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
₽ 239500
per

Your estimated
City
free-cash

Dresden , Germany
₽90520
₽116928
₽86500
₽101540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 500
income

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

-
-
-
81 135
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.

-
-
-
4 463
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.

-
-
-
6 805
trade
-
-
-
30 428
total
-
-
-
122 831
Employee

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

38 096
-
239 500
-
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.

59
-
4 463
-
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.

1 064
-
81 135
-
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.

6 805
-
6 805
-
total
7 928
-
92 403
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
201 404
239 500
-
-
income
30 210
35 924
-
-
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.

1 661
1 975
-
-
chamber of commerce
440
495
-
-
trade
31 721
37 722
-
-
total
64 032
76 116
-
-
Dividends
137 371
163 383
-
-
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.

1 867
2 227
-
-
withholding
33 964
40 468
-
-
total
35 831
42 695
-
-
Income
239 500
239 500
239 500
239 500
Total tax
107 791
118 811
92 403
122 831
After tax
131 709
120 689
147 097
116 669
Living cost
30 169
30 169
30 169
30 169
Free-cash
101 540
90 520
116 928
86 500

Estimated living cost  is ₽30169 per week

₽18977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96710
₽84585
₽83300
₽95833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
social contributions
-
-
-
2 575
municipal
-
-
-
26 635
national
-
-
-
45 512
pensions
-
-
-
28 740
total
-
-
-
103 462
Employee
81 754
-
207 046
-
municipal
10 098
-
27 563
-
pensions
3 270
-
8 282
-
national
15 648
-
47 542
-
total
29 016
-
83 387
-
Employer
81 754
-
207 046
-
pensions
6 540
-
16 564
-
social contributions
879
-
2 226
-
total
7 419
-
18 790
-
Corporate
144 931
239 500
-
-
income

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

28 986
47 900
-
-
total
28 986
47 900
-
-
Dividends
115 945
191 600
-
-
withholding
25 508
42 152
-
-
total
25 508
42 152
-
-
Income
239 500
239 500
239 500
239 500
Total tax
90 929
90 052
102 177
103 462
After tax
148 571
149 448
137 323
136 038
Living cost
52 738
52 738
52 738
52 738
Free-cash
95 833
96 710
84 585
83 300

Estimated living cost  is ₽52738 per week

₽35846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽789
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170878
₽84219
₽67428
₽162708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 500
income
-
-
-
52 115
surtax
-
-
-
61 073
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.

-
-
-
38 162
microenterprise
-
-
-
-
total
-
-
-
151 350
Employee
29 104
-
190 003
-
surtax
-
-
27 551
-
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.

3 202
-
13 057
-
income
5 181
-
44 456
-
total
8 383
-
85 064
-
Employer
29 104
-
190 003
-
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.

7 011
-
28 596
-
surtax
-
-
20 899
-
total
7 011
-
49 495
-
Corporate
203 385
239 500
-
-
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%.

40 676
47 900
-
-
total
40 676
47 900
-
-
Dividends

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

162 709
191 600
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
56 070
47 900
134 559
151 350
After tax
183 430
191 600
104 941
88 150
Living cost
20 722
20 722
20 722
20 722
Free-cash
162 708
170 878
84 219
67 428

Estimated living cost  is ₽20722 per week

₽13220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77806
₽111419
₽86041
₽71703
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
87 782
health
-
-
-
12 282
pensions
-
-
-
11 670
total
-
-
-
111 734
Employee
85 057
85 057
220 990
-
pensions
15 310
11 670
11 670
-
income

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

13 922
13 922
43 894
-
health
13 055
11 105
12 282
-
total
42 287
36 697
67 846
-
Employer
85 057
85 057
220 990
-
health
5 912
5 912
7 347
-
pensions
5 920
5 920
7 358
-
unemployment
3 062
3 062
3 805
-
total
14 894
14 894
18 510
-
Corporate
140 592
139 549
-
-
income
28 118
27 910
-
-
total
28 118
27 910
-
-
Dividends
112 474
111 639
-
-
income
23 901
23 723
-
-
withholding
16 872
16 745
-
-
total
40 773
40 468
-
-
Income
239 500
239 500
239 500
239 500
Total tax
126 072
119 969
86 356
111 734
After tax
113 428
119 531
153 144
127 766
Living cost
41 725
41 725
41 725
41 725
Free-cash
71 703
77 806
111 419
86 041

Estimated living cost  is ₽41725 per week

₽29570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89774
₽77383
₽78376
₽88855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
accident
-
-
-
180
other
-
-
-
10 440
unemployment
-
-
-
90
health
-
-
-
5 606
municipal
-
-
-
63 658
national
-
-
-
30 445
pensions
-
-
-
9 712
total
-
-
-
120 131
Employee
58 411
-
211 272
-
municipal
17 418
-
63 001
-
national
-
-
29 894
-
total
17 418
-
92 895
-
Employer
58 411
-
211 272
-
health
3 592
-
5 525
-
pensions
6 314
-
9 712
-
accident
117
-
180
-
unemployment
1 542
-
2 372
-
other
6 787
-
10 440
-
total
18 352
-
28 229
-
Corporate
162 736
239 500
-
-
income
35 802
52 690
-
-
total
35 802
52 690
-
-
Dividends
126 934
186 810
-
-
withholding
38 080
56 043
-
-
total
38 080
56 043
-
-
Income
239 500
239 500
239 500
239 500
Total tax
109 652
108 733
121 124
120 131
After tax
129 848
130 767
118 376
119 369
Living cost
40 993
40 993
40 993
40 993
Free-cash
88 855
89 774
77 383
78 376

Estimated living cost  is ₽40993 per week

₽27168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80333
₽107969
₽76190
₽94324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 500
income

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

-
-
-
81 135
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.

-
-
-
4 463
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.

-
-
-
6 805
trade
-
-
-
31 779
total
-
-
-
124 182
Employee

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

50 511
-
239 500
-
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.

238
-
4 463
-
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.

4 340
-
81 135
-
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.

6 805
-
6 805
-
total
11 383
-
92 403
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
188 989
239 500
-
-
income
28 349
35 924
-
-
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.

1 559
1 975
-
-
chamber of commerce
420
491
-
-
trade
31 089
39 398
-
-
total
61 417
77 788
-
-
Dividends
127 573
161 711
-
-
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.

1 733
2 202
-
-
withholding
31 515
40 049
-
-
total
33 248
42 251
-
-
Income
239 500
239 500
239 500
239 500
Total tax
106 048
120 039
92 403
124 182
After tax
133 452
119 461
147 097
115 318
Living cost
39 128
39 128
39 128
39 128
Free-cash
94 324
80 333
107 969
76 190

Estimated living cost  is ₽39128 per week

₽26169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4126
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.
₽8249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142202
₽126252
₽128186
₽138070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
56 786
social contributions
-
-
-
16 115
health
-
-
-
6 107
total
-
-
-
79 008
Employee
76 590
76 590
226 732
-
social contributions
3 722
6 357
8 574
-
income
8 043
7 090
55 746
-
health
762
1 302
3 854
-
total
12 527
14 749
68 174
-
Employer
76 590
76 590
226 732
-
health
830
1 418
4 194
-
social contributions
3 722
6 357
8 574
-
total
4 552
7 775
12 768
-
Corporate
190 116
155 136
-
-
income
23 765
19 391
-
-
total
23 765
19 391
-
-
Dividends
166 351
135 745
-
-
withholding
28 280
23 077
-
-
total
28 280
23 077
-
-
Income
239 500
239 500
239 500
239 500
Total tax
69 124
64 992
80 942
79 008
After tax
170 376
174 508
158 558
160 492
Living cost
32 306
32 306
32 306
32 306
Free-cash
138 070
142 202
126 252
128 186

Estimated living cost  is ₽32306 per week

₽22085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116176
₽120609
₽147682
₽116555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
29 279
unemployment
-
-
-
3 593
health
-
-
-
16 765
pensions
-
-
-
23 950
total
-
-
-
73 587
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.

