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
₽89452
₽100678
₽85929
₽116060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
238 500
trade
-
-
-
30 131
income

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

-
-
-
80 346
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.

-
-
-
6 934
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.

-
-
-
4 418
total
-
-
-
121 829
Employee

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

38 820
-
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.

6 934
-
6 934
-
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.

60
-
4 418
-
income

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

1 084
-
80 346
-
total
8 078
-
91 698
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
199 680
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.

1 647
1 968
-
-
income
29 952
35 775
-
-
trade
31 449
37 564
-
-
chamber of commerce
441
497
-
-
total
63 489
75 804
-
-
Dividends
136 191
162 696
-
-
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.

1 851
2 215
-
-
withholding
33 662
40 287
-
-
total
35 513
42 502
-
-
Income
238 500
238 500
238 500
238 500
Total tax
107 080
118 306
91 698
121 829
After tax
131 420
120 194
146 802
116 671
Living cost
30 742
30 742
30 742
30 742
Free-cash
100 678
89 452
116 060
85 929

Estimated living cost  is ₽30742 per week

₽19338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97676
₽96825
₽83881
₽85163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 558
pensions
-
-
-
28 620
national
-
-
-
45 729
social contributions
-
-
-
2 564
total
-
-
-
103 471
Employee
79 289
-
206 181
-
municipal
9 793
-
27 481
-
pensions
3 172
-
8 247
-
national
15 176
-
47 751
-
total
28 141
-
83 479
-
Employer
79 289
-
206 181
-
social contributions
852
-
2 216
-
pensions
6 343
-
16 494
-
total
7 195
-
18 710
-
Corporate
146 783
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%.

29 357
47 700
-
-
total
29 357
47 700
-
-
Dividends
117 426
190 800
-
-
withholding
25 834
41 976
-
-
total
25 834
41 976
-
-
Income
238 500
238 500
238 500
238 500
Total tax
90 527
89 676
102 189
103 471
After tax
147 973
148 824
136 311
135 029
Living cost
51 148
51 148
51 148
51 148
Free-cash
96 825
97 676
85 163
83 881

Estimated living cost  is ₽51148 per week

₽34765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽766
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169684
₽161360
₽66319
₽83114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
income
-
-
-
51 362
surtax
-
-
-
60 817
social contributions

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

-
-
-
38 887
total
-
-
-
151 066
Employee
29 657
-
188 613
-
social contributions

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

3 263
-
13 305
-
surtax
-
-
27 348
-
income
5 279
-
43 731
-
total
8 542
-
84 384
-
Employer
29 657
-
188 613
-
social contributions

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

7 144
-
29 139
-
surtax
-
-
20 748
-
total
7 144
-
49 887
-
Corporate
201 699
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%.

40 339
47 701
-
-
total
40 339
47 701
-
-
Dividends

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

161 360
190 799
-
-
total
-
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
56 025
47 701
134 271
151 066
After tax
182 475
190 799
104 229
87 434
Living cost
21 115
21 115
21 115
21 115
Free-cash
161 360
169 684
83 114
66 319

Estimated living cost  is ₽21115 per week

₽13471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76452
₽70234
₽84997
₽109996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
86 578
pensions
-
-
-
11 891
health
-
-
-
12 516
total
-
-
-
110 985
Employee
86 673
86 673
219 638
-
health
13 303
11 316
12 516
-
income

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

14 187
14 187
42 717
-
pensions
15 601
11 891
11 891
-
total
43 091
37 394
67 124
-
Employer
86 673
86 673
219 638
-
unemployment
3 120
3 120
3 877
-
pensions
6 032
6 032
7 498
-
health
6 025
6 025
7 487
-
total
15 177
15 177
18 862
-
Corporate
137 713
136 650
-
-
income
27 543
27 331
-
-
total
27 543
27 331
-
-
Dividends
110 171
109 319
-
-
income
23 411
23 230
-
-
withholding
16 526
16 398
-
-
total
39 937
39 628
-
-
Income
238 500
238 500
238 500
238 500
Total tax
125 748
119 530
85 986
110 985
After tax
112 752
118 970
152 514
127 515
Living cost
42 518
42 518
42 518
42 518
Free-cash
70 234
76 452
109 996
84 997

Estimated living cost  is ₽42518 per week

₽30131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91083
₽90205
₽79277
₽78328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
municipal
-
-
-
63 711
accident
-
-
-
171
pensions
-
-
-
9 272
other
-
-
-
9 967
unemployment
-
-
-
86
health
-
-
-
5 352
national
-
-
-
31 526
total
-
-
-
120 085
Employee
55 768
-
211 549
-
municipal
16 630
-
63 084
-
national
-
-
31 001
-
total
16 630
-
94 085
-
Employer
55 768
-
211 549
-
accident
112
-
171
-
other
6 480
-
9 967
-
unemployment
1 472
-
2 264
-
pensions
6 028
-
9 272
-
health
3 430
-
5 275
-
total
17 522
-
26 949
-
Corporate
165 210
238 500
-
-
income
36 346
52 470
-
-
total
36 346
52 470
-
-
Dividends
128 864
186 030
-
-
withholding
38 659
55 809
-
-
total
38 659
55 809
-
-
Income
238 500
238 500
238 500
238 500
Total tax
109 157
108 279
121 034
120 085
After tax
129 343
130 221
117 466
118 415
Living cost
39 138
39 138
39 138
39 138
Free-cash
90 205
91 083
78 328
79 277

Estimated living cost  is ₽39138 per week

₽25939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽79094
₽93356
₽75461
₽106931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
238 500
trade
-
-
-
31 470
income

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

-
-
-
80 346
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.

-
-
-
6 934
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.

-
-
-
4 418
total
-
-
-
123 168
Employee

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

51 470
-
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.

6 934
-
6 934
-
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.

243
-
4 418
-
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.

4 422
-
80 346
-
total
11 599
-
91 698
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
187 030
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.

1 543
1 968
-
-
income
28 055
35 775
-
-
trade
30 767
39 234
-
-
chamber of commerce
420
493
-
-
total
60 785
77 470
-
-
Dividends
126 245
161 030
-
-
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.

1 714
2 194
-
-
withholding
31 175
39 871
-
-
total
32 889
42 065
-
-
Income
238 500
238 500
238 500
238 500
Total tax
105 273
119 535
91 698
123 168
After tax
133 227
118 965
146 802
115 332
Living cost
39 871
39 871
39 871
39 871
Free-cash
93 356
79 094
106 931
75 461

Estimated living cost  is ₽39871 per week

₽26666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140874
₽136665
₽127105
₽125168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 971
health
-
-
-
6 082
social contributions
-
-
-
16 422
total
-
-
-
78 475
Employee
78 045
78 045
225 590
-
social contributions
3 792
6 477
8 737
-
health
776
1 327
3 835
-
income
8 195
7 225
54 929
-
total
12 763
15 029
67 501
-
Employer
78 045
78 045
225 590
-
social contributions
3 792
6 477
8 737
-
health
846
1 445
4 174
-
total
4 638
7 922
12 911
-
Corporate
188 178
152 533
-
-
income
23 523
19 066
-
-
total
23 523
19 066
-
-
Dividends
164 655
133 467
-
-
withholding
27 991
22 689
-
-
total
27 991
22 689
-
-
Income
238 500
238 500
238 500
238 500
Total tax
68 915
64 706
80 412
78 475
After tax
169 585
173 794
158 088
160 025
Living cost
32 920
32 920
32 920
32 920
Free-cash
136 665
140 874
125 168
127 105

Estimated living cost  is ₽32920 per week

₽22504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115374
₽115759
₽146741
₽119781
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
29 157
pensions
-
-
-
23 850
unemployment
-
-
-
3 578
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.

