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
₽ 238500
per

Your estimated
City
free-cash

Dresden , Germany
₽90216
₽116481
₽86163
₽101159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 500
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.

-
-
-
80 844
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.

-
-
-
4 446
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.

-
-
-
6 760
trade
-
-
-
30 318
total
-
-
-
122 368
Employee

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

37 844
-
238 500
-
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.

58
-
4 446
-
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.

1 057
-
80 844
-
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.

6 760
-
6 760
-
total
7 875
-
92 050
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
200 656
238 500
-
-
income
30 099
35 775
-
-
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.

1 656
1 968
-
-
chamber of commerce
439
494
-
-
trade
31 603
37 564
-
-
total
63 797
75 801
-
-
Dividends
136 859
162 699
-
-
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.

1 861
2 216
-
-
withholding
33 839
40 298
-
-
total
35 700
42 514
-
-
Income
238 500
238 500
238 500
238 500
Total tax
107 372
118 315
92 050
122 368
After tax
131 128
120 185
146 450
116 132
Living cost
29 969
29 969
29 969
29 969
Free-cash
101 159
90 216
116 481
86 163

Estimated living cost  is ₽29969 per week

₽18852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
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.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96422
₽84312
₽83031
₽95551
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
social contributions
-
-
-
2 564
municipal
-
-
-
26 527
national
-
-
-
45 356
pensions
-
-
-
28 620
total
-
-
-
103 067
Employee
81 232
-
206 181
-
municipal
10 033
-
27 450
-
pensions
3 249
-
8 247
-
national
15 548
-
47 379
-
total
28 830
-
83 076
-
Employer
81 232
-
206 181
-
pensions
6 499
-
16 494
-
social contributions
873
-
2 216
-
total
7 372
-
18 710
-
Corporate
144 535
238 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

28 907
47 700
-
-
total
28 907
47 700
-
-
Dividends
115 628
190 800
-
-
withholding
25 438
41 976
-
-
total
25 438
41 976
-
-
Income
238 500
238 500
238 500
238 500
Total tax
90 547
89 676
101 786
103 067
After tax
147 953
148 824
136 714
135 433
Living cost
52 402
52 402
52 402
52 402
Free-cash
95 551
96 422
84 312
83 031

Estimated living cost  is ₽52402 per week

₽35617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170215
₽83947
₽67235
₽162098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 500
income
-
-
-
51 953
surtax
-
-
-
60 817
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.

-
-
-
37 910
microenterprise
-
-
-
-
total
-
-
-
150 680
Employee
28 912
-
189 274
-
surtax
-
-
27 444
-
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.

3 181
-
12 971
-
income
5 147
-
44 327
-
total
8 328
-
84 742
-
Employer
28 912
-
189 274
-
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.

6 964
-
28 407
-
surtax
-
-
20 819
-
total
6 964
-
49 226
-
Corporate
202 624
238 500
-
-
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%.

40 525
47 700
-
-
total
40 525
47 700
-
-
Dividends

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

162 098
190 800
-
-
total
-
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
55 817
47 700
133 968
150 680
After tax
182 683
190 800
104 532
87 820
Living cost
20 585
20 585
20 585
20 585
Free-cash
162 098
170 215
83 947
67 235

Estimated living cost  is ₽20585 per week

₽13132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77588
₽111055
₽85753
₽71528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
87 504
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
111 298
Employee
84 494
84 494
220 112
-
pensions
15 209
11 593
11 593
-
income

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

13 830
13 830
43 814
-
health
12 969
11 031
12 201
-
total
42 008
36 454
67 608
-
Employer
84 494
84 494
220 112
-
health
5 873
5 873
7 298
-
pensions
5 881
5 881
7 310
-
unemployment
3 042
3 042
3 780
-
total
14 796
14 796
18 388
-
Corporate
140 246
139 210
-
-
income
28 048
27 842
-
-
total
28 048
27 842
-
-
Dividends
112 198
111 368
-
-
income
23 842
23 666
-
-
withholding
16 829
16 705
-
-
total
40 671
40 371
-
-
Income
238 500
238 500
238 500
238 500
Total tax
125 523
119 463
85 996
111 298
After tax
112 977
119 037
152 504
127 202
Living cost
41 449
41 449
41 449
41 449
Free-cash
71 528
77 588
111 055
85 753

Estimated living cost  is ₽41449 per week

₽29374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89404
₽77063
₽78053
₽88489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
accident
-
-
-
179
other
-
-
-
10 395
unemployment
-
-
-
90
health
-
-
-
5 582
municipal
-
-
-
63 393
national
-
-
-
30 321
pensions
-
-
-
9 670
total
-
-
-
119 630
Employee
58 161
-
210 393
-
municipal
17 344
-
62 739
-
national
-
-
29 773
-
total
17 344
-
92 512
-
Employer
58 161
-
210 393
-
health
3 577
-
5 502
-
pensions
6 287
-
9 670
-
accident
116
-
179
-
unemployment
1 535
-
2 362
-
other
6 758
-
10 395
-
total
18 273
-
28 108
-
Corporate
162 065
238 500
-
-
income
35 654
52 470
-
-
total
35 654
52 470
-
-
Dividends
126 411
186 030
-
-
withholding
37 923
55 809
-
-
total
37 923
55 809
-
-
Income
238 500
238 500
238 500
238 500
Total tax
109 194
108 279
120 620
119 630
After tax
129 306
130 221
117 880
118 870
Living cost
40 817
40 817
40 817
40 817
Free-cash
88 489
89 404
77 063
78 053

Estimated living cost  is ₽40817 per week

₽27052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80088
₽107581
₽75914
₽93990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 500
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.

-
-
-
80 844
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.

-
-
-
4 446
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.

-
-
-
6 760
trade
-
-
-
31 667
total
-
-
-
123 717
Employee

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

50 177
-
238 500
-
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.

237
-
4 446
-
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.

4 311
-
80 844
-
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.

6 760
-
6 760
-
total
11 308
-
92 050
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
188 323
238 500
-
-
income
28 249
35 775
-
-
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.

1 553
1 968
-
-
chamber of commerce
419
490
-
-
trade
30 979
39 234
-
-
total
61 200
77 467
-
-
Dividends
127 123
161 034
-
-
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.

1 727
2 193
-
-
withholding
31 406
39 883
-
-
total
33 133
42 076
-
-
Income
238 500
238 500
238 500
238 500
Total tax
105 641
119 543
92 050
123 717
After tax
132 859
118 957
146 450
114 783
Living cost
38 869
38 869
38 869
38 869
Free-cash
93 990
80 088
107 581
75 914

Estimated living cost  is ₽38869 per week

₽25996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141685
₽125782
₽127707
₽137582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
56 609
social contributions
-
-
-
16 009
health
-
-
-
6 082
total
-
-
-
78 700
Employee
76 083
76 083
225 805
-
social contributions
3 697
6 315
8 517
-
income
7 989
7 043
55 575
-
health
757
1 294
3 838
-
total
12 443
14 652
67 930
-
Employer
76 083
76 083
225 805
-
health
824
1 408
4 178
-
social contributions
3 697
6 315
8 517
-
total
4 521
7 723
12 695
-
Corporate
189 443
154 694
-
-
income
23 681
19 336
-
-
total
23 681
19 336
-
-
Dividends
165 762
135 358
-
-
withholding
28 180
23 011
-
-
total
28 180
23 011
-
-
Income
238 500
238 500
238 500
238 500
Total tax
68 825
64 722
80 625
78 700
After tax
169 675
173 778
157 875
159 800
Living cost
32 093
32 093
32 093
32 093
Free-cash
137 582
141 685
125 782
127 707

Estimated living cost  is ₽32093 per week

₽21939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115678
₽120093
₽147054
₽116057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
29 157
unemployment
-
-
-
3 577
health
-
-
-
16 695
pensions
-
-
-
23 850
total
-
-
-
73 279
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.