26 317
10 474
200 418
-
unemployment
395
157
3 006
-
pensions
2 632
1 047
20 042
-
income
3 217
1 280
24 501
-
health
1 842
733
14 029
-
total
8 086
3 217
61 578
-
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.

26 317
10 474
200 418
-
pensions
5 132
2 042
39 082
-
total
5 132
2 042
39 082
-
Corporate
208 051
226 984
-
-
income
18 725
20 429
-
-
total
18 725
20 429
-
-
Dividends
189 327
206 555
-
-
social contributions
36 799
40 159
-
-
withholding
35 972
39 246
-
-
total
72 771
79 405
-
-
Income
239 500
239 500
239 500
239 500
Total tax
104 714
105 093
100 660
73 587
After tax
134 786
134 407
138 840
165 913
Living cost
18 231
18 231
18 231
18 231
Free-cash
116 555
116 176
120 609
147 682

Estimated living cost  is ₽18231 per week

₽12441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167542
₽113985
₽104316
₽161354
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
32 093
health
-
-
-
31 135
pensions
-
-
-
47 898
total
-
-
-
111 126
Employee
28 256
-
178 998
-
unemployment
452
-
2 864
-
pensions
565
-
3 580
-
income
3 181
-
34 510
-
total
4 198
-
40 954
-
Employer
28 256
-
178 998
-
health
3 673
-
23 270
-
pensions
5 652
-
35 800
-
unemployment
227
-
1 433
-
total
9 552
-
60 503
-
Corporate
201 693
239 500
-
-
income
40 338
47 900
-
-
total
40 338
47 900
-
-
Dividends
161 355
191 600
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
54 088
47 900
101 457
111 126
After tax
185 412
191 600
138 043
128 374
Living cost
24 058
24 058
24 058
24 058
Free-cash
161 354
167 542
113 985
104 316

Estimated living cost  is ₽24058 per week

₽16501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1433
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.
₽5640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2770
₽110101
₽141331
₽15999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
accident
-
-
-
254
income
-
-
-
68 982
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
76 000
Employee
34 873
-
219 360
-
pensions
3 927
-
7 688
-
income
4 784
-
54 286
-
health
3 993
-
25 117
-
total
12 704
-
87 091
-
Employer
34 873
-
219 360
-
pensions
5 671
-
11 102
-
accident
582
-
3 663
-
unemployment
854
-
5 374
-
total
7 107
-
20 139
-
Corporate
197 520
239 500
-
-
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.

177 768
215 550
-
-
total
177 768
215 550
-
-
Dividends
19 752
23 950
-
-
withholding
3 753
4 551
-
-
total
3 753
4 551
-
-
Income
239 500
239 500
239 500
239 500
Total tax
201 332
220 101
107 230
76 000
After tax
38 168
19 399
132 270
163 500
Living cost
22 169
22 169
22 169
22 169
Free-cash
15 999
-2 770
110 101
141 331

Estimated living cost  is ₽22169 per week

₽16248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽219380
₽183455
₽228960
₽217853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
239 500
microenterprise

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

-
-
-
2 395
total
-
-
-
2 395
Employee
10 181
-
239 500
-
income
2 036
-
47 900
-
total
2 036
-
47 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

229 319
239 500
-
-
total
-
-
-
-
Dividends
229 319
239 500
-
-
withholding
11 466
11 975
-
-
total
11 466
11 975
-
-
Income
239 500
239 500
239 500
239 500
Total tax
13 502
11 975
47 900
2 395
After tax
225 998
227 525
191 600
237 105
Living cost
8 145
8 145
8 145
8 145
Free-cash
217 853
219 380
183 455
228 960

Estimated living cost  is ₽8145 per week

₽5048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149421
₽117699
₽119643
₽142694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
43 107
other
-
-
-
7 194
health
-
-
-
6 665
pensions

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

-
-
-
36 351
total
-
-
-
93 317
Employee
36 165
-
200 937
-
unemployment
361
-
1 514
-
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.

2 531
-
10 602
-
income
6 226
-
42 460
-
health
507
-
2 121
-
total
9 625
-
56 697
-
Employer
36 165
-
200 937
-
health
507
-
2 121
-
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.

6 149
-
25 750
-
accident
289
-
1 607
-
unemployment
361
-
1 514
-
other
1 809
-
7 572
-
total
9 115
-
38 564
-
Corporate
194 221
239 500
-
-
income
40 786
50 295
-
-
total
40 786
50 295
-
-
Dividends
153 435
189 205
-
-
withholding
10 740
13 244
-
-
total
10 740
13 244
-
-
Income
239 500
239 500
239 500
239 500
Total tax
70 266
63 539
95 261
93 317
After tax
169 234
175 961
144 239
146 183
Living cost
26 540
26 540
26 540
26 540
Free-cash
142 694
149 421
117 699
119 643

Estimated living cost  is ₽26540 per week

₽18752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83471
₽66318
₽87638
₽91455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
75 337
pensions
-
-
-
10 217
total
-
-
-
85 554
Employee
93 815
-
208 617
-
pensions
9 051
-
12 093
-
income
16 911
-
61 125
-
health
1 546
-
2 773
-
total
27 508
-
75 991
-
Employer
93 815
-
208 617
-
health
1 782
-
3 963
-
pensions
11 077
-
26 920
-
total
12 859
-
30 883
-
Corporate
132 826
239 500
-
-
income

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

25 237
45 504
-
-
total
25 237
45 504
-
-
Dividends
107 589
193 996
-
-
withholding
16 133
44 217
-
-
total
16 133
44 217
-
-
Income
239 500
239 500
239 500
239 500
Total tax
81 737
89 721
106 874
85 554
After tax
157 763
149 779
132 626
153 946
Living cost
66 308
66 308
66 308
66 308
Free-cash
91 455
83 471
66 318
87 638

Estimated living cost  is ₽66308 per week

₽49686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽191721
₽191324
₽181239
₽187097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
35 925
unemployment
-
-
-
139
health
-
-
-
3 999
pensions

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

-
-
-
5 146
total
-
-
-
45 209
Employee
17 282
-
232 678
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
pensions

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

1 517
-
3 053
-
income
1 728
-
23 268
-
health
795
-
1 599
-
total
4 230
-
28 302
-
Employer
17 282
-
232 678
-
health
1 193
-
2 399
-
pensions

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

1 905
-
3 832
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
unemployment
103
-
209
-
total
3 391
-
6 822
-
Corporate
218 827
239 500
-
-
income
21 883
23 950
-
-
total
21 883
23 950
-
-
Dividends
196 944
215 550
-
-
withholding
9 847
10 777
-
-
total
9 847
10 777
-
-
Income
239 500
239 500
239 500
239 500
Total tax
39 351
34 727
35 124
45 209
After tax
200 149
204 773
204 376
194 291
Living cost
13 052
13 052
13 052
13 052
Free-cash
187 097
191 721
191 324
181 239

