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
₽116898
₽90974
₽86394
₽101639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
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.

-
-
-
81 336
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.

-
-
-
4 474
trade
-
-
-
30 504
total
-
-
-
122 901
Employee

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

36 879
-
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.

57
-
4 474
-
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.

1 030
-
81 336
-
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.

6 587
-
6 587
-
total
7 674
-
92 397
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
201 621
238 500
-
-
chamber of commerce
435
489
-
-
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.

1 663
1 967
-
-
trade
31 755
37 563
-
-
income
30 244
35 775
-
-
total
64 097
75 794
-
-
Dividends
137 523
162 706
-
-
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.

1 870
2 218
-
-
withholding
34 015
40 309
-
-
total
35 885
42 527
-
-
Income
238 500
238 500
238 500
238 500
Total tax
107 656
118 321
92 397
122 901
After tax
130 844
120 179
146 103
115 599
Living cost
29 205
29 205
29 205
29 205
Free-cash
101 639
90 974
116 898
86 394

Estimated living cost  is ₽29205 per week

₽18371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85317
₽97904
₽84035
₽97057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
28 620
national
-
-
-
45 797
municipal
-
-
-
26 564
total
-
-
-
103 545
Employee
78 935
-
206 181
-
municipal
9 750
-
27 487
-
national
15 108
-
47 819
-
pensions
3 157
-
8 247
-
total
28 015
-
83 553
-
Employer
78 935
-
206 181
-
pensions
6 315
-
16 494
-
social contributions
849
-
2 216
-
total
7 164
-
18 710
-
Corporate
147 192
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%.

29 438
47 700
-
-
total
29 438
47 700
-
-
Dividends
117 754
190 800
-
-
withholding
25 906
41 976
-
-
total
25 906
41 976
-
-
Income
238 500
238 500
238 500
238 500
Total tax
90 523
89 676
102 263
103 545
After tax
147 977
148 824
136 237
134 955
Living cost
50 920
50 920
50 920
50 920
Free-cash
97 057
97 904
85 317
84 035

Estimated living cost  is ₽50920 per week

₽34610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽762
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84770
₽170741
₽68142
₽162831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 943
income
-
-
-
52 539
surtax
-
-
-
60 817
microenterprise
-
-
-
-
total
-
-
-
150 299
Employee
28 174
-
189 926
-
surtax
-
-
27 540
-
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.

3 100
-
12 640
-
income
5 015
-
44 917
-
total
8 115
-
85 097
-
Employer
28 174
-
189 926
-
surtax
-
-
20 892
-
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.

6 787
-
27 682
-
total
6 787
-
48 574
-
Corporate
203 539
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%.

40 708
47 700
-
-
total
40 708
47 700
-
-
Dividends

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

162 831
190 800
-
-
total
-
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
55 610
47 700
133 671
150 299
After tax
182 890
190 800
104 829
88 201
Living cost
20 059
20 059
20 059
20 059
Free-cash
162 831
170 741
84 770
68 142

Estimated living cost  is ₽20059 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
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.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112101
₽78712
₽86502
₽72805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 890
income
-
-
-
88 419
pensions
-
-
-
11 297
total
-
-
-
111 606
Employee
82 339
82 339
220 581
-
income

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

13 478
13 478
44 902
-
pensions
14 821
11 297
11 297
-
health
12 638
10 750
11 890
-
total
40 937
35 525
68 089
-
Employer
82 339
82 339
220 581
-
unemployment
2 964
2 964
3 683
-
health
5 723
5 723
7 112
-
pensions
5 731
5 731
7 123
-
total
14 418
14 418
17 918
-
Corporate
142 753
141 743
-
-
income
28 550
28 348
-
-
total
28 550
28 348
-
-
Dividends
114 203
113 394
-
-
income
24 268
24 096
-
-
withholding
17 130
17 009
-
-
total
41 398
41 105
-
-
Income
238 500
238 500
238 500
238 500
Total tax
125 303
119 396
86 007
111 606
After tax
113 197
119 104
152 493
126 894
Living cost
40 392
40 392
40 392
40 392
Free-cash
72 805
78 712
112 101
86 502

Estimated living cost  is ₽40392 per week

₽28625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77625
₽90150
₽78596
₽89250
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 205
health
-
-
-
5 480
accident
-
-
-
176
pensions
-
-
-
9 494
national
-
-
-
30 856
unemployment
-
-
-
88
municipal
-
-
-
63 534
total
-
-
-
119 833
Employee
57 098
-
210 906
-
municipal
17 027
-
62 892
-
national
-
-
30 318
-
total
17 027
-
93 210
-
Employer
57 098
-
210 906
-
other
6 635
-
10 205
-
unemployment
1 507
-
2 318
-
health
3 512
-
5 401
-
accident
114
-
176
-
pensions
6 172
-
9 494
-
total
17 940
-
27 594
-
Corporate
163 462
238 500
-
-
income
35 962
52 470
-
-
total
35 962
52 470
-
-
Dividends
127 500
186 030
-
-
withholding
38 250
55 809
-
-
total
38 250
55 809
-
-
Income
238 500
238 500
238 500
238 500
Total tax
109 179
108 279
120 804
119 833
After tax
129 321
130 221
117 696
118 667
Living cost
40 071
40 071
40 071
40 071
Free-cash
89 250
90 150
77 625
78 596

Estimated living cost  is ₽40071 per week

₽26558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108225
₽81073
₽76365
₽94621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
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.

-
-
-
81 336
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.

-
-
-
4 474
trade
-
-
-
31 860
total
-
-
-
124 257
Employee

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

48 897
-
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.

231
-
4 474
-
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.

4 201
-
81 336
-
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.

6 587
-
6 587
-
total
11 019
-
92 397
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 603
238 500
-
-
chamber of commerce
415
485
-
-
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.

1 564
1 967
-
-
trade
31 190
39 234
-
-
income
28 440
35 775
-
-
total
61 609
77 461
-
-
Dividends
127 994
161 039
-
-
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.

1 740
2 194
-
-
withholding
31 633
39 894
-
-
total
33 373
42 088
-
-
Income
238 500
238 500
238 500
238 500
Total tax
106 001
119 549
92 397
124 257
After tax
132 499
118 951
146 103
114 243
Living cost
37 878
37 878
37 878
37 878
Free-cash
94 621
81 073
108 225
76 365

Estimated living cost  is ₽37878 per week

₽25333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3994
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.
₽7985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126391
₽142491
₽128304
₽138491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 600
health
-
-
-
6 082
income
-
-
-
57 240
total
-
-
-
78 922
Employee
74 142
74 142
226 019
-
social contributions
3 603
6 153
8 300
-
income
7 786
6 863
56 212
-
health
737
1 261
3 842
-
total
12 126
14 277
68 354
-
Employer
74 142
74 142
226 019
-
health
803
1 372
4 181
-
social contributions
3 603
6 153
8 300
-
total
4 406
7 525
12 481
-
Corporate
190 694
156 832
-
-
income
23 836
19 604
-
-
total
23 836
19 604
-
-
Dividends
166 858
137 228
-
-
withholding
28 367
23 329
-
-
total
28 367
23 329
-
-
Income
238 500
238 500
238 500
238 500
Total tax
68 735
64 735
80 835
78 922
After tax
169 765
173 765
157 665
159 578
Living cost
31 274
31 274
31 274
31 274
Free-cash
138 491
142 491
126 391
128 304

Estimated living cost  is ₽31274 per week

₽21379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2443
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120468
₽116046
₽147428
₽116417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
16 695
income
-
-
-
29 157
pensions
-
-
-
23 850
unemployment
-
-
-
3 578
total
-
-
-
73 280
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.