26 224
10 437
199 582
-
unemployment
393
157
2 994
-
pensions
2 622
1 044
19 958
-
income
3 206
1 276
24 399
-
health
1 836
731
13 971
-
total
8 057
3 208
61 322
-
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.

26 224
10 437
199 582
-
pensions
5 114
2 035
38 918
-
total
5 114
2 035
38 918
-
Corporate
207 162
226 028
-
-
income
18 645
20 343
-
-
total
18 645
20 343
-
-
Dividends
188 517
205 685
-
-
social contributions
36 642
39 989
-
-
withholding
35 818
39 080
-
-
total
72 460
79 069
-
-
Income
238 500
238 500
238 500
238 500
Total tax
104 276
104 655
100 240
73 279
After tax
134 224
133 845
138 260
165 221
Living cost
18 167
18 167
18 167
18 167
Free-cash
116 057
115 678
120 093
147 054

Estimated living cost  is ₽18167 per week

₽12397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166901
₽113570
₽103935
₽160755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
31 960
health
-
-
-
31 006
pensions
-
-
-
47 700
total
-
-
-
110 666
Employee
28 069
-
178 254
-
unemployment
449
-
2 852
-
pensions
561
-
3 566
-
income
3 160
-
34 367
-
total
4 170
-
40 785
-
Employer
28 069
-
178 254
-
health
3 648
-
23 172
-
pensions
5 614
-
35 649
-
unemployment
225
-
1 425
-
total
9 487
-
60 246
-
Corporate
200 943
238 500
-
-
income
40 189
47 700
-
-
total
40 189
47 700
-
-
Dividends
160 754
190 800
-
-
total
-
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
53 846
47 700
101 031
110 666
After tax
184 654
190 800
137 469
127 834
Living cost
23 899
23 899
23 899
23 899
Free-cash
160 755
166 901
113 570
103 935

Estimated living cost  is ₽23899 per week

₽16392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1423
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.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽2743
₽109660
₽140754
₽15936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
accident
-
-
-
253
income
-
-
-
68 699
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
75 684
Employee
34 705
-
218 451
-
pensions
3 908
-
7 651
-
income
4 761
-
54 066
-
health
3 974
-
25 013
-
total
12 643
-
86 730
-
Employer
34 705
-
218 451
-
pensions
5 643
-
11 048
-
accident
579
-
3 648
-
unemployment
850
-
5 352
-
total
7 072
-
20 048
-
Corporate
196 722
238 500
-
-
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.

177 049
214 650
-
-
total
177 049
214 650
-
-
Dividends
19 672
23 850
-
-
withholding
3 738
4 531
-
-
total
3 738
4 531
-
-
Income
238 500
238 500
238 500
238 500
Total tax
200 502
219 181
106 778
75 684
After tax
37 998
19 319
131 722
162 816
Living cost
22 062
22 062
22 062
22 062
Free-cash
15 936
-2 743
109 660
140 754

Estimated living cost  is ₽22062 per week

₽16170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽218475
₽182700
₽228015
₽216956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
238 500
microenterprise

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

-
-
-
2 385
total
-
-
-
2 385
Employee
10 125
-
238 500
-
income
2 025
-
47 700
-
total
2 025
-
47 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

228 375
238 500
-
-
total
-
-
-
-
Dividends
228 375
238 500
-
-
withholding
11 419
11 925
-
-
total
11 419
11 925
-
-
Income
238 500
238 500
238 500
238 500
Total tax
13 444
11 925
47 700
2 385
After tax
225 056
226 575
190 800
236 115
Living cost
8 100
8 100
8 100
8 100
Free-cash
216 956
218 475
182 700
228 015

Estimated living cost  is ₽8100 per week

₽5020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148861
₽117354
₽119289
₽142179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
42 968
other
-
-
-
7 146
health
-
-
-
6 621
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.

-
-
-
36 111
total
-
-
-
92 846
Employee
35 926
-
200 186
-
unemployment
359
-
1 504
-
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.

2 514
-
10 532
-
income
6 185
-
42 324
-
health
503
-
2 107
-
total
9 561
-
56 467
-
Employer
35 926
-
200 186
-
health
503
-
2 107
-
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.

6 108
-
25 579
-
accident
287
-
1 602
-
unemployment
359
-
1 504
-
other
1 797
-
7 522
-
total
9 054
-
38 314
-
Corporate
193 520
238 500
-
-
income
40 640
50 085
-
-
total
40 640
50 085
-
-
Dividends
152 880
188 415
-
-
withholding
10 701
13 189
-
-
total
10 701
13 189
-
-
Income
238 500
238 500
238 500
238 500
Total tax
69 956
63 274
94 781
92 846
After tax
168 544
175 226
143 719
145 654
Living cost
26 365
26 365
26 365
26 365
Free-cash
142 179
148 861
117 354
119 289

Estimated living cost  is ₽26365 per week

₽18628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83193
₽66121
₽87349
₽91130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
75 050
pensions
-
-
-
10 166
total
-
-
-
85 216
Employee
93 288
-
207 743
-
pensions
9 000
-
12 031
-
income
16 816
-
60 896
-
health
1 537
-
2 760
-
total
27 353
-
75 687
-
Employer
93 288
-
207 743
-
health
1 772
-
3 947
-
pensions
11 015
-
26 810
-
total
12 787
-
30 757
-
Corporate
132 426
238 500
-
-
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.

25 160
45 315
-
-
total
25 160
45 315
-
-
Dividends
107 266
193 185
-
-
withholding
16 135
44 057
-
-
total
16 135
44 057
-
-
Income
238 500
238 500
238 500
238 500
Total tax
81 435
89 372
106 444
85 216
After tax
157 065
149 128
132 056
153 284
Living cost
65 935
65 935
65 935
65 935
Free-cash
91 130
83 193
66 121
87 349

Estimated living cost  is ₽65935 per week

₽49406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽190944
₽190568
₽180522
₽186347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
35 775
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
45 004
Employee
17 180
-
231 719
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
pensions

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

1 508
-
3 035
-
income
1 718
-
23 172
-
health
790
-
1 590
-
total
4 205
-
28 177
-
Employer
17 180
-
231 719
-
health
1 186
-
2 385
-
pensions

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

1 893
-
3 809
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
unemployment
103
-
207
-
total
3 371
-
6 781
-
Corporate
217 949
238 500
-
-
income
21 795
23 850
-
-
total
21 795
23 850
-
-
Dividends
196 154
214 650
-
-
withholding
9 808
10 732
-
-
total
9 808
10 732
-
-
Income
238 500
238 500
238 500
238 500
Total tax
39 179
34 582
34 958
45 004
After tax
199 321
203 918
203 542
193 496
Living cost
12 974
12 974
12 974
12 974
Free-cash
186 347
190 944
190 568
180 522

Estimated living cost  is ₽12974 per week

₽7575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64171
₽97638
₽72336
₽66660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
87 504
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
111 298
Employee
91 734
84 494
220 112
-
pensions
11 593
11 593
11 593
-
income

