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
₽86533
₽91426
₽101925
₽117147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
30 614
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.

-
-
-
6 484
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.

-
-
-
4 490
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.

-
-
-
81 631
total
-
-
-
123 219
Employee

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

36 302
-
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.

56
-
4 490
-
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.

1 014
-
81 631
-
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.

6 484
-
6 484
-
total
7 554
-
92 605
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
202 198
238 500
-
-
trade
31 846
37 564
-
-
income
30 329
35 776
-
-
chamber of commerce
434
486
-
-
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.

1 668
1 967
-
-
total
64 277
75 793
-
-
Dividends
137 921
162 707
-
-
withholding
34 119
40 316
-
-
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.

1 877
2 217
-
-
total
35 996
42 533
-
-
Income
238 500
238 500
238 500
238 500
Total tax
107 827
118 326
92 605
123 219
After tax
130 673
120 174
145 895
115 281
Living cost
28 748
28 748
28 748
28 748
Free-cash
101 925
91 426
117 147
86 533

Estimated living cost  is ₽28748 per week

₽18083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84337
₽98347
₽97507
₽85618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
26 574
pensions
-
-
-
28 620
social contributions
-
-
-
2 564
national
-
-
-
45 928
total
-
-
-
103 686
Employee
78 248
-
206 181
-
municipal
9 665
-
27 498
-
national
14 977
-
47 950
-
pensions
3 130
-
8 247
-
total
27 772
-
83 695
-
Employer
78 248
-
206 181
-
pensions
6 260
-
16 494
-
social contributions
841
-
2 216
-
total
7 101
-
18 710
-
Corporate
147 986
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%.

29 597
47 700
-
-
total
29 597
47 700
-
-
Dividends
118 389
190 800
-
-
withholding
26 046
41 976
-
-
total
26 046
41 976
-
-
Income
238 500
238 500
238 500
238 500
Total tax
90 516
89 676
102 405
103 686
After tax
147 984
148 824
136 095
134 814
Living cost
50 477
50 477
50 477
50 477
Free-cash
97 507
98 347
85 618
84 337

Estimated living cost  is ₽50477 per week

₽34309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽756
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68684
₽171055
₽163269
₽85262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
60 817
social contributions

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

-
-
-
36 365
income
-
-
-
52 888
microenterprise
-
-
-
-
total
-
-
-
150 070
Employee
27 734
-
190 316
-
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.

3 051
-
12 442
-
surtax
-
-
27 595
-
income
4 937
-
45 271
-
total
7 988
-
85 308
-
Employer
27 734
-
190 316
-
surtax
-
-
20 935
-
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.

6 680
-
27 249
-
total
6 680
-
48 184
-
Corporate
204 086
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%.

40 817
47 699
-
-
total
40 817
47 699
-
-
Dividends

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

163 269
190 801
-
-
total
-
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
55 485
47 699
133 492
150 070
After tax
183 015
190 801
105 008
88 430
Living cost
19 746
19 746
19 746
19 746
Free-cash
163 269
171 055
85 262
68 684

Estimated living cost  is ₽19746 per week

₽12597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
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.
₽4820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86950
₽79382
₽73568
₽112727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 120
health
-
-
-
11 704
income
-
-
-
88 966
total
-
-
-
111 790
Employee
81 051
81 051
220 862
-
pensions
14 589
11 120
11 120
-
income

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

13 267
13 267
45 550
-
health
12 440
10 582
11 704
-
total
40 296
34 969
68 374
-
Employer
81 051
81 051
220 862
-
pensions
5 641
5 641
7 012
-
unemployment
2 918
2 918
3 626
-
health
5 634
5 634
7 001
-
total
14 193
14 193
17 639
-
Corporate
144 251
143 256
-
-
income
28 850
28 651
-
-
total
28 850
28 651
-
-
Dividends
115 400
114 606
-
-
withholding
17 311
17 192
-
-
income
24 522
24 353
-
-
total
41 833
41 545
-
-
Income
238 500
238 500
238 500
238 500
Total tax
125 172
119 358
86 013
111 790
After tax
113 328
119 142
152 487
126 710
Living cost
39 760
39 760
39 760
39 760
Free-cash
73 568
79 382
112 727
86 950

Estimated living cost  is ₽39760 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79277
₽91084
₽90204
₽78328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
63 711
pensions
-
-
-
9 272
health
-
-
-
5 352
other
-
-
-
9 967
unemployment
-
-
-
86
accident
-
-
-
171
national
-
-
-
31 527
total
-
-
-
120 086
Employee
55 766
-
211 550
-
municipal
16 630
-
63 084
-
national
-
-
31 002
-
total
16 630
-
94 086
-
Employer
55 766
-
211 550
-
pensions
6 028
-
9 272
-
other
6 480
-
9 967
-
unemployment
1 472
-
2 264
-
accident
112
-
171
-
health
3 430
-
5 275
-
total
17 522
-
26 949
-
Corporate
165 212
238 500
-
-
income
36 347
52 470
-
-
total
36 347
52 470
-
-
Dividends
128 865
186 030
-
-
withholding
38 660
55 809
-
-
total
38 660
55 809
-
-
Income
238 500
238 500
238 500
238 500
Total tax
109 159
108 279
121 035
120 086
After tax
129 341
130 221
117 465
118 414
Living cost
39 137
39 137
39 137
39 137
Free-cash
90 204
91 084
78 328
79 277

Estimated living cost  is ₽39137 per week

₽25938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76636
₽81661
₽95000
₽108610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
31 974
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.

-
-
-
6 484
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.

-
-
-
4 490
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.

-
-
-
81 631
total
-
-
-
124 579
Employee

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

48 132
-
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.

227
-
4 490
-
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.

4 135
-
81 631
-
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.

6 484
-
6 484
-
total
10 846
-
92 605
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
190 368
238 500
-
-
trade
31 316
39 234
-
-
income
28 555
35 776
-
-
chamber of commerce
414
483
-
-
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.

1 571
1 967
-
-
total
61 856
77 460
-
-
Dividends
128 512
161 041
-
-
withholding
31 766
39 900
-
-
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.

1 747
2 194
-
-
total
33 513
42 094
-
-
Income
238 500
238 500
238 500
238 500
Total tax
106 215
119 554
92 605
124 579
After tax
132 285
118 946
145 895
113 921
Living cost
37 285
37 285
37 285
37 285
Free-cash
95 000
81 661
108 610
76 636

Estimated living cost  is ₽37285 per week

₽24937
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.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128659
₽142970
₽139034
₽126754
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 082
social contributions
-
-
-
15 356
income
-
-
-
57 618
total
-
-
-
79 056
Employee
72 983
72 983
226 146
-
social contributions
3 546
6 057
8 170
-
income
7 664
6 756
56 593
-
health
726
1 241
3 844
-
total
11 936
14 054
68 607
-
Employer
72 983
72 983
226 146
-
social contributions
3 546
6 057
8 170
-
health
791
1 351
4 184
-
total
4 337
7 408
12 354
-
Corporate
191 442
158 109
-
-
income
23 930
19 764
-
-
total
23 930
19 764
-
-
Dividends
167 512
138 346
-
-
withholding
28 478
23 519
-
-
total
28 478
23 519
-
-
Income
238 500
238 500
238 500
238 500
Total tax
68 681
64 745
80 961
79 056
After tax
169 819
173 755
157 539
159 444
Living cost
30 785
30 785
30 785
30 785
Free-cash
139 034
142 970
126 754
128 659

Estimated living cost  is ₽30785 per week

₽21044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147782
₽116392
₽116756
₽120822
S + D Salary + Dividends

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

Dividends

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

Salary

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

25 172
10 018
199 582
-
pensions
2 517
1 002
19 958
-
unemployment
378
150
2 994
-
income
3 077
1 225
24 399
-
health
1 762
701
13 971
-
total
7 734
3 078
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.

