₽19575
₽10917
₽19575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
municipal
-
-
-
51 293
national
-
-
-
29 880
labour market
-
-
-
18 931
pensions
-
-
-
867
total
-
-
-
100 971
Employee
203 317
203 317
203 317
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 317
203 317
203 317
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
19 574
-
-
-
income
4 306
-
-
-
total
4 306
-
-
-
Dividends
15 268
-
-
-
withholding
4 352
-
-
-
total
4 352
-
-
-
Income
237 500
237 500
237 500
237 500
Total tax
178 412
169 754
169 754
100 971
After tax
59 088
67 746
67 746
136 529
Living cost
48 171
48 171
48 171
48 171
Free-cash
10 917
19 575
19 575
88 358

Estimated living cost  is ₽48171 per week

₽32969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
₽140541
₽109594
₽15927
-₽2353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
68 430
pensions
-
-
-
4 145
total
-
-
-
75 368
Employee
33 964
-
217 562
-
income
4 659
-
53 867
-
pensions
3 825
-
7 600
-
health
3 889
-
24 911
-
total
12 373
-
86 378
-
Employer
33 964
-
217 562
-
pensions
5 522
-
10 974
-
accident
567
-
3 633
-
unemployment
832
-
5 330
-
total
6 921
-
19 937
-
Corporate
196 614
237 500
-
-
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.

176 953
213 750
-
-
total
176 953
213 750
-
-
Dividends
19 661
23 750
-
-
withholding
3 735
4 512
-
-
total
3 735
4 512
-
-
Income
237 500
237 500
237 500
237 500
Total tax
199 982
218 262
106 315
75 368
After tax
37 518
19 238
131 185
162 132
Living cost
21 591
21 591
21 591
21 591
Free-cash
15 927
-2 353
109 594
140 541

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽105881
₽78678
₽109712
₽106625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
237 500
municipal
-
-
-
42 167
health
-
-
-
3 241
national
-
-
-
47 827
total
-
-
-
93 235
Employee
52 601
-
199 797
-
pensions
3 550
-
13 486
-
national
869
-
31 076
-
municipal
8 616
-
32 517
-
unemployment
789
-
2 998
-
health
393
-
2 660
-
total
14 217
-
82 737
-
Employer
52 601
-
199 797
-
pensions
9 126
-
34 665
-
accident
53
-
199
-
health
404
-
1 539
-
unemployment
342
-
1 298
-
total
9 925
-
37 701
-
Corporate
174 975
237 500
-
-
income
34 995
47 500
-
-
total
34 995
47 500
-
-
Dividends

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

104 984
142 500
-
-
municipal
18 897
25 649
-
-
national
11 370
19 342
-
-
total
30 267
44 991
-
-
Income
237 500
237 500
237 500
237 500
Total tax
89 404
92 491
120 438
93 235
After tax
148 096
145 009
117 062
144 265
Living cost
38 384
38 384
38 384
38 384
Free-cash
109 712
106 625
78 678
105 881

Estimated living cost  is ₽38384 per week

₽25073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136110
₽134186
₽144468
₽149910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
social contributions
-
-
-
16 176
health
-
-
-
6 056
income
-
-
-
56 010
total
-
-
-
78 242
Employee
76 879
76 879
224 737
-
income
8 371
7 117
54 976
-
social contributions
2 907
6 381
8 606
-
health
596
1 307
3 821
-
total
11 874
14 805
67 403
-
Employer
76 879
76 879
224 737
-
health
647
1 423
4 157
-
social contributions
2 907
6 381
8 606
-
total
3 554
7 804
12 763
-
Corporate
198 925
152 818
-
-
income
24 866
19 102
-
-
total
24 866
19 102
-
-
Dividends
174 060
133 716
-
-
withholding
29 590
22 731
-
-
total
29 590
22 731
-
-
Income
237 500
237 500
237 500
237 500
Total tax
69 884
64 442
80 166
78 242
After tax
167 616
173 058
157 334
159 258
Living cost
23 148
23 148
23 148
23 148
Free-cash
144 468
149 910
134 186
136 110

Estimated living cost  is ₽23148 per week

₽13873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽186950
₽166895
₽175713
₽180800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
237 500
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
24 670
pensions
-
-
-
6 360
total
-
-
-
34 676
Employee

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

22 948
-
227 729
-
income
1 569
-
22 193
-
pensions
3 442
-
14 230
-
unemployment
114
-
474
-
health
1 950
-
8 063
-
total
7 075
-
44 960
-
Employer

