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
₽117418
₽91916
₽86685
₽102233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 507
trade
-
-
-
30 733
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.

-
-
-
81 951
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.

-
-
-
6 372
total
-
-
-
123 563
Employee

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

35 675
-
238 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 372
-
6 372
-
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.

55
-
4 507
-
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.

997
-
81 951
-
total
7 424
-
92 830
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
202 825
238 500
-
-
chamber of commerce
434
485
-
-
trade
31 946
37 564
-
-
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.

1 673
1 968
-
-
income
30 423
35 774
-
-
total
64 476
75 791
-
-
Dividends
138 350
162 709
-
-
withholding
34 232
40 323
-
-
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.

1 883
2 218
-
-
total
36 115
42 541
-
-
Income
238 500
238 500
238 500
238 500
Total tax
108 015
118 332
92 830
123 563
After tax
130 485
120 168
145 670
114 937
Living cost
28 252
28 252
28 252
28 252
Free-cash
102 233
91 916
117 418
86 685

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86120
₽99087
₽84838
₽98260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 593
social contributions
-
-
-
2 564
national
-
-
-
46 148
pensions
-
-
-
28 620
total
-
-
-
103 925
Employee
77 101
-
206 181
-
pensions
3 084
-
8 247
-
national
14 757
-
48 170
-
municipal
9 523
-
27 516
-
total
27 364
-
83 933
-
Employer
77 101
-
206 181
-
pensions
6 168
-
16 494
-
social contributions
829
-
2 216
-
total
6 997
-
18 710
-
Corporate
149 313
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%.

29 863
47 700
-
-
total
29 863
47 700
-
-
Dividends
119 450
190 800
-
-
withholding
26 279
41 976
-
-
total
26 279
41 976
-
-
Income
238 500
238 500
238 500
238 500
Total tax
90 503
89 676
102 643
103 925
After tax
147 997
148 824
135 857
134 575
Living cost
49 737
49 737
49 737
49 737
Free-cash
98 260
99 087
86 120
84 838

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85798
₽171394
₽69271
₽163744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
surtax
-
-
-
60 818
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.

-
-
-
35 737
income
-
-
-
53 269
total
-
-
-
149 824
Employee
27 255
-
190 739
-
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.

2 998
-
12 227
-
surtax
-
-
27 657
-
income
4 852
-
45 652
-
total
7 850
-
85 536
-
Employer
27 255
-
190 739
-
surtax
-
-
20 982
-
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.

6 565
-
26 779
-
total
6 565
-
47 761
-
Corporate
204 680
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%.

40 936
47 701
-
-
total
40 936
47 701
-
-
Dividends

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

163 745
190 799
-
-
total
-
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
55 351
47 701
133 297
149 824
After tax
183 149
190 799
105 203
88 676
Living cost
19 405
19 405
19 405
19 405
Free-cash
163 744
171 394
85 798
69 271

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113407
₽80110
₽87436
₽74397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
89 561
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
111 991
Employee
79 651
79 651
221 166
-
health
12 226
10 399
11 502
-
pensions
14 337
10 928
10 928
-
income

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

13 038
13 038
46 256
-
total
39 601
34 365
68 686
-
Employer
79 651
79 651
221 166
-
unemployment
2 867
2 867
3 563
-
health
5 537
5 537
6 880
-
pensions
5 544
5 544
6 891
-
total
13 948
13 948
17 334
-
Corporate
145 878
144 901
-
-
income
29 175
28 981
-
-
total
29 175
28 981
-
-
Dividends
116 702
115 920
-
-
withholding
17 506
17 389
-
-
income
24 800
24 634
-
-
total
42 306
42 023
-
-
Income
238 500
238 500
238 500
238 500
Total tax
125 030
119 317
86 020
111 991
After tax
113 470
119 183
152 480
126 509
Living cost
39 073
39 073
39 073
39 073
Free-cash
74 397
80 110
113 407
87 436

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79421
₽92537
₽80333
₽91692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 986
other
-
-
-
9 597
unemployment
-
-
-
83
national
-
-
-
32 570
pensions
-
-
-
8 928
accident
-
-
-
165
health
-
-
-
5 154
total
-
-
-
120 483
Employee
53 696
-
212 550
-
national
-
-
32 064
-
municipal
16 012
-
63 382
-
total
16 012
-
95 446
-
Employer
53 696
-
212 550
-
unemployment
1 418
-
2 180
-
accident
107
-
165
-
health
3 302
-
5 079
-
pensions
5 804
-
8 928
-
other
6 240
-
9 597
-
total
16 871
-
25 949
-
Corporate
167 932
238 500
-
-
income
36 945
52 470
-
-
total
36 945
52 470
-
-
Dividends
130 987
186 030
-
-
withholding
39 296
55 809
-
-
total
39 296
55 809
-
-
Income
238 500
238 500
238 500
238 500
Total tax
109 124
108 279
121 395
120 483
After tax
129 376
130 221
117 105
118 017
Living cost
37 684
37 684
37 684
37 684
Free-cash
91 692
92 537
79 421
80 333

Estimated living cost  is ₽37684 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽109028
₽82300
₽76928
₽95405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 507
trade
-
-
-
32 100
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.

-
-
-
81 951
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.

-
-
-
6 372
total
-
-
-
124 930
Employee

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

47 301
-
238 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 372
-
6 372
-
surtax

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

223
-
4 507
-
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.

4 064
-
81 951
-
total
10 659
-
92 830
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 199
238 500
-
-
chamber of commerce
414
481
-
-
trade
31 452
39 233
-
-
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.

1 577
1 968
-
-
income
28 680
35 774
-
-
total
62 123
77 456
-
-
Dividends
129 076
161 043
-
-
withholding
31 915
39 907
-
-
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.

1 756
2 195
-
-
total
33 671
42 102
-
-
Income
238 500
238 500
238 500
238 500
Total tax
106 453
119 558
92 830
124 930
After tax
132 047
118 942
145 670
113 570
Living cost
36 642
36 642
36 642
36 642
Free-cash
95 405
82 300
109 028
76 928

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127150
₽143490
₽129047
₽139626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
social contributions
-
-
-
15 091
income
-
-
-
58 027
health
-
-
-
6 082
total
-
-
-
79 200
Employee
71 723
71 723
226 285
-
health
713
1 220
3 846
-
social contributions
3 485
5 953
8 029
-
income
7 531
6 639
57 007
-
total
11 729
13 812
68 882
-
Employer
71 723
71 723
226 285
-
health
777
1 328
4 186
-
social contributions
3 485
5 953
8 029
-
total
4 262
7 281
12 215
-
Corporate
192 255
159 497
-
-
income
24 032
19 938
-
-
total
24 032
19 938
-
-
Dividends
168 223
139 560
-
-
withholding
28 598
23 726
-
-
total
28 598
23 726
-
-
Income
238 500
238 500
238 500
238 500
Total tax
68 621
64 757
81 097
79 200
After tax
169 879
173 743
157 403
159 300
Living cost
30 253
30 253
30 253
30 253
Free-cash
139 626
143 490
127 150
129 047

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121557
₽117113
₽148517
₽117460
S + D Salary + Dividends

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

Dividends

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

Salary

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

24 110
9 596
199 582
-
health
1 688
672
13 971
-
pensions
2 411
960
19 958
-
unemployment
362
144
2 994
-
income
2 948
1 173
24 399
-
total
7 409
2 949
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.