25 172
10 018
199 582
-
pensions
4 909
1 954
38 918
-
total
4 909
1 954
38 918
-
Corporate
208 419
226 528
-
-
income
18 758
20 388
-
-
total
18 758
20 388
-
-
Dividends
189 661
206 141
-
-
withholding
36 036
39 167
-
-
social contributions
36 869
40 083
-
-
total
72 905
79 250
-
-
Income
238 500
238 500
238 500
238 500
Total tax
104 306
104 670
100 240
73 280
After tax
134 194
133 830
138 260
165 220
Living cost
17 438
17 438
17 438
17 438
Free-cash
116 756
116 392
120 822
147 782

Estimated living cost  is ₽17438 per week

₽11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104910
₽167876
₽161979
₽114545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
47 701
health
-
-
-
31 005
income
-
-
-
31 959
total
-
-
-
110 665
Employee
26 925
-
178 249
-
pensions
539
-
3 564
-
unemployment
430
-
2 851
-
income
3 031
-
34 367
-
total
4 000
-
40 782
-
Employer
26 925
-
178 249
-
pensions
5 385
-
35 650
-
unemployment
216
-
1 426
-
health
3 500
-
23 172
-
total
9 101
-
60 248
-
Corporate
202 474
238 500
-
-
income
40 495
47 699
-
-
total
40 495
47 699
-
-
Dividends
161 979
190 801
-
-
total
-
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
53 596
47 699
101 030
110 665
After tax
184 904
190 801
137 470
127 835
Living cost
22 925
22 925
22 925
22 925
Free-cash
161 979
167 876
114 545
104 910

Estimated living cost  is ₽22925 per week

₽15724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1365
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.
₽5375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141590
-₽1883
₽16066
₽110761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
68 996
total
-
-
-
75 708
Employee
33 352
-
218 865
-
pensions
3 755
-
7 353
-
income
4 576
-
54 489
-
health
3 819
-
25 060
-
total
12 150
-
86 902
-
Employer
33 352
-
218 865
-
pensions
5 423
-
10 618
-
unemployment
817
-
5 362
-
accident
557
-
3 655
-
total
6 797
-
19 635
-
Corporate
198 351
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.

178 516
214 650
-
-
total
178 516
214 650
-
-
Dividends
19 835
23 850
-
-
withholding
3 769
4 531
-
-
total
3 769
4 531
-
-
Income
238 500
238 500
238 500
238 500
Total tax
201 232
219 181
106 537
75 708
After tax
37 268
19 319
131 963
162 792
Living cost
21 202
21 202
21 202
21 202
Free-cash
16 066
-1 883
110 761
141 590

Estimated living cost  is ₽21202 per week

₽15539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽228350
₽218810
₽217354
₽183035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 706
-
238 500
-
income
1 941
-
47 700
-
total
1 941
-
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%.

228 794
238 500
-
-
total
-
-
-
-
Dividends
228 794
238 500
-
-
withholding
11 440
11 925
-
-
total
11 440
11 925
-
-
Income
238 500
238 500
238 500
238 500
Total tax
13 381
11 925
47 700
2 385
After tax
225 119
226 575
190 800
236 115
Living cost
7 765
7 765
7 765
7 765
Free-cash
217 354
218 810
183 035
228 350

Estimated living cost  is ₽7765 per week

₽4812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121718
₽149934
₽143525
₽119804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
34 639
health
-
-
-
6 351
other
-
-
-
6 855
income
-
-
-
43 647
total
-
-
-
91 492
Employee
34 461
-
201 671
-
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.

2 412
-
10 103
-
unemployment
344
-
1 443
-
income
5 933
-
43 009
-
health
483
-
2 021
-
total
9 172
-
56 576
-
Employer
34 461
-
201 671
-
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.

5 859
-
24 537
-
other
1 724
-
7 215
-
unemployment
344
-
1 443
-
accident
276
-
1 614
-
health
483
-
2 021
-
total
8 686
-
36 830
-
Corporate
195 354
238 500
-
-
income
41 024
50 086
-
-
total
41 024
50 086
-
-
Dividends
154 329
188 414
-
-
withholding
10 803
13 190
-
-
total
10 803
13 190
-
-
Income
238 500
238 500
238 500
238 500
Total tax
69 685
63 276
93 406
91 492
After tax
168 815
175 224
145 094
147 008
Living cost
25 290
25 290
25 290
25 290
Free-cash
143 525
149 934
119 804
121 718

Estimated living cost  is ₽25290 per week

₽17869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89899
₽85468
₽93024
₽68718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 908
income
-
-
-
75 937
total
-
-
-
85 845
Employee
88 790
-
207 667
-
pensions
8 566
-
11 649
-
income
16 005
-
61 818
-
health
1 463
-
2 726
-
total
26 034
-
76 193
-
Employer
88 790
-
207 667
-
pensions
10 484
-
26 888
-
health
1 686
-
3 945
-
total
12 170
-
30 833
-
Corporate
137 540
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.

26 133
45 315
-
-
total
26 133
45 315
-
-
Dividends
111 407
193 185
-
-
withholding
18 383
44 961
-
-
total
18 383
44 961
-
-
Income
238 500
238 500
238 500
238 500
Total tax
82 720
90 276
107 026
85 845
After tax
155 780
148 224
131 474
152 655
Living cost
62 756
62 756
62 756
62 756
Free-cash
93 024
85 468
68 718
89 899

Estimated living cost  is ₽62756 per week

₽47024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽181441
₽191480
₽187075
₽191567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 904
health
-
-
-
3 810
unemployment
-
-
-
133
income
-
-
-
35 775
total
-
-
-
44 622
Employee
16 468
-
231 999
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 446
-
2 909
-
income
1 647
-
23 199
-
health
757
-
1 524
-
total
4 031
-
27 996
-
Employer
16 468
-
231 999
-
pensions

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

1 815
-
3 651
-
unemployment
98
-
199
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
health
1 137
-
2 286
-
total
3 231
-
6 500
-
Corporate
218 800
238 500
-
-
income
21 880
23 850
-
-
total
21 880
23 850
-
-
Dividends
196 920
214 650
-
-
withholding
9 846
10 733
-
-
total
9 846
10 733
-
-
Income
238 500
238 500
238 500
238 500
Total tax
38 988
34 583
34 496
44 622
After tax
199 512
203 917
204 004
193 878
Living cost
12 437
12 437
12 437
12 437
Free-cash
187 075
191 480
191 567
181 441

Estimated living cost  is ₽12437 per week

₽7261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽888
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.
₽3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74080
₽66512
₽68901
₽99857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 120
health
-
-
-
11 704
income
-
-
-
88 966
total
-
-
-
111 790
Employee
87 995
81 051
220 862
-
pensions
11 120
11 120
11 120
-
income

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

13 267
13 267
45 550
-
health
10 978
10 582
11 704
-
total
35 365
34 969
68 374
-
Employer
87 995
81 051
220 862
-
pensions
6 124
5 641
7 012
-
unemployment
3 168
2 918
3 626
-
health
6 115
5 634
7 001
-
total
15 407
14 193
17 639
-
Corporate
135 098
143 256
-
-
income
27 019
28 651
-
-
total
27 019
28 651
-
-
Dividends
108 079
114 606
-
-
withholding
16 212
17 192
-
-
income
22 966
24 353
-
-
total
39 178
41 545
-
-
Income
238 500
238 500
238 500
238 500
Total tax
116 969
119 358
86 013
111 790
After tax
121 531
119 142
152 487
126 710
Living cost
52 630
52 630
52 630
52 630
Free-cash
68 901
66 512
99 857
74 080