26 675
10 616
199 582
-
health
1 867
743
13 971
-
income
3 261
1 298
24 399
-
pensions
2 667
1 062
19 958
-
unemployment
400
159
2 994
-
total
8 195
3 262
61 322
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 675
10 616
199 582
-
pensions
5 202
2 070
38 918
-
total
5 202
2 070
38 918
-
Corporate
206 624
225 814
-
-
income
18 596
20 323
-
-
total
18 596
20 323
-
-
Dividends
188 028
205 490
-
-
social contributions
36 544
39 949
-
-
withholding
35 725
39 043
-
-
total
72 269
78 992
-
-
Income
238 500
238 500
238 500
238 500
Total tax
104 262
104 647
100 240
73 280
After tax
134 238
133 853
138 260
165 220
Living cost
18 479
18 479
18 479
18 479
Free-cash
115 759
115 374
119 781
146 741

Estimated living cost  is ₽18479 per week

₽12610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166284
₽159980
₽103321
₽112953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 959
pensions
-
-
-
47 699
health
-
-
-
31 006
total
-
-
-
110 664
Employee
28 793
-
178 251
-
income
3 242
-
34 367
-
pensions
576
-
3 565
-
unemployment
460
-
2 852
-
total
4 278
-
40 784
-
Employer
28 793
-
178 251
-
unemployment
231
-
1 425
-
pensions
5 759
-
35 651
-
health
3 742
-
23 172
-
total
9 732
-
60 248
-
Corporate
199 975
238 500
-
-
income
39 995
47 701
-
-
total
39 995
47 701
-
-
Dividends
159 980
190 799
-
-
total
-
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
54 005
47 701
101 032
110 664
After tax
184 495
190 799
137 468
127 836
Living cost
24 515
24 515
24 515
24 515
Free-cash
159 980
166 284
112 953
103 321

Estimated living cost  is ₽24515 per week

₽16815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2799
₽15925
₽140701
₽109588
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
accident
-
-
-
254
income
-
-
-
68 680
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
75 682
Employee
34 791
-
218 425
-
health
3 984
-
25 010
-
income
4 773
-
54 039
-
pensions
3 918
-
7 670
-
total
12 675
-
86 719
-
Employer
34 791
-
218 425
-
accident
581
-
3 648
-
unemployment
852
-
5 352
-
pensions
5 657
-
11 076
-
total
7 090
-
20 076
-
Corporate
196 619
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.

176 957
214 650
-
-
total
176 957
214 650
-
-
Dividends
19 662
23 850
-
-
withholding
3 736
4 532
-
-
total
3 736
4 532
-
-
Income
238 500
238 500
238 500
238 500
Total tax
200 458
219 182
106 795
75 682
After tax
38 042
19 318
131 705
162 818
Living cost
22 117
22 117
22 117
22 117
Free-cash
15 925
-2 799
109 588
140 701

Estimated living cost  is ₽22117 per week

₽16210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
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.
₽4221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽217315
₽215579
₽226855
₽181540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 575
-
238 500
-
income
2 315
-
47 700
-
total
2 315
-
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%.

226 925
238 500
-
-
total
-
-
-
-
Dividends
226 925
238 500
-
-
withholding
11 346
11 925
-
-
total
11 346
11 925
-
-
Income
238 500
238 500
238 500
238 500
Total tax
13 661
11 925
47 700
2 385
After tax
224 839
226 575
190 800
236 115
Living cost
9 260
9 260
9 260
9 260
Free-cash
215 579
217 315
181 540
226 855

Estimated living cost  is ₽9260 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148181
₽141329
₽117753
₽115805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
42 539
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.

-
-
-
37 042
other
-
-
-
7 331
health
-
-
-
6 791
total
-
-
-
93 703
Employee
36 852
-
199 247
-
health
516
-
2 161
-
income
6 344
-
41 890
-
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.

2 579
-
10 803
-
unemployment
368
-
1 543
-
total
9 807
-
56 397
-
Employer
36 852
-
199 247
-
accident
295
-
1 595
-
other
1 843
-
7 716
-
unemployment
368
-
1 543
-
pensions

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

6 265
-
26 239
-
health
516
-
2 161
-
total
9 287
-
39 254
-
Corporate
192 361
238 500
-
-
income
40 395
50 085
-
-
total
40 395
50 085
-
-
Dividends
151 965
188 415
-
-
withholding
10 638
13 190
-
-
total
10 638
13 190
-
-
Income
238 500
238 500
238 500
238 500
Total tax
70 127
63 275
95 651
93 703
After tax
168 373
175 225
142 849
144 797
Living cost
27 044
27 044
27 044
27 044
Free-cash
141 329
148 181
115 805
117 753

Estimated living cost  is ₽27044 per week

₽19108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
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.
₽5674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81364
₽89610
₽85302
₽64034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 334
pensions
-
-
-
10 375
total
-
-
-
84 709
Employee
96 902
-
207 805
-
health
1 597
-
2 788
-
income
17 468
-
60 157
-
pensions
9 348
-
12 337
-
total
28 413
-
75 282
-
Employer
96 902
-
207 805
-
pensions
11 441
-
26 746
-
health
1 840
-
3 949
-
total
13 281
-
30 695
-
Corporate
128 316
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.

24 380
45 314
-
-
total
24 380
45 314
-
-
Dividends
103 936
193 186
-
-
withholding
14 327
43 333
-
-
total
14 327
43 333
-
-
Income
238 500
238 500
238 500
238 500
Total tax
80 401
88 647
105 977
84 709
After tax
158 099
149 853
132 523
153 791
Living cost
68 489
68 489
68 489
68 489
Free-cash
89 610
81 364
64 034
85 302

Estimated living cost  is ₽68489 per week

₽51320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽190604
₽185887
₽179942
₽189940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
35 775
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
45 245
Employee
17 628
-
231 542
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
23 154
-
pensions

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

1 548
-
3 114
-
total
4 316
-
28 289
-
Employer
17 628
-
231 542
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
217 413
238 500
-
-
income
21 741
23 850
-
-
total
21 741
23 850
-
-
Dividends
195 672
214 650
-
-
withholding
9 784
10 733
-
-
total
9 784
10 733
-
-
Income
238 500
238 500
238 500
238 500
Total tax
39 300
34 583
35 247
45 245
After tax
199 200
203 917
203 253
193 255
Living cost
13 313
13 313
13 313
13 313
Free-cash
185 887
190 604
189 940
179 942

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62689
₽65242
₽71234
₽96233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
86 578
pensions
-
-
-
11 891
health
-
-
-
12 516
total
-
-
-
110 985
Employee
94 099
86 673
219 638
-
health
11 739
11 316
12 516
-
income

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

14 187
14 187
42 717
-
pensions
11 891
11 891
11 891
-
total
37 817
37 394
67 124
-
Employer
94 099
86 673
219 638
-
unemployment
3 388
3 120
3 877
-
pensions
6 549
6 032
7 498
-
health
6 539
6 025
7 487
-
total
16 476
15 177
18 862
-
Corporate
127 926
136 650
-
-
income
25 586
27 331
-
-
total
25 586
27 331
-
-
Dividends
102 340
109 319
-
-
income
21 747
23 230
-
-
withholding
15 351
16 398
-
-
total
37 098
39 628
-
-
Income
238 500
238 500
238 500
238 500
Total tax
116 977
119 530
85 986
110 985
After tax
121 523
118 970
152 514
127 515
Living cost
56 281
56 281
56 281
56 281
Free-cash
65 242
62 689
96 233
71 234