24 110
9 596
199 582
-
pensions
4 702
1 871
38 918
-
total
4 702
1 871
38 918
-
Corporate
209 688
227 033
-
-
income
18 872
20 433
-
-
total
18 872
20 433
-
-
Dividends
190 816
206 600
-
-
withholding
36 255
39 254
-
-
social contributions
37 099
40 177
-
-
total
73 354
79 431
-
-
Income
238 500
238 500
238 500
238 500
Total tax
104 337
104 684
100 240
73 280
After tax
134 163
133 816
138 260
165 220
Living cost
16 703
16 703
16 703
16 703
Free-cash
117 460
117 113
121 557
148 517

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114937
₽168270
₽105306
₽162478
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
31 958
pensions
-
-
-
47 701
health
-
-
-
31 006
total
-
-
-
110 665
Employee
26 460
-
178 250
-
unemployment
423
-
2 852
-
pensions
529
-
3 565
-
income
2 979
-
34 367
-
total
3 931
-
40 784
-
Employer
26 460
-
178 250
-
unemployment
212
-
1 427
-
health
3 439
-
23 173
-
pensions
5 292
-
35 650
-
total
8 943
-
60 250
-
Corporate
203 096
238 500
-
-
income
40 619
47 701
-
-
total
40 619
47 701
-
-
Dividends
162 477
190 799
-
-
total
-
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
53 493
47 701
101 034
110 665
After tax
185 007
190 799
137 466
127 835
Living cost
22 529
22 529
22 529
22 529
Free-cash
162 478
168 270
114 937
105 306

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111239
-₽1510
₽141952
₽16124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
other
-
-
-
351
income
-
-
-
69 125
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
75 719
Employee
32 765
-
219 044
-
health
3 752
-
25 081
-
pensions
3 689
-
7 223
-
income
4 495
-
54 672
-
total
11 936
-
86 976
-
Employer
32 765
-
219 044
-
unemployment
803
-
5 367
-
accident
547
-
3 658
-
pensions
5 328
-
10 431
-
total
6 678
-
19 456
-
Corporate
199 057
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.

179 151
214 650
-
-
total
179 151
214 650
-
-
Dividends
19 906
23 850
-
-
withholding
3 782
4 531
-
-
total
3 782
4 531
-
-
Income
238 500
238 500
238 500
238 500
Total tax
201 547
219 181
106 432
75 719
After tax
36 953
19 319
132 068
162 781
Living cost
20 829
20 829
20 829
20 829
Free-cash
16 124
-1 510
111 239
141 952

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽183246
₽219021
₽228561
₽217605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 443
-
238 500
-
income
1 888
-
47 700
-
total
1 888
-
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%.

229 057
238 500
-
-
total
-
-
-
-
Dividends
229 057
238 500
-
-
withholding
11 453
11 925
-
-
total
11 453
11 925
-
-
Income
238 500
238 500
238 500
238 500
Total tax
13 341
11 925
47 700
2 385
After tax
225 159
226 575
190 800
236 115
Living cost
7 554
7 554
7 554
7 554
Free-cash
217 605
219 021
183 246
228 561

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120801
₽150373
₽122705
₽144075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
other
-
-
-
6 737
income
-
-
-
43 923
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.

-
-
-
34 041
health
-
-
-
6 241
total
-
-
-
90 942
Employee
33 866
-
202 275
-
health
474
-
1 986
-
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.

2 370
-
9 928
-
unemployment
338
-
1 418
-
income
5 830
-
43 288
-
total
9 012
-
56 620
-
Employer
33 866
-
202 275
-
unemployment
338
-
1 418
-
accident
271
-
1 618
-
health
474
-
1 986
-
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.

5 758
-
24 113
-
other
1 694
-
7 091
-
total
8 535
-
36 226
-
Corporate
196 098
238 500
-
-
income
41 180
50 085
-
-
total
41 180
50 085
-
-
Dividends
154 919
188 415
-
-
withholding
10 845
13 189
-
-
total
10 845
13 189
-
-
Income
238 500
238 500
238 500
238 500
Total tax
69 572
63 274
92 846
90 942
After tax
168 928
175 226
145 654
147 558
Living cost
24 853
24 853
24 853
24 853
Free-cash
144 075
150 373
120 801
122 705

Estimated living cost  is ₽24853 per week

₽17560
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.
₽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.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68676
₽85431
₽89858
₽92994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
75 925
pensions
-
-
-
9 911
total
-
-
-
85 836
Employee
88 860
-
207 668
-
health
1 464
-
2 726
-
pensions
8 573
-
11 657
-
income
16 018
-
61 803
-
total
26 055
-
76 186
-
Employer
88 860
-
207 668
-
health
1 688
-
3 946
-
pensions
10 492
-
26 886
-
total
12 180
-
30 832
-
Corporate
137 460
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.

26 117
45 316
-
-
total
26 117
45 316
-
-
Dividends
111 343
193 184
-
-
withholding
18 348
44 947
-
-
total
18 348
44 947
-
-
Income
238 500
238 500
238 500
238 500
Total tax
82 700
90 263
107 018
85 836
After tax
155 800
148 237
131 482
152 664
Living cost
62 806
62 806
62 806
62 806
Free-cash
92 994
85 431
68 676
89 858

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽191939
₽191683
₽181789
₽187350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
35 775
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
44 477
Employee
16 200
-
232 105
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
23 211
-
total
3 965
-
27 931
-
Employer
16 200
-
232 105
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
health
1 118
-
2 249
-
pensions

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
219 121
238 500
-
-
income
21 912
23 850
-
-
total
21 912
23 850
-
-
Dividends
197 209
214 650
-
-
withholding
9 861
10 733
-
-
total
9 861
10 733
-
-
Income
238 500
238 500
238 500
238 500
Total tax
38 916
34 583
34 327
44 477
After tax
199 584
203 917
204 173
194 023
Living cost
12 234
12 234
12 234
12 234
Free-cash
187 350
191 683
191 939
181 789

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100759
₽67462
₽74788
₽69811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
89 561
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
111 991
Employee
86 476
79 651
221 166
-
health
10 788
10 399
11 502
-
pensions
10 928
10 928
10 928
-
income