25 684
10 222
199 582
-
income
3 140
1 250
24 399
-
pensions
2 568
1 022
19 958
-
health
1 798
716
13 971
-
unemployment
385
153
2 994
-
total
7 891
3 141
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.

25 684
10 222
199 582
-
pensions
5 008
1 993
38 918
-
total
5 008
1 993
38 918
-
Corporate
207 808
226 285
-
-
income
18 703
20 366
-
-
total
18 703
20 366
-
-
Dividends
189 105
205 919
-
-
social contributions
36 759
40 037
-
-
withholding
35 930
39 125
-
-
total
72 689
79 162
-
-
Income
238 500
238 500
238 500
238 500
Total tax
104 291
104 662
100 240
73 280
After tax
134 209
133 838
138 260
165 220
Living cost
17 792
17 792
17 792
17 792
Free-cash
116 417
116 046
120 468
147 428

Estimated living cost  is ₽17792 per week

₽12142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽356
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114180
₽167511
₽104548
₽161521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
31 005
income
-
-
-
31 958
pensions
-
-
-
47 700
total
-
-
-
110 663
Employee
27 353
-
178 252
-
income
3 079
-
34 366
-
pensions
547
-
3 564
-
unemployment
437
-
2 853
-
total
4 063
-
40 783
-
Employer
27 353
-
178 252
-
unemployment
220
-
1 425
-
health
3 555
-
23 172
-
pensions
5 471
-
35 651
-
total
9 246
-
60 248
-
Corporate
201 901
238 500
-
-
income
40 381
47 700
-
-
total
40 381
47 700
-
-
Dividends
161 521
190 800
-
-
total
-
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
53 690
47 700
101 031
110 663
After tax
184 810
190 800
137 469
127 837
Living cost
23 289
23 289
23 289
23 289
Free-cash
161 521
167 511
114 180
104 548

Estimated living cost  is ₽23289 per week

₽15974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1387
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.
₽5460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110444
-₽2132
₽141350
₽16028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
68 910
pensions
-
-
-
4 057
total
-
-
-
75 700
Employee
33 742
-
218 746
-
income
4 629
-
54 367
-
pensions
3 799
-
7 439
-
health
3 864
-
25 046
-
total
12 292
-
86 852
-
Employer
33 742
-
218 746
-
unemployment
827
-
5 359
-
accident
563
-
3 653
-
pensions
5 487
-
10 742
-
total
6 877
-
19 754
-
Corporate
197 881
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.

178 093
214 650
-
-
total
178 093
214 650
-
-
Dividends
19 788
23 850
-
-
withholding
3 760
4 532
-
-
total
3 760
4 532
-
-
Income
238 500
238 500
238 500
238 500
Total tax
201 022
219 182
106 606
75 700
After tax
37 478
19 318
131 894
162 800
Living cost
21 450
21 450
21 450
21 450
Free-cash
16 028
-2 132
110 444
141 350

Estimated living cost  is ₽21450 per week

₽15721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽182905
₽218680
₽228220
₽217200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 869
-
238 500
-
income
1 974
-
47 700
-
total
1 974
-
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%.

228 631
238 500
-
-
total
-
-
-
-
Dividends
228 631
238 500
-
-
withholding
11 431
11 925
-
-
total
11 431
11 925
-
-
Income
238 500
238 500
238 500
238 500
Total tax
13 405
11 925
47 700
2 385
After tax
225 095
226 575
190 800
236 115
Living cost
7 895
7 895
7 895
7 895
Free-cash
217 200
218 680
182 905
228 220

Estimated living cost  is ₽7895 per week

₽4893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118888
₽149533
₽120807
₽143026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 964
health
-
-
-
6 452
income
-
-
-
43 395
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.

-
-
-
35 190
total
-
-
-
92 001
Employee
35 009
-
201 116
-
income
6 027
-
42 754
-
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.

2 450
-
10 263
-
health
490
-
2 053
-
unemployment
349
-
1 466
-
total
9 316
-
56 536
-
Employer
35 009
-
201 116
-
other
1 751
-
7 330
-
unemployment
349
-
1 466
-
health
490
-
2 053
-
accident
280
-
1 608
-
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.

5 952
-
24 927
-
total
8 822
-
37 384
-
Corporate
194 668
238 500
-
-
income
40 880
50 086
-
-
total
40 880
50 086
-
-
Dividends
153 787
188 414
-
-
withholding
10 764
13 189
-
-
total
10 764
13 189
-
-
Income
238 500
238 500
238 500
238 500
Total tax
69 782
63 275
93 920
92 001
After tax
168 718
175 225
144 580
146 499
Living cost
25 692
25 692
25 692
25 692
Free-cash
143 026
149 533
118 888
120 807

Estimated living cost  is ₽25692 per week

₽18153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5390
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67485
₽84386
₽88689
₽92126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 515
pensions
-
-
-
10 030
total
-
-
-
85 545
Employee
90 927
-
207 702
-
income
16 391
-
61 378
-
health
1 498
-
2 743
-
pensions
8 772
-
11 830
-
total
26 661
-
75 951
-
Employer
90 927
-
207 702
-
health
1 727
-
3 947
-
pensions
10 736
-
26 851
-
total
12 463
-
30 798
-
Corporate
135 110
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.

25 670
45 316
-
-
total
25 670
45 316
-
-
Dividends
109 440
193 184
-
-
withholding
17 314
44 532
-
-
total
17 314
44 532
-
-
Income
238 500
238 500
238 500
238 500
Total tax
82 108
89 848
106 749
85 545
After tax
156 392
148 652
131 751
152 955
Living cost
64 266
64 266
64 266
64 266
Free-cash
92 126
84 386
67 485
88 689

Estimated living cost  is ₽64266 per week

₽48156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽191533
₽191463
₽181410
₽187048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 816
income
-
-
-
35 775
pensions

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

-
-
-
4 911
unemployment
-
-
-
133
total
-
-
-
44 635
Employee
16 492
-
231 990
-
income
1 649
-
23 199
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
pensions

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

1 448
-
2 913
-
health
759
-
1 526
-
total
4 038
-
28 003
-
Employer
16 492
-
231 990
-
unemployment
99
-
199
-
health
1 138
-
2 289
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
pensions

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

1 818
-
3 656
-
total
3 237
-
6 509
-
Corporate
218 772
238 500
-
-
income
21 877
23 850
-
-
total
21 877
23 850
-
-
Dividends
196 895
214 650
-
-
withholding
9 845
10 732
-
-
total
9 845
10 732
-
-
Income
238 500
238 500
238 500
238 500
Total tax
38 997
34 582
34 512
44 635
After tax
199 503
203 918
203 988
193 865
Living cost
12 455
12 455
12 455
12 455
Free-cash
187 048
191 463
191 533
181 410

Estimated living cost  is ₽12455 per week

₽7271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99027
₽65638
₽73428
₽68063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 890
income
-
-
-
88 419
pensions
-
-
-
11 297
total
-
-
-
111 606
Employee
89 394
82 339
220 581
-
income

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

13 478
13 478
44 902
-
pensions
11 297
11 297
11 297
-
health
11 152
10 750
11 890
-
total
35 927
35 525
68 089
-
Employer
89 394
82 339
220 581
-
unemployment
3 219
2 964
3 683
-
health
6 212
5 723
7 112
-
pensions
6 221
5 731
7 123
-
total
15 652
14 418
17 918
-
Corporate
133 455
141 743
-
-
income
26 691
28 348
-
-
total
26 691
28 348
-
-
Dividends
106 764
113 394
-
-
income
22 687
24 096
-
-
withholding
16 014
17 009
-
-
total
38 701
41 105
-
-
Income
238 500
238 500
238 500
238 500
Total tax
116 971
119 396
86 007
111 606
After tax
121 529
119 104
152 493
126 894
Living cost
53 466
53 466
53 466
53 466
Free-cash
68 063
65 638
99 027
73 428