Estimated living cost  is ₽13052 per week

₽7620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64300
₽97913
₽72535
₽66803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
87 782
health
-
-
-
12 282
pensions
-
-
-
11 670
total
-
-
-
111 734
Employee
92 345
85 057
220 990
-
pensions
11 670
11 670
11 670
-
income

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

13 922
13 922
43 894
-
health
11 520
11 105
12 282
-
total
37 112
36 697
67 846
-
Employer
92 345
85 057
220 990
-
health
6 417
5 912
7 347
-
pensions
6 427
5 920
7 358
-
unemployment
3 325
3 062
3 805
-
total
16 169
14 894
18 510
-
Corporate
130 987
139 549
-
-
income
26 198
27 910
-
-
total
26 198
27 910
-
-
Dividends
104 790
111 639
-
-
income
22 268
23 723
-
-
withholding
15 719
16 745
-
-
total
37 987
40 468
-
-
Income
239 500
239 500
239 500
239 500
Total tax
117 466
119 969
86 356
111 734
After tax
122 034
119 531
153 144
127 766
Living cost
55 231
55 231
55 231
55 231
Free-cash
66 803
64 300
97 913
72 535

Estimated living cost  is ₽55231 per week

₽40742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140146
₽106978
₽117599
₽131315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
25 733
social contributions
-
-
-
35 614
solidarity contribution
-
-
-
3 471
health
-
-
-
32 333
total
-
-
-
97 151
Employee
36 396
-
191 751
-
solidarity contribution
-
-
2 518
-
social contributions
2 366
-
7 928
-
income
4 368
-
23 691
-
health
4 914
-
25 886
-
total
11 648
-
60 023
-
Employer
36 396
-
191 751
-
health
3 276
-
17 258
-
social contributions
9 099
-
30 491
-
total
12 375
-
47 749
-
Corporate
190 729
239 500
-
-
income
36 238
45 505
-
-
total
36 238
45 505
-
-
Dividends
154 490
193 995
-
-
withholding
23 174
29 099
-
-
total
23 174
29 099
-
-
Income
239 500
239 500
239 500
239 500
Total tax
83 435
74 604
107 772
97 151
After tax
156 065
164 896
131 728
142 349
Living cost
24 750
24 750
24 750
24 750
Free-cash
131 315
140 146
106 978
117 599

Estimated living cost  is ₽24750 per week

₽17191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85753
₽65918
₽74361
₽80554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
social contributions
-
-
-
49 851
regional
-
-
-
3 102
municipal
-
-
-
1 518
national
-
-
-
68 639
total
-
-
-
123 110
Employee
88 521
-
239 500
-
municipal
469
-
1 393
-
national
15 339
-
61 972
-
regional
835
-
2 832
-
social contributions
29 849
-
65 356
-
total
46 492
-
131 553
-
Employer
88 521
-
239 500
-
total
-
-
-
-
Corporate
150 979
239 500
-
-
municipal
5 888
9 341
-
-
nationa
36 234
57 480
-
-
total
42 122
66 821
-
-
Dividends
108 857
172 679
-
-
withholding
28 303
44 897
-
-
total
28 303
44 897
-
-
Income
239 500
239 500
239 500
239 500
Total tax
116 917
111 718
131 553
123 110
After tax
122 583
127 782
107 947
116 390
Living cost
42 029
42 029
42 029
42 029
Free-cash
80 554
85 753
65 918
74 361

Estimated living cost  is ₽42029 per week

₽29297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
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.
₽9330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128667
₽84421
₽90507
₽125567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
77 476
other
-
-
-
-
surtax
-
-
-
13 286
unemployment
-
-
-
227
health
-
-
-
9 438
pensions
-
-
-
26 587
total
-
-
-
127 014
Employee
32 938
-
211 518
-
other
-
-
-
-
unemployment
2 293
-
9 252
-
pensions
2 196
-
8 867
-
surtax
108
-
12 093
-
income
5 521
-
71 518
-
health
841
-
3 389
-
total
10 959
-
105 119
-
Employer
32 938
-
211 518
-
health
1 499
-
6 048
-
pensions
4 391
-
17 720
-
unemployment
1 043
-
4 213
-
other
-
-
-
-
total
6 933
-
27 981
-
Corporate
199 629
239 500
-
-
income
51 904
62 269
-
-
total
51 904
62 269
-
-
Dividends
147 725
177 231
-
-
withholding
22 158
26 585
-
-
total
22 158
26 585
-
-
Income
239 500
239 500
239 500
239 500
Total tax
91 954
88 854
133 100
127 014
After tax
147 546
150 646
106 400
112 486
Living cost
21 979
21 979
21 979
21 979
Free-cash
125 567
128 667
84 421
90 507

Estimated living cost  is ₽21979 per week

₽13439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104479
₽87326
₽108646
₽111029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
75 337
pensions
-
-
-
10 217
total
-
-
-
85 554
Employee
62 872
-
208 617
-
pensions
5 336
-
12 093
-
income
11 324
-
61 125
-
health
913
-
2 773
-
total
17 573
-
75 991
-
Employer
62 872
-
208 617
-
health
1 194
-
3 963
-
pensions
6 806
-
26 920
-
total
8 000
-
30 883
-
Corporate
168 627
239 500
-
-
income

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

32 039
45 504
-
-
total
32 039
45 504
-
-
Dividends
136 589
193 996
-
-
withholding
25 559
44 217
-
-
total
25 559
44 217
-
-
Income
239 500
239 500
239 500
239 500
Total tax
83 171
89 721
106 874
85 554
After tax
156 329
149 779
132 626
153 946
Living cost
45 300
45 300
45 300
45 300
Free-cash
111 029
104 479
87 326
108 646

Estimated living cost  is ₽45300 per week

₽33938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30807
₽102418
₽110747
₽64484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
other

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

-
-
-
4 789
regional
-
-
-
13 625
health
-
-
-
540
city
-
-
-
2 525
national
-
-
-
6 529
pensions
-
-
-
22 035
total
-
-
-
50 043
Employee
92 111
-
215 767
-
unemployment
-
-
-
-
pensions
7 739
-
16 559
-
national
436
-
5 427
-
regional
3 016
-
12 204
-
city
989
-
2 337
-
health
208
-
485
-
total
12 388
-
37 012
-
Employer
92 111
-
215 767
-
health
208
-
485
-
pensions
7 739
-
16 559
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 842
-
4 316
-
total
9 789
-
21 360
-
Corporate
136 587
239 500
-
-
regional
28 888
50 655
-
-
national
11 610
20 357
-
-
total
40 498
71 012
-
-
Dividends
96 089
168 488
-
-
withholding
33 631
58 971
-
-
total
33 631
58 971
-
-
Income
239 500
239 500
239 500
239 500
Total tax
96 306
129 983
58 372
50 043
After tax
143 194
109 517
181 128
189 457
Living cost
78 710
78 710
78 710
78 710
Free-cash
64 484
30 807
102 418
110 747

Estimated living cost  is ₽78710 per week

₽51184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽966
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽72599
₽101468
₽68335
₽88749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 500
income

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

-
-
-
81 135
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.