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

13 038
13 038
46 256
-
total
34 754
34 365
68 686
-
Employer
86 476
79 651
221 166
-
unemployment
3 113
2 867
3 563
-
health
6 009
5 537
6 880
-
pensions
6 018
5 544
6 891
-
total
15 140
13 948
17 334
-
Corporate
136 883
144 901
-
-
income
27 377
28 981
-
-
total
27 377
28 981
-
-
Dividends
109 506
115 920
-
-
withholding
16 426
17 389
-
-
income
23 271
24 634
-
-
total
39 697
42 023
-
-
Income
238 500
238 500
238 500
238 500
Total tax
116 968
119 317
86 020
111 991
After tax
121 532
119 183
152 480
126 509
Living cost
51 721
51 721
51 721
51 721
Free-cash
69 811
67 462
100 759
74 788

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109626
₽141416
₽120406
₽133284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
4 283
social contributions
-
-
-
32 796
income
-
-
-
26 026
health
-
-
-
32 198
total
-
-
-
95 303
Employee
33 517
-
193 047
-
health
4 525
-
26 061
-
social contributions
2 179
-
7 300
-
solidarity contribution
-
-
3 316
-
income
4 022
-
23 953
-
total
10 726
-
60 630
-
Employer
33 517
-
193 047
-
health
3 017
-
17 374
-
social contributions
8 379
-
28 079
-
total
11 396
-
45 453
-
Corporate
193 588
238 500
-
-
income
36 782
45 315
-
-
total
36 782
45 315
-
-
Dividends
156 806
193 185
-
-
withholding
23 521
28 978
-
-
total
23 521
28 978
-
-
Income
238 500
238 500
238 500
238 500
Total tax
82 425
74 293
106 083
95 303
After tax
156 075
164 207
132 417
143 197
Living cost
22 791
22 791
22 791
22 791
Free-cash
133 284
141 416
109 626
120 406

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
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.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69474
₽87892
₽77379
₽83022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 535
social contributions
-
-
-
46 683
national
-
-
-
70 392
regional
-
-
-
3 153
total
-
-
-
121 763
Employee
82 895
-
238 500
-
social contributions
27 952
-
61 202
-
national
14 364
-
64 148
-
regional
782
-
2 900
-
municipal
439
-
1 418
-
total
43 537
-
129 668
-
Employer
82 895
-
238 500
-
total
-
-
-
-
Corporate
155 605
238 500
-
-
municipal
6 069
9 302
-
-
nationa
37 346
57 239
-
-
total
43 415
66 541
-
-
Dividends
112 189
171 959
-
-
withholding
29 168
44 709
-
-
total
29 168
44 709
-
-
Income
238 500
238 500
238 500
238 500
Total tax
116 120
111 250
129 668
121 763
After tax
122 380
127 250
108 832
116 737
Living cost
39 358
39 358
39 358
39 358
Free-cash
83 022
87 892
69 474
77 379

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85599
₽129434
₽91299
₽126530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
13 721
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
78 951
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
126 619
Employee
30 845
-
212 296
-
health
788
-
3 174
-
pensions
2 057
-
8 303
-
unemployment
2 147
-
8 664
-
surtax
101
-
12 604
-
other
-
-
-
-
income
5 170
-
73 371
-
total
10 263
-
106 116
-
Employer
30 845
-
212 296
-
unemployment
977
-
3 945
-
health
1 404
-
5 664
-
pensions
4 112
-
16 594
-
other
-
-
-
-
total
6 493
-
26 203
-
Corporate
201 163
238 500
-
-
income
52 303
62 010
-
-
total
52 303
62 010
-
-
Dividends
148 860
176 490
-
-
withholding
22 329
26 474
-
-
total
22 329
26 474
-
-
Income
238 500
238 500
238 500
238 500
Total tax
91 388
88 484
132 319
126 619
After tax
147 112
150 016
106 181
111 881
Living cost
20 582
20 582
20 582
20 582
Free-cash
126 530
129 434
85 599
91 299

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88575
₽105330
₽109757
₽111535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
75 925
pensions
-
-
-
9 911
total
-
-
-
85 836
Employee
59 552
-
207 668
-
health
864
-
2 726
-
pensions
5 055
-
11 657
-
income
10 726
-
61 803
-
total
16 645
-
76 186
-
Employer
59 552
-
207 668
-
health
1 131
-
3 946
-
pensions
6 447
-
26 886
-
total
7 578
-
30 832
-
Corporate
171 370
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.

32 559
45 316
-
-
total
32 559
45 316
-
-
Dividends
138 811
193 184
-
-
withholding
27 276
44 947
-
-
total
27 276
44 947
-
-
Income
238 500
238 500
238 500
238 500
Total tax
84 058
90 263
107 018
85 836
After tax
154 442
148 237
131 482
152 664
Living cost
42 907
42 907
42 907
42 907
Free-cash
111 535
105 330
88 575
109 757

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽106393
₽35289
₽113750
₽66853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 514
other

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

-
-
-
4 771
national
-
-
-
7 213
pensions
-
-
-
21 941
regional
-
-
-
14 004
health
-
-
-
536
total
-
-
-
50 979
Employee
86 331
-
215 189
-
health
195
-
485
-
pensions
7 253
-
16 154
-
unemployment
-
-
-
-
city
927
-
2 334
-
national
409
-
5 888
-
regional
2 827
-
12 533
-
total
11 611
-
37 394
-
Employer
86 331
-
215 189
-
unemployment
-
-
-
-
health
195
-
485
-
pensions
7 253
-
16 154
-
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.

1 726
-
4 303
-
total
9 174
-
20 942
-
Corporate
142 046
238 500
-
-
regional
30 042
50 443
-
-
national
12 073
20 273
-
-
total
42 115
70 716
-
-
Dividends
99 931
167 784
-
-
withholding
34 976
58 724
-
-
total
34 976
58 724
-
-
Income
238 500
238 500
238 500
238 500
Total tax
97 876
129 440
58 336
50 979
After tax
140 624
109 060
180 164
187 521
Living cost
73 771
73 771
73 771
73 771
Free-cash
66 853
35 289
106 393
113 750

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽102941
₽74988
₽69475
₽90112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 507
trade
-
-
-
33 466
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.

-
-
-
81 951
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.

-
-
-
6 372
total
-
-
-
126 296
Employee

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

56 055
-
238 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 372
-
6 372
-
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.

363
-
4 507
-
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.

6 592
-
81 951
-
total
13 327
-
92 830
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 445
238 500
-
-
chamber of commerce
398
478
-
-
trade
31 289
40 902
-
-
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.