Estimated living cost  is ₽56281 per week

₽41516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139876
₽131197
₽117669
₽107057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
25 694
health
-
-
-
32 197
solidarity contribution
-
-
-
3 597
social contributions
-
-
-
35 012
total
-
-
-
96 500
Employee
35 781
-
191 307
-
social contributions
2 326
-
7 794
-
health
4 830
-
25 826
-
solidarity contribution
-
-
2 645
-
income
4 294
-
23 653
-
total
11 450
-
59 918
-
Employer
35 781
-
191 307
-
social contributions
8 945
-
29 976
-
health
3 220
-
17 218
-
total
12 165
-
47 194
-
Corporate
190 553
238 500
-
-
income
36 205
45 315
-
-
total
36 205
45 315
-
-
Dividends
154 348
193 185
-
-
withholding
23 152
28 978
-
-
total
23 152
28 978
-
-
Income
238 500
238 500
238 500
238 500
Total tax
82 972
74 293
107 112
96 500
After tax
155 528
164 207
131 388
142 000
Living cost
24 331
24 331
24 331
24 331
Free-cash
131 197
139 876
107 057
117 669

Estimated living cost  is ₽24331 per week

₽16901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84421
₽79123
₽72751
₽64148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 502
regional
-
-
-
3 065
national
-
-
-
67 557
social contributions
-
-
-
50 798
total
-
-
-
122 922
Employee
90 203
-
238 500
-
social contributions
30 416
-
66 597
-
regional
851
-
2 790
-
municipal
478
-
1 375
-
national
15 630
-
60 763
-
total
47 375
-
131 525
-
Employer
90 203
-
238 500
-
total
-
-
-
-
Corporate
148 297
238 500
-
-
nationa
35 592
57 241
-
-
municipal
5 784
9 301
-
-
total
41 376
66 542
-
-
Dividends
106 922
171 958
-
-
withholding
27 799
44 710
-
-
total
27 799
44 710
-
-
Income
238 500
238 500
238 500
238 500
Total tax
116 550
111 252
131 525
122 922
After tax
121 950
127 248
106 975
115 578
Living cost
42 827
42 827
42 827
42 827
Free-cash
79 123
84 421
64 148
72 751

Estimated living cost  is ₽42827 per week

₽29854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127620
₽124462
₽89677
₽83472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 449
pensions
-
-
-
27 092
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 617
surtax
-
-
-
13 037
total
-
-
-
126 426
Employee
33 564
-
209 987
-
other
-
-
-
-
health
857
-
3 453
-
surtax
110
-
11 824
-
income
5 626
-
70 378
-
pensions
2 238
-
9 035
-
unemployment
2 336
-
9 428
-
total
11 167
-
104 118
-
Employer
33 564
-
209 987
-
other
-
-
-
-
unemployment
1 063
-
4 293
-
pensions
4 474
-
18 057
-
health
1 527
-
6 163
-
total
7 064
-
28 513
-
Corporate
197 871
238 500
-
-
income
51 447
62 009
-
-
total
51 447
62 009
-
-
Dividends
146 424
176 491
-
-
withholding
21 963
26 474
-
-
total
21 963
26 474
-
-
Income
238 500
238 500
238 500
238 500
Total tax
91 641
88 483
132 631
126 426
After tax
146 859
150 017
105 869
112 074
Living cost
22 397
22 397
22 397
22 397
Free-cash
124 462
127 620
83 472
89 677

Estimated living cost  is ₽22397 per week

₽13694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103063
₽109828
₽107001
₽85733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 334
pensions
-
-
-
10 375
total
-
-
-
84 709
Employee
64 941
-
207 805
-
health
943
-
2 788
-
income
11 696
-
60 157
-
pensions
5 512
-
12 337
-
total
18 151
-
75 282
-
Employer
64 941
-
207 805
-
pensions
7 030
-
26 746
-
health
1 234
-
3 949
-
total
8 264
-
30 695
-
Corporate
165 295
238 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

31 406
45 314
-
-
total
31 406
45 314
-
-
Dividends
133 890
193 186
-
-
withholding
24 061
43 333
-
-
total
24 061
43 333
-
-
Income
238 500
238 500
238 500
238 500
Total tax
81 882
88 647
105 977
84 709
After tax
156 618
149 853
132 523
153 791
Living cost
46 790
46 790
46 790
46 790
Free-cash
109 828
103 063
85 733
107 001

Estimated living cost  is ₽46790 per week

₽35055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
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.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31718
₽64810
₽111075
₽102983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 515
pensions
-
-
-
21 942
other

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

-
-
-
4 769
regional
-
-
-
13 659
health
-
-
-
536
national
-
-
-
6 662
total
-
-
-
50 083
Employee
90 510
-
214 941
-
city
971
-
2 328
-
regional
2 964
-
12 240
-
health
205
-
483
-
pensions
7 604
-
16 414
-
unemployment
-
-
-
-
national
428
-
5 514
-
total
12 172
-
36 979
-
Employer
90 510
-
214 941
-
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.

1 810
-
4 299
-
unemployment
-
-
-
-
pensions
7 604
-
16 414
-
health
205
-
483
-
total
9 619
-
21 196
-
Corporate
137 376
238 500
-
-
regional
29 056
50 443
-
-
national
11 676
20 272
-
-
total
40 732
70 715
-
-
Dividends
96 645
167 785
-
-
withholding
33 825
58 725
-
-
total
33 825
58 725
-
-
Income
238 500
238 500
238 500
238 500
Total tax
96 348
129 440
58 175
50 083
After tax
142 152
109 060
180 325
188 417
Living cost
77 342
77 342
77 342
77 342
Free-cash
64 810
31 718
102 983
111 075

Estimated living cost  is ₽77342 per week

₽50295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽950
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽71245
₽87703
₽67497
₽100307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
238 500
trade
-
-
-
32 810
income

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

-
-
-
80 346
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.

-
-
-
6 934
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.

-
-
-
4 418
total
-
-
-
124 508
Employee

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

60 997
-
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.

6 934
-
6 934
-
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.

395
-
4 418
-
income

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

7 173
-
80 346
-
total
14 502
-
91 698
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 503
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.

1 464
1 968
-
-
income
26 626
35 775
-
-
trade
30 441
40 902
-
-
chamber of commerce
404
489
-
-
total
58 935
79 134
-
-
Dividends
118 568
159 366
-
-
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.