Estimated living cost  is ₽53466 per week

₽39440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107899
₽140380
₽118565
₽131879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 287
health
-
-
-
32 197
income
-
-
-
25 802
solidarity contribution
-
-
-
3 822
total
-
-
-
96 108
Employee
35 040
-
191 876
-
social contributions
2 278
-
7 632
-
solidarity contribution
-
-
2 864
-
income
4 205
-
23 751
-
health
4 730
-
25 903
-
total
11 213
-
60 150
-
Employer
35 040
-
191 876
-
health
3 154
-
17 269
-
social contributions
8 760
-
29 355
-
total
11 914
-
46 624
-
Corporate
191 546
238 500
-
-
income
36 394
45 315
-
-
total
36 394
45 315
-
-
Dividends
155 152
193 185
-
-
withholding
23 273
28 978
-
-
total
23 273
28 978
-
-
Income
238 500
238 500
238 500
238 500
Total tax
82 794
74 293
106 774
96 108
After tax
155 706
164 207
131 726
142 392
Living cost
23 827
23 827
23 827
23 827
Free-cash
131 879
140 380
107 899
118 565

Estimated living cost  is ₽23827 per week

₽16551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67436
₽86563
₽75609
₽81529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 258
national
-
-
-
69 307
regional
-
-
-
3 118
municipal
-
-
-
1 522
total
-
-
-
122 205
Employee
85 692
-
238 500
-
social contributions
28 895
-
63 267
-
municipal
454
-
1 402
-
national
14 848
-
62 852
-
regional
809
-
2 857
-
total
45 006
-
130 378
-
Employer
85 692
-
238 500
-
total
-
-
-
-
Corporate
152 808
238 500
-
-
nationa
36 674
57 240
-
-
municipal
5 960
9 301
-
-
total
42 634
66 541
-
-
Dividends
110 174
171 959
-
-
withholding
28 645
44 710
-
-
total
28 645
44 710
-
-
Income
238 500
238 500
238 500
238 500
Total tax
116 285
111 251
130 378
122 205
After tax
122 215
127 249
108 122
116 295
Living cost
40 686
40 686
40 686
40 686
Free-cash
81 529
86 563
67 436
75 609

Estimated living cost  is ₽40686 per week

₽28361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84781
₽128740
₽90677
₽125740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 136
income
-
-
-
77 993
pensions
-
-
-
25 737
surtax
-
-
-
13 460
unemployment
-
-
-
220
total
-
-
-
126 546
Employee
31 886
-
211 412
-
surtax
104
-
12 307
-
income
5 345
-
72 226
-
other
-
-
-
-
pensions
2 126
-
8 583
-
health
814
-
3 281
-
unemployment
2 219
-
8 957
-
total
10 608
-
105 354
-
Employer
31 886
-
211 412
-
other
-
-
-
-
unemployment
1 010
-
4 079
-
health
1 451
-
5 855
-
pensions
4 251
-
17 154
-
total
6 712
-
27 088
-
Corporate
199 903
238 500
-
-
income
51 974
62 010
-
-
total
51 974
62 010
-
-
Dividends
147 929
176 490
-
-
withholding
22 189
26 473
-
-
total
22 189
26 473
-
-
Income
238 500
238 500
238 500
238 500
Total tax
91 483
88 483
132 442
126 546
After tax
147 017
150 017
106 058
111 954
Living cost
21 277
21 277
21 277
21 277
Free-cash
125 740
128 740
84 781
90 677

Estimated living cost  is ₽21277 per week

₽13010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
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.
₽5813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87846
₽104747
₽109050
₽111096
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 515
pensions
-
-
-
10 030
total
-
-
-
85 545
Employee
60 937
-
207 702
-
income
10 975
-
61 378
-
health
885
-
2 743
-
pensions
5 172
-
11 830
-
total
17 032
-
75 951
-
Employer
60 937
-
207 702
-
health
1 158
-
3 947
-
pensions
6 596
-
26 851
-
total
7 754
-
30 798
-
Corporate
169 809
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.

32 265
45 316
-
-
total
32 265
45 316
-
-
Dividends
137 545
193 184
-
-
withholding
26 448
44 532
-
-
total
26 448
44 532
-
-
Income
238 500
238 500
238 500
238 500
Total tax
83 499
89 848
106 749
85 545
After tax
155 001
148 652
131 751
152 955
Living cost
43 905
43 905
43 905
43 905
Free-cash
111 096
104 747
87 846
109 050

Estimated living cost  is ₽43905 per week

₽32893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽102353
₽31058
₽110581
₽64432
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 770
health
-
-
-
537
pensions
-
-
-
21 943
city
-
-
-
2 514
national
-
-
-
6 558
regional
-
-
-
13 595
total
-
-
-
49 917
Employee
91 283
-
214 894
-
national
432
-
5 445
-
city
980
-
2 328
-
pensions
7 669
-
16 462
-
health
206
-
483
-
regional
2 989
-
12 185
-
unemployment
-
-
-
-
total
12 276
-
36 903
-
Employer
91 283
-
214 894
-
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.

1 825
-
4 297
-
unemployment
-
-
-
-
health
206
-
483
-
pensions
7 669
-
16 462
-
total
9 700
-
21 242
-
Corporate
136 513
238 500
-
-
regional
28 873
50 443
-
-
national
11 604
20 272
-
-
total
40 477
70 715
-
-
Dividends
96 037
167 785
-
-
withholding
33 613
58 725
-
-
total
33 613
58 725
-
-
Income
238 500
238 500
238 500
238 500
Total tax
96 066
129 440
58 145
49 917
After tax
142 434
109 060
180 355
188 583
Living cost
78 002
78 002
78 002
78 002
Free-cash
64 432
31 058
102 353
110 581

Estimated living cost  is ₽78002 per week

₽50724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽958
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽101932
₽73555
₽68718
₽89190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
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.

-
-
-
81 336
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.

-
-
-
4 474
trade
-
-
-
33 214
total
-
-
-
125 611
Employee

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

57 947
-
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.

375
-
4 474
-
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.

6 814
-
81 336
-
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.

6 587
-
6 587
-
total
13 776
-
92 397
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 553
238 500
-
-
chamber of commerce
401
481
-
-
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.

1 489
1 967
-
-
trade
30 965
40 902
-
-
income
27 082
35 775
-
-
total
59 937
79 125
-
-
Dividends
120 616
159 374
-
-
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.