1 505
1 968
-
-
income
27 366
35 774
-
-
total
60 558
79 122
-
-
Dividends
121 886
159 378
-
-
withholding
30 117
39 489
-
-
surtax

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

1 657
2 172
-
-
total
31 774
41 661
-
-
Income
238 500
238 500
238 500
238 500
Total tax
105 659
120 783
92 830
126 296
After tax
132 841
117 717
145 670
112 204
Living cost
42 729
42 729
42 729
42 729
Free-cash
90 112
74 988
102 941
69 475

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87307
₽88293
₽96114
₽93801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
7 393
social contributions
-
-
-
6 795
income
-
-
-
48 429
pensions
-
-
-
35 456
health
-
-
-
12 401
total
-
-
-
110 474
Employee
39 919
-
180 668
-
social contributions
1 138
-
5 147
-
pensions
4 514
-
14 189
-
surtax
-
-
-
-
income
2 356
-
42 112
-
total
8 008
-
61 448
-
Employer
39 919
-
180 668
-
unemployment
1 616
-
7 317
-
health
2 795
-
18 640
-
pensions
6 558
-
23 593
-
other
1 377
-
7 741
-
social contributions
120
-
542
-
total
12 466
-
57 833
-
Corporate
186 114
238 500
-
-
surtax
-
-
-
-
income
52 112
66 780
-
-
total
52 112
66 780
-
-
Dividends
134 003
171 720
-
-
withholding
17 152
21 980
-
-
surtax
-
-
-
-
social contributions
23 049
29 535
-
-
total
40 201
51 515
-
-
Income
238 500
238 500
238 500
238 500
Total tax
112 787
118 295
119 281
110 474
After tax
125 713
120 205
119 219
128 026
Living cost
31 912
31 912
31 912
31 912
Free-cash
93 801
88 293
87 307
96 114

Estimated living cost  is ₽31912 per week

₽20122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90469
₽91455
₽99276
₽96637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
7 393
social contributions
-
-
-
6 795
income
-
-
-
48 429
pensions
-
-
-
35 456
health
-
-
-
12 401
total
-
-
-
110 474
Employee
35 634
-
180 668
-
social contributions
1 016
-
5 147
-
pensions
4 030
-
14 189
-
surtax
-
-
-
-
income
1 837
-
42 112
-
total
6 883
-
61 448
-
Employer
35 634
-
180 668
-
unemployment
1 443
-
7 317
-
health
2 494
-
18 640
-
pensions
5 855
-
23 593
-
other
1 230
-
7 741
-
social contributions
106
-
542
-
total
11 128
-
57 833
-
Corporate
191 738
238 500
-
-
surtax
-
-
-
-
income
53 687
66 780
-
-
total
53 687
66 780
-
-
Dividends
138 051
171 720
-
-
withholding
17 670
21 980
-
-
surtax
-
-
-
-
social contributions
23 745
29 535
-
-
total
41 415
51 515
-
-
Income
238 500
238 500
238 500
238 500
Total tax
113 113
118 295
119 281
110 474
After tax
125 387
120 205
119 219
128 026
Living cost
28 750
28 750
28 750
28 750
Free-cash
96 637
91 455
90 469
99 276

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽126287
₽125728
₽133387
₽126213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
social contributions
-
-
-
32 914
income
-
-
-
35 774
health
-
-
-
16 647
total
-
-
-
85 335
Employee
31 625
-
238 500
-
health
2 207
-
16 647
-
social contributions
4 365
-
32 914
-
income
5 275
-
42 874
-
total
11 847
-
92 435
-
Employer
31 625
-
238 500
-
total
-
-
-
-
Corporate
206 875
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%.

10 344
11 925
-
-
total
10 344
11 925
-
-
Dividends
196 531
226 575
-
-
withholding
29 480
33 986
-
-
health
13 718
15 815
-
-
social contributions
27 120
31 268
-
-
total
70 318
81 069
-
-
Income
238 500
238 500
238 500
238 500
Total tax
92 509
92 994
92 435
85 335
After tax
145 991
145 506
146 065
153 165
Living cost
19 778
19 778
19 778
19 778
Free-cash
126 213
125 728
126 287
133 387

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28935
₽98387
₽88847
₽96944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
184
chamber of commerce
-
-
-
954
unemployment
-
-
-
5 721
income
-
-
-
81 434
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
116 787
Employee
46 614
37 171
200 289
-
health
1 804
1 439
4 216
-
pensions
4 774
3 806
11 158
-
unemployment
1 398
1 115
3 269
-
other
466
372
1 090
-
income
5 307
2 742
69 568
-
total
13 749
9 474
89 301
-
Employer
46 614
37 171
200 289
-
unemployment
1 398
1 115
3 269
-
payroll
1 398
1 115
6 009
-
accident
605
483
1 416
-
health
1 761
1 405
4 119
-
pensions
5 850
4 666
13 675
-
other
2 214
1 765
8 737
-
surtax
184
184
184
-
chamber of commerce
186
149
802
-
total
13 596
10 882
38 211
-
Corporate
178 289
190 447
196 748
-
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.

44 573
47 612
49 187
-
total
44 573
47 612
49 187
-
Dividends
133 716
142 835
-
-
withholding
36 772
39 279
-
-
total
36 772
39 279
-
-
Income
238 500
238 500
238 500
238 500
Total tax
108 690
107 247
176 699
116 787
After tax
129 810
131 253
61 801
121 713
Living cost
32 866
32 866
32 866
32 866
Free-cash
96 944
98 387
28 935
88 847

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
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.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45819
₽95268
₽69870
₽85233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 254
communal

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

-
-
-
12 914
national
-
-
-
98 453
total
-
-
-
134 621
Employee

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

66 719
-
184 725
-
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.

3 135
-
8 682
-
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.

5 004
-
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.

581
-
1 607
-
national
20 512
-
71 120
-
communal

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

3 480
-
9 634
-
total
32 712
-
104 897
-
Employer

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

66 719
-
184 725
-
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.

974
-
2 698
-
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.

867
-
2 402
-
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.

4 103
-
11 362
-
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.

5 912
-
16 366
-
surtax
7 565
-
20 947
-
total
19 421
-
53 775
-
Corporate
152 360
238 500
-
-
surtax
609
1 066
-
-
income
30 473
53 236
-
-
total
31 082
54 302
-
-
Dividends
121 279
184 199
-
-
withholding

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

36 043
54 921
-
-
total
36 043
54 921
-
-
Income
238 500
238 500
238 500
238 500
Total tax
119 258
109 223
158 672
134 621
After tax
119 242
129 277
79 828
103 879
Living cost
34 009
34 009
34 009
34 009
Free-cash
85 233
95 268
45 819
69 870

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95415
₽124397
₽99329
₽118005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
79 550
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
105 486
Employee
46 429
-
210 939
-
pensions
2 182
-
4 064
-
unemployment
720
-
1 340
-
other
46
-
87
-
income
9 796
-
76 348
-
total
12 744
-
81 839
-
Employer
46 429
-
210 939
-
unemployment
2 554
-
4 754
-
accident
919
-
1 712
-
pensions
10 957
-
20 403
-
other
370
-
692
-
total
14 800
-
27 561
-
Corporate
177 272
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.