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

13 830
13 830
43 814
-
health
11 444
11 031
12 201
-
total
36 867
36 454
67 608
-
Employer
91 734
84 494
220 112
-
health
6 375
5 873
7 298
-
pensions
6 384
5 881
7 310
-
unemployment
3 303
3 042
3 780
-
total
16 062
14 796
18 388
-
Corporate
130 705
139 210
-
-
income
26 141
27 842
-
-
total
26 141
27 842
-
-
Dividends
104 564
111 368
-
-
income
22 220
23 666
-
-
withholding
15 684
16 705
-
-
total
37 904
40 371
-
-
Income
238 500
238 500
238 500
238 500
Total tax
116 974
119 463
85 996
111 298
After tax
121 526
119 037
152 504
127 202
Living cost
54 866
54 866
54 866
54 866
Free-cash
66 660
64 171
97 638
72 336

Estimated living cost  is ₽54866 per week

₽40473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139621
₽106633
₽117215
₽130850
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
25 639
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
3 484
health
-
-
-
32 198
total
-
-
-
96 699
Employee
36 156
-
191 019
-
solidarity contribution
-
-
2 534
-
social contributions
2 350
-
7 875
-
income
4 339
-
23 603
-
health
4 881
-
25 787
-
total
11 570
-
59 799
-
Employer
36 156
-
191 019
-
health
3 254
-
17 192
-
social contributions
9 039
-
30 290
-
total
12 293
-
47 482
-
Corporate
190 051
238 500
-
-
income
36 110
45 315
-
-
total
36 110
45 315
-
-
Dividends
153 941
193 185
-
-
withholding
23 091
28 978
-
-
total
23 091
28 978
-
-
Income
238 500
238 500
238 500
238 500
Total tax
83 064
74 293
107 281
96 699
After tax
155 436
164 207
131 219
141 801
Living cost
24 586
24 586
24 586
24 586
Free-cash
130 850
139 621
106 633
117 215

Estimated living cost  is ₽24586 per week

₽17078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85498
₽65797
₽74188
₽80333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
social contributions
-
-
-
49 521
regional
-
-
-
3 091
municipal
-
-
-
1 512
national
-
-
-
68 437
total
-
-
-
122 561
Employee
87 936
-
238 500
-
municipal
466
-
1 389
-
national
15 237
-
61 814
-
regional
830
-
2 825
-
social contributions
29 652
-
64 924
-
total
46 185
-
130 952
-
Employer
87 936
-
238 500
-
total
-
-
-
-
Corporate
150 564
238 500
-
-
municipal
5 871
9 302
-
-
nationa
36 135
57 240
-
-
total
42 006
66 542
-
-
Dividends
108 558
171 958
-
-
withholding
28 225
44 709
-
-
total
28 225
44 709
-
-
Income
238 500
238 500
238 500
238 500
Total tax
116 416
111 251
130 952
122 561
After tax
122 084
127 249
107 548
115 939
Living cost
41 751
41 751
41 751
41 751
Free-cash
80 333
85 498
65 797
74 188

Estimated living cost  is ₽41751 per week

₽29104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128183
₽84130
₽90178
₽125102
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
77 226
other
-
-
-
-
surtax
-
-
-
13 251
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
126 488
Employee
32 720
-
210 703
-
other
-
-
-
-
unemployment
2 278
-
9 191
-
pensions
2 182
-
8 808
-
surtax
107
-
12 066
-
income
5 485
-
71 308
-
health
836
-
3 367
-
total
10 888
-
104 740
-
Employer
32 720
-
210 703
-
health
1 489
-
6 008
-
pensions
4 362
-
17 603
-
unemployment
1 036
-
4 185
-
other
-
-
-
-
total
6 887
-
27 796
-
Corporate
198 892
238 500
-
-
income
51 712
62 010
-
-
total
51 712
62 010
-
-
Dividends
147 180
176 490
-
-
withholding
22 077
26 473
-
-
total
22 077
26 473
-
-
Income
238 500
238 500
238 500
238 500
Total tax
91 564
88 483
132 536
126 488
After tax
146 936
150 017
105 964
112 012
Living cost
21 834
21 834
21 834
21 834
Free-cash
125 102
128 183
84 130
90 178

Estimated living cost  is ₽21834 per week

₽13350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104083
₽87011
₽108239
₽110593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
75 050
pensions
-
-
-
10 166
total
-
-
-
85 216
Employee
62 519
-
207 743
-
pensions
5 306
-
12 031
-
income
11 260
-
60 896
-
health
908
-
2 760
-
total
17 474
-
75 687
-
Employer
62 519
-
207 743
-
health
1 188
-
3 947
-
pensions
6 768
-
26 810
-
total
7 956
-
30 757
-
Corporate
168 026
238 500
-
-
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.

31 926
45 315
-
-
total
31 926
45 315
-
-
Dividends
136 100
193 185
-
-
withholding
25 506
44 057
-
-
total
25 506
44 057
-
-
Income
238 500
238 500
238 500
238 500
Total tax
82 862
89 372
106 444
85 216
After tax
155 638
149 128
132 056
153 284
Living cost
45 045
45 045
45 045
45 045
Free-cash
110 593
104 083
87 011
108 239

Estimated living cost  is ₽45045 per week

₽33747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3376
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.
₽7449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30852
₽102153
₽110420
₽64314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
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.

-
-
-
4 771
regional
-
-
-
13 581
health
-
-
-
536
city
-
-
-
2 515
national
-
-
-
6 528
pensions
-
-
-
21 941
total
-
-
-
49 872
Employee
91 524
-
214 878
-
unemployment
-
-
-
-
pensions
7 689
-
16 477
-
national
433
-
5 423
-
regional
2 997
-
12 169
-
city
982
-
2 328
-
health
207
-
484
-
total
12 308
-
36 881
-
Employer
91 524
-
214 878
-
health
207
-
484
-
pensions
7 689
-
16 477
-
unemployment
-
-
-
-
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.

1 830
-
4 297
-
total
9 726
-
21 258
-
Corporate
136 244
238 500
-
-
regional
28 817
50 442
-
-
national
11 580
20 272
-
-
total
40 397
70 714
-
-
Dividends
95 847
167 786
-
-
withholding
33 547
58 726
-
-
total
33 547
58 726
-
-
Income
238 500
238 500
238 500
238 500
Total tax
95 978
129 440
58 139
49 872
After tax
142 522
109 060
180 361
188 628
Living cost
78 208
78 208
78 208
78 208
Free-cash
64 314
30 852
102 153
110 420

Estimated living cost  is ₽78208 per week

₽50858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽960
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽72404
₽101123
₽68110
₽88449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 500
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.

-
-
-
80 844
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.

-
-
-
4 446
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.

-
-
-
6 760
trade
-
-
-
33 013
total
-
-
-
125 063
Employee

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

59 464
-
238 500
-
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.

385
-
4 446
-
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.

6 992
-
80 844
-
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.

6 760
-
6 760
-
total
14 137
-
92 050
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 036
238 500
-
-
income
26 856
35 775
-
-
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.