1 638
2 172
-
-
withholding
29 788
39 477
-
-
total
31 426
41 649
-
-
Income
238 500
238 500
238 500
238 500
Total tax
105 139
120 774
92 397
125 611
After tax
133 361
117 726
146 103
112 889
Living cost
44 171
44 171
44 171
44 171
Free-cash
89 190
73 555
101 932
68 718

Estimated living cost  is ₽44171 per week

₽32260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87293
₽87213
₽95652
₽92910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 394
social contributions
-
-
-
6 796
health
-
-
-
12 228
income
-
-
-
47 459
pensions
-
-
-
35 982
surtax
-
-
-
-
total
-
-
-
109 859
Employee
41 266
-
180 976
-
surtax
-
-
-
-
social contributions
1 177
-
5 156
-
income
2 435
-
41 456
-
pensions
4 666
-
14 082
-
total
8 278
-
60 694
-
Employer
41 266
-
180 976
-
other
1 424
-
7 697
-
unemployment
1 671
-
7 330
-
health
2 889
-
18 516
-
pensions
6 779
-
23 438
-
social contributions
124
-
543
-
total
12 887
-
57 524
-
Corporate
184 347
238 500
-
-
surtax
-
-
-
-
income
51 617
66 781
-
-
total
51 617
66 781
-
-
Dividends
132 729
171 719
-
-
social contributions
22 830
29 536
-
-
surtax
-
-
-
-
withholding
16 989
21 981
-
-
total
39 819
51 517
-
-
Income
238 500
238 500
238 500
238 500
Total tax
112 601
118 298
118 218
109 859
After tax
125 899
120 202
120 282
128 641
Living cost
32 989
32 989
32 989
32 989
Free-cash
92 910
87 213
87 293
95 652

Estimated living cost  is ₽32989 per week

₽20801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90562
₽90482
₽98921
₽95843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 394
social contributions
-
-
-
6 796
health
-
-
-
12 228
income
-
-
-
47 459
pensions
-
-
-
35 982
surtax
-
-
-
-
total
-
-
-
109 859
Employee
36 836
-
180 976
-
surtax
-
-
-
-
social contributions
1 050
-
5 156
-
income
1 899
-
41 456
-
pensions
4 166
-
14 082
-
total
7 115
-
60 694
-
Employer
36 836
-
180 976
-
other
1 272
-
7 697
-
unemployment
1 491
-
7 330
-
health
2 578
-
18 516
-
pensions
6 053
-
23 438
-
social contributions
110
-
543
-
total
11 504
-
57 524
-
Corporate
190 160
238 500
-
-
surtax
-
-
-
-
income
53 244
66 781
-
-
total
53 244
66 781
-
-
Dividends
136 916
171 719
-
-
social contributions
23 549
29 536
-
-
surtax
-
-
-
-
withholding
17 525
21 981
-
-
total
41 074
51 517
-
-
Income
238 500
238 500
238 500
238 500
Total tax
112 937
118 298
118 218
109 859
After tax
125 563
120 202
120 282
128 641
Living cost
29 720
29 720
29 720
29 720
Free-cash
95 843
90 482
90 562
98 921

Estimated living cost  is ₽29720 per week

₽17236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125783
₽125061
₽132718
₽125561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 914
health
-
-
-
16 647
income
-
-
-
35 775
total
-
-
-
85 336
Employee
32 692
-
238 500
-
social contributions
4 512
-
32 914
-
income
5 453
-
42 710
-
health
2 282
-
16 647
-
total
12 247
-
92 271
-
Employer
32 692
-
238 500
-
total
-
-
-
-
Corporate
205 808
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%.

10 291
11 925
-
-
total
10 291
11 925
-
-
Dividends
195 517
226 575
-
-
social contributions
26 982
31 267
-
-
withholding
29 327
33 986
-
-
health
13 646
15 815
-
-
total
69 955
81 068
-
-
Income
238 500
238 500
238 500
238 500
Total tax
92 493
92 993
92 271
85 336
After tax
146 007
145 507
146 229
153 164
Living cost
20 446
20 446
20 446
20 446
Free-cash
125 561
125 061
125 783
132 718

Estimated living cost  is ₽20446 per week

₽13683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28034
₽97330
₽87855
₽95837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 616
income
-
-
-
80 158
chamber of commerce
-
-
-
953
pensions
-
-
-
20 839
surtax
-
-
-
190
unemployment
-
-
-
5 914
total
-
-
-
116 670
Employee
48 186
38 425
199 548
-
income
5 486
2 834
68 166
-
other
481
384
1 127
-
pensions
4 935
3 934
11 535
-
health
1 865
1 488
4 358
-
unemployment
1 446
1 153
3 380
-
total
14 213
9 793
88 566
-
Employer
48 186
38 425
199 548
-
other
2 289
1 824
8 739
-
unemployment
1 446
1 153
3 380
-
health
1 821
1 453
4 258
-
surtax
190
190
190
-
accident
626
500
1 464
-
pensions
6 047
4 823
14 137
-
payroll
1 446
1 153
5 987
-
chamber of commerce
192
154
798
-
total
14 057
11 250
38 953
-
Corporate
176 257
188 826
195 889
-
income

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

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

44 064
47 206
48 972
-
total
44 064
47 206
48 972
-
Dividends
132 193
141 620
-
-
withholding
36 354
38 946
-
-
total
36 354
38 946
-
-
Income
238 500
238 500
238 500
238 500
Total tax
108 688
107 195
176 491
116 670
After tax
129 812
131 305
62 009
121 830
Living cost
33 975
33 975
33 975
33 975
Free-cash
95 837
97 330
28 034
87 855

Estimated living cost  is ₽33975 per week

₽22660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44982
₽94519
₽68687
₽83628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 039
communal

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

-
-
-
12 867
national
-
-
-
97 751
total
-
-
-
134 657
Employee

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

68 970
-
184 727
-
national
21 204
-
70 811
-
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.

5 173
-
13 855
-
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.

3 240
-
8 682
-
communal

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

3 597
-
9 635
-
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.

600
-
1 607
-
total
33 814
-
104 590
-
Employer

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

68 970
-
184 727
-
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.

1 006
-
2 697
-
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.

4 241
-
11 359
-
surtax
7 820
-
20 947
-
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.

897
-
2 402
-
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.

6 111
-
16 367
-
total
20 075
-
53 772
-
Corporate
149 454
238 500
-
-
surtax
598
1 054
-
-
income
29 891
52 697
-
-
total
30 489
53 751
-
-
Dividends
118 965
184 749
-
-
withholding

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

35 338
55 074
-
-
total
35 338
55 074
-
-
Income
238 500
238 500
238 500
238 500
Total tax
119 716
108 825
158 362
134 657
After tax
118 784
129 675
80 138
103 843
Living cost
35 156
35 156
35 156
35 156
Free-cash
83 628
94 519
44 982
68 687

Estimated living cost  is ₽35156 per week

₽22645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94209
₽123328
₽98254
₽116720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
805
income
-
-
-
78 613
pensions
-
-
-
25 291
unemployment
-
-
-
626
total
-
-
-
105 425
Employee
47 996
-
210 009
-
income
10 127
-
75 303
-
other
48
-
90
-
pensions
2 256
-
4 201
-
unemployment
745
-
1 385
-
total
13 176
-
80 979
-
Employer
47 996
-
210 009
-
other
382
-
715
-
unemployment
2 640
-
4 915
-
accident
950
-
1 769
-
pensions
11 326
-
21 092
-
total
15 298
-
28 491
-
Corporate
175 206
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.