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

22 948
-
227 729
-
pensions
1 262
-
5 218
-
health
987
-
4 079
-
unemployment
114
-
474
-
total
2 363
-
9 771
-
Corporate
212 189
237 500
-
-
income
19 096
21 375
-
-
total
19 096
21 375
-
-
Dividends
193 093
216 125
-
-
withholding
17 379
19 451
-
-
total
17 379
19 451
-
-
Income
237 500
237 500
237 500
237 500
Total tax
45 913
40 826
54 731
34 676
After tax
191 587
196 674
182 769
202 824
Living cost
15 874
15 874
15 874
15 874
Free-cash
175 713
180 800
166 895
186 950

Estimated living cost  is ₽15874 per week

₽10128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105103
₽100909
₽125661
₽130077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
77 103
pensions
-
-
-
26 224
total
-
-
-
104 904
Employee
36 968
-
207 957
-
income
7 127
-
73 670
-
pensions
1 738
-
4 356
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 474
-
79 555
-
Employer
36 968
-
207 957
-
pensions
8 724
-
21 870
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 096
-
total
11 786
-
29 543
-
Corporate
188 746
237 500
-
-
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.

28 311
35 625
-
-
total
28 311
35 625
-
-
Dividends
160 435
201 875
-
-
withholding
34 775
44 305
-
-
total
34 775
44 305
-
-
Income
237 500
237 500
237 500
237 500
Total tax
84 346
79 930
109 098
104 904
After tax
153 154
157 570
128 402
132 596
Living cost
27 493
27 493
27 493
27 493
Free-cash
125 661
130 077
100 909
105 103

Estimated living cost  is ₽27493 per week

₽18557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150029
₽149833
₽145012
₽145462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
health
-
-
-
1 448
income
-
-
-
81 288
pensions
-
-
-
1 997
total
-
-
-
84 733
Employee
4 171
-
235 253
-
income
807
-
81 183
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
82 681
-
Employer
4 171
-
235 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
232 391
237 500
-
-
income
51 126
52 250
-
-
total
51 126
52 250
-
-
Dividends
181 265
185 250
-
-
withholding
36 253
37 050
-
-
total
36 253
37 050
-
-
Income
237 500
237 500
237 500
237 500
Total tax
89 750
89 300
84 929
84 733
After tax
147 750
148 200
152 571
152 767
Living cost
2 738
2 738
2 738
2 738
Free-cash
145 012
145 462
149 833
150 029

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽137075
₽137075
₽149381
₽154301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
237 500
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
55 198
pensions
-
-
-
19 214
total
-
-
-
83 132
Employee

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

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

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

26 076
-
224 272
-
income
3 594
-
55 198
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
69 904
-
Employer

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

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

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

26 076
-
224 272
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
206 756
237 500
-
-
income
31 013
35 625
-
-
total
31 013
35 625
-
-
Dividends
175 743
201 875
-
-
withholding
26 361
30 281
-
-
total
26 361
30 281
-
-
Income
237 500
237 500
237 500
237 500
Total tax
70 826
65 906
83 132
83 132
After tax
166 674
171 594
154 368
154 368
Living cost
17 293
17 293
17 293
17 293
Free-cash
149 381
154 301
137 075
137 075

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽96299
₽77284
₽107776
₽108135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
237 500
social contributions

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

-
-
-
82 532
income
-
-
-
31 716
surtax
-
-
-
-
total
-
-
-
114 248
Employee
38 804
-
191 920
-
income
7 582
-
66 096
-
social contributions
4 269
-
21 111
-
surtax
-
-
476
-
total
11 851
-
87 683
-
Employer
38 804
-
191 920
-
social contributions
9 215
-
45 580
-
total
9 215
-
45 580
-
Corporate
189 481
237 500
-
-
surtax
-
-
-
-
income
39 792
49 876
-
-
total
39 792
49 876
-
-
Dividends
149 689
187 624
-
-
withholding
41 913
52 536
-
-
total
41 913
52 536
-
-
Income
237 500
237 500
237 500
237 500
Total tax
102 771
102 412
133 263
114 248
After tax
134 729
135 088
104 237
123 252
Living cost
26 954
26 954
26 954
26 954
Free-cash
107 776
108 135
77 284
96 299

Estimated living cost  is ₽26954 per week

₽19090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97459
₽93265
₽115891
₽122433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
77 103
pensions
-
-
-
26 224
total
-
-
-
104 904
Employee
48 285
-
207 957
-
income
10 085
-
73 670
-
pensions
2 269
-
4 356
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 149
-
79 555
-
Employer
48 285
-
207 957
-
pensions
11 395
-
21 870
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 096
-
total
15 394
-
29 543
-
Corporate
173 820
237 500
-
-
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.