Estimated living cost  is ₽52630 per week

₽38823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119001
₽140626
₽132214
₽108309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 198
social contributions
-
-
-
33 932
solidarity contribution
-
-
-
3 932
income
-
-
-
25 856
total
-
-
-
95 918
Employee
34 678
-
192 155
-
social contributions
2 254
-
7 553
-
income
4 161
-
23 799
-
solidarity contribution
-
-
2 972
-
health
4 682
-
25 941
-
total
11 097
-
60 265
-
Employer
34 678
-
192 155
-
social contributions
8 669
-
29 051
-
health
3 121
-
17 294
-
total
11 790
-
46 345
-
Corporate
192 032
238 500
-
-
income
36 486
45 315
-
-
total
36 486
45 315
-
-
Dividends
155 546
193 185
-
-
withholding
23 332
28 978
-
-
total
23 332
28 978
-
-
Income
238 500
238 500
238 500
238 500
Total tax
82 705
74 293
106 610
95 918
After tax
155 795
164 207
131 890
142 582
Living cost
23 581
23 581
23 581
23 581
Free-cash
132 214
140 626
108 309
119 001

Estimated living cost  is ₽23581 per week

₽16380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76458
₽87201
₽82245
₽68412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 527
regional
-
-
-
3 135
social contributions
-
-
-
47 503
national
-
-
-
69 828
total
-
-
-
121 993
Employee
84 352
-
238 500
-
social contributions
28 443
-
62 278
-
municipal
447
-
1 410
-
regional
796
-
2 877
-
national
14 616
-
63 474
-
total
44 302
-
130 039
-
Employer
84 352
-
238 500
-
total
-
-
-
-
Corporate
154 148
238 500
-
-
nationa
36 995
57 240
-
-
municipal
6 012
9 301
-
-
total
43 007
66 541
-
-
Dividends
111 141
171 959
-
-
withholding
28 897
44 709
-
-
total
28 897
44 709
-
-
Income
238 500
238 500
238 500
238 500
Total tax
116 206
111 250
130 039
121 993
After tax
122 294
127 250
108 461
116 507
Living cost
40 049
40 049
40 049
40 049
Free-cash
82 245
87 201
68 412
76 458

Estimated living cost  is ₽40049 per week

₽27917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90976
₽129074
₽126117
₽85172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 335
health
-
-
-
8 993
surtax
-
-
-
13 584
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
78 452
total
-
-
-
126 580
Employee
31 387
-
211 836
-
surtax
103
-
12 449
-
pensions
2 093
-
8 449
-
other
-
-
-
-
unemployment
2 185
-
8 817
-
income
5 261
-
72 775
-
health
802
-
3 229
-
total
10 444
-
105 719
-
Employer
31 387
-
211 836
-
pensions
4 184
-
16 886
-
other
-
-
-
-
unemployment
994
-
4 015
-
health
1 428
-
5 764
-
total
6 606
-
26 665
-
Corporate
200 507
238 500
-
-
income
52 132
62 009
-
-
total
52 132
62 009
-
-
Dividends
148 375
176 491
-
-
withholding
22 257
26 473
-
-
total
22 257
26 473
-
-
Income
238 500
238 500
238 500
238 500
Total tax
91 439
88 482
132 384
126 580
After tax
147 061
150 018
106 116
111 920
Living cost
20 944
20 944
20 944
20 944
Free-cash
126 117
129 074
85 172
90 976

Estimated living cost  is ₽20944 per week

₽12806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109782
₽105351
₽111549
₽88601
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 908
income
-
-
-
75 937
total
-
-
-
85 845
Employee
59 505
-
207 667
-
pensions
5 051
-
11 649
-
income
10 717
-
61 818
-
health
864
-
2 726
-
total
16 632
-
76 193
-
Employer
59 505
-
207 667
-
pensions
6 441
-
26 888
-
health
1 130
-
3 945
-
total
7 571
-
30 833
-
Corporate
171 424
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.

32 571
45 315
-
-
total
32 571
45 315
-
-
Dividends
138 853
193 185
-
-
withholding
27 304
44 961
-
-
total
27 304
44 961
-
-
Income
238 500
238 500
238 500
238 500
Total tax
84 078
90 276
107 026
85 845
After tax
154 422
148 224
131 474
152 655
Living cost
42 873
42 873
42 873
42 873
Free-cash
111 549
105 351
88 601
109 782

Estimated living cost  is ₽42873 per week

₽32120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3213
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.
₽7090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽112193
₽33204
₽65660
₽104401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
13 802
city
-
-
-
2 513
pensions
-
-
-
21 941
health
-
-
-
536
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.

-
-
-
4 769
national
-
-
-
6 890
total
-
-
-
50 451
Employee
88 772
-
215 043
-
regional
2 907
-
12 362
-
national
420
-
5 669
-
pensions
7 458
-
16 307
-
unemployment
-
-
-
-
city
953
-
2 330
-
health
201
-
483
-
total
11 939
-
37 151
-
Employer
88 772
-
215 043
-
pensions
7 458
-
16 307
-
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.

1 775
-
4 302
-
unemployment
-
-
-
-
health
201
-
483
-
total
9 434
-
21 092
-
Corporate
139 319
238 500
-
-
regional
29 466
50 443
-
-
national
11 842
20 272
-
-
total
41 308
70 715
-
-
Dividends
98 012
167 785
-
-
withholding
34 303
58 725
-
-
total
34 303
58 725
-
-
Income
238 500
238 500
238 500
238 500
Total tax
96 984
129 440
58 243
50 451
After tax
141 516
109 060
180 257
188 049
Living cost
75 856
75 856
75 856
75 856
Free-cash
65 660
33 204
104 401
112 193

Estimated living cost  is ₽75856 per week

₽49328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽931
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽69080
₽74239
₽89632
₽102415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
33 335
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.

-
-
-
6 484
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.

-
-
-
4 490
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.

-
-
-
81 631
total
-
-
-
125 940
Employee

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

57 040
-
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.

369
-
4 490
-
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.

6 707
-
81 631
-
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.

6 484
-
6 484
-
total
13 560
-
92 605
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 460
238 500
-
-
trade
31 120
40 904
-
-
income
27 219
35 776
-
-
chamber of commerce
400
479
-
-
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.

1 497
1 967
-
-
total
60 236
79 126
-
-
Dividends
121 225
159 375
-
-
withholding
29 946
39 483
-
-
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.