26 591
35 774
-
-
total
26 591
35 774
-
-
Dividends
150 680
202 726
-
-
withholding
32 675
44 644
-
-
total
32 675
44 644
-
-
Income
238 500
238 500
238 500
238 500
Total tax
86 810
80 418
109 400
105 486
After tax
151 690
158 082
129 100
133 014
Living cost
33 685
33 685
33 685
33 685
Free-cash
118 005
124 397
95 415
99 329

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68333
₽81864
₽61101
₽69036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
12 107
income
-
-
-
49 056
communal
-
-
-
15 074
pensions
-
-
-
33 098
accident
-
-
-
1 862
health
-
-
-
15 514
total
-
-
-
126 711
Employee
70 635
-
213 042
-
health
3 144
-
9 480
-
pensions
5 650
-
17 044
-
surtax
4 329
-
13 056
-
income
6 823
-
54 440
-
total
19 946
-
94 020
-
Employer
70 635
-
213 042
-
accident
635
-
1 917
-
health
2 154
-
6 498
-
pensions
5 650
-
17 044
-
total
8 439
-
25 459
-
Corporate
159 426
238 500
-
-
communal
10 762
16 098
-
-
surtax
1 674
2 505
-
-
income
23 913
35 774
-
-
total
36 349
54 377
-
-
Dividends
123 076
184 123
-
-
withholding
18 461
27 618
-
-
income
35 581
23 953
-
-
total
54 042
51 571
-
-
Income
238 500
238 500
238 500
238 500
Total tax
118 776
105 948
119 479
126 711
After tax
119 724
132 552
119 021
111 789
Living cost
50 688
50 688
50 688
50 688
Free-cash
69 036
81 864
68 333
61 101

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85231
₽129066
₽90931
₽126098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
13 721
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
78 951
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
126 619
Employee
31 411
-
212 296
-
health
802
-
3 174
-
pensions
2 096
-
8 303
-
unemployment
2 186
-
8 664
-
surtax
112
-
12 604
-
other
-
-
-
-
income
5 266
-
73 371
-
total
10 462
-
106 116
-
Employer
31 411
-
212 296
-
unemployment
997
-
3 945
-
health
1 428
-
5 664
-
pensions
4 188
-
16 594
-
other
-
-
-
-
total
6 613
-
26 203
-
Corporate
200 476
238 500
-
-
income
52 124
62 010
-
-
total
52 124
62 010
-
-
Dividends
148 352
176 490
-
-
withholding
22 253
26 474
-
-
total
22 253
26 474
-
-
Income
238 500
238 500
238 500
238 500
Total tax
91 452
88 484
132 319
126 619
After tax
147 048
150 016
106 181
111 881
Living cost
20 950
20 950
20 950
20 950
Free-cash
126 098
129 066
85 231
90 931

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83007
₽100236
₽90871
₽98163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 535
social contributions
-
-
-
46 683
national
-
-
-
70 392
regional
-
-
-
3 893
total
-
-
-
122 503
Employee
51 740
-
238 500
-
social contributions
17 447
-
61 202
-
national
8 197
-
64 148
-
regional
697
-
3 599
-
municipal
274
-
1 418
-
total
26 615
-
130 367
-
Employer
51 740
-
238 500
-
total
-
-
-
-
Corporate
186 760
238 500
-
-
municipal
9 282
11 854
-
-
nationa
44 823
57 239
-
-
total
54 105
69 093
-
-
Dividends
132 655
169 407
-
-
withholding
34 491
44 045
-
-
total
34 491
44 045
-
-
Income
238 500
238 500
238 500
238 500
Total tax
115 211
113 138
130 367
122 503
After tax
123 289
125 362
108 133
115 997
Living cost
25 126
25 126
25 126
25 126
Free-cash
98 163
100 236
83 007
90 871

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104332
₽136122
₽115112
₽126102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
4 283
social contributions
-
-
-
32 796
income
-
-
-
26 026
health
-
-
-
32 198
total
-
-
-
95 303
Employee
41 301
-
193 047
-
health
5 576
-
26 061
-
social contributions
2 685
-
7 300
-
solidarity contribution
-
-
3 316
-
income
4 956
-
23 953
-
total
13 217
-
60 630
-
Employer
41 301
-
193 047
-
health
3 717
-
17 374
-
social contributions
10 325
-
28 079
-
total
14 042
-
45 453
-
Corporate
183 156
238 500
-
-
income
34 800
45 315
-
-
total
34 800
45 315
-
-
Dividends
148 357
193 185
-
-
withholding
22 254
28 978
-
-
total
22 254
28 978
-
-
Income
238 500
238 500
238 500
238 500
Total tax
84 313
74 293
106 083
95 303
After tax
154 187
164 207
132 417
143 197
Living cost
28 085
28 085
28 085
28 085
Free-cash
126 102
136 122
104 332
115 112

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
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.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32086
₽101595
₽92140
₽101134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
954
unemployment
-
-
-
5 721
income
-
-
-
81 434
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
116 603
Employee
40 772
37 171
200 460
-
health
1 577
1 439
4 216
-
pensions
4 176
3 806
11 158
-
unemployment
1 223
1 115
3 269
-
other
407
372
1 090
-
income
3 632
2 742
69 654
-
total
11 015
9 474
89 387
-
Employer
40 772
37 171
200 460
-
unemployment
1 223
1 115
3 269
-
payroll
1 223
1 115
6 015
-
accident
529
483
1 416
-
health
1 542
1 405
4 119
-
pensions
5 117
4 666
13 675
-
other
1 936
1 765
8 744
-
surtax
-
-
-
-
chamber of commerce
163
149
802
-
total
11 733
10 698
38 040
-
Corporate
185 994
190 631
196 920
-
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.

46 499
47 658
49 230
-
total
46 499
47 658
49 230
-
Dividends
139 495
142 973
-
-
withholding
38 362
39 318
-
-
total
38 362
39 318
-
-
Income
238 500
238 500
238 500
238 500
Total tax
107 609
107 148
176 657
116 603
After tax
130 891
131 352
61 843
121 897
Living cost
29 757
29 757
29 757
29 757
Free-cash
101 134
101 595
32 086
92 140

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
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.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽179028
₽214803
₽224343
₽212596
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 715
-
238 500
-
income
2 943
-
47 700
-
total
2 943
-
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%.

223 785
238 500
-
-
total
-
-
-
-
Dividends
223 785
238 500
-
-
withholding
11 189
11 925
-
-
total
11 189
11 925
-
-
Income
238 500
238 500
238 500
238 500
Total tax
14 132
11 925
47 700
2 385
After tax
224 368
226 575
190 800
236 115
Living cost
11 772
11 772
11 772
11 772
Free-cash
212 596
214 803
179 028
224 343

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77506
₽139190
₽82684
₽131389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
358
income
-
-
-
63 416
pensions
-
-
-
43 555
health
-
-
-
23 469
total
-
-
-
130 798
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.

41 246
-
206 369
-
health
2 664
-
13 332
-
pensions
6 393
-
31 986
-
unemployment
58
-
289
-
income
7 113
-
58 238
-
total
16 228
-
103 845
-
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.