1 478
1 968
-
-
chamber of commerce
402
486
-
-
trade
30 705
40 903
-
-
total
59 441
79 132
-
-
Dividends
119 595
159 368
-
-
surtax

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

1 624
2 171
-
-
withholding
29 522
39 466
-
-
total
31 146
41 637
-
-
Income
238 500
238 500
238 500
238 500
Total tax
104 724
120 769
92 050
125 063
After tax
133 776
117 731
146 450
113 437
Living cost
45 327
45 327
45 327
45 327
Free-cash
88 449
72 404
101 123
68 110

Estimated living cost  is ₽45327 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86351
₽87281
₽95280
₽92195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
46 683
other
-
-
-
7 394
surtax
-
-
-
-
social contributions
-
-
-
6 795
health
-
-
-
12 090
pensions
-
-
-
36 406
total
-
-
-
109 368
Employee
42 347
-
181 224
-
pensions
4 788
-
13 996
-
surtax
-
-
-
-
social contributions
1 207
-
5 164
-
income
2 499
-
40 930
-
total
8 494
-
60 090
-
Employer
42 347
-
181 224
-
health
2 965
-
18 417
-
pensions
6 957
-
23 312
-
unemployment
1 714
-
7 340
-
social contributions
128
-
545
-
other
1 461
-
7 663
-
total
13 225
-
57 277
-
Corporate
182 929
238 500
-
-
income
51 221
66 781
-
-
surtax
-
-
-
-
total
51 221
66 781
-
-
Dividends
131 709
171 719
-
-
surtax
-
-
-
-
social contributions
22 654
29 536
-
-
withholding
16 859
21 980
-
-
total
39 513
51 516
-
-
Income
238 500
238 500
238 500
238 500
Total tax
112 453
118 297
117 367
109 368
After tax
126 047
120 203
121 133
129 132
Living cost
33 852
33 852
33 852
33 852
Free-cash
92 195
86 351
87 281
95 280

Estimated living cost  is ₽33852 per week

₽21345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89705
₽90635
₽98634
₽95203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
46 683
other
-
-
-
7 394
surtax
-
-
-
-
social contributions
-
-
-
6 795
health
-
-
-
12 090
pensions
-
-
-
36 406
total
-
-
-
109 368
Employee
37 800
-
181 224
-
pensions
4 275
-
13 996
-
surtax
-
-
-
-
social contributions
1 078
-
5 164
-
income
1 949
-
40 930
-
total
7 302
-
60 090
-
Employer
37 800
-
181 224
-
health
2 646
-
18 417
-
pensions
6 211
-
23 312
-
unemployment
1 530
-
7 340
-
social contributions
113
-
545
-
other
1 305
-
7 663
-
total
11 805
-
57 277
-
Corporate
188 895
238 500
-
-
income
52 890
66 781
-
-
surtax
-
-
-
-
total
52 890
66 781
-
-
Dividends
136 005
171 719
-
-
surtax
-
-
-
-
social contributions
23 394
29 536
-
-
withholding
17 408
21 980
-
-
total
40 802
51 516
-
-
Income
238 500
238 500
238 500
238 500
Total tax
112 799
118 297
117 367
109 368
After tax
125 701
120 203
121 133
129 132
Living cost
30 498
30 498
30 498
30 498
Free-cash
95 203
89 705
90 635
98 634

Estimated living cost  is ₽30498 per week

₽17688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124526
₽125379
₽132184
₽125041
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
35 775
social contributions
-
-
-
32 913
health
-
-
-
16 647
total
-
-
-
85 335
Employee
33 548
-
238 500
-
social contributions
4 630
-
32 913
-
income
5 595
-
42 580
-
health
2 341
-
16 647
-
total
12 566
-
92 140
-
Employer
33 548
-
238 500
-
total
-
-
-
-
Corporate
204 952
238 500
-
-
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%.

10 248
11 925
-
-
total
10 248
11 925
-
-
Dividends
194 704
226 575
-
-
social contributions
26 869
31 267
-
-
withholding
29 205
33 986
-
-
health
13 590
15 815
-
-
total
69 664
81 068
-
-
Income
238 500
238 500
238 500
238 500
Total tax
92 478
92 993
92 140
85 335
After tax
146 022
145 507
146 360
153 165
Living cost
20 981
20 981
20 981
20 981
Free-cash
125 041
124 526
125 379
132 184

Estimated living cost  is ₽20981 per week

₽14041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96484
₽27313
₽87057
₽94956
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
79 134
surtax
-
-
-
195
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
954
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
116 579
Employee
49 448
39 431
198 953
-
other
494
394
1 157
-
unemployment
1 483
1 183
3 468
-
pensions
5 064
4 037
11 837
-
income
5 629
2 908
67 042
-
health
1 913
1 527
4 473
-
total
14 583
10 049
87 977
-
Employer
49 448
39 431
198 953
-
chamber of commerce
197
158
796
-
health
1 868
1 491
4 369
-
pensions
6 206
4 949
14 507
-
accident
642
513
1 502
-
unemployment
1 483
1 183
3 468
-
surtax
195
195
195
-
payroll
1 483
1 183
5 969
-
other
2 349
1 872
8 740
-
total
14 423
11 544
39 546
-
Corporate
174 628
187 525
195 198
-
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.

43 657
46 881
48 800
-
total
43 657
46 881
48 800
-
Dividends
130 971
140 644
-
-
withholding
36 017
38 678
-
-
total
36 017
38 678
-
-
Income
238 500
238 500
238 500
238 500
Total tax
108 680
107 152
176 323
116 579
After tax
129 820
131 348
62 177
121 921
Living cost
34 864
34 864
34 864
34 864
Free-cash
94 956
96 484
27 313
87 057

Estimated living cost  is ₽34864 per week

₽23253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93916
₽44311
₽67739
₽82339
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
communal

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

-
-
-
12 830
social contributions
-
-
-
24 668
national
-
-
-
97 187
total
-
-
-
134 685
Employee

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

70 775
-
184 726
-
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.

616
-
1 607
-
communal

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

3 691
-
9 634
-
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.

5 308
-
13 855
-
national
21 759
-
70 562
-
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.

3 325
-
8 682
-
total
34 699
-
104 340
-
Employer

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

70 775
-
184 726
-
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.

4 352
-
11 360
-
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.

6 271
-
16 368
-
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.

920
-
2 402
-
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.

1 033
-
2 696
-
surtax
8 025
-
20 947
-
total
20 601
-
53 773
-
Corporate
147 123
238 500
-
-
income
29 425
52 266
-
-
surtax
588
1 046
-
-
total
30 013
53 312
-
-
Dividends
117 110
185 188
-
-
withholding

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

34 772
55 196
-
-
total
34 772
55 196
-
-
Income
238 500
238 500
238 500
238 500
Total tax
120 085
108 508
158 113
134 685
After tax
118 415
129 992
80 387
103 815
Living cost
36 076
36 076
36 076
36 076
Free-cash
82 339
93 916
44 311
67 739

Estimated living cost  is ₽36076 per week

₽23238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
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.
₽9120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122469
₽93243
₽97394
₽115690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
accident
-
-
-
826
income
-
-
-
77 860
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
105 373
Employee
49 252
-
209 263
-
other
49
-
92
-
unemployment
764
-
1 421
-
pensions
2 315
-
4 311
-
income
10 392
-
74 463
-
total
13 520
-
80 287
-
Employer
49 252
-
209 263
-
pensions
11 623
-
21 644
-
accident
975
-
1 816
-
unemployment
2 709
-
5 043
-
other
392
-
734
-
total
15 699
-
29 237
-
Corporate
173 549
238 500
-
-
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.