1 646
2 172
-
-
total
31 592
41 655
-
-
Income
238 500
238 500
238 500
238 500
Total tax
105 388
120 781
92 605
125 940
After tax
133 112
117 719
145 895
112 560
Living cost
43 480
43 480
43 480
43 480
Free-cash
89 632
74 239
102 415
69 080

Estimated living cost  is ₽43480 per week

₽31756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95873
₽87730
₽93341
₽87302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
35 729
health
-
-
-
12 313
surtax
-
-
-
-
other
-
-
-
7 394
social contributions
-
-
-
6 794
income
-
-
-
47 925
total
-
-
-
110 155
Employee
40 621
-
180 826
-
social contributions
1 158
-
5 151
-
surtax
-
-
-
-
pensions
4 593
-
14 133
-
income
2 397
-
41 769
-
total
8 148
-
61 053
-
Employer
40 621
-
180 826
-
pensions
6 673
-
23 513
-
social contributions
122
-
542
-
other
1 401
-
7 719
-
unemployment
1 644
-
7 323
-
health
2 844
-
18 576
-
total
12 684
-
57 673
-
Corporate
185 194
238 500
-
-
income
51 854
66 780
-
-
surtax
-
-
-
-
total
51 854
66 780
-
-
Dividends
133 339
171 720
-
-
withholding
17 067
21 981
-
-
surtax
-
-
-
-
social contributions
22 934
29 537
-
-
total
40 001
51 518
-
-
Income
238 500
238 500
238 500
238 500
Total tax
112 687
118 298
118 726
110 155
After tax
125 813
120 202
119 774
128 345
Living cost
32 472
32 472
32 472
32 472
Free-cash
93 341
87 730
87 302
95 873

Estimated living cost  is ₽32472 per week

₽20475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99090
₽90947
₽96221
₽90519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
35 729
health
-
-
-
12 313
surtax
-
-
-
-
other
-
-
-
7 394
social contributions
-
-
-
6 794
income
-
-
-
47 925
total
-
-
-
110 155
Employee
36 260
-
180 826
-
social contributions
1 034
-
5 151
-
surtax
-
-
-
-
pensions
4 101
-
14 133
-
income
1 870
-
41 769
-
total
7 005
-
61 053
-
Employer
36 260
-
180 826
-
pensions
5 958
-
23 513
-
social contributions
108
-
542
-
other
1 252
-
7 719
-
unemployment
1 468
-
7 323
-
health
2 538
-
18 576
-
total
11 324
-
57 673
-
Corporate
190 917
238 500
-
-
income
53 457
66 780
-
-
surtax
-
-
-
-
total
53 457
66 780
-
-
Dividends
137 459
171 720
-
-
withholding
17 595
21 981
-
-
surtax
-
-
-
-
social contributions
23 643
29 537
-
-
total
41 238
51 518
-
-
Income
238 500
238 500
238 500
238 500
Total tax
113 024
118 298
118 726
110 155
After tax
125 476
120 202
119 774
128 345
Living cost
29 255
29 255
29 255
29 255
Free-cash
96 221
90 947
90 519
99 090

Estimated living cost  is ₽29255 per week

₽16967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133036
₽125380
₽125873
₽126023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 648
social contributions
-
-
-
32 914
income
-
-
-
35 776
total
-
-
-
85 338
Employee
32 181
-
238 500
-
social contributions
4 442
-
32 914
-
income
5 367
-
42 789
-
health
2 246
-
16 648
-
total
12 055
-
92 351
-
Employer
32 181
-
238 500
-
total
-
-
-
-
Corporate
206 319
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%.

10 317
11 925
-
-
total
10 317
11 925
-
-
Dividends
196 002
226 575
-
-
withholding
29 400
33 985
-
-
social contributions
27 048
31 268
-
-
health
13 681
15 816
-
-
total
70 129
81 069
-
-
Income
238 500
238 500
238 500
238 500
Total tax
92 501
92 994
92 351
85 338
After tax
145 999
145 506
146 149
153 162
Living cost
20 126
20 126
20 126
20 126
Free-cash
125 873
125 380
126 023
133 036

Estimated living cost  is ₽20126 per week

₽13469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88329
₽97838
₽96369
₽28468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 513
health
-
-
-
8 482
surtax
-
-
-
187
unemployment
-
-
-
5 821
income
-
-
-
80 770
chamber of commerce
-
-
-
955
total
-
-
-
116 728
Employee
47 433
37 824
199 902
-
pensions
4 858
3 872
11 354
-
other
474
378
1 109
-
unemployment
1 423
1 135
3 327
-
income
5 400
2 790
68 837
-
health
1 835
1 464
4 290
-
total
13 990
9 639
88 917
-
Employer
47 433
37 824
199 902
-
payroll
1 423
1 135
5 998
-
chamber of commerce
189
151
800
-
pensions
5 953
4 748
13 916
-
surtax
187
187
187
-
other
2 253
1 796
8 737
-
unemployment
1 423
1 135
3 327
-
accident
616
492
1 441
-
health
1 792
1 430
4 191
-
total
13 836
11 074
38 597
-
Corporate
177 231
189 603
196 301
-
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.

44 308
47 400
49 075
-
total
44 308
47 400
49 075
-
Dividends
132 923
142 203
-
-
withholding
36 554
39 106
-
-
total
36 554
39 106
-
-
Income
238 500
238 500
238 500
238 500
Total tax
108 688
107 219
176 589
116 728
After tax
129 812
131 281
61 911
121 772
Living cost
33 443
33 443
33 443
33 443
Free-cash
96 369
97 838
28 468
88 329

Estimated living cost  is ₽33443 per week

₽22305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2853
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.
₽7736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69252
₽94881
₽84396
₽45384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 663
communal

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

-
-
-
12 891
national
-
-
-
98 088
total
-
-
-
134 642
Employee

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

67 891
-
184 727
-
national
20 872
-
70 961
-
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.

5 092
-
13 854
-
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.

591
-
1 607
-
communal

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

3 541
-
9 634
-
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.

3 190
-
8 681
-
total
33 286
-
104 737
-
Employer

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

67 891
-
184 727
-
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.

6 016
-
16 367
-
surtax
7 698
-
20 947
-
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.

991
-
2 696
-
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.

883
-
2 403
-
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.

4 175
-
11 360
-
total
19 763
-
53 773
-
Corporate
150 847
238 500
-
-
income
30 169
52 955
-
-
surtax
603
1 059
-
-
total
30 772
54 014
-
-
Dividends
120 075
184 486
-
-
withholding

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

35 677
54 999
-
-
total
35 677
54 999
-
-
Income
238 500
238 500
238 500
238 500
Total tax
119 498
109 013
158 510
134 642
After tax
119 002
129 487
79 990
103 858
Living cost
34 606
34 606
34 606
34 606
Free-cash
84 396
94 881
45 384
69 252

Estimated living cost  is ₽34606 per week

₽22291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98771
₽123838
₽117336
₽94788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 895
other
-
-
-
88
unemployment
-
-
-
616
accident
-
-
-
792
income
-
-
-
79 061
total
-
-
-
105 452
Employee
47 245
-
210 455
-
pensions
2 221
-
4 135
-
other
47
-
88
-
unemployment
733
-
1 363
-
income
9 968
-
75 803
-
total
12 969
-
81 389
-
Employer
47 245
-
210 455
-
pensions
11 149
-
20 762
-
other
376
-
704
-
unemployment
2 599
-
4 838
-
accident
935
-
1 742
-
total
15 059
-
28 046
-
Corporate
176 196
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.