26 281
35 775
-
-
total
26 281
35 775
-
-
Dividends
148 925
202 725
-
-
withholding
32 204
44 576
-
-
total
32 204
44 576
-
-
Income
238 500
238 500
238 500
238 500
Total tax
86 959
80 351
109 470
105 425
After tax
151 541
158 149
129 030
133 075
Living cost
34 821
34 821
34 821
34 821
Free-cash
116 720
123 328
94 209
98 254

Estimated living cost  is ₽34821 per week

₽25642
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2470
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67304
₽80774
₽59025
₽67510
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
16 076
accident
-
-
-
1 929
income
-
-
-
47 721
pensions
-
-
-
34 297
communal
-
-
-
15 074
surtax
-
-
-
11 979
total
-
-
-
127 076
Employee
73 018
-
213 041
-
surtax
4 476
-
13 055
-
income
7 053
-
53 759
-
pensions
5 841
-
17 044
-
health
3 250
-
9 480
-
total
20 620
-
93 338
-
Employer
73 018
-
213 041
-
health
2 227
-
6 497
-
accident
657
-
1 918
-
pensions
5 841
-
17 044
-
total
8 725
-
25 459
-
Corporate
156 758
238 500
-
-
surtax
1 647
2 505
-
-
income
23 514
35 775
-
-
communal
10 581
16 098
-
-
total
35 742
54 378
-
-
Dividends
121 015
184 122
-
-
income
35 351
23 331
-
-
withholding
18 153
27 618
-
-
total
53 504
50 949
-
-
Income
238 500
238 500
238 500
238 500
Total tax
118 591
105 327
118 797
127 076
After tax
119 909
133 173
119 703
111 424
Living cost
52 399
52 399
52 399
52 399
Free-cash
67 510
80 774
67 304
59 025

Estimated living cost  is ₽52399 per week

₽39307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3175
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.
₽9361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84401
₽128360
₽90297
₽125293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 136
income
-
-
-
77 993
pensions
-
-
-
25 737
surtax
-
-
-
13 460
unemployment
-
-
-
220
total
-
-
-
126 546
Employee
32 471
-
211 412
-
surtax
115
-
12 307
-
income
5 444
-
72 226
-
other
-
-
-
-
pensions
2 166
-
8 583
-
health
829
-
3 281
-
unemployment
2 260
-
8 957
-
total
10 814
-
105 354
-
Employer
32 471
-
211 412
-
other
-
-
-
-
unemployment
1 030
-
4 079
-
health
1 477
-
5 855
-
pensions
4 329
-
17 154
-
total
6 836
-
27 088
-
Corporate
199 193
238 500
-
-
income
51 789
62 010
-
-
total
51 789
62 010
-
-
Dividends
147 404
176 490
-
-
withholding
22 111
26 473
-
-
total
22 111
26 473
-
-
Income
238 500
238 500
238 500
238 500
Total tax
91 550
88 483
132 442
126 546
After tax
146 950
150 017
106 058
111 954
Living cost
21 657
21 657
21 657
21 657
Free-cash
125 293
128 360
84 401
90 297

Estimated living cost  is ₽21657 per week

₽13075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1883
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.
₽6197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81448
₽99388
₽89578
₽97246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 258
national
-
-
-
69 307
regional
-
-
-
3 862
municipal
-
-
-
1 522
total
-
-
-
122 949
Employee
53 486
-
238 500
-
social contributions
18 036
-
63 267
-
municipal
284
-
1 402
-
national
8 474
-
62 852
-
regional
720
-
3 558
-
total
27 514
-
131 079
-
Employer
53 486
-
238 500
-
total
-
-
-
-
Corporate
185 014
238 500
-
-
nationa
44 403
57 240
-
-
municipal
9 195
11 853
-
-
total
53 598
69 093
-
-
Dividends
131 417
169 407
-
-
withholding
34 169
44 046
-
-
total
34 169
44 046
-
-
Income
238 500
238 500
238 500
238 500
Total tax
115 281
113 139
131 079
122 949
After tax
123 219
125 361
107 421
115 551
Living cost
25 973
25 973
25 973
25 973
Free-cash
97 246
99 388
81 448
89 578

Estimated living cost  is ₽25973 per week

₽16153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102364
₽134845
₽113030
₽124370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 287
health
-
-
-
32 197
income
-
-
-
25 802
solidarity contribution
-
-
-
3 822
total
-
-
-
96 108
Employee
43 179
-
191 876
-
social contributions
2 807
-
7 632
-
solidarity contribution
-
-
2 864
-
income
5 181
-
23 751
-
health
5 829
-
25 903
-
total
13 817
-
60 150
-
Employer
43 179
-
191 876
-
health
3 886
-
17 269
-
social contributions
10 795
-
29 355
-
total
14 681
-
46 624
-
Corporate
180 641
238 500
-
-
income
34 322
45 315
-
-
total
34 322
45 315
-
-
Dividends
146 319
193 185
-
-
withholding
21 948
28 978
-
-
total
21 948
28 978
-
-
Income
238 500
238 500
238 500
238 500
Total tax
84 768
74 293
106 774
96 108
After tax
153 732
164 207
131 726
142 392
Living cost
29 362
29 362
29 362
29 362
Free-cash
124 370
134 845
102 364
113 030

Estimated living cost  is ₽29362 per week

₽21835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31294
₽100648
₽91259
₽100172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 616
income
-
-
-
80 158
chamber of commerce
-
-
-
953
pensions
-
-
-
20 839
surtax
-
-
-
-
unemployment
-
-
-
5 914
total
-
-
-
116 480
Employee
42 148
38 425
199 724
-
income
3 755
2 834
68 253
-
other
421
384
1 127
-
pensions
4 316
3 934
11 535
-
health
1 630
1 488
4 358
-
unemployment
1 264
1 153
3 380
-
total
11 386
9 793
88 653
-
Employer
42 148
38 425
199 724
-
other
2 002
1 824
8 746
-
unemployment
1 264
1 153
3 380
-
health
1 594
1 453
4 258
-
surtax
-
-
-
-
accident
547
500
1 464
-
pensions
5 290
4 823
14 137
-
payroll
1 264
1 153
5 992
-
chamber of commerce
168
154
800
-
total
12 129
11 060
38 777
-
Corporate
184 223
189 016
196 064
-
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.

46 055
47 253
49 015
-
total
46 055
47 253
49 015
-
Dividends
138 168
141 763
-
-
withholding
37 997
38 985
-
-
total
37 997
38 985
-
-
Income
238 500
238 500
238 500
238 500
Total tax
107 567
107 091
176 445
116 480
After tax
130 933
131 409
62 055
122 020
Living cost
30 761
30 761
30 761
30 761
Free-cash
100 172
100 648
31 294
91 259

Estimated living cost  is ₽30761 per week

₽18453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178497
₽214272
₽223812
₽211965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 379
-
238 500
-
income
3 076
-
47 700
-
total
3 076
-
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%.

223 121
238 500
-
-
total
-
-
-
-
Dividends
223 121
238 500
-
-
withholding
11 156
11 925
-
-
total
11 156
11 925
-
-
Income
238 500
238 500
238 500
238 500
Total tax
14 232
11 925
47 700
2 385
After tax
224 268
226 575
190 800
236 115
Living cost
12 303
12 303
12 303
12 303
Free-cash
211 965
214 272
178 497
223 812

Estimated living cost  is ₽12303 per week

₽8326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3048
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77407
₽138344
₽82588
₽130279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
23 468
income
-
-
-
62 668
pensions
-
-
-
43 555
unemployment
-
-
-
359
total
-
-
-
130 050
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.

42 637
-
206 368
-
income
7 353
-
57 490
-
pensions
6 609
-
31 988
-
health
2 754
-
13 332
-
unemployment
60
-
289
-
total
16 776
-
103 099
-
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.