26 072
35 625
-
-
total
26 072
35 625
-
-
Dividends
147 748
201 875
-
-
withholding
31 857
44 305
-
-
total
31 857
44 305
-
-
Income
237 500
237 500
237 500
237 500
Total tax
86 472
79 930
109 098
104 904
After tax
151 028
157 570
128 402
132 596
Living cost
35 137
35 137
35 137
35 137
Free-cash
115 891
122 433
93 265
97 459

Estimated living cost  is ₽35137 per week

₽25234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽175345
₽185321
₽179766
₽185859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
35 625
pensions

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

-
-
-
5 170
total
-
-
-
44 952
Employee
22 779
-
230 647
-
income
2 278
-
23 065
-
pensions

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

2 000
-
3 067
-
health
1 048
-
1 607
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 576
-
28 123
-
Employer
22 779
-
230 647
-
pensions

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

2 510
-
3 849
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 572
-
2 410
-
unemployment
137
-
210
-
total
4 469
-
6 853
-
Corporate
210 252
237 500
-
-
income
21 025
23 750
-
-
total
21 025
23 750
-
-
Dividends
189 227
213 750
-
-
withholding
9 461
10 688
-
-
total
9 461
10 688
-
-
Income
237 500
237 500
237 500
237 500
Total tax
40 531
34 438
34 976
44 952
After tax
196 969
203 062
202 524
192 548
Living cost
17 203
17 203
17 203
17 203
Free-cash
179 766
185 859
185 321
175 345

Estimated living cost  is ₽17203 per week

₽11378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80027
₽107437
₽96609
₽83529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
237 500
trade
-
-
-
27 410
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.

-
-
-
6 830
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.

-
-
-
80 221
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.

-
-
-
4 413
total
-
-
-
118 874
Employee

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

49 746
-
237 500
-
surtax

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

226
-
4 413
-
income

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

4 091
-
80 221
-
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.

6 830
-
6 830
-
total
11 147
-
91 464
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
187 754
237 500
-
-
trade
26 943
34 081
-
-
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.

1 548
1 960
-
-
income
28 163
35 625
-
-
chamber of commerce
427
501
-
-
total
57 081
72 167
-
-
Dividends
130 673
165 333
-
-
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.

1 776
2 252
-
-
withholding
32 288
40 953
-
-
total
34 064
43 205
-
-
Income
237 500
237 500
237 500
237 500
Total tax
102 292
115 372
91 464
118 874
After tax
135 208
122 128
146 036
118 626
Living cost
38 599
38 599
38 599
38 599
Free-cash
96 609
83 529
107 437
80 027

Estimated living cost  is ₽38599 per week

₽26626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61028
₽61028
₽111505
₽109299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
social contributions
-
-
-
41 045
income
-
-
-
78 475
total
-
-
-
119 520
Employee
78 205
-
237 500
-
social contributions
6 497
-
41 045
-
income
14 757
-
78 475
-
total
21 254
-
119 520
-
Employer
78 205
-
237 500
-
total
-
-
-
-
Corporate
159 295
237 500
-
-
income
19 912
29 687
-
-
total
19 912
29 687
-
-
Dividends
139 383
207 813
-
-
withholding
27 877
41 562
-
-
total
27 877
41 562
-
-
Income
237 500
237 500
237 500
237 500
Total tax
69 043
71 249
119 520
119 520
After tax
168 457
166 251
117 980
117 980
Living cost
56 952
56 952
56 952
56 952
Free-cash
111 505
109 299
61 028
61 028

Estimated living cost  is ₽56952 per week

₽43328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158906
₽128829
₽116295
₽112800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
237 500
health

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

-
-
-
6 677
income
-
-
-
35 625
total
-
-
-
42 302
Employee
45 864
-
232 901
-
social contributions
4 595
-
4 599
-
income
4 977
-
63 181
-
total
9 572
-
67 780
-
Employer
45 864
-
232 901
-
social contributions
4 595
-
4 599
-
total
4 595
-
4 599
-
Corporate
187 041
237 500
-
-
income
65 464
83 126
-
-
total
65 464
83 126
-
-
Dividends
121 577
154 374
-
-
social contributions
5 282
5 282
-
-
total
5 282
5 282
-
-
Income
237 500
237 500
237 500
237 500
Total tax
84 913
88 408
72 379
42 302
After tax
152 587
149 092
165 121
195 198
Living cost
36 292
36 292
36 292
36 292
Free-cash
116 295
112 800
128 829
158 906