26 430
35 776
-
-
total
26 430
35 776
-
-
Dividends
149 766
202 724
-
-
withholding
32 429
44 609
-
-
total
32 429
44 609
-
-
Income
238 500
238 500
238 500
238 500
Total tax
86 887
80 385
109 435
105 452
After tax
151 613
158 115
129 065
133 048
Living cost
34 277
34 277
34 277
34 277
Free-cash
117 336
123 838
94 788
98 771

Estimated living cost  is ₽34277 per week

₽25241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2432
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.
₽6109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60018
₽81297
₽68243
₽67799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
33 723
health
-
-
-
15 807
surtax
-
-
-
12 041
accident
-
-
-
1 897
communal
-
-
-
15 074
income
-
-
-
48 361
total
-
-
-
126 903
Employee
71 876
-
213 039
-
surtax
4 406
-
13 056
-
pensions
5 749
-
17 042
-
income
6 942
-
54 085
-
health
3 199
-
9 481
-
total
20 296
-
93 664
-
Employer
71 876
-
213 039
-
pensions
5 749
-
17 042
-
accident
647
-
1 918
-
health
2 192
-
6 498
-
total
8 588
-
25 458
-
Corporate
158 036
238 500
-
-
communal
10 668
16 098
-
-
income
23 705
35 776
-
-
surtax
1 659
2 504
-
-
total
36 032
54 378
-
-
Dividends
122 005
184 122
-
-
withholding
18 301
27 618
-
-
income
35 461
23 628
-
-
total
53 762
51 246
-
-
Income
238 500
238 500
238 500
238 500
Total tax
118 678
105 624
119 122
126 903
After tax
119 822
132 876
119 378
111 597
Living cost
51 579
51 579
51 579
51 579
Free-cash
68 243
81 297
67 799
60 018

Estimated living cost  is ₽51579 per week

₽38692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽90602
₽128700
₽125680
₽84798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 335
health
-
-
-
8 993
surtax
-
-
-
13 584
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
78 452
total
-
-
-
126 580
Employee
31 963
-
211 836
-
surtax
113
-
12 449
-
pensions
2 133
-
8 449
-
other
-
-
-
-
unemployment
2 224
-
8 817
-
income
5 358
-
72 775
-
health
816
-
3 229
-
total
10 644
-
105 719
-
Employer
31 963
-
211 836
-
pensions
4 261
-
16 886
-
other
-
-
-
-
unemployment
1 014
-
4 015
-
health
1 454
-
5 764
-
total
6 729
-
26 665
-
Corporate
199 808
238 500
-
-
income
51 950
62 009
-
-
total
51 950
62 009
-
-
Dividends
147 858
176 491
-
-
withholding
22 179
26 473
-
-
total
22 179
26 473
-
-
Income
238 500
238 500
238 500
238 500
Total tax
91 502
88 482
132 384
126 580
After tax
146 998
150 018
106 116
111 920
Living cost
21 318
21 318
21 318
21 318
Free-cash
125 680
128 700
84 798
90 602

Estimated living cost  is ₽21318 per week

₽12871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90198
₽99793
₽97687
₽82193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 527
regional
-
-
-
3 877
social contributions
-
-
-
47 503
national
-
-
-
69 828
total
-
-
-
122 735
Employee
52 649
-
238 500
-
social contributions
17 754
-
62 278
-
municipal
279
-
1 410
-
regional
709
-
3 578
-
national
8 341
-
63 474
-
total
27 083
-
130 740
-
Employer
52 649
-
238 500
-
total
-
-
-
-
Corporate
185 851
238 500
-
-
nationa
44 605
57 240
-
-
municipal
9 236
11 853
-
-
total
53 841
69 093
-
-
Dividends
132 010
169 407
-
-
withholding
34 322
44 047
-
-
total
34 322
44 047
-
-
Income
238 500
238 500
238 500
238 500
Total tax
115 246
113 140
130 740
122 735
After tax
123 254
125 360
107 760
115 765
Living cost
25 567
25 567
25 567
25 567
Free-cash
97 687
99 793
82 193
90 198

Estimated living cost  is ₽25567 per week

₽15900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6639
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113524
₽135149
₽124782
₽102832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 198
social contributions
-
-
-
33 932
solidarity contribution
-
-
-
3 932
income
-
-
-
25 856
total
-
-
-
95 918
Employee
42 732
-
192 155
-
social contributions
2 778
-
7 553
-
income
5 128
-
23 799
-
solidarity contribution
-
-
2 972
-
health
5 769
-
25 941
-
total
13 675
-
60 265
-
Employer
42 732
-
192 155
-
social contributions
10 683
-
29 051
-
health
3 846
-
17 294
-
total
14 529
-
46 345
-
Corporate
181 239
238 500
-
-
income
34 435
45 315
-
-
total
34 435
45 315
-
-
Dividends
146 804
193 185
-
-
withholding
22 021
28 978
-
-
total
22 021
28 978
-
-
Income
238 500
238 500
238 500
238 500
Total tax
84 660
74 293
106 610
95 918
After tax
153 840
164 207
131 890
142 582
Living cost
29 058
29 058
29 058
29 058
Free-cash
124 782
135 149
102 832
113 524

Estimated living cost  is ₽29058 per week

₽21609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1610
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.
₽5336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91679
₽101103
₽100632
₽31673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 513
health
-
-
-
8 482
surtax
-
-
-
-
unemployment
-
-
-
5 821
income
-
-
-
80 770
chamber of commerce
-
-
-
955
total
-
-
-
116 541
Employee
41 489
37 824
200 078
-
pensions
4 249
3 872
11 354
-
other
414
378
1 109
-
unemployment
1 245
1 135
3 327
-
income
3 696
2 790
68 926
-
health
1 605
1 464
4 290
-
total
11 209
9 639
89 006
-
Employer
41 489
37 824
200 078
-
payroll
1 245
1 135
6 003
-
chamber of commerce
166
151
800
-
pensions
5 207
4 748
13 916
-
surtax
-
-
-
-
other
1 970
1 796
8 744
-
unemployment
1 245
1 135
3 327
-
accident
539
492
1 441
-
health
1 569
1 430
4 191
-
total
11 941
10 887
38 422
-
Corporate
185 072
189 790
196 476
-
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.

46 267
47 447
49 119
-
total
46 267
47 447
49 119
-
Dividends
138 804
142 343
-
-
withholding
38 171
39 144
-
-
total
38 171
39 144
-
-
Income
238 500
238 500
238 500
238 500
Total tax
107 588
107 117
176 547
116 541
After tax
130 912
131 383
61 953
121 959
Living cost
30 280
30 280
30 280
30 280
Free-cash
100 632
101 103
31 673
91 679

Estimated living cost  is ₽30280 per week

₽18164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3093
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.
₽8483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽224015
₽214475
₽212206
₽178700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 125
-
238 500
-
income
3 025
-
47 700
-
total
3 025
-
47 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

223 375
238 500
-
-
total
-
-
-
-
Dividends
223 375
238 500
-
-
withholding
11 169
11 925
-
-
total
11 169
11 925
-
-
Income
238 500
238 500
238 500
238 500
Total tax
14 194
11 925
47 700
2 385
After tax
224 306
226 575
190 800
236 115
Living cost
12 100
12 100
12 100
12 100
Free-cash
212 206
214 475
178 700
224 015

Estimated living cost  is ₽12100 per week

₽8188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽508
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.
₽2998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82633
₽138750
₽130810
₽77458
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
43 557
health
-
-
-
23 469
unemployment
-
-
-
358
income
-
-
-
63 026
total
-
-
-
130 410
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.

41 970
-
206 368
-
pensions
6 506
-
31 986
-
unemployment
59
-
288
-
income
7 238
-
57 848
-
health
2 711
-
13 332
-
total
16 514
-
103 454
-
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.