1 608
2 171
-
-
withholding
29 257
39 455
-
-
total
30 865
41 626
-
-
Income
238 500
238 500
238 500
238 500
Total tax
104 302
120 760
91 698
124 508
After tax
134 198
117 740
146 802
113 992
Living cost
46 495
46 495
46 495
46 495
Free-cash
87 703
71 245
100 307
67 497

Estimated living cost  is ₽46495 per week

₽33958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85479
₽91476
₽94904
₽87270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 897
pensions
-
-
-
36 836
other
-
-
-
7 394
health
-
-
-
11 949
surtax
-
-
-
-
social contributions
-
-
-
6 795
total
-
-
-
108 871
Employee
43 438
-
181 475
-
social contributions
1 238
-
5 171
-
surtax
-
-
-
-
income
2 564
-
40 400
-
pensions
4 911
-
13 908
-
total
8 713
-
59 479
-
Employer
43 438
-
181 475
-
other
1 498
-
7 628
-
social contributions
131
-
545
-
unemployment
1 758
-
7 350
-
pensions
7 136
-
23 185
-
health
3 041
-
18 318
-
total
13 564
-
57 026
-
Corporate
181 496
238 500
-
-
surtax
-
-
-
-
income
50 819
66 780
-
-
total
50 819
66 780
-
-
Dividends
130 677
171 720
-
-
surtax
-
-
-
-
social contributions
22 477
29 536
-
-
withholding
16 726
21 980
-
-
total
39 203
51 516
-
-
Income
238 500
238 500
238 500
238 500
Total tax
112 299
118 296
116 505
108 871
After tax
126 201
120 204
121 995
129 629
Living cost
34 725
34 725
34 725
34 725
Free-cash
91 476
85 479
87 270
94 904

Estimated living cost  is ₽34725 per week

₽21895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88920
₽94558
₽98345
₽90711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 897
pensions
-
-
-
36 836
other
-
-
-
7 394
health
-
-
-
11 949
surtax
-
-
-
-
social contributions
-
-
-
6 795
total
-
-
-
108 871
Employee
38 775
-
181 475
-
social contributions
1 106
-
5 171
-
surtax
-
-
-
-
income
1 999
-
40 400
-
pensions
4 386
-
13 908
-
total
7 491
-
59 479
-
Employer
38 775
-
181 475
-
other
1 339
-
7 628
-
social contributions
116
-
545
-
unemployment
1 570
-
7 350
-
pensions
6 371
-
23 185
-
health
2 714
-
18 318
-
total
12 110
-
57 026
-
Corporate
187 616
238 500
-
-
surtax
-
-
-
-
income
52 533
66 780
-
-
total
52 533
66 780
-
-
Dividends
135 083
171 720
-
-
surtax
-
-
-
-
social contributions
23 234
29 536
-
-
withholding
17 290
21 980
-
-
total
40 524
51 516
-
-
Income
238 500
238 500
238 500
238 500
Total tax
112 658
118 296
116 505
108 871
After tax
125 842
120 204
121 995
129 629
Living cost
31 284
31 284
31 284
31 284
Free-cash
94 558
88 920
90 711
98 345

Estimated living cost  is ₽31284 per week

₽18143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
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.
₽9370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123984
₽124513
₽131643
₽124970
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
35 775
health
-
-
-
16 647
social contributions
-
-
-
32 913
total
-
-
-
85 335
Employee
34 413
-
238 500
-
social contributions
4 750
-
32 913
-
health
2 402
-
16 647
-
income
5 740
-
42 448
-
total
12 892
-
92 008
-
Employer
34 413
-
238 500
-
total
-
-
-
-
Corporate
204 087
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%.

10 204
11 924
-
-
total
10 204
11 924
-
-
Dividends
193 883
226 576
-
-
health
13 532
15 815
-
-
social contributions
26 755
31 268
-
-
withholding
29 082
33 987
-
-
total
69 369
81 070
-
-
Income
238 500
238 500
238 500
238 500
Total tax
92 465
92 994
92 008
85 335
After tax
146 035
145 506
146 492
153 165
Living cost
21 522
21 522
21 522
21 522
Free-cash
124 513
123 984
124 970
131 643

Estimated living cost  is ₽21522 per week

₽14403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95631
₽94057
₽86253
₽26588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
953
income
-
-
-
78 100
pensions
-
-
-
21 936
unemployment
-
-
-
6 225
health
-
-
-
9 070
surtax
-
-
-
200
total
-
-
-
116 484
Employee
50 723
40 447
198 351
-
other
507
404
1 186
-
health
1 963
1 566
4 588
-
income
5 774
2 983
65 904
-
pensions
5 195
4 141
12 142
-
unemployment
1 522
1 213
3 557
-
total
14 961
10 307
87 377
-
Employer
50 723
40 447
198 351
-
accident
659
526
1 541
-
other
2 410
1 920
8 742
-
chamber of commerce
202
162
794
-
unemployment
1 522
1 213
3 557
-
surtax
200
200
200
-
pensions
6 366
5 077
14 881
-
payroll
1 522
1 213
5 950
-
health
1 916
1 529
4 482
-
total
14 797
11 840
40 147
-
Corporate
172 981
186 211
194 501
-
income

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

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

43 246
46 553
48 625
-
total
43 246
46 553
48 625
-
Dividends
129 736
139 658
-
-
withholding
35 676
38 406
-
-
total
35 676
38 406
-
-
Income
238 500
238 500
238 500
238 500
Total tax
108 680
107 106
176 149
116 484
After tax
129 820
131 394
62 351
122 016
Living cost
35 763
35 763
35 763
35 763
Free-cash
94 057
95 631
26 588
86 253

Estimated living cost  is ₽35763 per week

₽23852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93308
₽81032
₽66780
₽43632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
96 619
communal

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

-
-
-
12 791
social contributions
-
-
-
25 304
total
-
-
-
134 714
Employee

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

72 600
-
184 724
-
communal

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

3 787
-
9 634
-
health

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

3 411
-
8 683
-
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.

5 445
-
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.

632
-
1 606
-
national
22 320
-
70 311
-
total
35 595
-
104 088
-
Employer

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

72 600
-
184 724
-
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.

944
-
2 402
-
unemployment

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

1 059
-
2 696
-
surtax
8 232
-
20 948
-
pensions

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

6 433
-
16 366
-
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.

4 465
-
11 362
-
total
21 133
-
53 774
-
Corporate
144 767
238 500
-
-
surtax
580
1 036
-
-
income
28 953
51 830
-
-
total
29 533
52 866
-
-
Dividends
115 235
185 634
-
-
withholding

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

34 201
55 320
-
-
total
34 201
55 320
-
-
Income
238 500
238 500
238 500
238 500
Total tax
120 462
108 186
157 862
134 714
After tax
118 038
130 314
80 638
103 786
Living cost
37 006
37 006
37 006
37 006
Free-cash
81 032
93 308
43 632
66 780

Estimated living cost  is ₽37006 per week

₽23837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121602
₽114648
₽96523
₽92265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
accident
-
-
-
847
income
-
-
-
77 101
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
105 323
Employee
50 522
-
208 509
-
other
50
-
94
-
income
10 660
-
73 617
-
pensions
2 375
-
4 422
-
unemployment
784
-
1 458
-
total
13 869
-
79 591
-
Employer
50 522
-
208 509
-
accident
1 000
-
1 862
-
other
403
-
753
-
unemployment
2 779
-
5 173
-
pensions
11 922
-
22 202
-
total
16 104
-
29 990
-
Corporate
171 874
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.