Estimated living cost  is ₽36292 per week

₽23906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115601
₽94438
₽117555
₽111600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
income
-
-
-
74 284
pensions
-
-
-
10 256
total
-
-
-
84 540
Employee
51 281
-
206 910
-
income
9 339
-
60 176
-
pensions
3 914
-
12 174
-
health
669
-
2 765
-
total
13 922
-
75 115
-
Employer
51 281
-
206 910
-
pensions
5 181
-
26 656
-
health
975
-
3 932
-
total
6 156
-
30 588
-
Corporate
180 063
237 500
-
-
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.

34 212
45 125
-
-
total
34 212
45 125
-
-
Dividends
145 852
192 375
-
-
withholding
28 296
43 416
-
-
total
28 296
43 416
-
-
Income
237 500
237 500
237 500
237 500
Total tax
82 586
88 541
105 703
84 540
After tax
154 914
148 959
131 797
152 960
Living cost
37 359
37 359
37 359
37 359
Free-cash
117 555
111 600
94 438
115 601

Estimated living cost  is ₽37359 per week

₽25628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽138404
₽107457
₽15598
-₽4490
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
68 430
pensions
-
-
-
4 145
total
-
-
-
75 368
Employee
37 326
-
217 562
-
income
5 121
-
53 867
-
pensions
4 203
-
7 600
-
health
4 274
-
24 911
-
total
13 598
-
86 378
-
Employer
37 326
-
217 562
-
pensions
6 069
-
10 974
-
accident
623
-
3 633
-
unemployment
914
-
5 330
-
total
7 606
-
19 937
-
Corporate
192 568
237 500
-
-
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.

173 311
213 750
-
-
total
173 311
213 750
-
-
Dividends
19 257
23 750
-
-
withholding
3 659
4 512
-
-
total
3 659
4 512
-
-
Income
237 500
237 500
237 500
237 500
Total tax
198 174
218 262
106 315
75 368
After tax
39 326
19 238
131 185
162 132
Living cost
23 728
23 728
23 728
23 728
Free-cash
15 598
-4 490
107 457
138 404

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽139956
₽161933
₽165163
₽168186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
237 500
work injury
-
-
-
799
unemployment
-
-
-
1 918
income
-
-
-
40 087
health insurance
-
-
-
11 828
pensions
-
-
-
29 411
total
-
-
-
84 043
Employee

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

21 601
-
237 500
-
income
2 160
-
40 087
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
62 066
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
215 899
237 500
-
-
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%.

21 590
23 750
-
-
total
21 590
23 750
-
-
Dividends
194 309
213 750
-
-
withholding
29 146
32 063
-
-
total
29 146
32 063
-
-
Income
237 500
237 500
237 500
237 500
Total tax
58 836
55 813
62 066
84 043
After tax
178 664
181 687
175 434
153 457
Living cost
13 501
13 501
13 501
13 501
Free-cash
165 163
168 186
161 933
139 956

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽72387
₽64174
₽80722
₽85269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
237 500
social contributions
-
-
-
50 039
municipal
-
-
-
1 687
national
-
-
-
67 649
regional
-
-
-
5 909
total
-
-
-
125 284
Employee
84 248
-
237 500
-
national
14 237
-
60 958
-
social contributions
28 408
-
65 602
-
municipal
503
-
1 546
-
regional
1 272
-
5 391
-
total
44 420
-
133 497
-
Employer
84 248
-
237 500
-
total
-
-
-
-
Corporate
153 252
237 500
-
-
nationa
36 781
57 000
-
-
municipal
7 386
11 448
-
-
total
44 167
68 448
-
-
Dividends
109 085
169 052
-
-
withholding
28 362
43 954
-
-
total
28 362
43 954
-
-
Income
237 500
237 500
237 500
237 500
Total tax
116 949
112 402
133 497
125 284
After tax
120 551
125 098
104 003
112 216
Living cost
39 829
39 829
39 829
39 829
Free-cash
80 722
85 269
64 174
72 387

Estimated living cost  is ₽39829 per week

₽27977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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