26 032
35 775
-
-
total
26 032
35 775
-
-
Dividends
147 517
202 725
-
-
withholding
31 826
44 523
-
-
total
31 826
44 523
-
-
Income
238 500
238 500
238 500
238 500
Total tax
87 077
80 298
109 524
105 373
After tax
151 423
158 202
128 976
133 127
Living cost
35 733
35 733
35 733
35 733
Free-cash
115 690
122 469
93 243
97 394

Estimated living cost  is ₽35733 per week

₽26313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79900
₽66466
₽57361
₽66293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
communal
-
-
-
15 074
accident
-
-
-
1 983
income
-
-
-
46 652
surtax
-
-
-
11 876
health
-
-
-
16 527
pensions
-
-
-
35 257
total
-
-
-
127 369
Employee
74 930
-
213 041
-
pensions
5 993
-
17 043
-
surtax
4 593
-
13 055
-
income
7 237
-
53 227
-
health
3 335
-
9 480
-
total
21 158
-
92 805
-
Employer
74 930
-
213 041
-
health
2 285
-
6 499
-
pensions
5 993
-
17 043
-
accident
674
-
1 917
-
total
8 952
-
25 459
-
Corporate
154 618
238 500
-
-
communal
10 436
16 099
-
-
income
23 193
35 775
-
-
surtax
1 624
2 505
-
-
total
35 253
54 379
-
-
Dividends
119 365
184 121
-
-
income
35 169
22 833
-
-
withholding
17 905
27 618
-
-
total
53 074
50 451
-
-
Income
238 500
238 500
238 500
238 500
Total tax
118 437
104 830
118 264
127 369
After tax
120 063
133 670
120 236
111 131
Living cost
53 770
53 770
53 770
53 770
Free-cash
66 293
79 900
66 466
57 361

Estimated living cost  is ₽53770 per week

₽40336
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.
₽9606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127793
₽83740
₽89788
₽124644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
77 226
other
-
-
-
-
surtax
-
-
-
13 251
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
126 488
Employee
33 321
-
210 703
-
other
-
-
-
-
unemployment
2 319
-
9 191
-
pensions
2 223
-
8 808
-
surtax
118
-
12 066
-
income
5 586
-
71 308
-
health
851
-
3 367
-
total
11 097
-
104 740
-
Employer
33 321
-
210 703
-
health
1 515
-
6 008
-
pensions
4 443
-
17 603
-
unemployment
1 057
-
4 185
-
other
-
-
-
-
total
7 015
-
27 796
-
Corporate
198 164
238 500
-
-
income
51 523
62 010
-
-
total
51 523
62 010
-
-
Dividends
146 641
176 490
-
-
withholding
21 997
26 473
-
-
total
21 997
26 473
-
-
Income
238 500
238 500
238 500
238 500
Total tax
91 632
88 483
132 536
126 488
After tax
146 868
150 017
105 964
112 012
Living cost
22 224
22 224
22 224
22 224
Free-cash
124 644
127 793
83 740
89 788

Estimated living cost  is ₽22224 per week

₽13418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98707
₽80197
₽88540
₽96512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
social contributions
-
-
-
49 521
regional
-
-
-
3 837
municipal
-
-
-
1 512
national
-
-
-
68 437
total
-
-
-
123 307
Employee
54 886
-
238 500
-
municipal
291
-
1 389
-
national
8 695
-
61 814
-
regional
739
-
3 523
-
social contributions
18 508
-
64 924
-
total
28 233
-
131 650
-
Employer
54 886
-
238 500
-
total
-
-
-
-
Corporate
183 614
238 500
-
-
municipal
9 125
11 854
-
-
nationa
44 067
57 240
-
-
total
53 192
69 094
-
-
Dividends
130 422
169 406
-
-
withholding
33 910
44 046
-
-
total
33 910
44 046
-
-
Income
238 500
238 500
238 500
238 500
Total tax
115 335
113 140
131 650
123 307
After tax
123 165
125 360
106 850
115 193
Living cost
26 653
26 653
26 653
26 653
Free-cash
96 512
98 707
80 197
88 540

Estimated living cost  is ₽26653 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133910
₽100922
₽111504
₽123102
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
25 639
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
3 484
health
-
-
-
32 198
total
-
-
-
96 699
Employee
44 554
-
191 019
-
solidarity contribution
-
-
2 534
-
social contributions
2 896
-
7 875
-
income
5 346
-
23 603
-
health
6 015
-
25 787
-
total
14 257
-
59 799
-
Employer
44 554
-
191 019
-
health
4 010
-
17 192
-
social contributions
11 138
-
30 290
-
total
15 148
-
47 482
-
Corporate
178 798
238 500
-
-
income
33 972
45 315
-
-
total
33 972
45 315
-
-
Dividends
144 826
193 185
-
-
withholding
21 724
28 978
-
-
total
21 724
28 978
-
-
Income
238 500
238 500
238 500
238 500
Total tax
85 101
74 293
107 281
96 699
After tax
153 399
164 207
131 219
141 801
Living cost
30 297
30 297
30 297
30 297
Free-cash
123 102
133 910
100 922
111 504

Estimated living cost  is ₽30297 per week

₽22530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
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.
₽5564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99888
₽30656
₽90549
₽99401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
79 134
surtax
-
-
-
-
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
954
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
116 384
Employee
43 251
39 431
199 135
-
other
432
394
1 157
-
unemployment
1 297
1 183
3 468
-
pensions
4 429
4 037
11 837
-
income
3 853
2 908
67 132
-
health
1 673
1 527
4 473
-
total
11 684
10 049
88 067
-
Employer
43 251
39 431
199 135
-
chamber of commerce
173
158
796
-
health
1 635
1 491
4 369
-
pensions
5 428
4 949
14 507
-
accident
561
513
1 502
-
unemployment
1 297
1 183
3 468
-
surtax
-
-
-
-
payroll
1 297
1 183
5 975
-
other
2 054
1 872
8 748
-
total
12 445
11 349
39 365
-
Corporate
182 802
187 721
195 380
-
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.

45 700
46 930
48 845
-
total
45 700
46 930
48 845
-
Dividends
137 101
140 791
-
-
withholding
37 703
38 717
-
-
total
37 703
38 717
-
-
Income
238 500
238 500
238 500
238 500
Total tax
107 532
107 045
176 277
116 384
After tax
130 968
131 455
62 223
122 116
Living cost
31 567
31 567
31 567
31 567
Free-cash
99 401
99 888
30 656
90 549

Estimated living cost  is ₽31567 per week

₽18936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽213952
₽178177
₽223492
₽211585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
238 500
microenterprise

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

-
-
-
2 385
total
-
-
-
2 385
Employee
15 779
-
238 500
-
income
3 156
-
47 700
-
total
3 156
-
47 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

222 721
238 500
-
-
total
-
-
-
-
Dividends
222 721
238 500
-
-
withholding
11 136
11 925
-
-
total
11 136
11 925
-
-
Income
238 500
238 500
238 500
238 500
Total tax
14 292
11 925
47 700
2 385
After tax
224 208
226 575
190 800
236 115
Living cost
12 623
12 623
12 623
12 623
Free-cash
211 585
213 952
178 177
223 492

Estimated living cost  is ₽12623 per week

₽8542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137668
₽77331
₽82508
₽129393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 500
income
-
-
-
62 069
unemployment
-
-
-
359
health
-
-
-
23 469
pensions
-
-
-
43 556
total
-
-
-
129 453
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.

43 753
-
206 368
-
unemployment
62
-
289
-
pensions
6 782
-
31 988
-
income
7 545
-
56 890
-
health
2 826
-
13 331
-
total
17 215
-
102 498
-
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.