-
-
-
4 463
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.

-
-
-
6 805
trade
-
-
-
33 133
total
-
-
-
125 536
Employee

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

59 860
-
239 500
-
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.

387
-
4 463
-
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.

7 039
-
81 135
-
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.

6 805
-
6 805
-
total
14 231
-
92 403
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 640
239 500
-
-
income
26 946
35 924
-
-
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.

1 482
1 975
-
-
chamber of commerce
404
488
-
-
trade
30 808
41 075
-
-
total
59 640
79 462
-
-
Dividends
120 000
160 038
-
-
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.

1 629
2 179
-
-
withholding
29 622
39 631
-
-
total
31 251
41 810
-
-
Income
239 500
239 500
239 500
239 500
Total tax
105 122
121 272
92 403
125 536
After tax
134 378
118 228
147 097
113 964
Living cost
45 629
45 629
45 629
45 629
Free-cash
88 749
72 599
101 468
68 335

Estimated living cost  is ₽45629 per week

₽33325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3650
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.
₽8062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86633
₽87648
₽95646
₽92511
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
46 803
other
-
-
-
7 425
surtax
-
-
-
-
social contributions
-
-
-
6 823
health
-
-
-
12 127
pensions
-
-
-
36 599
total
-
-
-
109 777
Employee
42 629
-
182 009
-
pensions
4 820
-
14 044
-
surtax
-
-
-
-
social contributions
1 215
-
5 187
-
income
2 516
-
41 052
-
total
8 551
-
60 283
-
Employer
42 629
-
182 009
-
health
2 985
-
18 485
-
pensions
7 003
-
23 397
-
unemployment
1 726
-
7 372
-
social contributions
129
-
546
-
other
1 471
-
7 692
-
total
13 314
-
57 492
-
Corporate
183 559
239 500
-
-
income
51 397
67 061
-
-
surtax
-
-
-
-
total
51 397
67 061
-
-
Dividends
132 162
172 439
-
-
surtax
-
-
-
-
social contributions
22 733
29 658
-
-
withholding
16 917
22 071
-
-
total
39 650
51 729
-
-
Income
239 500
239 500
239 500
239 500
Total tax
112 912
118 790
117 775
109 777
After tax
126 588
120 710
121 725
129 723
Living cost
34 078
34 078
34 078
34 078
Free-cash
92 511
86 633
87 648
95 646

Estimated living cost  is ₽34078 per week

₽21487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2771
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.
₽9241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90009
₽91024
₽99022
₽95541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
46 803
other
-
-
-
7 425
surtax
-
-
-
-
social contributions
-
-
-
6 823
health
-
-
-
12 127
pensions
-
-
-
36 599
total
-
-
-
109 777
Employee
38 052
-
182 009
-
pensions
4 304
-
14 044
-
surtax
-
-
-
-
social contributions
1 085
-
5 187
-
income
1 962
-
41 052
-
total
7 351
-
60 283
-
Employer
38 052
-
182 009
-
health
2 663
-
18 485
-
pensions
6 253
-
23 397
-
unemployment
1 540
-
7 372
-
social contributions
113
-
546
-
other
1 314
-
7 692
-
total
11 883
-
57 492
-
Corporate
189 565
239 500
-
-
income
53 077
67 061
-
-
surtax
-
-
-
-
total
53 077
67 061
-
-
Dividends
136 487
172 439
-
-
surtax
-
-
-
-
social contributions
23 476
29 658
-
-
withholding
17 471
22 071
-
-
total
40 947
51 729
-
-
Income
239 500
239 500
239 500
239 500
Total tax
113 258
118 790
117 775
109 777
After tax
126 242
120 710
121 725
129 723
Living cost
30 701
30 701
30 701
30 701
Free-cash
95 541
90 009
91 024
99 022

Estimated living cost  is ₽30701 per week

₽17805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124997
₽125866
₽132688
₽125515
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
35 924
social contributions
-
-
-
33 051
health
-
-
-
16 717
total
-
-
-
85 692
Employee
33 771
-
239 500
-
social contributions
4 661
-
33 051
-
income
5 633
-
42 746
-
health
2 357
-
16 717
-
total
12 651
-
92 514
-
Employer
33 771
-
239 500
-
total
-
-
-
-
Corporate
205 729
239 500
-
-
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%.

10 286
11 974
-
-
total
10 286
11 974
-
-
Dividends
195 442
227 526
-
-
social contributions
26 971
31 399
-
-
withholding
29 316
34 129
-
-
health
13 641
15 881
-
-
total
69 928
81 409
-
-
Income
239 500
239 500
239 500
239 500
Total tax
92 865
93 383
92 514
85 692
After tax
146 635
146 117
146 986
153 808
Living cost
21 120
21 120
21 120
21 120
Free-cash
125 515
124 997
125 866
132 688

Estimated living cost  is ₽21120 per week

₽14135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96806
₽27359
₽87344
₽95266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
79 368
surtax
-
-
-
197
unemployment
-
-
-
6 109
chamber of commerce
-
-
-
958
health
-
-
-
8 901
pensions
-
-
-
21 527
total
-
-
-
117 060
Employee
49 777
39 693
199 729
-
other
497
397
1 164
-
unemployment
1 493
1 191
3 491
-
pensions
5 098
4 064
11 916
-
income
5 667
2 928
67 214
-
health
1 926
1 537
4 502
-
total
14 681
10 117
88 287
-
Employer
49 777
39 693
199 729
-
chamber of commerce
198
159
800
-
health
1 881
1 501
4 398
-
pensions
6 247
4 982
14 603
-
accident
646
516
1 512
-
unemployment
1 493
1 191
3 491
-
surtax
197
197
197
-
payroll
1 493
1 191
5 992
-
other
2 365
1 884
8 778
-
total
14 520
11 621
39 771
-
Corporate
175 203
188 186
195 949
-
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.

43 801
47 046
48 987
-
total
43 801
47 046
48 987
-
Dividends
131 402
141 140
-
-
withholding
36 136
38 814
-
-
total
36 136
38 814
-
-
Income
239 500
239 500
239 500
239 500
Total tax
109 138
107 598
177 045
117 060
After tax
130 362
131 902
62 455
122 440
Living cost
35 096
35 096
35 096
35 096
Free-cash
95 266
96 806
27 359
87 344

Estimated living cost  is ₽35096 per week

₽23408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94252
₽44428
₽67929
₽82557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
communal

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

-
-
-
12 880
social contributions
-
-
-
24 833
national
-
-
-
97 541
total
-
-
-
135 254
Employee

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

71 247
-
185 502
-
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.

620
-
1 614
-
communal

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

3 716
-
9 676
-
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.

5 343
-
13 913
-
national
21 904
-
70 835
-
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.

3 347
-
8 719
-
total
34 930
-
104 757
-
Employer

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

71 247
-
185 502
-
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.

4 381
-
11 407
-
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.

6 313
-
16 435
-
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.

926
-
2 410
-
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.