25 780
35 775
-
-
total
25 780
35 775
-
-
Dividends
146 094
202 725
-
-
withholding
31 445
44 469
-
-
total
31 445
44 469
-
-
Income
238 500
238 500
238 500
238 500
Total tax
87 198
80 244
109 581
105 323
After tax
151 302
158 256
128 919
133 177
Living cost
36 654
36 654
36 654
36 654
Free-cash
114 648
121 602
92 265
96 523

Estimated living cost  is ₽36654 per week

₽26992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79018
₽65059
₽56073
₽65578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
accident
-
-
-
2 011
income
-
-
-
45 857
pensions
-
-
-
35 748
health
-
-
-
16 757
surtax
-
-
-
11 824
communal
-
-
-
15 073
total
-
-
-
127 270
Employee
76 861
-
213 041
-
health
3 421
-
9 482
-
surtax
4 711
-
13 057
-
income
7 424
-
52 723
-
pensions
6 148
-
17 044
-
total
21 704
-
92 306
-
Employer
76 861
-
213 041
-
accident
691
-
1 916
-
pensions
6 148
-
17 044
-
health
2 344
-
6 499
-
total
9 183
-
25 459
-
Corporate
152 455
238 500
-
-
surtax
1 601
2 504
-
-
communal
10 291
16 098
-
-
income
22 868
35 775
-
-
total
34 760
54 377
-
-
Dividends
117 696
184 123
-
-
income
34 983
22 330
-
-
withholding
17 654
27 618
-
-
total
52 637
49 948
-
-
Income
238 500
238 500
238 500
238 500
Total tax
118 284
104 325
117 765
127 270
After tax
120 216
134 175
120 735
111 230
Living cost
55 157
55 157
55 157
55 157
Free-cash
65 059
79 018
65 578
56 073

Estimated living cost  is ₽55157 per week

₽41376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127220
₽123993
₽89277
₽83072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 449
pensions
-
-
-
27 092
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 617
surtax
-
-
-
13 037
total
-
-
-
126 426
Employee
34 180
-
209 987
-
other
-
-
-
-
health
873
-
3 453
-
surtax
121
-
11 824
-
income
5 730
-
70 378
-
pensions
2 280
-
9 035
-
unemployment
2 379
-
9 428
-
total
11 383
-
104 118
-
Employer
34 180
-
209 987
-
other
-
-
-
-
unemployment
1 084
-
4 293
-
pensions
4 557
-
18 057
-
health
1 554
-
6 163
-
total
7 195
-
28 513
-
Corporate
197 124
238 500
-
-
income
51 252
62 009
-
-
total
51 252
62 009
-
-
Dividends
145 872
176 491
-
-
withholding
21 880
26 474
-
-
total
21 880
26 474
-
-
Income
238 500
238 500
238 500
238 500
Total tax
91 710
88 483
132 631
126 426
After tax
146 790
150 017
105 869
112 074
Living cost
22 797
22 797
22 797
22 797
Free-cash
123 993
127 220
83 072
89 277

Estimated living cost  is ₽22797 per week

₽13764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and 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 of data for Athens model

Close
Naples , Italy
₽98020
₽95768
₽87491
₽78935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 502
regional
-
-
-
3 811
national
-
-
-
67 557
social contributions
-
-
-
50 798
total
-
-
-
123 668
Employee
56 301
-
238 500
-
social contributions
18 985
-
66 597
-
regional
758
-
3 489
-
municipal
299
-
1 375
-
national
8 920
-
60 763
-
total
28 962
-
132 224
-
Employer
56 301
-
238 500
-
total
-
-
-
-
Corporate
182 199
238 500
-
-
nationa
43 727
57 241
-
-
municipal
9 054
11 853
-
-
total
52 781
69 094
-
-
Dividends
129 417
169 406
-
-
withholding
33 648
44 045
-
-
total
33 648
44 045
-
-
Income
238 500
238 500
238 500
238 500
Total tax
115 391
113 139
132 224
123 668
After tax
123 109
125 361
106 276
114 832
Living cost
27 341
27 341
27 341
27 341
Free-cash
95 768
98 020
78 935
87 491

Estimated living cost  is ₽27341 per week

₽17003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134225
₽123530
₽112018
₽101406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
25 694
health
-
-
-
32 197
solidarity contribution
-
-
-
3 597
social contributions
-
-
-
35 012
total
-
-
-
96 500
Employee
44 092
-
191 307
-
social contributions
2 866
-
7 794
-
health
5 952
-
25 826
-
solidarity contribution
-
-
2 645
-
income
5 291
-
23 653
-
total
14 109
-
59 918
-
Employer
44 092
-
191 307
-
social contributions
11 023
-
29 976
-
health
3 968
-
17 218
-
total
14 991
-
47 194
-
Corporate
179 417
238 500
-
-
income
34 089
45 315
-
-
total
34 089
45 315
-
-
Dividends
145 328
193 185
-
-
withholding
21 799
28 978
-
-
total
21 799
28 978
-
-
Income
238 500
238 500
238 500
238 500
Total tax
84 988
74 293
107 112
96 500
After tax
153 512
164 207
131 388
142 000
Living cost
29 982
29 982
29 982
29 982
Free-cash
123 530
134 225
101 406
112 018

Estimated living cost  is ₽29982 per week

₽22297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
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.
₽5506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99121
₽98618
₽89835
₽30016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
953
income
-
-
-
78 100
pensions
-
-
-
21 936
unemployment
-
-
-
6 225
health
-
-
-
9 070
surtax
-
-
-
-
total
-
-
-
116 284
Employee
44 366
40 447
198 540
-
other
443
404
1 186
-
health
1 716
1 566
4 588
-
income
3 952
2 983
65 998
-
pensions
4 544
4 141
12 142
-
unemployment
1 331
1 213
3 557
-
total
11 986
10 307
87 471
-
Employer
44 366
40 447
198 540
-
accident
576
526
1 541
-
other
2 107
1 920
8 750
-
chamber of commerce
177
162
794
-
unemployment
1 331
1 213
3 557
-
surtax
-
-
-
-
pensions
5 568
5 077
14 881
-
payroll
1 331
1 213
5 955
-
health
1 678
1 529
4 482
-
total
12 768
11 640
39 960
-
Corporate
181 366
186 412
194 688
-
income

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

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

45 341
46 603
48 672
-
total
45 341
46 603
48 672
-
Dividends
136 024
139 809
-
-
withholding
37 406
38 448
-
-
total
37 406
38 448
-
-
Income
238 500
238 500
238 500
238 500
Total tax
107 501
106 998
176 103
116 284
After tax
130 999
131 502
62 397
122 216
Living cost
32 381
32 381
32 381
32 381
Free-cash
98 618
99 121
30 016
89 835

Estimated living cost  is ₽32381 per week

₽19424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽212144
₽209438
₽221684
₽176369
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 038
-
238 500
-
income
3 608
-
47 700
-
total
3 608
-
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%.

220 462
238 500
-
-
total
-
-
-
-
Dividends
220 462
238 500
-
-
withholding
11 023
11 925
-
-
total
11 023
11 925
-
-
Income
238 500
238 500
238 500
238 500
Total tax
14 631
11 925
47 700
2 385
After tax
223 869
226 575
190 800
236 115
Living cost
14 430
14 430
14 430
14 430
Free-cash
209 438
212 144
176 369
221 684

Estimated living cost  is ₽14430 per week

₽9765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136985
₽128492
₽82431
₽77254
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
238 500
income
-
-
-
61 463
pensions
-
-
-
43 556
unemployment
-
-
-
358
health
-
-
-
23 469
total
-
-
-
128 846
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 881
-
206 369
-
health
2 899
-
13 330
-
income
7 740
-
56 286
-
pensions
6 957
-
31 988
-
unemployment
64
-
289
-
total
17 660
-
101 893
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 881
-
206 369
-
unemployment
27
-
123
-
pensions
3 972
-
18 263
-
health
2 989
-
13 744
-
total
6 988
-
32 130
-
Corporate
186 631
238 500
-
-
income
35 461
45 314
-
-
total
35 461
45 314
-
-
Dividends
151 170
193 186
-
-
withholding
22 676
28 978
-
-
total
22 676
28 978
-
-
Income
238 500
238 500
238 500
238 500
Total tax
82 785
74 292
134 023
128 846
After tax
155 715
164 208
104 477
109 654
Living cost
27 223
27 223
27 223
27 223
Free-cash
128 492
136 985
77 254
82 431