42 637
-
206 368
-
unemployment
26
-
124
-
health
2 840
-
13 745
-
pensions
3 773
-
18 263
-
total
6 639
-
32 132
-
Corporate
189 224
238 500
-
-
income
35 953
45 316
-
-
total
35 953
45 316
-
-
Dividends
153 272
193 184
-
-
withholding
22 991
28 978
-
-
total
22 991
28 978
-
-
Income
238 500
238 500
238 500
238 500
Total tax
82 359
74 294
135 231
130 050
After tax
156 141
164 206
103 269
108 450
Living cost
25 862
25 862
25 862
25 862
Free-cash
130 279
138 344
77 407
82 588

Estimated living cost  is ₽25862 per week

₽17749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽182031
₽101828
₽121548
₽54123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 189
income
-
-
-
46 488
total
-
-
-
73 677
Employee
62 050
-
-
-
social contributions
5 088
-
725
-
income
13 687
-
-
-
total
18 775
-
725
-
Employer
62 050
-
-
-
social contributions
87 490
-
12 469
-
total
87 490
-
12 469
-
Corporate
88 960
238 500
-
-
income
19 571
52 470
-
-
total
19 571
52 470
-
-
Dividends
69 389
186 030
-
-
income
15 266
40 927
-
-
total
15 266
40 927
-
-
Income
238 500
238 500
238 500
238 500
Total tax
141 102
93 397
13 194
73 677
After tax
97 398
145 103
225 306
164 823
Living cost
43 275
43 275
43 275
43 275
Free-cash
54 123
101 828
182 031
121 548

Estimated living cost  is ₽43275 per week

₽28078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73646
₽105415
₽93077
₽104445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
82 879
income
-
-
-
32 300
surtax
-
-
-
-
total
-
-
-
115 179
Employee
44 346
-
192 727
-
surtax
-
-
629
-
social contributions
4 878
-
21 200
-
income
9 224
-
67 008
-
total
14 102
-
88 837
-
Employer
44 346
-
192 727
-
social contributions
10 532
-
45 773
-
total
10 532
-
45 773
-
Corporate
183 622
238 500
-
-
surtax
-
-
-
-
income
38 560
50 086
-
-
total
38 560
50 086
-
-
Dividends
145 062
188 414
-
-
withholding
40 617
52 755
-
-
total
40 617
52 755
-
-
Income
238 500
238 500
238 500
238 500
Total tax
103 811
102 841
134 610
115 179
After tax
134 689
135 659
103 890
123 321
Living cost
30 244
30 244
30 244
30 244
Free-cash
104 445
105 415
73 646
93 077

Estimated living cost  is ₽30244 per week

₽22629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5326
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73712
₽73632
₽82071
₽80264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 394
social contributions
-
-
-
6 796
health
-
-
-
12 228
income
-
-
-
47 459
pensions
-
-
-
35 982
surtax
-
-
-
-
total
-
-
-
109 859
Employee
60 390
-
180 976
-
surtax
-
-
-
-
social contributions
1 720
-
5 156
-
income
5 269
-
41 456
-
pensions
6 830
-
14 082
-
total
13 819
-
60 694
-
Employer
60 390
-
180 976
-
other
2 084
-
7 697
-
unemployment
2 446
-
7 330
-
health
4 227
-
18 516
-
pensions
9 923
-
23 438
-
social contributions
181
-
543
-
total
18 861
-
57 524
-
Corporate
159 249
238 500
-
-
surtax
-
-
-
-
income
44 589
66 781
-
-
total
44 589
66 781
-
-
Dividends
114 660
171 719
-
-
social contributions
19 721
29 536
-
-
surtax
-
-
-
-
withholding
14 676
21 981
-
-
total
34 397
51 517
-
-
Income
238 500
238 500
238 500
238 500
Total tax
111 666
118 298
118 218
109 859
After tax
126 834
120 202
120 282
128 641
Living cost
46 570
46 570
46 570
46 570
Free-cash
80 264
73 632
73 712
82 071

Estimated living cost  is ₽46570 per week

₽31518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150635
₽185665
₽144298
₽182426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 748
social contributions
-
-
-
52 470
total
-
-
-
65 218
Employee
30 998
-
206 492
-
income
-
-
13 452
-
social contributions
2 015
-
13 423
-
total
2 015
-
26 875
-
Employer
30 998
-
206 492
-
social contributions
4 805
-
32 006
-
total
4 805
-
32 006
-
Corporate
202 697
238 500
-
-
income
20 270
23 851
-
-
total
20 270
23 851
-
-
Dividends
182 427
214 649
-
-
total
-
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
27 090
23 851
58 881
65 218
After tax
211 410
214 649
179 619
173 282
Living cost
28 984
28 984
28 984
28 984
Free-cash
182 426
185 665
150 635
144 298

Estimated living cost  is ₽28984 per week

₽18740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28722
₽28722
₽90311
₽14979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 013
pensions
-
-
-
835
national
-
-
-
30 244
municipal
-
-
-
51 727
total
-
-
-
101 819
Employee
195 717
195 717
195 717
-
labour market
15 635
15 635
15 635
-
municipal
41 677
41 677
41 677
-
national
23 910
23 910
23 910
-
pensions
278
278
278
-
total
81 500
81 500
81 500
-
Employer
195 717
195 717
195 717
-
national
23 952
23 952
23 952
-
labour market
15 657
15 657
15 657
-
pensions
556
556
556
-
municipal
41 743
41 743
41 743
-
total
81 908
81 908
81 908
-
Corporate
28 720
-
-
-
income
6 318
-
-
-
total
6 318
-
-
-
Dividends
22 402
-
-
-
withholding
7 425
-
-
-
total
7 425
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
177 151
163 408
163 408
101 819
After tax
61 349
75 092
75 092
136 681
Living cost
46 370
46 370
46 370
46 370
Free-cash
14 979
28 722
28 722
90 311

Estimated living cost  is ₽46370 per week

₽31736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽713
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110760
-₽1816
₽141666
₽16076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
68 910
pensions
-
-
-
4 057
total
-
-
-
75 700
Employee
33 245
-
218 746
-
income
4 561
-
54 367
-
pensions
3 744
-
7 439
-
health
3 807
-
25 046
-
total
12 112
-
86 852
-
Employer
33 245
-
218 746
-
unemployment
815
-
5 359
-
accident
555
-
3 653
-
pensions
5 406
-
10 742
-
total
6 776
-
19 754
-
Corporate
198 480
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.

178 631
214 650
-
-
total
178 631
214 650
-
-
Dividends
19 848
23 850
-
-
withholding
3 771
4 532
-
-
total
3 771
4 532
-
-
Income
238 500
238 500
238 500
238 500
Total tax
201 290
219 182
106 606
75 700
After tax
37 210
19 318
131 894
162 800
Living cost
21 134
21 134
21 134
21 134
Free-cash
16 076
-1 816
110 760
141 666

Estimated living cost  is ₽21134 per week

₽15383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79516
₽107780
₽106836
₽111147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 270
national
-
-
-
49 034
municipal
-
-
-
42 342
total
-
-
-
94 646
Employee
50 729
-
200 639
-
municipal
8 309
-
32 652
-
national
838
-
32 211
-
pensions
3 423
-
13 544
-
health
379
-
2 688
-
unemployment
761
-
3 010
-
total
13 710
-
84 105
-
Employer
50 729
-
200 639
-
unemployment
329
-
1 305
-
health
390
-
1 544
-
accident
51
-
201
-
pensions
8 801
-
34 811
-
total
9 571
-
37 861
-
Corporate
178 200
238 500
-
-
income
35 640
47 700
-
-
total
35 640
47 700
-
-
Dividends

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

106 920
143 100
-
-
national
12 169
20 245
-
-
municipal
19 245
25 757
-
-
total
31 414
46 002
-
-
Income
238 500
238 500
238 500
238 500
Total tax
90 335
93 702
121 966
94 646
After tax
148 165
144 798
116 534
143 854
Living cost
37 018
37 018
37 018
37 018
Free-cash
111 147
107 780
79 516
106 836