41 970
-
206 368
-
pensions
3 714
-
18 263
-
unemployment
25
-
124
-
health
2 795
-
13 744
-
total
6 534
-
32 131
-
Corporate
189 995
238 500
-
-
income
36 100
45 315
-
-
total
36 100
45 315
-
-
Dividends
153 895
193 185
-
-
withholding
23 085
28 978
-
-
total
23 085
28 978
-
-
Income
238 500
238 500
238 500
238 500
Total tax
82 233
74 293
135 585
130 410
After tax
156 267
164 207
102 915
108 090
Living cost
25 457
25 457
25 457
25 457
Free-cash
130 810
138 750
77 458
82 633

Estimated living cost  is ₽25457 per week

₽17471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1632
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.
₽5863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123384
₽103664
₽57984
₽184428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
59 417
-
-
-
social contributions
4 872
-
694
-
income
13 106
-
-
-
total
17 978
-
694
-
Employer
59 417
-
-
-
social contributions
83 778
-
11 940
-
total
83 778
-
11 940
-
Corporate
95 305
238 500
-
-
income
20 967
52 470
-
-
total
20 967
52 470
-
-
Dividends
74 338
186 030
-
-
income
16 354
40 927
-
-
total
16 354
40 927
-
-
Income
238 500
238 500
238 500
238 500
Total tax
139 077
93 397
12 634
73 677
After tax
99 423
145 103
225 866
164 823
Living cost
41 438
41 438
41 438
41 438
Free-cash
57 984
103 664
184 428
123 384

Estimated living cost  is ₽41438 per week

₽26887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93380
₽105886
₽104932
₽73825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
social contributions

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

-
-
-
82 879
income
-
-
-
32 470
total
-
-
-
115 349
Employee
43 652
-
192 728
-
social contributions
4 802
-
21 199
-
surtax
-
-
686
-
income
9 080
-
67 247
-
total
13 882
-
89 132
-
Employer
43 652
-
192 728
-
social contributions
10 367
-
45 772
-
total
10 367
-
45 772
-
Corporate
184 481
238 500
-
-
income
38 740
50 086
-
-
surtax
-
-
-
-
total
38 740
50 086
-
-
Dividends
145 740
188 414
-
-
withholding
40 808
52 757
-
-
total
40 808
52 757
-
-
Income
238 500
238 500
238 500
238 500
Total tax
103 797
102 843
134 904
115 349
After tax
134 703
135 657
103 596
123 151
Living cost
29 771
29 771
29 771
29 771
Free-cash
104 932
105 886
73 825
93 380

Estimated living cost  is ₽29771 per week

₽22275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82504
₽74361
₽80887
₽73933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
35 729
health
-
-
-
12 313
surtax
-
-
-
-
other
-
-
-
7 394
social contributions
-
-
-
6 794
income
-
-
-
47 925
total
-
-
-
110 155
Employee
59 445
-
180 826
-
social contributions
1 693
-
5 151
-
surtax
-
-
-
-
pensions
6 724
-
14 133
-
income
5 187
-
41 769
-
total
13 604
-
61 053
-
Employer
59 445
-
180 826
-
pensions
9 768
-
23 513
-
social contributions
178
-
542
-
other
2 051
-
7 719
-
unemployment
2 408
-
7 323
-
health
4 161
-
18 576
-
total
18 566
-
57 673
-
Corporate
160 489
238 500
-
-
income
44 936
66 780
-
-
surtax
-
-
-
-
total
44 936
66 780
-
-
Dividends
115 553
171 720
-
-
withholding
14 791
21 981
-
-
surtax
-
-
-
-
social contributions
19 875
29 537
-
-
total
34 666
51 518
-
-
Income
238 500
238 500
238 500
238 500
Total tax
111 772
118 298
118 726
110 155
After tax
126 728
120 202
119 774
128 345
Living cost
45 841
45 841
45 841
45 841
Free-cash
80 887
74 361
73 933
82 504

Estimated living cost  is ₽45841 per week

₽31024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144660
₽186119
₽182931
₽150998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 470
income
-
-
-
12 840
total
-
-
-
65 310
Employee
30 513
-
206 494
-
social contributions
1 983
-
13 422
-
income
-
-
13 544
-
total
1 983
-
26 966
-
Employer
30 513
-
206 494
-
social contributions
4 730
-
32 006
-
total
4 730
-
32 006
-
Corporate
203 257
238 500
-
-
income
20 326
23 851
-
-
total
20 326
23 851
-
-
Dividends
182 931
214 649
-
-
total
-
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
27 039
23 851
58 972
65 310
After tax
211 461
214 649
179 528
173 190
Living cost
28 530
28 530
28 530
28 530
Free-cash
182 931
186 119
150 998
144 660

Estimated living cost  is ₽28530 per week

₽18447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90875
₽31959
₽16411
₽31959
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
51 805
pensions
-
-
-
822
labour market
-
-
-
19 014
national
-
-
-
30 330
total
-
-
-
101 971
Employee
192 696
192 696
192 696
-
municipal
41 033
41 033
41 033
-
national
23 541
23 541
23 541
-
pensions
274
274
274
-
labour market
15 394
15 394
15 394
-
total
80 242
80 242
80 242
-
Employer
192 696
192 696
192 696
-
labour market
15 416
15 416
15 416
-
pensions
548
548
548
-
municipal
41 099
41 099
41 099
-
national
23 582
23 582
23 582
-
total
80 645
80 645
80 645
-
Corporate
31 959
-
-
-
income
7 031
-
-
-
total
7 031
-
-
-
Dividends
24 928
-
-
-
withholding
8 517
-
-
-
total
8 517
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
176 435
160 887
160 887
101 971
After tax
62 065
77 613
77 613
136 529
Living cost
45 654
45 654
45 654
45 654
Free-cash
16 411
31 959
31 959
90 875

Estimated living cost  is ₽45654 per week

₽31246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽702
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141903
-₽1570
₽16115
₽111074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
68 996
total
-
-
-
75 708
Employee
32 860
-
218 865
-
pensions
3 700
-
7 353
-
income
4 508
-
54 489
-
health
3 763
-
25 060
-
total
11 971
-
86 902
-
Employer
32 860
-
218 865
-
pensions
5 343
-
10 618
-
unemployment
805
-
5 362
-
accident
549
-
3 655
-
total
6 697
-
19 635
-
Corporate
198 943
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.

179 048
214 650
-
-
total
179 048
214 650
-
-
Dividends
19 895
23 850
-
-
withholding
3 780
4 531
-
-
total
3 780
4 531
-
-
Income
238 500
238 500
238 500
238 500
Total tax
201 496
219 181
106 537
75 708
After tax
37 004
19 319
131 963
162 792
Living cost
20 889
20 889
20 889
20 889
Free-cash
16 115
-1 570
111 074
141 903

Estimated living cost  is ₽20889 per week

₽15205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107028
₽107977
₽111512
₽79710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
42 341
health
-
-
-
3 276
national
-
-
-
49 416
total
-
-
-
95 033
Employee
49 935
-
200 640
-
municipal
8 179
-
32 651
-
national
825
-
32 594
-
pensions
3 370
-
13 543
-
unemployment
749
-
3 010
-
health
373
-
2 694
-
total
13 496
-
84 492
-
Employer
49 935
-
200 640
-
pensions
8 663
-
34 810
-
unemployment
324
-
1 304
-
accident
50
-
200
-
health
384
-
1 545
-
total
9 421
-
37 859
-
Corporate
179 143
238 500
-
-
income
35 828
47 699
-
-
total
35 828
47 699
-
-
Dividends

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

107 486
143 101
-
-
municipal
19 348
25 758
-
-
national
12 456
20 627
-
-
total
31 804
46 385
-
-
Income
238 500
238 500
238 500
238 500
Total tax
90 549
94 084
122 351
95 033
After tax
147 951
144 416
116 149
143 467
Living cost
36 439
36 439
36 439
36 439
Free-cash
111 512
107 977
79 710
107 028