1 040
-
2 709
-
surtax
8 079
-
21 037
-
total
20 739
-
53 998
-
Corporate
147 515
239 500
-
-
income
29 503
52 444
-
-
surtax
590
1 049
-
-
total
30 093
53 493
-
-
Dividends
117 421
186 007
-
-
withholding

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

34 864
55 438
-
-
total
34 864
55 438
-
-
Income
239 500
239 500
239 500
239 500
Total tax
120 626
108 931
158 755
135 254
After tax
118 874
130 569
80 745
104 246
Living cost
36 317
36 317
36 317
36 317
Free-cash
82 557
94 252
44 428
67 929

Estimated living cost  is ₽36317 per week

₽23393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽122899
₽93539
₽97719
₽116075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
accident
-
-
-
832
income
-
-
-
78 113
other
-
-
-
93
unemployment
-
-
-
646
pensions
-
-
-
26 126
total
-
-
-
105 810
Employee
49 580
-
210 068
-
other
49
-
93
-
unemployment
769
-
1 431
-
pensions
2 331
-
4 340
-
income
10 461
-
74 694
-
total
13 610
-
80 558
-
Employer
49 580
-
210 068
-
pensions
11 700
-
21 788
-
accident
981
-
1 828
-
unemployment
2 727
-
5 077
-
other
395
-
739
-
total
15 803
-
29 432
-
Corporate
174 117
239 500
-
-
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.

26 118
35 924
-
-
total
26 118
35 924
-
-
Dividends
147 998
203 576
-
-
withholding
31 923
44 706
-
-
total
31 923
44 706
-
-
Income
239 500
239 500
239 500
239 500
Total tax
87 454
80 630
109 990
105 810
After tax
152 046
158 870
129 510
133 690
Living cost
35 971
35 971
35 971
35 971
Free-cash
116 075
122 899
93 539
97 719

Estimated living cost  is ₽35971 per week

₽26489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80152
₽66658
₽57443
₽66455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
communal
-
-
-
15 136
accident
-
-
-
1 996
income
-
-
-
46 745
surtax
-
-
-
11 916
health
-
-
-
16 639
pensions
-
-
-
35 497
total
-
-
-
127 929
Employee
75 429
-
213 934
-
pensions
6 033
-
17 115
-
surtax
4 623
-
13 110
-
income
7 286
-
53 402
-
health
3 357
-
9 521
-
total
21 299
-
93 148
-
Employer
75 429
-
213 934
-
health
2 300
-
6 525
-
pensions
6 033
-
17 115
-
accident
679
-
1 926
-
total
9 012
-
25 566
-
Corporate
155 059
239 500
-
-
communal
10 466
16 166
-
-
income
23 258
35 924
-
-
surtax
1 627
2 514
-
-
total
35 351
54 604
-
-
Dividends
119 708
184 895
-
-
income
35 299
22 882
-
-
withholding
17 956
27 734
-
-
total
53 255
50 616
-
-
Income
239 500
239 500
239 500
239 500
Total tax
118 917
105 220
118 714
127 929
After tax
120 583
134 280
120 786
111 571
Living cost
54 128
54 128
54 128
54 128
Free-cash
66 455
80 152
66 658
57 443

Estimated living cost  is ₽54128 per week

₽40604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128274
₽84028
₽90114
₽125107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
77 476
other
-
-
-
-
surtax
-
-
-
13 286
unemployment
-
-
-
227
health
-
-
-
9 438
pensions
-
-
-
26 587
total
-
-
-
127 014
Employee
33 543
-
211 518
-
other
-
-
-
-
unemployment
2 334
-
9 252
-
pensions
2 238
-
8 867
-
surtax
119
-
12 093
-
income
5 623
-
71 518
-
health
856
-
3 389
-
total
11 170
-
105 119
-
Employer
33 543
-
211 518
-
health
1 525
-
6 048
-
pensions
4 472
-
17 720
-
unemployment
1 064
-
4 213
-
other
-
-
-
-
total
7 061
-
27 981
-
Corporate
198 896
239 500
-
-
income
51 713
62 269
-
-
total
51 713
62 269
-
-
Dividends
147 183
177 231
-
-
withholding
22 077
26 585
-
-
total
22 077
26 585
-
-
Income
239 500
239 500
239 500
239 500
Total tax
92 021
88 854
133 100
127 014
After tax
147 479
150 646
106 400
112 486
Living cost
22 372
22 372
22 372
22 372
Free-cash
125 107
128 274
84 028
90 114

Estimated living cost  is ₽22372 per week

₽13507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1945
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.
₽6402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99055
₽80412
₽88812
₽96843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
social contributions
-
-
-
49 851
regional
-
-
-
3 849
municipal
-
-
-
1 518
national
-
-
-
68 639
total
-
-
-
123 857
Employee
55 251
-
239 500
-
municipal
293
-
1 393
-
national
8 753
-
61 972
-
regional
744
-
3 536
-
social contributions
18 631
-
65 356
-
total
28 421
-
132 257
-
Employer
55 251
-
239 500
-
total
-
-
-
-
Corporate
184 249
239 500
-
-
municipal
9 158
11 902
-
-
nationa
44 220
57 480
-
-
total
53 378
69 382
-
-
Dividends
130 871
170 118
-
-
withholding
34 027
44 232
-
-
total
34 027
44 232
-
-
Income
239 500
239 500
239 500
239 500
Total tax
115 826
113 614
132 257
123 857
After tax
123 674
125 886
107 243
115 643
Living cost
26 831
26 831
26 831
26 831
Free-cash
96 843
99 055
80 412
88 812

Estimated living cost  is ₽26831 per week

₽16686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134398
₽101230
₽111851
₽123518
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
25 733
social contributions
-
-
-
35 614
solidarity contribution
-
-
-
3 471
health
-
-
-
32 333
total
-
-
-
97 151
Employee
44 850
-
191 751
-
solidarity contribution
-
-
2 518
-
social contributions
2 915
-
7 928
-
income
5 382
-
23 691
-
health
6 055
-
25 886
-
total
14 352
-
60 023
-
Employer
44 850
-
191 751
-
health
4 036
-
17 258
-
social contributions
11 213
-
30 491
-
total
15 249
-
47 749
-
Corporate
179 401
239 500
-
-
income
34 086
45 505
-
-
total
34 086
45 505
-
-
Dividends
145 315
193 995
-
-
withholding
21 797
29 099
-
-
total
21 797
29 099
-
-
Income
239 500
239 500
239 500
239 500
Total tax
85 484
74 604
107 772
97 151
After tax
154 016
164 896
131 728
142 349
Living cost
30 498
30 498
30 498
30 498
Free-cash
123 518
134 398
101 230
111 851

Estimated living cost  is ₽30498 per week

₽22680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
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.
₽5601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100233
₽30727
₽90860
₽99741
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
79 368
surtax
-
-
-
-
unemployment
-
-
-
6 109
chamber of commerce
-
-
-
958
health
-
-
-
8 901
pensions
-
-
-
21 527
total
-
-
-
116 863
Employee
43 539
39 693
199 913
-
other
435
397
1 164
-
unemployment
1 306
1 191
3 491
-
pensions
4 459
4 064
11 916
-
income
3 879
2 928
67 305
-
health
1 684
1 537
4 502
-
total
11 763
10 117
88 378
-
Employer
43 539
39 693
199 913
-
chamber of commerce
174
159
800
-
health
1 646
1 501
4 398
-
pensions
5 464
4 982
14 603
-
accident
565
516
1 512
-
unemployment
1 306
1 191
3 491
-
surtax
-
-
-
-
payroll
1 306
1 191
5 997
-
other
2 068
1 884
8 785
-
total
12 529
11 424
39 586
-
Corporate
183 431
188 383
196 132
-
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.