Estimated living cost  is ₽37018 per week

₽24180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135341
₽151441
₽137254
₽146191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 600
health
-
-
-
6 082
income
-
-
-
57 240
total
-
-
-
78 922
Employee
74 142
74 142
226 019
-
social contributions
2 803
6 153
8 300
-
income
8 073
6 863
56 212
-
health
575
1 261
3 842
-
total
11 451
14 277
68 354
-
Employer
74 142
74 142
226 019
-
health
624
1 372
4 181
-
social contributions
2 803
6 153
8 300
-
total
3 427
7 525
12 481
-
Corporate
201 298
156 832
-
-
income
25 163
19 604
-
-
total
25 163
19 604
-
-
Dividends
176 136
137 228
-
-
withholding
29 944
23 329
-
-
total
29 944
23 329
-
-
Income
238 500
238 500
238 500
238 500
Total tax
69 985
64 735
80 835
78 922
After tax
168 515
173 765
157 665
159 578
Living cost
22 324
22 324
22 324
22 324
Free-cash
146 191
151 441
135 341
137 254

Estimated living cost  is ₽22324 per week

₽13379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169370
₽182193
₽188708
₽177288
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 489
income
-
-
-
24 834
pensions
-
-
-
6 133
unemployment
-
-
-
27
total
-
-
-
34 483
Employee

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

22 132
-
229 077
-
income
1 513
-
22 442
-
pensions
3 319
-
13 723
-
health
1 881
-
7 776
-
unemployment
110
-
457
-
total
6 823
-
44 398
-
Employer

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

22 132
-
229 077
-
unemployment
110
-
457
-
health
951
-
3 934
-
pensions
1 217
-
5 032
-
total
2 278
-
9 423
-
Corporate
214 090
238 500
-
-
income
19 267
21 465
-
-
total
19 267
21 465
-
-
Dividends
194 823
217 035
-
-
withholding
17 535
19 533
-
-
total
17 535
19 533
-
-
Income
238 500
238 500
238 500
238 500
Total tax
45 903
40 998
53 821
34 483
After tax
192 597
197 502
184 679
204 017
Living cost
15 309
15 309
15 309
15 309
Free-cash
177 288
182 193
169 370
188 708

Estimated living cost  is ₽15309 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1103
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.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102516
₽131635
₽106561
₽127376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
805
income
-
-
-
78 613
pensions
-
-
-
25 291
unemployment
-
-
-
626
total
-
-
-
105 425
Employee
35 652
-
210 009
-
income
6 873
-
75 303
-
other
35
-
90
-
pensions
1 676
-
4 201
-
unemployment
553
-
1 385
-
total
9 137
-
80 979
-
Employer
35 652
-
210 009
-
other
285
-
715
-
unemployment
1 961
-
4 915
-
accident
706
-
1 769
-
pensions
8 413
-
21 092
-
total
11 365
-
28 491
-
Corporate
191 481
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.

28 722
35 775
-
-
total
28 722
35 775
-
-
Dividends
162 760
202 725
-
-
withholding
35 386
44 576
-
-
total
35 386
44 576
-
-
Income
238 500
238 500
238 500
238 500
Total tax
84 610
80 351
109 470
105 425
After tax
153 890
158 149
129 030
133 075
Living cost
26 514
26 514
26 514
26 514
Free-cash
127 376
131 635
102 516
106 561

Estimated living cost  is ₽26514 per week

₽17897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152070
₽147043
₽152198
₽146750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
942
income
-
-
-
82 280
pensions
-
-
-
1 299
total
-
-
-
84 521
Employee
2 713
-
237 038
-
income
525
-
82 212
-
pensions
244
-
585
-
health
136
-
325
-
unemployment
27
-
65
-
total
932
-
83 187
-
Employer
2 713
-
237 038
-
unemployment
54
-
130
-
health
258
-
617
-
pensions
298
-
715
-
total
610
-
1 462
-
Corporate
235 177
238 500
-
-
income
51 739
52 470
-
-
total
51 739
52 470
-
-
Dividends
183 438
186 030
-
-
withholding
36 688
37 206
-
-
total
36 688
37 206
-
-
Income
238 500
238 500
238 500
238 500
Total tax
89 969
89 676
84 649
84 521
After tax
148 531
148 824
153 851
153 979
Living cost
1 781
1 781
1 781
1 781
Free-cash
146 750
147 043
152 070
152 198

Estimated living cost  is ₽1781 per week

₽1058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139404
₽155688
₽139403
₽150958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 319
income
-
-
-
55 609
pensions
-
-
-
18 475
unemployment
-
-
-
1 066
total
-
-
-
82 469
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.

25 074
-
225 781
-
income
3 456
-
55 609
-
pensions
3 510
-
9 948
-
health
1 291
-
3 659
-
unemployment
188
-
533
-
total
8 445
-
69 749
-
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.

25 074
-
225 781
-
unemployment
188
-
533
-
health
1 291
-
3 659
-
pensions
3 009
-
8 527
-
total
4 488
-
12 719
-
Corporate
208 938
238 500
-
-
income
31 341
35 775
-
-
total
31 341
35 775
-
-
Dividends
177 597
202 725
-
-
withholding
26 640
30 409
-
-
total
26 640
30 409
-
-
Income
238 500
238 500
238 500
238 500
Total tax
70 914
66 184
82 468
82 469
After tax
167 586
172 316
156 032
156 031
Living cost
16 628
16 628
16 628
16 628
Free-cash
150 958
155 688
139 404
139 403

Estimated living cost  is ₽16628 per week

₽11196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1286
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.
₽3665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77896
₽109665
₽97327
₽109317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
82 879
income
-
-
-
32 300
surtax
-
-
-
-
total
-
-
-
115 179
Employee
37 423
-
192 727
-
surtax
-
-
629
-
social contributions
4 117
-
21 200
-
income
7 312
-
67 008
-
total
11 429
-
88 837
-
Employer
37 423
-
192 727
-
social contributions
8 887
-
45 773
-
total
8 887
-
45 773
-
Corporate
192 190
238 500
-
-
surtax
-
-
-
-
income
40 361
50 086
-
-
total
40 361
50 086
-
-
Dividends
151 829
188 414
-
-
withholding
42 512
52 755
-
-
total
42 512
52 755
-
-
Income
238 500
238 500
238 500
238 500
Total tax
103 189
102 841
134 610
115 179
After tax
135 311
135 659
103 890
123 321
Living cost
25 994
25 994
25 994
25 994
Free-cash
109 317
109 665
77 896
97 327

Estimated living cost  is ₽25994 per week

₽18411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95144
₽124263
₽99189
₽117952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
805
income
-
-
-
78 613
pensions
-
-
-
25 291
unemployment
-
-
-
626
total
-
-
-
105 425
Employee
46 567
-
210 009
-
income
9 726
-
75 303
-
other
46
-
90
-
pensions
2 188
-
4 201
-
unemployment
721
-
1 385
-
total
12 681
-
80 979
-
Employer
46 567
-
210 009
-
other
373
-
715
-
unemployment
2 562
-
4 915
-
accident
922
-
1 769
-
pensions
10 990
-
21 092
-
total
14 847
-
28 491
-
Corporate
177 087
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.

26 563
35 775
-
-
total
26 563
35 775
-
-
Dividends
150 524
202 725
-
-
withholding
32 571
44 576
-
-
total
32 571
44 576
-
-
Income
238 500
238 500
238 500
238 500
Total tax
86 662
80 351
109 470
105 425
After tax
151 838
158 149
129 030
133 075
Living cost
33 886
33 886
33 886
33 886
Free-cash
117 952
124 263
95 144
99 189

Estimated living cost  is ₽33886 per week

₽24336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽187647
₽187577
₽177524
₽181787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 816
income
-
-
-
35 775
pensions

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

-
-
-
4 911
unemployment
-
-
-
133
total
-
-
-
44 635
Employee
21 638
-
231 990
-
income
2 164
-
23 199
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

1 900
-
2 913
-
health
995
-
1 526
-
total
5 297
-
28 003
-
Employer
21 638
-
231 990
-
unemployment
130
-
199
-
health
1 493
-
2 289
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

2 384
-
3 656
-
total
4 245
-
6 509
-
Corporate
212 617
238 500
-
-
income
21 262
23 850
-
-
total
21 262
23 850
-
-
Dividends
191 355
214 650
-
-
withholding
9 568
10 732
-
-
total
9 568
10 732
-
-
Income
238 500
238 500
238 500
238 500
Total tax
40 372
34 582
34 512
44 635
After tax
198 128
203 918
203 988
193 865
Living cost
16 341
16 341
16 341
16 341
Free-cash
181 787
187 577
187 647
177 524

Estimated living cost  is ₽16341 per week

₽10808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4208
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108878
₽85406
₽81086
₽98020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
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.