Estimated living cost  is ₽36439 per week

₽23802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
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.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137469
₽151780
₽146614
₽135564
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 082
social contributions
-
-
-
15 356
income
-
-
-
57 618
total
-
-
-
79 056
Employee
72 983
72 983
226 146
-
social contributions
2 759
6 057
8 170
-
income
7 947
6 756
56 593
-
health
566
1 241
3 844
-
total
11 272
14 054
68 607
-
Employer
72 983
72 983
226 146
-
social contributions
2 759
6 057
8 170
-
health
614
1 351
4 184
-
total
3 373
7 408
12 354
-
Corporate
201 880
158 109
-
-
income
25 236
19 764
-
-
total
25 236
19 764
-
-
Dividends
176 645
138 346
-
-
withholding
30 030
23 519
-
-
total
30 030
23 519
-
-
Income
238 500
238 500
238 500
238 500
Total tax
69 911
64 745
80 961
79 056
After tax
168 589
173 755
157 539
159 444
Living cost
21 975
21 975
21 975
21 975
Free-cash
146 614
151 780
135 564
137 469

Estimated living cost  is ₽21975 per week

₽13170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽189078
₽182432
₽177603
₽170041
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 037
health
-
-
-
3 435
unemployment
-
-
-
27
income
-
-
-
24 854
total
-
-
-
34 353
Employee

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

21 785
-
229 224
-
pensions
3 267
-
13 508
-
unemployment
108
-
450
-
income
1 490
-
22 502
-
health
1 852
-
7 655
-
total
6 717
-
44 115
-
Employer

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

21 785
-
229 224
-
pensions
1 198
-
4 953
-
unemployment
108
-
450
-
health
937
-
3 872
-
total
2 243
-
9 275
-
Corporate
214 472
238 500
-
-
income
19 303
21 466
-
-
total
19 303
21 466
-
-
Dividends
195 169
217 034
-
-
withholding
17 565
19 533
-
-
total
17 565
19 533
-
-
Income
238 500
238 500
238 500
238 500
Total tax
45 828
40 999
53 390
34 353
After tax
192 672
197 501
185 110
204 147
Living cost
15 069
15 069
15 069
15 069
Free-cash
177 603
182 432
170 041
189 078

Estimated living cost  is ₽15069 per week

₽9614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1086
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.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106948
₽132015
₽127824
₽102965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 895
other
-
-
-
88
unemployment
-
-
-
616
accident
-
-
-
792
income
-
-
-
79 061
total
-
-
-
105 452
Employee
35 094
-
210 455
-
pensions
1 650
-
4 135
-
other
34
-
88
-
unemployment
544
-
1 363
-
income
6 766
-
75 803
-
total
8 994
-
81 389
-
Employer
35 094
-
210 455
-
pensions
8 282
-
20 762
-
other
281
-
704
-
unemployment
1 931
-
4 838
-
accident
695
-
1 742
-
total
11 189
-
28 046
-
Corporate
192 217
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.

28 832
35 776
-
-
total
28 832
35 776
-
-
Dividends
163 384
202 724
-
-
withholding
35 561
44 609
-
-
total
35 561
44 609
-
-
Income
238 500
238 500
238 500
238 500
Total tax
84 576
80 385
109 435
105 452
After tax
153 924
158 115
129 065
133 048
Living cost
26 100
26 100
26 100
26 100
Free-cash
127 824
132 015
102 965
106 948

Estimated living cost  is ₽26100 per week

₽17617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152090
₽146975
₽146670
₽151959
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 349
health
-
-
-
978
income
-
-
-
82 234
total
-
-
-
84 561
Employee
2 817
-
236 982
-
pensions
254
-
607
-
unemployment
28
-
67
-
income
545
-
82 163
-
health
141
-
337
-
total
968
-
83 174
-
Employer
2 817
-
236 982
-
pensions
310
-
742
-
unemployment
56
-
135
-
health
268
-
641
-
total
634
-
1 518
-
Corporate
235 049
238 500
-
-
income
51 711
52 470
-
-
total
51 711
52 470
-
-
Dividends
183 338
186 030
-
-
withholding
36 668
37 206
-
-
total
36 668
37 206
-
-
Income
238 500
238 500
238 500
238 500
Total tax
89 981
89 676
84 692
84 561
After tax
148 519
148 824
153 808
153 939
Living cost
1 849
1 849
1 849
1 849
Free-cash
146 670
146 975
151 959
152 090

Estimated living cost  is ₽1849 per week

₽1099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139933
₽155912
₽151245
₽139935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 227
health
-
-
-
7 221
unemployment
-
-
-
1 052
income
-
-
-
55 663
total
-
-
-
82 163
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.

24 737
-
225 952
-
pensions
3 463
-
9 814
-
unemployment
186
-
526
-
income
3 410
-
55 663
-
health
1 274
-
3 610
-
total
8 333
-
69 613
-
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.

24 737
-
225 952
-
pensions
2 968
-
8 412
-
unemployment
186
-
526
-
health
1 274
-
3 610
-
total
4 428
-
12 548
-
Corporate
209 335
238 500
-
-
income
31 400
35 775
-
-
total
31 400
35 775
-
-
Dividends
177 935
202 725
-
-
withholding
26 690
30 409
-
-
total
26 690
30 409
-
-
Income
238 500
238 500
238 500
238 500
Total tax
70 851
66 184
82 161
82 163
After tax
167 649
172 316
156 339
156 337
Living cost
16 404
16 404
16 404
16 404
Free-cash
151 245
155 912
139 935
139 933

Estimated living cost  is ₽16404 per week

₽11045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97564
₽110070
₽109728
₽78008
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
social contributions

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

-
-
-
82 879
income
-
-
-
32 470
total
-
-
-
115 349
Employee
36 837
-
192 728
-
social contributions
4 053
-
21 199
-
surtax
-
-
686
-
income
7 198
-
67 247
-
total
11 251
-
89 132
-
Employer
36 837
-
192 728
-
social contributions
8 748
-
45 772
-
total
8 748
-
45 772
-
Corporate
192 915
238 500
-
-
income
40 513
50 086
-
-
surtax
-
-
-
-
total
40 513
50 086
-
-
Dividends
152 402
188 414
-
-
withholding
42 672
52 757
-
-
total
42 672
52 757
-
-
Income
238 500
238 500
238 500
238 500
Total tax
103 184
102 843
134 904
115 349
After tax
135 316
135 657
103 596
123 151
Living cost
25 588
25 588
25 588
25 588
Free-cash
109 728
110 070
78 008
97 564

Estimated living cost  is ₽25588 per week

₽18123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99692
₽124759
₽118548
₽95709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 895
other
-
-
-
88
unemployment
-
-
-
616
accident
-
-
-
792
income
-
-
-
79 061
total
-
-
-
105 452
Employee
45 838
-
210 455
-
pensions
2 154
-
4 135
-
other
45
-
88
-
unemployment
710
-
1 363
-
income
9 574
-
75 803
-
total
12 483
-
81 389
-
Employer
45 838
-
210 455
-
pensions
10 818
-
20 762
-
other
367
-
704
-
unemployment
2 522
-
4 838
-
accident
908
-
1 742
-
total
14 615
-
28 046
-
Corporate
178 048
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.