45 857
47 095
49 032
-
total
45 857
47 095
49 032
-
Dividends
137 574
141 288
-
-
withholding
37 833
38 854
-
-
total
37 833
38 854
-
-
Income
239 500
239 500
239 500
239 500
Total tax
107 982
107 490
176 996
116 863
After tax
131 518
132 010
62 504
122 637
Living cost
31 777
31 777
31 777
31 777
Free-cash
99 741
100 233
30 727
90 860

Estimated living cost  is ₽31777 per week

₽19062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽214832
₽178907
₽224412
₽212452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
239 500
microenterprise

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

-
-
-
2 395
total
-
-
-
2 395
Employee
15 866
-
239 500
-
income
3 173
-
47 900
-
total
3 173
-
47 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

223 634
239 500
-
-
total
-
-
-
-
Dividends
223 634
239 500
-
-
withholding
11 182
11 975
-
-
total
11 182
11 975
-
-
Income
239 500
239 500
239 500
239 500
Total tax
14 355
11 975
47 900
2 395
After tax
225 145
227 525
191 600
237 105
Living cost
12 693
12 693
12 693
12 693
Free-cash
212 452
214 832
178 907
224 412

Estimated living cost  is ₽12693 per week

₽8589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138180
₽77647
₽82849
₽129850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 500
income
-
-
-
62 272
unemployment
-
-
-
359
health
-
-
-
23 566
pensions
-
-
-
43 738
total
-
-
-
129 935
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.

44 045
-
207 233
-
unemployment
62
-
289
-
pensions
6 827
-
32 121
-
income
7 595
-
57 072
-
health
2 845
-
13 388
-
total
17 329
-
102 870
-
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.

44 045
-
207 233
-
health
2 934
-
13 802
-
pensions
3 897
-
18 340
-
unemployment
26
-
125
-
total
6 857
-
32 267
-
Corporate
188 598
239 500
-
-
income
35 834
45 505
-
-
total
35 834
45 505
-
-
Dividends
152 764
193 995
-
-
withholding
22 914
29 099
-
-
total
22 914
29 099
-
-
Income
239 500
239 500
239 500
239 500
Total tax
82 934
74 604
135 137
129 935
After tax
156 566
164 896
104 363
109 565
Living cost
26 716
26 716
26 716
26 716
Free-cash
129 850
138 180
77 647
82 849

Estimated living cost  is ₽26716 per week

₽18334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102028
₽182497
₽121830
₽53872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
46 683
social contributions
-
-
-
27 303
total
-
-
-
73 986
Employee
62 637
-
-
-
social contributions
5 136
-
732
-
income
13 816
-
-
-
total
18 952
-
732
-
Employer
62 637
-
-
-
social contributions
88 318
-
12 587
-
total
88 318
-
12 587
-
Corporate
88 545
239 500
-
-
income
19 480
52 690
-
-
total
19 480
52 690
-
-
Dividends
69 065
186 810
-
-
income
15 194
41 098
-
-
total
15 194
41 098
-
-
Income
239 500
239 500
239 500
239 500
Total tax
141 944
93 788
13 319
73 986
After tax
97 556
145 712
226 181
165 514
Living cost
43 684
43 684
43 684
43 684
Free-cash
53 872
102 028
182 497
121 830

Estimated living cost  is ₽43684 per week

₽28344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4108
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.
₽10675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104986
₽73633
₽92913
₽103981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 500
income
-
-
-
32 120
surtax
-
-
-
-
social contributions

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

-
-
-
83 225
total
-
-
-
115 345
Employee
45 810
-
193 535
-
surtax
-
-
525
-
social contributions
5 039
-
21 289
-
income
9 529
-
66 846
-
total
14 568
-
88 660
-
Employer
45 810
-
193 535
-
social contributions
10 880
-
45 965
-
total
10 880
-
45 965
-
Corporate
182 811
239 500
-
-
income
38 391
50 295
-
-
surtax
-
-
-
-
total
38 391
50 295
-
-
Dividends
144 420
189 205
-
-
withholding
40 438
52 977
-
-
total
40 438
52 977
-
-
Income
239 500
239 500
239 500
239 500
Total tax
104 277
103 272
134 625
115 345
After tax
135 223
136 228
104 875
124 155
Living cost
31 242
31 242
31 242
31 242
Free-cash
103 981
104 986
73 633
92 913

Estimated living cost  is ₽31242 per week

₽23376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72603
₽73618
₽81616
₽79449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
46 803
other
-
-
-
7 425
surtax
-
-
-
-
social contributions
-
-
-
6 823
health
-
-
-
12 127
pensions
-
-
-
36 599
total
-
-
-
109 777
Employee
62 383
-
182 009
-
pensions
7 056
-
14 044
-
surtax
-
-
-
-
social contributions
1 777
-
5 187
-
income
5 443
-
41 052
-
total
14 276
-
60 283
-
Employer
62 383
-
182 009
-
health
4 366
-
18 485
-
pensions
10 250
-
23 397
-
unemployment
2 527
-
7 372
-
social contributions
187
-
546
-
other
2 153
-
7 692
-
total
19 483
-
57 492
-
Corporate
157 633
239 500
-
-
income
44 137
67 061
-
-
surtax
-
-
-
-
total
44 137
67 061
-
-
Dividends
113 496
172 439
-
-
surtax
-
-
-
-
social contributions
19 520
29 658
-
-
withholding
14 528
22 071
-
-
total
34 048
51 729
-
-
Income
239 500
239 500
239 500
239 500
Total tax
111 944
118 790
117 775
109 777
After tax
127 556
120 710
121 725
129 723
Living cost
48 107
48 107
48 107
48 107
Free-cash
79 449
72 603
73 618
81 616

Estimated living cost  is ₽48107 per week

₽32558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽185610
₽150602
₽144238
₽182264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
12 632
social contributions
-
-
-
52 690
total
-
-
-
65 322
Employee
32 021
-
207 360
-
income
-
-
13 339
-
social contributions
2 081
-
13 479
-
total
2 081
-
26 818
-
Employer
32 021
-
207 360
-
social contributions
4 964
-
32 140
-
total
4 964
-
32 140
-
Corporate
202 515
239 500
-
-
income
20 251
23 950
-
-
total
20 251
23 950
-
-
Dividends
182 264
215 550
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
27 296
23 950
58 958
65 322
After tax
212 204
215 550
180 542
174 178
Living cost
29 940
29 940
29 940
29 940
Free-cash
182 264
185 610
150 602
144 238

Estimated living cost  is ₽29940 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22591
₽22591
₽89600
₽12271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
labour market
-
-
-
19 091
municipal
-
-
-
51 794
national
-
-
-
30 206
pensions
-
-
-
863
total
-
-
-
101 954
Employee
202 369
202 369
202 369
-
municipal
43 093
43 093
43 093
-
labour market
16 166
16 166
16 166
-
pensions
288
288
288
-
national
24 723
24 723
24 723
-
total
84 270
84 270
84 270
-
Employer
202 369
202 369
202 369
-
national
24 766
24 766
24 766
-
labour market
16 190
16 190
16 190
-
pensions
575
575
575
-
municipal
43 162
43 162
43 162
-
total
84 693
84 693
84 693
-
Corporate
22 591
-
-
-
income
4 970
-
-
-
total
4 970
-
-
-
Dividends
17 621
-
-
-
withholding
5 350
-
-
-
total
5 350
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
179 283
168 963
168 963
101 954
After tax
60 217
70 537
70 537
137 546
Living cost
47 946
47 946
47 946
47 946
Free-cash
12 271
22 591
22 591
89 600