-
-
-
81 336
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.

-
-
-
4 474
trade
-
-
-
27 792
total
-
-
-
120 189
Employee

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

47 975
-
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.

218
-
4 474
-
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.

3 945
-
81 336
-
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.

6 587
-
6 587
-
total
10 750
-
92 397
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
190 525
238 500
-
-
chamber of commerce
426
496
-
-
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.

1 572
1 967
-
-
trade
27 340
34 226
-
-
income
28 579
35 775
-
-
total
57 917
72 464
-
-
Dividends
132 608
166 036
-
-
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.

1 802
2 263
-
-
withholding
32 786
41 142
-
-
total
34 588
43 405
-
-
Income
238 500
238 500
238 500
238 500
Total tax
103 255
115 869
92 397
120 189
After tax
135 245
122 631
146 103
118 311
Living cost
37 225
37 225
37 225
37 225
Free-cash
98 020
85 406
108 878
81 086

Estimated living cost  is ₽37225 per week

₽25679
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.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62730
₽112026
₽62730
₽114153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 463
social contributions
-
-
-
41 382
total
-
-
-
120 845
Employee
75 422
-
238 500
-
income
14 232
-
79 463
-
social contributions
6 266
-
41 382
-
total
20 498
-
120 845
-
Employer
75 422
-
238 500
-
total
-
-
-
-
Corporate
163 078
238 500
-
-
income
20 385
29 812
-
-
total
20 385
29 812
-
-
Dividends
142 693
208 688
-
-
withholding
28 539
41 737
-
-
total
28 539
41 737
-
-
Income
238 500
238 500
238 500
238 500
Total tax
69 422
71 549
120 845
120 845
After tax
169 078
166 951
117 655
117 655
Living cost
54 925
54 925
54 925
54 925
Free-cash
114 153
112 026
62 730
62 730

Estimated living cost  is ₽54925 per week

₽41786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130388
₽114930
₽161797
₽118300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 927
total
-
-
-
41 702
Employee
44 232
-
234 065
-
income
4 799
-
64 241
-
social contributions
4 432
-
4 435
-
total
9 231
-
68 676
-
Employer
44 232
-
234 065
-
social contributions
4 432
-
4 435
-
total
4 432
-
4 435
-
Corporate
189 836
238 500
-
-
income
66 442
83 475
-
-
total
66 442
83 475
-
-
Dividends
123 394
155 025
-
-
social contributions
5 094
5 094
-
-
total
5 094
5 094
-
-
Income
238 500
238 500
238 500
238 500
Total tax
85 199
88 569
73 111
41 702
After tax
153 301
149 931
165 389
196 798
Living cost
35 001
35 001
35 001
35 001
Free-cash
118 300
114 930
130 388
161 797

Estimated living cost  is ₽35001 per week

₽23055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2759
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.
₽8649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96058
₽112959
₽117262
₽118651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 515
pensions
-
-
-
10 030
total
-
-
-
85 545
Employee
48 994
-
207 702
-
income
8 922
-
61 378
-
health
639
-
2 743
-
pensions
3 739
-
11 830
-
total
13 300
-
75 951
-
Employer
48 994
-
207 702
-
health
931
-
3 947
-
pensions
4 950
-
26 851
-
total
5 881
-
30 798
-
Corporate
183 625
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.

34 889
45 316
-
-
total
34 889
45 316
-
-
Dividends
148 736
193 184
-
-
withholding
30 086
44 532
-
-
total
30 086
44 532
-
-
Income
238 500
238 500
238 500
238 500
Total tax
84 156
89 848
106 749
85 545
After tax
154 344
148 652
131 751
152 955
Living cost
35 693
35 693
35 693
35 693
Free-cash
118 651
112 959
96 058
117 262

Estimated living cost  is ₽35693 per week

₽24485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽108668
-₽3908
₽139574
₽15758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
68 910
pensions
-
-
-
4 057
total
-
-
-
75 700
Employee
36 536
-
218 746
-
income
5 012
-
54 367
-
pensions
4 114
-
7 439
-
health
4 183
-
25 046
-
total
13 309
-
86 852
-
Employer
36 536
-
218 746
-
unemployment
895
-
5 359
-
accident
610
-
3 653
-
pensions
5 940
-
10 742
-
total
7 445
-
19 754
-
Corporate
194 518
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.

175 066
214 650
-
-
total
175 066
214 650
-
-
Dividends
19 452
23 850
-
-
withholding
3 696
4 532
-
-
total
3 696
4 532
-
-
Income
238 500
238 500
238 500
238 500
Total tax
199 516
219 182
106 606
75 700
After tax
38 984
19 318
131 894
162 800
Living cost
23 226
23 226
23 226
23 226
Free-cash
15 758
-3 908
108 668
139 574

Estimated living cost  is ₽23226 per week

₽17045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1353
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.
₽4359
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163953
₽169445
₽142779
₽166532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 365
health insurance
-
-
-
11 396
work injury
-
-
-
770
pensions
-
-
-
28 335
unemployment
-
-
-
1 848
total
-
-
-
82 714
Employee

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

20 811
-
238 500
-
income
2 081
-
40 365
-
work injury
104
-
385
-
health insurance
1 540
-
5 698
-
pensions
3 829
-
14 168
-
unemployment
250
-
924
-
total
7 804
-
61 540
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
217 689
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%.

21 769
23 850
-
-
total
21 769
23 850
-
-
Dividends
195 920
214 650
-
-
withholding
29 388
32 198
-
-
total
29 388
32 198
-
-
Income
238 500
238 500
238 500
238 500
Total tax
58 961
56 048
61 540
82 714
After tax
179 539
182 452
176 960
155 786
Living cost
13 007
13 007
13 007
13 007
Free-cash
166 532
169 445
163 953
142 779

Estimated living cost  is ₽13007 per week

₽8058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽3598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66879
₽87214
₽74798
₽82829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 258
national
-
-
-
69 307
regional
-
-
-
6 013
municipal
-
-
-
1 713
total
-
-
-
125 291
Employee
81 250
-
238 500
-
social contributions
27 397
-
63 267
-
municipal
485
-
1 577
-
national
13 730
-
62 852
-
regional
1 227
-
5 514
-
total
42 839
-
133 210
-
Employer
81 250
-
238 500
-
total
-
-
-
-
Corporate
157 250
238 500
-
-
nationa
37 740
57 240
-
-
municipal
7 579
11 496
-
-
total
45 319
68 736
-
-
Dividends
111 931
169 763
-
-
withholding
29 102
44 139
-
-
total
29 102
44 139
-
-
Income
238 500
238 500
238 500
238 500
Total tax
117 260
112 875
133 210
125 291
After tax
121 240
125 625
105 290
113 209
Living cost
38 411
38 411
38 411
38 411
Free-cash
82 829
87 214
66 879
74 798

Estimated living cost  is ₽38411 per week

₽26982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2642
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.
₽8206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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