41 246
-
206 369
-
unemployment
25
-
124
-
health
2 747
-
13 744
-
pensions
3 650
-
18 263
-
total
6 422
-
32 131
-
Corporate
190 833
238 500
-
-
income
36 257
45 315
-
-
total
36 257
45 315
-
-
Dividends
154 575
193 185
-
-
withholding
23 186
28 977
-
-
total
23 186
28 977
-
-
Income
238 500
238 500
238 500
238 500
Total tax
82 093
74 292
135 976
130 798
After tax
156 407
164 208
102 524
107 702
Living cost
25 018
25 018
25 018
25 018
Free-cash
131 389
139 190
77 506
82 684

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽186293
₽105094
₽124814
₽60989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
Corporate
100 245
238 500
-
-
income
22 054
52 470
-
-
total
22 054
52 470
-
-
Dividends
78 191
186 030
-
-
income
17 202
40 927
-
-
total
17 202
40 927
-
-
Income
238 500
238 500
238 500
238 500
Total tax
137 502
93 397
12 198
73 677
After tax
100 998
145 103
226 302
164 823
Living cost
40 009
40 009
40 009
40 009
Free-cash
60 989
105 094
186 293
124 814

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
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.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74013
₽106402
₽93711
₽105463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
82 878
income
-
-
-
32 654
total
-
-
-
115 532
Employee
42 898
-
192 727
-
social contributions
4 719
-
21 200
-
surtax
-
-
749
-
income
8 923
-
67 508
-
total
13 642
-
89 457
-
Employer
42 898
-
192 727
-
social contributions
10 188
-
45 773
-
total
10 188
-
45 773
-
Corporate
185 413
238 500
-
-
surtax
-
-
-
-
income
38 937
50 085
-
-
total
38 937
50 085
-
-
Dividends
146 476
188 415
-
-
withholding
41 013
52 756
-
-
total
41 013
52 756
-
-
Income
238 500
238 500
238 500
238 500
Total tax
103 780
102 841
135 230
115 532
After tax
134 720
135 659
103 270
122 968
Living cost
29 257
29 257
29 257
29 257
Free-cash
105 463
106 402
74 013
93 711

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽74169
₽75155
₽82976
₽81566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
7 393
social contributions
-
-
-
6 795
income
-
-
-
48 429
pensions
-
-
-
35 456
health
-
-
-
12 401
total
-
-
-
110 474
Employee
58 419
-
180 668
-
social contributions
1 664
-
5 147
-
pensions
6 608
-
14 189
-
surtax
-
-
-
-
income
5 097
-
42 112
-
total
13 369
-
61 448
-
Employer
58 419
-
180 668
-
unemployment
2 367
-
7 317
-
health
4 089
-
18 640
-
pensions
9 599
-
23 593
-
other
2 016
-
7 741
-
social contributions
175
-
542
-
total
18 246
-
57 833
-
Corporate
161 836
238 500
-
-
surtax
-
-
-
-
income
45 315
66 780
-
-
total
45 315
66 780
-
-
Dividends
116 521
171 720
-
-
withholding
14 914
21 980
-
-
surtax
-
-
-
-
social contributions
20 040
29 535
-
-
total
34 954
51 515
-
-
Income
238 500
238 500
238 500
238 500
Total tax
111 884
118 295
119 281
110 474
After tax
126 616
120 205
119 219
128 026
Living cost
45 050
45 050
45 050
45 050
Free-cash
81 566
75 155
74 169
82 976

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151391
₽186613
₽145054
₽183478
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
12 939
social contributions
-
-
-
52 469
total
-
-
-
65 408
Employee
29 986
-
206 494
-
social contributions
1 949
-
13 422
-
income
-
-
13 643
-
total
1 949
-
27 065
-
Employer
29 986
-
206 494
-
social contributions
4 648
-
32 006
-
total
4 648
-
32 006
-
Corporate
203 866
238 500
-
-
income
20 387
23 849
-
-
total
20 387
23 849
-
-
Dividends
183 478
214 651
-
-
total
-
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
26 984
23 849
59 071
65 408
After tax
211 516
214 651
179 429
173 092
Living cost
28 038
28 038
28 038
28 038
Free-cash
183 478
186 613
151 391
145 054

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35274
₽35274
₽91454
₽17880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 884
labour market
-
-
-
19 015
national
-
-
-
30 417
pensions
-
-
-
809
total
-
-
-
102 125
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
35 275
-
-
-
income
7 760
-
-
-
total
7 760
-
-
-
Dividends
27 514
-
-
-
withholding
9 634
-
-
-
total
9 634
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
175 699
158 305
158 305
102 125
After tax
62 801
80 195
80 195
136 375
Living cost
44 921
44 921
44 921
44 921
Free-cash
17 880
35 274
35 274
91 454

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111546
-₽1203
₽142259
₽16171
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
other
-
-
-
351
income
-
-
-
69 125
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
75 719
Employee
32 282
-
219 044
-
health
3 697
-
25 081
-
pensions
3 635
-
7 223
-
income
4 429
-
54 672
-
total
11 761
-
86 976
-
Employer
32 282
-
219 044
-
unemployment
791
-
5 367
-
accident
539
-
3 658
-
pensions
5 249
-
10 431
-
total
6 579
-
19 456
-
Corporate
199 638
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.

179 674
214 650
-
-
total
179 674
214 650
-
-
Dividends
19 964
23 850
-
-
withholding
3 793
4 531
-
-
total
3 793
4 531
-
-
Income
238 500
238 500
238 500
238 500
Total tax
201 807
219 181
106 432
75 719
After tax
36 693
19 319
132 068
162 781
Living cost
20 522
20 522
20 522
20 522
Free-cash
16 171
-1 203
111 546
142 259

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79918
₽108188
₽107239
₽111910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 339
national
-
-
-
49 829
health
-
-
-
3 283
total
-
-
-
95 451
Employee
49 073
-
200 639
-
health
366
-
2 701
-
pensions
3 312
-
13 543
-
unemployment
736
-
3 009
-
national
811
-
33 008
-
municipal
8 038
-
32 650
-
total
13 263
-
84 911
-
Employer
49 073
-
200 639
-
unemployment
319
-
1 305
-
accident
50
-
200
-
health
377
-
1 545
-
pensions
8 514
-
34 811
-
total
9 260
-
37 861
-
Corporate
180 168
238 500
-
-
income
36 034
47 701
-
-
total
36 034
47 701
-
-
Dividends

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

108 100
143 100
-
-
national
12 765
21 043
-
-
municipal
19 458
25 758
-
-
total
32 223
46 801
-
-
Income
238 500
238 500
238 500
238 500
Total tax
90 780
94 502
122 772
95 451
After tax
147 720
143 998
115 728
143 049
Living cost
35 810
35 810
35 810
35 810
Free-cash
111 910
108 188
79 918
107 239