Estimated living cost  is ₽27223 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101091
₽52573
₽120811
₽181070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
46 488
social contributions
-
-
-
27 189
total
-
-
-
73 677
Employee
63 107
-
-
-
social contributions
5 175
-
737
-
income
13 920
-
-
-
total
19 095
-
737
-
Employer
63 107
-
-
-
social contributions
88 981
-
12 681
-
total
88 981
-
12 681
-
Corporate
86 413
238 500
-
-
income
19 011
52 470
-
-
total
19 011
52 470
-
-
Dividends
67 402
186 030
-
-
income
14 828
40 927
-
-
total
14 828
40 927
-
-
Income
238 500
238 500
238 500
238 500
Total tax
141 915
93 397
13 418
73 677
After tax
96 585
145 103
225 082
164 823
Living cost
44 012
44 012
44 012
44 012
Free-cash
52 573
101 091
181 070
120 811

Estimated living cost  is ₽44012 per week

₽28557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4139
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.
₽10755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103822
₽102801
₽92061
₽73055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
238 500
income
-
-
-
31 725
surtax
-
-
-
-
social contributions

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

-
-
-
82 878
total
-
-
-
114 603
Employee
46 680
-
192 727
-
social contributions
5 135
-
21 200
-
surtax
-
-
435
-
income
9 710
-
66 201
-
total
14 845
-
87 836
-
Employer
46 680
-
192 727
-
social contributions
11 086
-
45 773
-
total
11 086
-
45 773
-
Corporate
180 734
238 500
-
-
surtax
-
-
-
-
income
37 955
50 085
-
-
total
37 955
50 085
-
-
Dividends
142 779
188 415
-
-
withholding
39 977
52 757
-
-
total
39 977
52 757
-
-
Income
238 500
238 500
238 500
238 500
Total tax
103 863
102 842
133 609
114 603
After tax
134 637
135 658
104 891
123 897
Living cost
31 836
31 836
31 836
31 836
Free-cash
102 801
103 822
73 055
92 061

Estimated living cost  is ₽31836 per week

₽23820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71183
₽78162
₽80608
₽72974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 897
pensions
-
-
-
36 836
other
-
-
-
7 394
health
-
-
-
11 949
surtax
-
-
-
-
social contributions
-
-
-
6 795
total
-
-
-
108 871
Employee
63 568
-
181 475
-
social contributions
1 810
-
5 171
-
surtax
-
-
-
-
income
5 546
-
40 400
-
pensions
7 190
-
13 908
-
total
14 546
-
59 479
-
Employer
63 568
-
181 475
-
other
2 194
-
7 628
-
social contributions
191
-
545
-
unemployment
2 575
-
7 350
-
pensions
10 445
-
23 185
-
health
4 449
-
18 318
-
total
19 854
-
57 026
-
Corporate
155 078
238 500
-
-
surtax
-
-
-
-
income
43 421
66 780
-
-
total
43 421
66 780
-
-
Dividends
111 657
171 720
-
-
surtax
-
-
-
-
social contributions
19 205
29 536
-
-
withholding
14 291
21 980
-
-
total
33 496
51 516
-
-
Income
238 500
238 500
238 500
238 500
Total tax
111 317
118 296
116 505
108 871
After tax
127 183
120 204
121 995
129 629
Living cost
49 021
49 021
49 021
49 021
Free-cash
78 162
71 183
72 974
80 608

Estimated living cost  is ₽49021 per week

₽33176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽184141
₽180731
₽143081
₽149420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 440
social contributions
-
-
-
52 470
total
-
-
-
64 910
Employee
32 630
-
206 493
-
income
-
-
13 143
-
social contributions
2 121
-
13 421
-
total
2 121
-
26 564
-
Employer
32 630
-
206 493
-
social contributions
5 058
-
32 007
-
total
5 058
-
32 007
-
Corporate
200 813
238 500
-
-
income
20 081
23 850
-
-
total
20 081
23 850
-
-
Dividends
180 731
214 650
-
-
total
-
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
27 260
23 850
58 571
64 910
After tax
211 240
214 650
179 929
173 590
Living cost
30 509
30 509
30 509
30 509
Free-cash
180 731
184 141
149 420
143 081

Estimated living cost  is ₽30509 per week

₽19727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17360
₽9885
₽88330
₽17360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 454
pensions
-
-
-
880
national
-
-
-
29 945
labour market
-
-
-
19 010
total
-
-
-
101 289
Employee
206 316
206 316
206 316
-
labour market
16 482
16 482
16 482
-
national
25 205
25 205
25 205
-
municipal
43 934
43 934
43 934
-
pensions
293
293
293
-
total
85 914
85 914
85 914
-
Employer
206 316
206 316
206 316
-
labour market
16 505
16 505
16 505
-
municipal
44 004
44 004
44 004
-
pensions
587
587
587
-
national
25 249
25 249
25 249
-
total
86 345
86 345
86 345
-
Corporate
17 360
-
-
-
income
3 819
-
-
-
total
3 819
-
-
-
Dividends
13 541
-
-
-
withholding
3 656
-
-
-
total
3 656
-
-
-
Income
238 500
238 500
238 500
238 500
Total tax
179 734
172 259
172 259
101 289
After tax
58 766
66 241
66 241
137 211
Living cost
48 881
48 881
48 881
48 881
Free-cash
9 885
17 360
17 360
88 330

Estimated living cost  is ₽48881 per week

₽33455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2473
₽15975
₽141028
₽109914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
accident
-
-
-
254
income
-
-
-
68 680
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
75 682
Employee
34 278
-
218 425
-
health
3 925
-
25 010
-
income
4 703
-
54 039
-
pensions
3 860
-
7 670
-
total
12 488
-
86 719
-
Employer
34 278
-
218 425
-
accident
572
-
3 648
-
unemployment
840
-
5 352
-
pensions
5 574
-
11 076
-
total
6 986
-
20 076
-
Corporate
197 236
238 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

177 513
214 650
-
-
total
177 513
214 650
-
-
Dividends
19 723
23 850
-
-
withholding
3 747
4 532
-
-
total
3 747
4 532
-
-
Income
238 500
238 500
238 500
238 500
Total tax
200 734
219 182
106 795
75 682
After tax
37 766
19 318
131 705
162 818
Living cost
21 790
21 790
21 790
21 790
Free-cash
15 975
-2 473
109 914
141 028

Estimated living cost  is ₽21790 per week

₽15861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106773
₽109909
₽106187
₽78865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 344
health
-
-
-
3 249
national
-
-
-
47 753
total
-
-
-
93 346
Employee
53 399
-
200 639
-
health
399
-
2 666
-
municipal
8 746
-
32 656
-
pensions
3 604
-
13 544
-
unemployment
801
-
3 010
-
national
882
-
30 931
-
total
14 432
-
82 807
-
Employer
53 399
-
200 639
-
accident
54
-
200
-
unemployment
347
-
1 304
-
pensions
9 264
-
34 812
-
health
410
-
1 545
-
total
10 075
-
37 861
-
Corporate
175 026
238 500
-
-
income
35 006
47 701
-
-
total
35 006
47 701
-
-
Dividends