Estimated living cost  is ₽47946 per week

₽32815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2443
₽110428
₽141658
₽16048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
accident
-
-
-
254
income
-
-
-
68 982
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
76 000
Employee
34 359
-
219 360
-
pensions
3 869
-
7 688
-
income
4 714
-
54 286
-
health
3 934
-
25 117
-
total
12 517
-
87 091
-
Employer
34 359
-
219 360
-
pensions
5 587
-
11 102
-
accident
574
-
3 663
-
unemployment
842
-
5 374
-
total
7 003
-
20 139
-
Corporate
198 139
239 500
-
-
income

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

178 325
215 550
-
-
total
178 325
215 550
-
-
Dividends
19 814
23 950
-
-
withholding
3 765
4 551
-
-
total
3 765
4 551
-
-
Income
239 500
239 500
239 500
239 500
Total tax
201 610
220 101
107 230
76 000
After tax
37 890
19 399
132 270
163 500
Living cost
21 842
21 842
21 842
21 842
Free-cash
16 048
-2 443
110 428
141 658

Estimated living cost  is ₽21842 per week

₽15898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107855
₽79494
₽106929
₽110934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
239 500
health
-
-
-
3 272
municipal
-
-
-
42 521
national
-
-
-
48 538
total
-
-
-
94 331
Employee
52 403
-
201 480
-
municipal
8 583
-
32 790
-
unemployment
786
-
3 022
-
pensions
3 536
-
13 600
-
national
866
-
31 645
-
health
391
-
2 688
-
total
14 162
-
83 745
-
Employer
52 403
-
201 480
-
health
403
-
1 552
-
pensions
9 092
-
34 957
-
accident
53
-
202
-
unemployment
340
-
1 310
-
total
9 888
-
38 021
-
Corporate
177 209
239 500
-
-
income
35 442
47 900
-
-
total
35 442
47 900
-
-
Dividends

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

106 325
143 700
-
-
municipal
19 138
25 867
-
-
national
11 696
19 638
-
-
total
30 834
45 505
-
-
Income
239 500
239 500
239 500
239 500
Total tax
90 326
93 405
121 766
94 331
After tax
149 174
146 095
117 734
145 169
Living cost
38 240
38 240
38 240
38 240
Free-cash
110 934
107 855
79 494
106 929

Estimated living cost  is ₽38240 per week

₽24978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151447
₽135497
₽137431
₽146026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
56 786
social contributions
-
-
-
16 115
health
-
-
-
6 107
total
-
-
-
79 008
Employee
76 590
76 590
226 732
-
social contributions
2 896
6 357
8 574
-
income
8 339
7 090
55 746
-
health
594
1 302
3 854
-
total
11 829
14 749
68 174
-
Employer
76 590
76 590
226 732
-
health
645
1 418
4 194
-
social contributions
2 896
6 357
8 574
-
total
3 541
7 775
12 768
-
Corporate
201 070
155 136
-
-
income
25 133
19 391
-
-
total
25 133
19 391
-
-
Dividends
175 937
135 745
-
-
withholding
29 910
23 077
-
-
total
29 910
23 077
-
-
Income
239 500
239 500
239 500
239 500
Total tax
70 413
64 992
80 942
79 008
After tax
169 087
174 508
158 558
160 492
Living cost
23 061
23 061
23 061
23 061
Free-cash
146 026
151 447
135 497
137 431

Estimated living cost  is ₽23061 per week

₽13821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽182517
₽168842
₽188820
₽177450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239 500
income
-
-
-
24 897
unemployment
-
-
-
28
health
-
-
-
3 605
pensions
-
-
-
6 336
total
-
-
-
34 866
Employee

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

22 862
-
229 766
-
unemployment
113
-
473
-
pensions
3 429
-
14 176
-
income
1 563
-
22 427
-
health
1 943
-
8 033
-
total
7 048
-
45 109
-
Employer

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

22 862
-
229 766
-
health
983
-
4 064
-
pensions
1 257
-
5 198
-
unemployment
113
-
473
-
total
2 353
-
9 735
-
Corporate
214 284
239 500
-
-
income
19 285
21 555
-
-
total
19 285
21 555
-
-
Dividends
194 999
217 945
-
-
withholding
17 550
19 614
-
-
total
17 550
19 614
-
-
Income
239 500
239 500
239 500
239 500
Total tax
46 236
41 169
54 844
34 866
After tax
193 264
198 331
184 656
204 634
Living cost
15 814
15 814
15 814
15 814
Free-cash
177 450
182 517
168 842
188 820

Estimated living cost  is ₽15814 per week

₽10090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131480
₽102120
₽106300
₽127080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
accident
-
-
-
832
income
-
-
-
78 113
other
-
-
-
93
unemployment
-
-
-
646
pensions
-
-
-
26 126
total
-
-
-
105 810
Employee
36 829
-
210 068
-
other
36
-
93
-
unemployment
571
-
1 431
-
pensions
1 731
-
4 340
-
income
7 100
-
74 694
-
total
9 438
-
80 558
-
Employer
36 829
-
210 068
-
pensions
8 691
-
21 788
-
accident
730
-
1 828
-
unemployment
2 026
-
5 077
-
other
295
-
739
-
total
11 742
-
29 432
-
Corporate
190 929
239 500
-
-
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.

28 640
35 924
-
-
total
28 640
35 924
-
-
Dividends
162 290
203 576
-
-
withholding
35 210
44 706
-
-
total
35 210
44 706
-
-
Income
239 500
239 500
239 500
239 500
Total tax
85 030
80 630
109 990
105 810
After tax
154 470
158 870
129 510
133 690
Living cost
27 390
27 390
27 390
27 390
Free-cash
127 080
131 480
102 120
106 300

Estimated living cost  is ₽27390 per week

₽18488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2633
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.
₽5790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147496
₽152438
₽152577
₽147175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
82 515
health
-
-
-
1 032
pensions
-
-
-
1 424
total
-
-
-
84 971
Employee
2 973
-
237 898
-
unemployment
30
-
71
-
pensions
268
-
641
-
income
575
-
82 441
-
health
149
-
356
-
total
1 022
-
83 509
-
Employer
2 973
-
237 898
-
health
282
-
676
-
pensions
327
-
783
-
unemployment
59
-
142
-
total
668
-
1 601
-
Corporate
235 858
239 500
-
-
income
51 889
52 690
-
-
total
51 889
52 690
-
-
Dividends
183 969
186 810
-
-
withholding
36 794
37 362
-
-
total
36 794
37 362
-
-
Income
239 500
239 500
239 500
239 500
Total tax
90 373
90 052
85 110
84 971
After tax
149 127
149 448
154 390
154 529
Living cost
1 952
1 952
1 952
1 952
Free-cash
147 175
147 496
152 438
152 577

Estimated living cost  is ₽1952 per week

₽1160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155807
₽138721
₽138719
₽150904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 500
income
-
-
-
55 713
unemployment
-
-
-
1 105
health
-
-
-
7 585
pensions
-
-
-
19 146
total
-
-
-
83 549
Employee