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135808
₽152148
₽137705
₽147075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
social contributions
-
-
-
15 091
income
-
-
-
58 027
health
-
-
-
6 082
total
-
-
-
79 200
Employee
71 723
71 723
226 285
-
health
556
1 220
3 846
-
social contributions
2 712
5 953
8 029
-
income
7 809
6 639
57 007
-
total
11 077
13 812
68 882
-
Employer
71 723
71 723
226 285
-
health
604
1 328
4 186
-
social contributions
2 712
5 953
8 029
-
total
3 316
7 281
12 215
-
Corporate
202 513
159 497
-
-
income
25 313
19 938
-
-
total
25 313
19 938
-
-
Dividends
177 199
139 560
-
-
withholding
30 124
23 726
-
-
total
30 124
23 726
-
-
Income
238 500
238 500
238 500
238 500
Total tax
69 830
64 757
81 097
79 200
After tax
168 670
173 743
157 403
159 300
Living cost
21 595
21 595
21 595
21 595
Free-cash
147 075
152 148
135 808
137 705

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170767
₽182694
₽189478
₽177949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
24 878
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
34 213
Employee

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

21 409
-
229 384
-
health
1 820
-
7 523
-
pensions
3 211
-
13 275
-
unemployment
106
-
443
-
income
1 464
-
22 566
-
total
6 601
-
43 807
-
Employer

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

21 409
-
229 384
-
unemployment
106
-
443
-
health
920
-
3 806
-
pensions
1 177
-
4 868
-
total
2 203
-
9 117
-
Corporate
214 887
238 500
-
-
income
19 339
21 465
-
-
total
19 339
21 465
-
-
Dividends
195 548
217 035
-
-
withholding
17 599
19 532
-
-
total
17 599
19 532
-
-
Income
238 500
238 500
238 500
238 500
Total tax
45 742
40 997
52 924
34 213
After tax
192 758
197 503
185 576
204 287
Living cost
14 809
14 809
14 809
14 809
Free-cash
177 949
182 694
170 767
189 478

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103451
₽132433
₽107365
₽128312
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
79 550
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
105 486
Employee
34 489
-
210 939
-
pensions
1 621
-
4 064
-
unemployment
535
-
1 340
-
other
34
-
87
-
income
6 649
-
76 348
-
total
8 839
-
81 839
-
Employer
34 489
-
210 939
-
unemployment
1 897
-
4 754
-
accident
683
-
1 712
-
pensions
8 139
-
20 403
-
other
276
-
692
-
total
10 995
-
27 561
-
Corporate
193 016
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.

28 952
35 774
-
-
total
28 952
35 774
-
-
Dividends
164 064
202 726
-
-
withholding
35 753
44 644
-
-
total
35 753
44 644
-
-
Income
238 500
238 500
238 500
238 500
Total tax
84 539
80 418
109 400
105 486
After tax
153 961
158 082
129 100
133 014
Living cost
25 649
25 649
25 649
25 649
Free-cash
128 312
132 433
103 451
107 365

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151876
₽146925
₽152011
₽146613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
82 201
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
84 590
Employee
2 893
-
236 941
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
82 128
-
total
994
-
83 166
-
Employer
2 893
-
236 941
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
234 956
238 500
-
-
income
51 690
52 470
-
-
total
51 690
52 470
-
-
Dividends
183 266
186 030
-
-
withholding
36 653
37 206
-
-
total
36 653
37 206
-
-
Income
238 500
238 500
238 500
238 500
Total tax
89 988
89 676
84 725
84 590
After tax
148 512
148 824
153 775
153 910
Living cost
1 899
1 899
1 899
1 899
Free-cash
146 613
146 925
151 876
152 011

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140578
₽156183
₽140579
₽151594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 034
income
-
-
-
55 728
pensions
-
-
-
17 925
health
-
-
-
7 101
total
-
-
-
81 788
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.

24 328
-
226 159
-
health
1 253
-
3 551
-
pensions
3 406
-
9 652
-
unemployment
182
-
517
-
income
3 353
-
55 728
-
total
8 194
-
69 448
-
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.

24 328
-
226 159
-
unemployment
182
-
517
-
health
1 253
-
3 551
-
pensions
2 919
-
8 273
-
total
4 354
-
12 341
-
Corporate
209 817
238 500
-
-
income
31 473
35 775
-
-
total
31 473
35 775
-
-
Dividends
178 345
202 725
-
-
withholding
26 752
30 409
-
-
total
26 752
30 409
-
-
Income
238 500
238 500
238 500
238 500
Total tax
70 773
66 184
81 789
81 788
After tax
167 727
172 316
156 711
156 712
Living cost
16 133
16 133
16 133
16 133
Free-cash
151 594
156 183
140 578
140 579

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78124
₽110513
₽97822
₽110176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
82 878
income
-
-
-
32 654
total
-
-
-
115 532
Employee
36 201
-
192 727
-
social contributions
3 983
-
21 200
-
surtax
-
-
749
-
income
7 074
-
67 508
-
total
11 057
-
89 457
-
Employer
36 201
-
192 727
-
social contributions
8 597
-
45 773
-
total
8 597
-
45 773
-
Corporate
193 702
238 500
-
-
surtax
-
-
-
-
income
40 677
50 085
-
-
total
40 677
50 085
-
-
Dividends
153 024
188 415
-
-
withholding
42 847
52 756
-
-
total
42 847
52 756
-
-
Income
238 500
238 500
238 500
238 500
Total tax
103 178
102 841
135 230
115 532
After tax
135 322
135 659
103 270
122 968
Living cost
25 146
25 146
25 146
25 146
Free-cash
110 176
110 513
78 124
97 822

Estimated living cost  is ₽25146 per week

₽17810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96320
₽125302
₽100234
₽119196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
79 550
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
105 486
Employee
45 047
-
210 939
-
pensions
2 117
-
4 064
-
unemployment
697
-
1 340
-
other
44
-
87
-
income
9 409
-
76 348
-
total
12 267
-
81 839
-
Employer
45 047
-
210 939
-
unemployment
2 478
-
4 754
-
accident
892
-
1 712
-
pensions
10 631
-
20 403
-
other
361
-
692
-
total
14 362
-
27 561
-
Corporate
179 091
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.

26 864
35 774
-
-
total
26 864
35 774
-
-
Dividends
152 228
202 726
-
-
withholding
33 031
44 644
-
-
total
33 031
44 644
-
-
Income
238 500
238 500
238 500
238 500
Total tax
86 524
80 418
109 400
105 486
After tax
151 976
158 082
129 100
133 014
Living cost
32 780
32 780
32 780
32 780
Free-cash
119 196
125 302
96 320
100 234

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽188121
₽187865
₽177971
₽182178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
35 775
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
44 477
Employee
21 255
-
232 105
-
health
978
-
1 499
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
23 211
-
total
5 204
-
27 931
-
Employer
21 255
-
232 105
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 467
-
2 249
-
pensions

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
213 075
238 500
-
-
income
21 307
23 850
-
-
total
21 307
23 850
-
-
Dividends
191 767
214 650
-
-
withholding
9 588
10 733
-
-
total
9 588
10 733
-
-
Income
238 500
238 500
238 500
238 500
Total tax
40 270
34 583
34 327
44 477
After tax
198 230
203 917
204 173
194 023
Living cost
16 052
16 052
16 052
16 052
Free-cash
182 178
187 865
188 121
177 971

Estimated living cost  is ₽16052 per week

₽10617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109660
₽86612
₽81658
₽98814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 507
trade
-
-
-
28 002
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.