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

105 015
143 099
-
-
national
11 209
19 302
-
-
municipal
18 902
25 757
-
-
total
30 111
45 059
-
-
Income
238 500
238 500
238 500
238 500
Total tax
89 624
92 760
120 668
93 346
After tax
148 876
145 740
117 832
145 154
Living cost
38 967
38 967
38 967
38 967
Free-cash
109 909
106 773
78 865
106 187

Estimated living cost  is ₽38967 per week

₽25453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150295
₽144770
₽136526
₽134589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 971
health
-
-
-
6 082
social contributions
-
-
-
16 422
total
-
-
-
78 475
Employee
78 045
78 045
225 590
-
social contributions
2 951
6 477
8 737
-
health
605
1 327
3 835
-
income
8 498
7 225
54 929
-
total
12 054
15 029
67 501
-
Employer
78 045
78 045
225 590
-
social contributions
2 951
6 477
8 737
-
health
657
1 445
4 174
-
total
3 608
7 922
12 911
-
Corporate
199 340
152 533
-
-
income
24 917
19 066
-
-
total
24 917
19 066
-
-
Dividends
174 423
133 467
-
-
withholding
29 652
22 689
-
-
total
29 652
22 689
-
-
Income
238 500
238 500
238 500
238 500
Total tax
70 231
64 706
80 412
78 475
After tax
168 269
173 794
158 088
160 025
Living cost
23 499
23 499
23 499
23 499
Free-cash
144 770
150 295
134 589
136 526

Estimated living cost  is ₽23499 per week

₽14083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽181388
₽176222
₽187468
₽167111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
238 500
income
-
-
-
24 760
pensions
-
-
-
6 456
unemployment
-
-
-
29
health
-
-
-
3 673
total
-
-
-
34 918
Employee

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

23 297
-
228 581
-
health
1 980
-
8 186
-
income
1 593
-
22 242
-
pensions
3 494
-
14 445
-
unemployment
116
-
482
-
total
7 183
-
45 355
-
Employer

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

23 297
-
228 581
-
unemployment
116
-
482
-
pensions
1 281
-
5 297
-
health
1 002
-
4 141
-
total
2 399
-
9 920
-
Corporate
212 805
238 500
-
-
income
19 153
21 466
-
-
total
19 153
21 466
-
-
Dividends
193 653
217 034
-
-
withholding
17 429
19 532
-
-
total
17 429
19 532
-
-
Income
238 500
238 500
238 500
238 500
Total tax
46 164
40 998
55 275
34 918
After tax
192 336
197 502
183 225
203 582
Living cost
16 114
16 114
16 114
16 114
Free-cash
176 222
181 388
167 111
187 468

Estimated living cost  is ₽16114 per week

₽10281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130346
₽125862
₽105267
₽101009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
accident
-
-
-
847
income
-
-
-
77 101
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
105 323
Employee
37 529
-
208 509
-
other
37
-
94
-
income
7 235
-
73 617
-
pensions
1 764
-
4 422
-
unemployment
582
-
1 458
-
total
9 618
-
79 591
-
Employer
37 529
-
208 509
-
accident
743
-
1 862
-
other
300
-
753
-
unemployment
2 065
-
5 173
-
pensions
8 856
-
22 202
-
total
11 964
-
29 990
-
Corporate
189 007
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.

28 352
35 775
-
-
total
28 352
35 775
-
-
Dividends
160 655
202 725
-
-
withholding
34 794
44 469
-
-
total
34 794
44 469
-
-
Income
238 500
238 500
238 500
238 500
Total tax
84 728
80 244
109 581
105 323
After tax
153 772
158 256
128 919
133 177
Living cost
27 910
27 910
27 910
27 910
Free-cash
125 862
130 346
101 009
105 267

Estimated living cost  is ₽27910 per week

₽18839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2683
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.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146037
₽145580
₽150601
₽150403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
81 605
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
85 112
Employee
4 245
-
236 213
-
health
212
-
508
-
income
821
-
81 498
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
83 023
-
Employer
4 245
-
236 213
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
233 299
238 500
-
-
income
51 326
52 470
-
-
total
51 326
52 470
-
-
Dividends
181 974
186 030
-
-
withholding
36 395
37 206
-
-
total
36 395
37 206
-
-
Income
238 500
238 500
238 500
238 500
Total tax
90 133
89 676
85 310
85 112
After tax
148 367
148 824
153 190
153 388
Living cost
2 787
2 787
2 787
2 787
Free-cash
145 580
146 037
150 403
150 601

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154756
₽149759
₽137190
₽137189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
238 500
income
-
-
-
55 384
pensions
-
-
-
19 511
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
83 750
Employee

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

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

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

26 480
-
225 068
-
health
1 364
-
3 865
-
income
3 650
-
55 384
-
pensions
3 707
-
10 506
-
unemployment
199
-
563
-
total
8 920
-
70 318
-
Employer

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

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

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

26 480
-
225 068
-
unemployment
199
-
563
-
pensions
3 178
-
9 005
-
health
1 364
-
3 865
-
total
4 741
-
13 433
-
Corporate
207 280
238 500
-
-
income
31 092
35 775
-
-
total
31 092
35 775
-
-
Dividends
176 188
202 725
-
-
withholding
26 428
30 409
-
-
total
26 428
30 409
-
-
Income
238 500
238 500
238 500
238 500
Total tax
71 181
66 184
83 751
83 750
After tax
167 319
172 316
154 749
154 750
Living cost
17 560
17 560
17 560
17 560
Free-cash
149 759
154 756
137 189
137 190

Estimated living cost  is ₽17560 per week

₽11823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
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.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108296
₽107931
₽96535
₽77529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
238 500
income
-
-
-
31 725
surtax
-
-
-
-
social contributions

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

-
-
-
82 878
total
-
-
-
114 603
Employee
39 393
-
192 727
-
social contributions
4 334
-
21 200
-
surtax
-
-
435
-
income
7 697
-
66 201
-
total
12 031
-
87 836
-
Employer
39 393
-
192 727
-
social contributions
9 355
-
45 773
-
total
9 355
-
45 773
-
Corporate
189 753
238 500
-
-
surtax
-
-
-
-
income
39 848
50 085
-
-
total
39 848
50 085
-
-
Dividends
149 904
188 415
-
-
withholding
41 973
52 757
-
-
total
41 973
52 757
-
-
Income
238 500
238 500
238 500
238 500
Total tax
103 207
102 842
133 609
114 603
After tax
135 293
135 658
104 891
123 897
Living cost
27 362
27 362
27 362
27 362
Free-cash
107 931
108 296
77 529
96 535

Estimated living cost  is ₽27362 per week

₽19380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
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.
₽5597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122586
₽115942
₽97507
₽93249
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
accident
-
-
-
847
income
-
-
-
77 101
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
105 323
Employee
49 017
-
208 509
-
other
48
-
94
-
income
10 238
-
73 617
-
pensions
2 304
-
4 422
-
unemployment
759
-
1 458
-
total
13 349
-
79 591
-
Employer
49 017
-
208 509
-
accident
971
-
1 862
-
other
393
-
753
-
unemployment
2 696
-
5 173
-
pensions
11 568
-
22 202
-
total
15 628
-
29 990
-
Corporate
173 854
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.