43 753
-
206 368
-
health
2 914
-
13 744
-
pensions
3 872
-
18 264
-
unemployment
26
-
124
-
total
6 812
-
32 132
-
Corporate
187 934
238 500
-
-
income
35 707
45 315
-
-
total
35 707
45 315
-
-
Dividends
152 227
193 185
-
-
withholding
22 834
28 978
-
-
total
22 834
28 978
-
-
Income
238 500
238 500
238 500
238 500
Total tax
82 568
74 293
134 630
129 453
After tax
155 932
164 207
103 870
109 047
Living cost
26 539
26 539
26 539
26 539
Free-cash
129 393
137 668
77 331
82 508

Estimated living cost  is ₽26539 per week

₽18213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101676
₽181832
₽121396
₽53803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
46 488
social contributions
-
-
-
27 189
total
-
-
-
73 677
Employee
62 268
-
-
-
social contributions
5 106
-
728
-
income
13 735
-
-
-
total
18 841
-
728
-
Employer
62 268
-
-
-
social contributions
87 798
-
12 513
-
total
87 798
-
12 513
-
Corporate
88 435
238 500
-
-
income
19 456
52 470
-
-
total
19 456
52 470
-
-
Dividends
68 979
186 030
-
-
income
15 175
40 927
-
-
total
15 175
40 927
-
-
Income
238 500
238 500
238 500
238 500
Total tax
141 270
93 397
13 241
73 677
After tax
97 230
145 103
225 259
164 823
Living cost
43 427
43 427
43 427
43 427
Free-cash
53 803
101 676
181 832
121 396

Estimated living cost  is ₽43427 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104623
₽73352
₽92571
₽103625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 500
income
-
-
-
32 013
surtax
-
-
-
-
social contributions

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

-
-
-
82 880
total
-
-
-
114 893
Employee
45 507
-
192 727
-
surtax
-
-
533
-
social contributions
5 006
-
21 201
-
income
9 466
-
66 605
-
total
14 472
-
88 339
-
Employer
45 507
-
192 727
-
social contributions
10 808
-
45 773
-
total
10 808
-
45 773
-
Corporate
182 186
238 500
-
-
income
38 259
50 085
-
-
surtax
-
-
-
-
total
38 259
50 085
-
-
Dividends
143 926
188 415
-
-
withholding
40 300
52 756
-
-
total
40 300
52 756
-
-
Income
238 500
238 500
238 500
238 500
Total tax
103 839
102 841
134 112
114 893
After tax
134 661
135 659
104 388
123 607
Living cost
31 036
31 036
31 036
31 036
Free-cash
103 625
104 623
73 352
92 571

Estimated living cost  is ₽31036 per week

₽23221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72414
₽73344
₽81343
₽79217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
46 683
other
-
-
-
7 394
surtax
-
-
-
-
social contributions
-
-
-
6 795
health
-
-
-
12 090
pensions
-
-
-
36 406
total
-
-
-
109 368
Employee
61 971
-
181 224
-
pensions
7 009
-
13 996
-
surtax
-
-
-
-
social contributions
1 765
-
5 164
-
income
5 407
-
40 930
-
total
14 181
-
60 090
-
Employer
61 971
-
181 224
-
health
4 337
-
18 417
-
pensions
10 183
-
23 312
-
unemployment
2 510
-
7 340
-
social contributions
186
-
545
-
other
2 139
-
7 663
-
total
19 355
-
57 277
-
Corporate
157 174
238 500
-
-
income
44 008
66 781
-
-
surtax
-
-
-
-
total
44 008
66 781
-
-
Dividends
113 166
171 719
-
-
surtax
-
-
-
-
social contributions
19 464
29 536
-
-
withholding
14 486
21 980
-
-
total
33 950
51 516
-
-
Income
238 500
238 500
238 500
238 500
Total tax
111 494
118 297
117 367
109 368
After tax
127 006
120 203
121 133
129 132
Living cost
47 789
47 789
47 789
47 789
Free-cash
79 217
72 414
73 344
81 343

Estimated living cost  is ₽47789 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽184908
₽150032
₽143694
₽181585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
12 595
social contributions
-
-
-
52 469
total
-
-
-
65 064
Employee
31 810
-
206 494
-
income
-
-
13 299
-
social contributions
2 067
-
13 421
-
total
2 067
-
26 720
-
Employer
31 810
-
206 494
-
social contributions
4 931
-
32 006
-
total
4 931
-
32 006
-
Corporate
201 760
238 500
-
-
income
20 175
23 850
-
-
total
20 175
23 850
-
-
Dividends
181 584
214 650
-
-
total
-
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
27 173
23 850
58 726
65 064
After tax
211 327
214 650
179 774
173 436
Living cost
29 742
29 742
29 742
29 742
Free-cash
181 585
184 908
150 032
143 694

Estimated living cost  is ₽29742 per week

₽19231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
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.
₽7710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23031
₽23031
₽89320
₽12457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
labour market
-
-
-
19 011
municipal
-
-
-
51 590
national
-
-
-
30 094
pensions
-
-
-
857
total
-
-
-
101 552
Employee
201 026
201 026
201 026
-
municipal
42 807
42 807
42 807
-
labour market
16 059
16 059
16 059
-
pensions
286
286
286
-
national
24 559
24 559
24 559
-
total
83 711
83 711
83 711
-
Employer
201 026
201 026
201 026
-
national
24 602
24 602
24 602
-
labour market
16 082
16 082
16 082
-
pensions
571
571
571
-
municipal
42 875
42 875
42 875
-
total
84 130
84 130
84 130
-
Corporate
23 030
-
-
-
income
5 067
-
-
-
total
5 067
-
-
-
Dividends
17 964
-
-
-
withholding
5 507
-
-
-
total
5 507
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
178 415
167 841
167 841
101 552
After tax
60 085
70 659
70 659
136 948
Living cost
47 628
47 628
47 628
47 628
Free-cash
12 457
23 031
23 031
89 320

Estimated living cost  is ₽47628 per week

₽32597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2418
₽109985
₽141079
₽15985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
accident
-
-
-
253
income
-
-
-
68 699
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
75 684
Employee
34 194
-
218 451
-
pensions
3 850
-
7 651
-
income
4 691
-
54 066
-
health
3 915
-
25 013
-
total
12 456
-
86 730
-
Employer
34 194
-
218 451
-
pensions
5 560
-
11 048
-
accident
571
-
3 648
-
unemployment
838
-
5 352
-
total
6 969
-
20 048
-
Corporate
197 338
238 500
-
-
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.

177 604
214 650
-
-
total
177 604
214 650
-
-
Dividends
19 734
23 850
-
-
withholding
3 749
4 531
-
-
total
3 749
4 531
-
-
Income
238 500
238 500
238 500
238 500
Total tax
200 778
219 181
106 778
75 684
After tax
37 722
19 319
131 722
162 816
Living cost
21 737
21 737
21 737
21 737
Free-cash
15 985
-2 418
109 985
141 079

Estimated living cost  is ₽21737 per week

₽15822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107452
₽79195
₽106513
₽110528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
238 500
health
-
-
-
3 260
municipal
-
-
-
42 343
national
-
-
-
48 397
total
-
-
-
94 000
Employee
52 057
-
200 637
-
municipal
8 526
-
32 652
-
unemployment
781
-
3 010
-
pensions
3 513
-
13 544
-
national
860
-
31 573
-
health
389
-
2 678
-
total
14 069
-
83 457
-
Employer
52 057
-
200 637
-
health
400
-
1 545
-
pensions
9 032
-
34 810
-
accident
53
-
201
-
unemployment
338
-
1 305
-
total
9 823
-
37 861
-
Corporate
176 621
238 500
-
-
income
35 324
47 700
-
-
total
35 324
47 700
-
-
Dividends

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

105 973
143 100
-
-
municipal
19 075
25 758
-
-
national
11 694
19 603
-
-
total
30 769
45 361
-
-
Income
238 500
238 500
238 500
238 500
Total tax
89 985
93 061
121 318
94 000
After tax
148 515
145 439
117 182
144 500
Living cost
37 987
37 987
37 987
37 987
Free-cash
110 528
107 452
79 195
106 513