26 707
35 776
-
-
total
26 707
35 776
-
-
Dividends
151 341
202 724
-
-
withholding
32 791
44 609
-
-
total
32 791
44 609
-
-
Income
238 500
238 500
238 500
238 500
Total tax
86 596
80 385
109 435
105 452
After tax
151 904
158 115
129 065
133 048
Living cost
33 356
33 356
33 356
33 356
Free-cash
118 548
124 759
95 709
99 692

Estimated living cost  is ₽33356 per week

₽23955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
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.
₽6338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177560
₽187599
₽181819
₽187686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 904
health
-
-
-
3 810
unemployment
-
-
-
133
income
-
-
-
35 775
total
-
-
-
44 622
Employee
21 607
-
231 999
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

1 897
-
2 909
-
income
2 161
-
23 199
-
health
994
-
1 524
-
total
5 289
-
27 996
-
Employer
21 607
-
231 999
-
pensions

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

2 381
-
3 651
-
unemployment
130
-
199
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
health
1 491
-
2 286
-
total
4 239
-
6 500
-
Corporate
212 653
238 500
-
-
income
21 266
23 850
-
-
total
21 266
23 850
-
-
Dividends
191 388
214 650
-
-
withholding
9 569
10 733
-
-
total
9 569
10 733
-
-
Income
238 500
238 500
238 500
238 500
Total tax
40 363
34 583
34 496
44 622
After tax
198 137
203 917
204 004
193 878
Living cost
16 318
16 318
16 318
16 318
Free-cash
181 819
187 599
187 686
177 560

Estimated living cost  is ₽16318 per week

₽10793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81360
₽85982
₽98401
₽109252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
27 892
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.

-
-
-
6 484
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.

-
-
-
4 490
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.

-
-
-
81 631
total
-
-
-
120 497
Employee

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

47 224
-
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.

214
-
4 490
-
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.

3 883
-
81 631
-
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.

6 484
-
6 484
-
total
10 581
-
92 605
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 276
238 500
-
-
trade
27 447
34 225
-
-
income
28 692
35 776
-
-
chamber of commerce
425
494
-
-
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.

1 578
1 967
-
-
total
58 142
72 462
-
-
Dividends
133 133
166 039
-
-
withholding
32 923
41 149
-
-
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.

1 810
2 264
-
-
total
34 733
43 413
-
-
Income
238 500
238 500
238 500
238 500
Total tax
103 456
115 875
92 605
120 497
After tax
135 044
122 625
145 895
118 003
Living cost
36 643
36 643
36 643
36 643
Free-cash
98 401
85 982
109 252
81 360

Estimated living cost  is ₽36643 per week

₽25277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63279
₽112884
₽114980
₽63279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 442
income
-
-
-
79 713
total
-
-
-
121 155
Employee
74 242
-
238 500
-
social contributions
6 168
-
41 442
-
income
14 009
-
79 713
-
total
20 177
-
121 155
-
Employer
74 242
-
238 500
-
total
-
-
-
-
Corporate
164 258
238 500
-
-
income
20 533
29 812
-
-
total
20 533
29 812
-
-
Dividends
143 725
208 688
-
-
withholding
28 744
41 738
-
-
total
28 744
41 738
-
-
Income
238 500
238 500
238 500
238 500
Total tax
69 454
71 550
121 155
121 155
After tax
169 046
166 950
117 345
117 345
Living cost
54 066
54 066
54 066
54 066
Free-cash
114 980
112 884
63 279
63 279

Estimated living cost  is ₽54066 per week

₽41132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162443
₽115558
₽118877
₽130773
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 828
income
-
-
-
35 776
total
-
-
-
41 604
Employee
43 540
-
234 134
-
social contributions
4 362
-
4 366
-
income
4 724
-
64 542
-
total
9 086
-
68 908
-
Employer
43 540
-
234 134
-
social contributions
4 362
-
4 366
-
total
4 362
-
4 366
-
Corporate
190 598
238 500
-
-
income
66 708
83 475
-
-
total
66 708
83 475
-
-
Dividends
123 889
155 025
-
-
social contributions
5 014
5 014
-
-
total
5 014
5 014
-
-
Income
238 500
238 500
238 500
238 500
Total tax
85 170
88 489
73 274
41 604
After tax
153 330
150 011
165 226
196 896
Living cost
34 453
34 453
34 453
34 453
Free-cash
118 877
115 558
130 773
162 443

Estimated living cost  is ₽34453 per week

₽22694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117801
₽113370
₽118927
₽96620
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 908
income
-
-
-
75 937
total
-
-
-
85 845
Employee
47 843
-
207 667
-
pensions
3 652
-
11 649
-
income
8 713
-
61 818
-
health
624
-
2 726
-
total
12 989
-
76 193
-
Employer
47 843
-
207 667
-
pensions
4 834
-
26 888
-
health
909
-
3 945
-
total
5 743
-
30 833
-
Corporate
184 915
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.

35 133
45 315
-
-
total
35 133
45 315
-
-
Dividends
149 781
193 185
-
-
withholding
30 854
44 961
-
-
total
30 854
44 961
-
-
Income
238 500
238 500
238 500
238 500
Total tax
84 719
90 276
107 026
85 845
After tax
153 781
148 224
131 474
152 655
Living cost
34 854
34 854
34 854
34 854
Free-cash
118 927
113 370
96 620
117 801

Estimated living cost  is ₽34854 per week

₽23910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽139835
-₽3638
₽15798
₽109006
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
68 996
total
-
-
-
75 708
Employee
36 113
-
218 865
-
pensions
4 066
-
7 353
-
income
4 954
-
54 489
-
health
4 135
-
25 060
-
total
13 155
-
86 902
-
Employer
36 113
-
218 865
-
pensions
5 872
-
10 618
-
unemployment
885
-
5 362
-
accident
603
-
3 655
-
total
7 360
-
19 635
-
Corporate
195 028
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.

175 525
214 650
-
-
total
175 525
214 650
-
-
Dividends
19 503
23 850
-
-
withholding
3 705
4 531
-
-
total
3 705
4 531
-
-
Income
238 500
238 500
238 500
238 500
Total tax
199 745
219 181
106 537
75 708
After tax
38 755
19 319
131 963
162 792
Living cost
22 957
22 957
22 957
22 957
Free-cash
15 798
-3 638
109 006
139 835

Estimated living cost  is ₽22957 per week

₽16848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143571
₽169640
₽166771
₽164427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
27 911
health insurance
-
-
-
11 225
work injury
-
-
-
758
unemployment
-
-
-
1 820
income
-
-
-
40 403
total
-
-
-
82 117
Employee

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

20 500
-
238 500
-
pensions
3 772
-
13 956
-
health insurance
1 517
-
5 613
-
unemployment
246
-
910
-
income
2 050
-
40 403
-
work injury
102
-
379
-
total
7 687
-
61 261
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
218 000
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%.

21 800
23 850
-
-
total
21 800
23 850
-
-
Dividends
196 200
214 650
-
-
withholding
29 430
32 198
-
-
total
29 430
32 198
-
-
Income
238 500
238 500
238 500
238 500
Total tax
58 917
56 048
61 261
82 117
After tax
179 583
182 452
177 239
156 383
Living cost
12 812
12 812
12 812
12 812
Free-cash
166 771
169 640
164 427
143 571

Estimated living cost  is ₽12812 per week

₽7937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75596
₽87814
₽83499
₽67798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 718
regional
-
-
-
6 044
social contributions
-
-
-
47 503
national
-
-
-
69 828
total
-
-
-
125 093
Employee
79 979
-
238 500
-
social contributions
26 968
-
62 278
-
municipal
477
-
1 587
-
regional
1 207
-
5 552
-
national
13 516
-
63 474
-
total
42 168
-
132 891
-
Employer
79 979
-
238 500
-
total
-
-
-
-
Corporate
158 521
238 500
-
-
nationa
38 045
57 240
-
-
municipal
7 640
11 497
-
-
total
45 685
68 737
-
-
Dividends
112 836
169 764
-
-
withholding
29 337
44 138
-
-
total
29 337
44 138
-
-
Income
238 500
238 500
238 500
238 500
Total tax
117 190
112 875
132 891
125 093
After tax
121 310
125 625
105 609
113 407
Living cost
37 811
37 811
37 811
37 811
Free-cash
83 499
87 814
67 798
75 596

Estimated living cost  is ₽37811 per week

₽26559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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