26 079
35 775
-
-
total
26 079
35 775
-
-
Dividends
147 776
202 725
-
-
withholding
31 832
44 469
-
-
total
31 832
44 469
-
-
Income
238 500
238 500
238 500
238 500
Total tax
86 888
80 244
109 581
105 323
After tax
151 612
158 256
128 919
133 177
Living cost
35 670
35 670
35 670
35 670
Free-cash
115 942
122 586
93 249
97 507

Estimated living cost  is ₽35670 per week

₽25617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽186450
₽180264
₽175788
₽185786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
income
-
-
-
35 775
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
45 245
Employee
23 129
-
231 542
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
23 154
-
pensions

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

2 030
-
3 114
-
total
5 661
-
28 289
-
Employer
23 129
-
231 542
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
210 833
238 500
-
-
income
21 083
23 850
-
-
total
21 083
23 850
-
-
Dividends
189 750
214 650
-
-
withholding
9 487
10 733
-
-
total
9 487
10 733
-
-
Income
238 500
238 500
238 500
238 500
Total tax
40 769
34 583
35 247
45 245
After tax
197 731
203 917
203 253
193 255
Living cost
17 467
17 467
17 467
17 467
Free-cash
180 264
186 450
185 786
175 788

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83462
₽96739
₽80163
₽107617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
238 500
trade
-
-
-
27 454
income

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

-
-
-
80 346
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.

-
-
-
6 934
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.

-
-
-
4 418
total
-
-
-
119 152
Employee

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

50 500
-
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.

6 934
-
6 934
-
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.

229
-
4 418
-
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.

4 153
-
80 346
-
total
11 316
-
91 698
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
188 000
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.

1 550
1 968
-
-
income
28 199
35 775
-
-
trade
26 978
34 224
-
-
chamber of commerce
430
505
-
-
total
57 157
72 472
-
-
Dividends
130 842
166 028
-
-
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.

1 778
2 261
-
-
withholding
32 325
41 121
-
-
total
34 103
43 382
-
-
Income
238 500
238 500
238 500
238 500
Total tax
102 576
115 854
91 698
119 152
After tax
135 924
122 646
146 802
119 348
Living cost
39 184
39 184
39 184
39 184
Free-cash
96 739
83 462
107 617
80 163

Estimated living cost  is ₽39184 per week

₽27030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109134
₽111376
₽60887
₽60887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
78 624
social contributions
-
-
-
41 173
total
-
-
-
119 797
Employee
79 392
-
238 500
-
income
14 981
-
78 624
-
social contributions
6 596
-
41 173
-
total
21 577
-
119 797
-
Employer
79 392
-
238 500
-
total
-
-
-
-
Corporate
159 108
238 500
-
-
income
19 888
29 812
-
-
total
19 888
29 812
-
-
Dividends
139 220
208 688
-
-
withholding
27 843
41 738
-
-
total
27 843
41 738
-
-
Income
238 500
238 500
238 500
238 500
Total tax
69 308
71 550
119 797
119 797
After tax
169 192
166 950
118 703
118 703
Living cost
57 816
57 816
57 816
57 816
Free-cash
111 376
109 134
60 887
60 887

Estimated living cost  is ₽57816 per week

₽43985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112820
₽116367
₽159071
₽129090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
6 811
total
-
-
-
42 586
Employee
46 560
-
233 831
-
income
5 052
-
63 229
-
social contributions
4 665
-
4 669
-
total
9 717
-
67 898
-
Employer
46 560
-
233 831
-
social contributions
4 665
-
4 669
-
total
4 665
-
4 669
-
Corporate
187 275
238 500
-
-
income
65 546
83 475
-
-
total
65 546
83 475
-
-
Dividends
121 729
155 025
-
-
social contributions
5 362
5 362
-
-
total
5 362
5 362
-
-
Income
238 500
238 500
238 500
238 500
Total tax
85 290
88 837
72 567
42 586
After tax
153 210
149 663
165 933
195 914
Living cost
36 843
36 843
36 843
36 843
Free-cash
116 367
112 820
129 090
159 071

Estimated living cost  is ₽36843 per week

₽24268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111814
₽117877
₽115752
₽94484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 334
pensions
-
-
-
10 375
total
-
-
-
84 709
Employee
52 214
-
207 805
-
health
681
-
2 788
-
income
9 509
-
60 157
-
pensions
3 985
-
12 337
-
total
14 175
-
75 282
-
Employer
52 214
-
207 805
-
pensions
5 275
-
26 746
-
health
992
-
3 949
-
total
6 267
-
30 695
-
Corporate
180 019
238 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

34 204
45 314
-
-
total
34 204
45 314
-
-
Dividends
145 814
193 186
-
-
withholding
27 938
43 333
-
-
total
27 938
43 333
-
-
Income
238 500
238 500
238 500
238 500
Total tax
82 584
88 647
105 977
84 709
After tax
155 916
149 853
132 523
153 791
Living cost
38 039
38 039
38 039
38 039
Free-cash
117 877
111 814
94 484
115 752

Estimated living cost  is ₽38039 per week

₽26094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4630
₽15645
₽138870
₽107757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 500
accident
-
-
-
254
income
-
-
-
68 680
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
75 682
Employee
37 671
-
218 425
-
health
4 313
-
25 010
-
income
5 168
-
54 039
-
pensions
4 242
-
7 670
-
total
13 723
-
86 719
-
Employer
37 671
-
218 425
-
accident
629
-
3 648
-
unemployment
923
-
5 352
-
pensions
6 125
-
11 076
-
total
7 677
-
20 076
-
Corporate
193 152
238 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

173 837
214 650
-
-
total
173 837
214 650
-
-
Dividends
19 315
23 850
-
-
withholding
3 670
4 532
-
-
total
3 670
4 532
-
-
Income
238 500
238 500
238 500
238 500
Total tax
198 907
219 182
106 795
75 682
After tax
39 593
19 318
131 705
162 818
Living cost
23 948
23 948
23 948
23 948
Free-cash
15 645
-4 630
107 757
138 870

Estimated living cost  is ₽23948 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168747
₽165677
₽139947
₽162256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
811
health insurance
-
-
-
12 007
income
-
-
-
40 227
pensions
-
-
-
29 856
unemployment
-
-
-
1 947
total
-
-
-
84 848
Employee

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

21 928
-
238 500
-
work injury
110
-
406
-
income
2 193
-
40 227
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
62 539
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
216 572
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%.

21 657
23 850
-
-
total
21 657
23 850
-
-
Dividends
194 915
214 650
-
-
withholding
29 237
32 198
-
-
total
29 237
32 198
-
-
Income
238 500
238 500
238 500
238 500
Total tax
59 118
56 048
62 539
84 848
After tax
179 382
182 452
175 961
153 652
Living cost
13 705
13 705
13 705
13 705
Free-cash
165 677
168 747
162 256
139 947

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85191
₽80575
₽72111
₽63774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 689
regional
-
-
-
5 912
national
-
-
-
67 557
social contributions
-
-
-
50 798
total
-
-
-
125 956
Employee
85 526
-
238 500
-
social contributions
28 839
-
66 597
-
regional
1 291
-
5 386
-
municipal
510
-
1 547
-
national
14 453
-
60 763
-
total
45 093
-
134 293
-
Employer
85 526
-
238 500
-
total
-
-
-
-
Corporate
152 974
238 500
-
-
nationa
36 715
57 241
-
-
municipal
7 373
11 497
-
-
total
44 088
68 738
-
-
Dividends
108 886
169 763
-
-
withholding
28 311
44 138
-
-
total
28 311
44 138
-
-
Income
238 500
238 500
238 500
238 500
Total tax
117 492
112 876
134 293
125 956
After tax
121 008
125 624
104 207
112 544
Living cost
40 433
40 433
40 433
40 433
Free-cash
80 575
85 191
63 774
72 111

Estimated living cost  is ₽40433 per week

₽28402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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