Estimated living cost  is ₽37987 per week

₽24813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150870
₽134967
₽136892
₽145486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
56 609
social contributions
-
-
-
16 009
health
-
-
-
6 082
total
-
-
-
78 700
Employee
76 083
76 083
225 805
-
social contributions
2 877
6 315
8 517
-
income
8 284
7 043
55 575
-
health
590
1 294
3 838
-
total
11 751
14 652
67 930
-
Employer
76 083
76 083
225 805
-
health
640
1 408
4 178
-
social contributions
2 877
6 315
8 517
-
total
3 517
7 723
12 695
-
Corporate
200 324
154 694
-
-
income
25 040
19 336
-
-
total
25 040
19 336
-
-
Dividends
175 284
135 358
-
-
withholding
29 798
23 011
-
-
total
29 798
23 011
-
-
Income
238 500
238 500
238 500
238 500
Total tax
70 106
64 722
80 625
78 700
After tax
168 394
173 778
157 875
159 800
Living cost
22 908
22 908
22 908
22 908
Free-cash
145 486
150 870
134 967
136 892

Estimated living cost  is ₽22908 per week

₽13729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽181793
₽168248
₽188092
₽176760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
238 500
income
-
-
-
24 796
unemployment
-
-
-
28
health
-
-
-
3 581
pensions
-
-
-
6 294
total
-
-
-
34 699
Employee

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

22 711
-
228 830
-
unemployment
113
-
469
-
pensions
3 406
-
14 082
-
income
1 553
-
22 342
-
health
1 930
-
7 980
-
total
7 002
-
44 873
-
Employer

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

22 711
-
228 830
-
health
976
-
4 037
-
pensions
1 249
-
5 164
-
unemployment
113
-
469
-
total
2 338
-
9 670
-
Corporate
213 451
238 500
-
-
income
19 210
21 465
-
-
total
19 210
21 465
-
-
Dividends
194 241
217 035
-
-
withholding
17 481
19 533
-
-
total
17 481
19 533
-
-
Income
238 500
238 500
238 500
238 500
Total tax
46 031
40 998
54 543
34 699
After tax
192 469
197 502
183 957
203 801
Living cost
15 709
15 709
15 709
15 709
Free-cash
176 760
181 793
168 248
188 092

Estimated living cost  is ₽15709 per week

₽10023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130993
₽101767
₽105918
₽126622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
accident
-
-
-
826
income
-
-
-
77 860
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
105 373
Employee
36 586
-
209 263
-
other
36
-
92
-
unemployment
567
-
1 421
-
pensions
1 720
-
4 311
-
income
7 053
-
74 463
-
total
9 376
-
80 287
-
Employer
36 586
-
209 263
-
pensions
8 633
-
21 644
-
accident
725
-
1 816
-
unemployment
2 013
-
5 043
-
other
293
-
734
-
total
11 664
-
29 237
-
Corporate
190 250
238 500
-
-
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.

28 538
35 775
-
-
total
28 538
35 775
-
-
Dividends
161 712
202 725
-
-
withholding
35 091
44 523
-
-
total
35 091
44 523
-
-
Income
238 500
238 500
238 500
238 500
Total tax
84 669
80 298
109 524
105 373
After tax
153 831
158 202
128 976
133 127
Living cost
27 209
27 209
27 209
27 209
Free-cash
126 622
130 993
101 767
105 918

Estimated living cost  is ₽27209 per week

₽18365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146889
₽151816
₽151954
₽146572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
82 177
health
-
-
-
1 023
pensions
-
-
-
1 411
total
-
-
-
84 611
Employee
2 947
-
236 912
-
unemployment
29
-
71
-
pensions
265
-
635
-
income
570
-
82 103
-
health
147
-
353
-
total
1 011
-
83 162
-
Employer
2 947
-
236 912
-
health
280
-
670
-
pensions
324
-
776
-
unemployment
59
-
141
-
total
663
-
1 587
-
Corporate
234 890
238 500
-
-
income
51 676
52 470
-
-
total
51 676
52 470
-
-
Dividends
183 214
186 030
-
-
withholding
36 643
37 206
-
-
total
36 643
37 206
-
-
Income
238 500
238 500
238 500
238 500
Total tax
89 993
89 676
84 749
84 611
After tax
148 507
148 824
153 751
153 889
Living cost
1 935
1 935
1 935
1 935
Free-cash
146 572
146 889
151 816
151 954

Estimated living cost  is ₽1935 per week

₽1150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155206
₽138259
₽138259
₽150338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 500
income
-
-
-
55 492
unemployment
-
-
-
1 097
health
-
-
-
7 531
pensions
-
-
-
19 011
total
-
-
-
83 131
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.

25 801
-
225 412
-
unemployment
194
-
548
-
pensions
3 612
-
10 237
-
income
3 556
-
55 492
-
health
1 329
-
3 766
-
total
8 691
-
70 043
-
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.

25 801
-
225 412
-
health
1 329
-
3 766
-
pensions
3 096
-
8 774
-
unemployment
194
-
548
-
total
4 619
-
13 088
-
Corporate
208 080
238 500
-
-
income
31 212
35 775
-
-
total
31 212
35 775
-
-
Dividends
176 868
202 725
-
-
withholding
26 530
30 409
-
-
total
26 530
30 409
-
-
Income
238 500
238 500
238 500
238 500
Total tax
71 052
66 184
83 131
83 131
After tax
167 448
172 316
155 369
155 369
Living cost
17 110
17 110
17 110
17 110
Free-cash
150 338
155 206
138 259
138 259

Estimated living cost  is ₽17110 per week

₽11520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
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.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽108984
₽77713
₽96932
₽108626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 500
income
-
-
-
32 013
surtax
-
-
-
-
social contributions

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

-
-
-
82 880
total
-
-
-
114 893
Employee
38 403
-
192 727
-
surtax
-
-
533
-
social contributions
4 225
-
21 201
-
income
7 504
-
66 605
-
total
11 729
-
88 339
-
Employer
38 403
-
192 727
-
social contributions
9 120
-
45 773
-
total
9 120
-
45 773
-
Corporate
190 978
238 500
-
-
income
40 105
50 085
-
-
surtax
-
-
-
-
total
40 105
50 085
-
-
Dividends
150 873
188 415
-
-
withholding
42 245
52 756
-
-
total
42 245
52 756
-
-
Income
238 500
238 500
238 500
238 500
Total tax
103 199
102 841
134 112
114 893
After tax
135 301
135 659
104 388
123 607
Living cost
26 675
26 675
26 675
26 675
Free-cash
108 626
108 984
77 713
96 932

Estimated living cost  is ₽26675 per week

₽18893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123429
₽94203
₽98354
₽116953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
accident
-
-
-
826
income
-
-
-
77 860
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
105 373
Employee
47 786
-
209 263
-
other
47
-
92
-
unemployment
740
-
1 421
-
pensions
2 246
-
4 311
-
income
9 981
-
74 463
-
total
13 014
-
80 287
-
Employer
47 786
-
209 263
-
pensions
11 277
-
21 644
-
accident
946
-
1 816
-
unemployment
2 629
-
5 043
-
other
383
-
734
-
total
15 235
-
29 237
-
Corporate
175 479
238 500
-
-
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.

26 321
35 775
-
-
total
26 321
35 775
-
-
Dividends
149 158
202 725
-
-
withholding
32 204
44 523
-
-
total
32 204
44 523
-
-
Income
238 500
238 500
238 500
238 500
Total tax
86 774
80 298
109 524
105 373
After tax
151 726
158 202
128 976
133 127
Living cost
34 773
34 773
34 773
34 773
Free-cash
116 953
123 429
94 203
98 354

Estimated living cost  is ₽34773 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽186895
₽186519
₽176473
₽180864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
35 775
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
45 004
Employee
22 540
-
231 719
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
pensions

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

1 979
-
3 035
-
income
2 254
-
23 172
-
health
1 037
-
1 590
-
total
5 518
-
28 177
-
Employer
22 540
-
231 719
-
health
1 555
-
2 385
-
pensions

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

2 484
-
3 809
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
unemployment
135
-
207
-
total
4 422
-
6 781
-
Corporate
211 537
238 500
-
-
income
21 154
23 850
-
-
total
21 154
23 850
-
-
Dividends
190 383
214 650
-
-
withholding
9 519
10 732
-
-
total
9 519
10 732
-
-
Income
238 500
238 500
238 500
238 500
Total tax
40 613
34 582
34 958
45 004
After tax
197 887
203 918
203 542
193 496
Living cost
17 023
17 023
17 023
17 023
Free-cash
180 864
186 895
186 519
176 473

Estimated living cost  is ₽17023 per week

₽11259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84439
₽108250
₽80626
₽97381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 500
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.