-
-
-
81 951
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.

-
-
-
6 372
total
-
-
-
120 832
Employee

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

46 409
-
238 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 372
-
6 372
-
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.

211
-
4 507
-
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.

3 816
-
81 951
-
total
10 399
-
92 830
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 091
238 500
-
-
chamber of commerce
423
492
-
-
trade
27 565
34 225
-
-
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.

1 584
1 968
-
-
income
28 814
35 774
-
-
total
58 386
72 459
-
-
Dividends
133 705
166 040
-
-
withholding
33 071
41 155
-
-
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.

1 820
2 264
-
-
total
34 891
43 419
-
-
Income
238 500
238 500
238 500
238 500
Total tax
103 676
115 878
92 830
120 832
After tax
134 824
122 622
145 670
117 668
Living cost
36 010
36 010
36 010
36 010
Free-cash
98 814
86 612
109 660
81 658

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63877
₽113818
₽63877
₽115878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
79 982
social contributions
-
-
-
41 509
total
-
-
-
121 491
Employee
72 960
-
238 500
-
social contributions
6 061
-
41 509
-
income
13 767
-
79 982
-
total
19 828
-
121 491
-
Employer
72 960
-
238 500
-
total
-
-
-
-
Corporate
165 540
238 500
-
-
income
20 692
29 813
-
-
total
20 692
29 813
-
-
Dividends
144 848
208 687
-
-
withholding
28 970
41 737
-
-
total
28 970
41 737
-
-
Income
238 500
238 500
238 500
238 500
Total tax
69 490
71 550
121 491
121 491
After tax
169 010
166 950
117 009
117 009
Living cost
53 132
53 132
53 132
53 132
Free-cash
115 878
113 818
63 877
63 877

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131192
₽116239
₽163186
₽119498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
238 500
income
-
-
-
35 774
health

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

-
-
-
5 682
total
-
-
-
41 456
Employee
42 788
-
234 209
-
social contributions
4 287
-
4 291
-
income
4 643
-
64 868
-
total
8 930
-
69 159
-
Employer
42 788
-
234 209
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
191 425
238 500
-
-
income
66 999
83 475
-
-
total
66 999
83 475
-
-
Dividends
124 426
155 025
-
-
social contributions
4 928
4 928
-
-
total
4 928
4 928
-
-
Income
238 500
238 500
238 500
238 500
Total tax
85 144
88 403
73 450
41 456
After tax
153 356
150 097
165 050
197 044
Living cost
33 858
33 858
33 858
33 858
Free-cash
119 498
116 239
131 192
163 186

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96600
₽113355
₽117782
₽118918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
75 925
pensions
-
-
-
9 911
total
-
-
-
85 836
Employee
47 881
-
207 668
-
health
625
-
2 726
-
pensions
3 654
-
11 657
-
income
8 719
-
61 803
-
total
12 998
-
76 186
-
Employer
47 881
-
207 668
-
health
910
-
3 946
-
pensions
4 837
-
26 886
-
total
5 747
-
30 832
-
Corporate
184 872
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.

35 126
45 316
-
-
total
35 126
45 316
-
-
Dividends
149 746
193 184
-
-
withholding
30 829
44 947
-
-
total
30 829
44 947
-
-
Income
238 500
238 500
238 500
238 500
Total tax
84 700
90 263
107 018
85 836
After tax
153 800
148 237
131 482
152 664
Living cost
34 882
34 882
34 882
34 882
Free-cash
118 918
113 355
96 600
117 782

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
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.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽109514
-₽3235
₽140227
₽15860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
other
-
-
-
351
income
-
-
-
69 125
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
75 719
Employee
35 478
-
219 044
-
health
4 062
-
25 081
-
pensions
3 995
-
7 223
-
income
4 867
-
54 672
-
total
12 924
-
86 976
-
Employer
35 478
-
219 044
-
unemployment
869
-
5 367
-
accident
592
-
3 658
-
pensions
5 768
-
10 431
-
total
7 229
-
19 456
-
Corporate
195 792
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.

176 213
214 650
-
-
total
176 213
214 650
-
-
Dividends
19 579
23 850
-
-
withholding
3 720
4 531
-
-
total
3 720
4 531
-
-
Income
238 500
238 500
238 500
238 500
Total tax
200 086
219 181
106 432
75 719
After tax
38 414
19 319
132 068
162 781
Living cost
22 554
22 554
22 554
22 554
Free-cash
15 860
-3 235
109 514
140 227

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
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.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164926
₽169845
₽144402
₽167021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 791
health insurance
-
-
-
11 046
income
-
-
-
40 443
pensions
-
-
-
27 465
work injury
-
-
-
746
total
-
-
-
81 491
Employee

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

20 172
-
238 500
-
pensions
3 712
-
13 732
-
unemployment
242
-
896
-
work injury
101
-
373
-
health insurance
1 493
-
5 523
-
income
2 017
-
40 443
-
total
7 565
-
60 967
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
218 328
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%.

21 833
23 850
-
-
total
21 833
23 850
-
-
Dividends
196 496
214 650
-
-
withholding
29 474
32 198
-
-
total
29 474
32 198
-
-
Income
238 500
238 500
238 500
238 500
Total tax
58 872
56 048
60 967
81 491
After tax
179 628
182 452
177 533
157 009
Living cost
12 607
12 607
12 607
12 607
Free-cash
167 021
169 845
164 926
144 402

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68805
₽88468
₽76465
₽84225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 726
social contributions
-
-
-
46 683
national
-
-
-
70 392
regional
-
-
-
6 076
total
-
-
-
124 877
Employee
78 598
-
238 500
-
social contributions
26 503
-
61 202
-
national
13 282
-
64 148
-
regional
1 187
-
5 592
-
municipal
469
-
1 595
-
total
41 441
-
132 537
-
Employer
78 598
-
238 500
-
total
-
-
-
-
Corporate
159 902
238 500
-
-
municipal
7 707
11 496
-
-
nationa
38 376
57 239
-
-
total
46 083
68 735
-
-
Dividends
113 819
169 764
-
-
withholding
29 593
44 139
-
-
total
29 593
44 139
-
-
Income
238 500
238 500
238 500
238 500
Total tax
117 117
112 874
132 537
124 877
After tax
121 383
125 626
105 963
113 623
Living cost
37 158
37 158
37 158
37 158
Free-cash
84 225
88 468
68 805
76 465

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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