-
-
-
80 844
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.

-
-
-
4 446
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.

-
-
-
6 760
trade
-
-
-
27 624
total
-
-
-
119 674
Employee

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

49 231
-
238 500
-
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.

223
-
4 446
-
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.

4 048
-
80 844
-
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.

6 760
-
6 760
-
total
11 031
-
92 050
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 269
238 500
-
-
income
28 390
35 775
-
-
surtax

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

1 562
1 968
-
-
chamber of commerce
428
499
-
-
trade
27 160
34 224
-
-
total
57 540
72 466
-
-
Dividends
131 728
166 034
-
-
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.

1 791
2 263
-
-
withholding
32 557
41 132
-
-
total
34 348
43 395
-
-
Income
238 500
238 500
238 500
238 500
Total tax
102 919
115 861
92 050
119 674
After tax
135 581
122 639
146 450
118 826
Living cost
38 200
38 200
38 200
38 200
Free-cash
97 381
84 439
108 250
80 626

Estimated living cost  is ₽38200 per week

₽26351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110587
₽61813
₽61813
₽112772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
79 045
social contributions
-
-
-
41 279
total
-
-
-
120 324
Employee
77 397
-
238 500
-
income
14 604
-
79 045
-
social contributions
6 430
-
41 279
-
total
21 034
-
120 324
-
Employer
77 397
-
238 500
-
total
-
-
-
-
Corporate
161 103
238 500
-
-
income
20 138
29 813
-
-
total
20 138
29 813
-
-
Dividends
140 966
208 687
-
-
withholding
28 193
41 737
-
-
total
28 193
41 737
-
-
Income
238 500
238 500
238 500
238 500
Total tax
69 365
71 550
120 324
120 324
After tax
169 135
166 950
118 176
118 176
Living cost
56 363
56 363
56 363
56 363
Free-cash
112 772
110 587
61 813
61 813

Estimated living cost  is ₽56363 per week

₽42880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113881
₽129744
₽160803
₽117337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 500
income
-
-
-
35 775
health

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

-
-
-
6 005
total
-
-
-
41 780
Employee
45 390
-
233 949
-
income
4 925
-
63 737
-
social contributions
4 548
-
4 551
-
total
9 473
-
68 288
-
Employer
45 390
-
233 949
-
social contributions
4 548
-
4 551
-
total
4 548
-
4 551
-
Corporate
188 563
238 500
-
-
income
65 998
83 475
-
-
total
65 998
83 475
-
-
Dividends
122 565
155 025
-
-
social contributions
5 227
5 227
-
-
total
5 227
5 227
-
-
Income
238 500
238 500
238 500
238 500
Total tax
85 246
88 702
72 839
41 780
After tax
153 254
149 798
165 661
196 720
Living cost
35 917
35 917
35 917
35 917
Free-cash
117 337
113 881
129 744
160 803

Estimated living cost  is ₽35917 per week

₽23658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112508
₽95436
₽116664
₽118345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
75 050
pensions
-
-
-
10 166
total
-
-
-
85 216
Employee
50 266
-
207 743
-
pensions
3 837
-
12 031
-
income
9 154
-
60 896
-
health
656
-
2 760
-
total
13 647
-
75 687
-
Employer
50 266
-
207 743
-
health
955
-
3 947
-
pensions
5 078
-
26 810
-
total
6 033
-
30 757
-
Corporate
182 200
238 500
-
-
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.

34 618
45 315
-
-
total
34 618
45 315
-
-
Dividends
147 582
193 185
-
-
withholding
29 237
44 057
-
-
total
29 237
44 057
-
-
Income
238 500
238 500
238 500
238 500
Total tax
83 535
89 372
106 444
85 216
After tax
154 965
149 128
132 056
153 284
Living cost
36 620
36 620
36 620
36 620
Free-cash
118 345
112 508
95 436
116 664

Estimated living cost  is ₽36620 per week

₽25121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4570
₽107833
₽138927
₽15654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
accident
-
-
-
253
income
-
-
-
68 699
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
75 684
Employee
37 578
-
218 451
-
pensions
4 231
-
7 651
-
income
5 155
-
54 066
-
health
4 303
-
25 013
-
total
13 689
-
86 730
-
Employer
37 578
-
218 451
-
pensions
6 110
-
11 048
-
accident
628
-
3 648
-
unemployment
921
-
5 352
-
total
7 659
-
20 048
-
Corporate
193 264
238 500
-
-
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.

173 937
214 650
-
-
total
173 937
214 650
-
-
Dividends
19 327
23 850
-
-
withholding
3 672
4 531
-
-
total
3 672
4 531
-
-
Income
238 500
238 500
238 500
238 500
Total tax
198 957
219 181
106 778
75 684
After tax
39 543
19 319
131 722
162 816
Living cost
23 889
23 889
23 889
23 889
Free-cash
15 654
-4 570
107 833
138 927

Estimated living cost  is ₽23889 per week

₽17532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽4484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169084
₽163073
₽141311
₽166088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 500
income
-
-
-
40 293
unemployment
-
-
-
1 899
work injury
-
-
-
791
health insurance
-
-
-
11 713
pensions
-
-
-
29 124
total
-
-
-
83 820
Employee

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

21 391
-
238 500
-
health insurance
1 583
-
5 857
-
unemployment
257
-
950
-
work injury
107
-
396
-
pensions
3 936
-
14 562
-
income
2 139
-
40 293
-
total
8 022
-
62 058
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
217 109
238 500
-
-
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%.

21 711
23 850
-
-
total
21 711
23 850
-
-
Dividends
195 399
214 650
-
-
withholding
29 310
32 197
-
-
total
29 310
32 197
-
-
Income
238 500
238 500
238 500
238 500
Total tax
59 043
56 047
62 058
83 820
After tax
179 457
182 453
176 442
154 680
Living cost
13 369
13 369
13 369
13 369
Free-cash
166 088
169 084
163 073
141 311

Estimated living cost  is ₽13369 per week

₽8282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86210
₽65333
₽73462
₽81708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
social contributions
-
-
-
49 521
regional
-
-
-
5 962
municipal
-
-
-
1 701
national
-
-
-
68 437
total
-
-
-
125 621
Employee
83 377
-
238 500
-
municipal
498
-
1 562
-
national
14 090
-
61 814
-
regional
1 259
-
5 450
-
social contributions
28 114
-
64 924
-
total
43 961
-
133 750
-
Employer
83 377
-
238 500
-
total
-
-
-
-
Corporate
155 123
238 500
-
-
municipal
7 477
11 495
-
-
nationa
37 230
57 240
-
-
total
44 707
68 735
-
-
Dividends
110 416
169 765
-
-
withholding
28 707
44 138
-
-
total
28 707
44 138
-
-
Income
238 500
238 500
238 500
238 500
Total tax
117 375
112 873
133 750
125 621
After tax
121 125
125 627
104 750
112 879
Living cost
39 417
39 417
39 417
39 417
Free-cash
81 708
86 210
65 333
73 462

Estimated living cost  is ₽39417 per week

₽27688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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