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

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

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

25 985
-
226 319
-
unemployment
195
-
552
-
pensions
3 638
-
10 309
-
income
3 582
-
55 713
-
health
1 338
-
3 792
-
total
8 753
-
70 366
-
Employer

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

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

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

25 985
-
226 319
-
health
1 338
-
3 792
-
pensions
3 118
-
8 837
-
unemployment
195
-
552
-
total
4 651
-
13 181
-
Corporate
208 864
239 500
-
-
income
31 330
35 925
-
-
total
31 330
35 925
-
-
Dividends
177 534
203 575
-
-
withholding
26 630
30 536
-
-
total
26 630
30 536
-
-
Income
239 500
239 500
239 500
239 500
Total tax
71 364
66 461
83 547
83 549
After tax
168 136
173 039
155 953
155 951
Living cost
17 232
17 232
17 232
17 232
Free-cash
150 904
155 807
138 721
138 719

Estimated living cost  is ₽17232 per week

₽11602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109376
₽78023
₽97303
₽109016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 500
income
-
-
-
32 120
surtax
-
-
-
-
social contributions

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

-
-
-
83 225
total
-
-
-
115 345
Employee
38 658
-
193 535
-
surtax
-
-
525
-
social contributions
4 253
-
21 289
-
income
7 554
-
66 846
-
total
11 807
-
88 660
-
Employer
38 658
-
193 535
-
social contributions
9 180
-
45 965
-
total
9 180
-
45 965
-
Corporate
191 661
239 500
-
-
income
40 249
50 295
-
-
surtax
-
-
-
-
total
40 249
50 295
-
-
Dividends
151 412
189 205
-
-
withholding
42 396
52 977
-
-
total
42 396
52 977
-
-
Income
239 500
239 500
239 500
239 500
Total tax
103 632
103 272
134 625
115 345
After tax
135 868
136 228
104 875
124 155
Living cost
26 852
26 852
26 852
26 852
Free-cash
109 016
109 376
78 023
97 303

Estimated living cost  is ₽26852 per week

₽19019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1866
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.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123865
₽94505
₽98685
₽117346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
accident
-
-
-
832
income
-
-
-
78 113
other
-
-
-
93
unemployment
-
-
-
646
pensions
-
-
-
26 126
total
-
-
-
105 810
Employee
48 104
-
210 068
-
other
47
-
93
-
unemployment
745
-
1 431
-
pensions
2 261
-
4 340
-
income
10 047
-
74 694
-
total
13 100
-
80 558
-
Employer
48 104
-
210 068
-
pensions
11 352
-
21 788
-
accident
953
-
1 828
-
unemployment
2 646
-
5 077
-
other
386
-
739
-
total
15 337
-
29 432
-
Corporate
176 060
239 500
-
-
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.

26 409
35 924
-
-
total
26 409
35 924
-
-
Dividends
149 650
203 576
-
-
withholding
32 303
44 706
-
-
total
32 303
44 706
-
-
Income
239 500
239 500
239 500
239 500
Total tax
87 149
80 630
109 990
105 810
After tax
152 351
158 870
129 510
133 690
Living cost
35 005
35 005
35 005
35 005
Free-cash
117 346
123 865
94 505
98 685

Estimated living cost  is ₽35005 per week

₽25139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2722
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.
₽6651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽187649
₽187252
₽177167
₽181581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
35 925
unemployment
-
-
-
139
health
-
-
-
3 999
pensions

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

-
-
-
5 146
total
-
-
-
45 209
Employee
22 675
-
232 678
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
pensions

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

1 991
-
3 053
-
income
2 268
-
23 268
-
health
1 043
-
1 599
-
total
5 551
-
28 302
-
Employer
22 675
-
232 678
-
health
1 565
-
2 399
-
pensions

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

2 499
-
3 832
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
unemployment
136
-
209
-
total
4 449
-
6 822
-
Corporate
212 376
239 500
-
-
income
21 238
23 950
-
-
total
21 238
23 950
-
-
Dividends
191 139
215 550
-
-
withholding
9 557
10 777
-
-
total
9 557
10 777
-
-
Income
239 500
239 500
239 500
239 500
Total tax
40 795
34 727
35 124
45 209
After tax
198 705
204 773
204 376
194 291
Living cost
17 124
17 124
17 124
17 124
Free-cash
181 581
187 649
187 252
177 167

Estimated living cost  is ₽17124 per week

₽11326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽980
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.
₽4410
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84699
₽108643
₽80920
₽97730
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 500
income

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

-
-
-
81 135
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.

-
-
-
4 463
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.

-
-
-
6 805
trade
-
-
-
27 723
total
-
-
-
120 126
Employee

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

49 559
-
239 500
-
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.

225
-
4 463
-
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.

4 075
-
81 135
-
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.

6 805
-
6 805
-
total
11 105
-
92 403
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 941
239 500
-
-
income
28 490
35 924
-
-
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.

1 567
1 975
-
-
chamber of commerce
429
503
-
-
trade
27 256
34 369
-
-
total
57 742
72 771
-
-
Dividends
132 199
166 729
-
-
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.

1 798
2 272
-
-
withholding
32 671
41 304
-
-
total
34 469
43 576
-
-
Income
239 500
239 500
239 500
239 500
Total tax
103 316
116 347
92 403
120 126
After tax
136 184
123 153
147 097
119 374
Living cost
38 454
38 454
38 454
38 454
Free-cash
97 730
84 699
108 643
80 920

Estimated living cost  is ₽38454 per week

₽26526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110912
₽61984
₽61984
₽113110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
79 337
social contributions
-
-
-
41 441
total
-
-
-
120 778
Employee
77 912
-
239 500
-
income
14 702
-
79 337
-
social contributions
6 473
-
41 441
-
total
21 175
-
120 778
-
Employer
77 912
-
239 500
-
total
-
-
-
-
Corporate
161 588
239 500
-
-
income
20 198
29 938
-
-
total
20 198
29 938
-
-
Dividends
141 390
209 562
-
-
withholding
28 279
41 912
-
-
total
28 279
41 912
-
-
Income
239 500
239 500
239 500
239 500
Total tax
69 652
71 850
120 778
120 778
After tax
169 848
167 650
118 722
118 722
Living cost
56 738
56 738
56 738
56 738
Free-cash
113 110
110 912
61 984
61 984

Estimated living cost  is ₽56738 per week

₽43165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114257
₽130225
₽161360
₽117737
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 500
income
-
-
-
35 924
health

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

-
-
-
6 060
total
-
-
-
41 984
Employee
45 692
-
234 918
-
income
4 958
-
63 955
-
social contributions
4 578
-
4 582
-
total
9 536
-
68 537
-
Employer
45 692
-
234 918
-
social contributions
4 578
-
4 582
-
total
4 578
-
4 582
-
Corporate
189 230
239 500
-
-
income
66 231
83 825
-
-
total
66 231
83 825
-
-
Dividends
122 999
155 675
-
-
social contributions
5 262
5 262
-
-
total
5 262
5 262
-
-
Income
239 500
239 500
239 500
239 500
Total tax
85 607
89 087
73 119
41 984
After tax
153 893
150 413
166 381
197 516
Living cost
36 156
36 156
36 156
36 156
Free-cash
117 737
114 257
130 225
161 360

Estimated living cost  is ₽36156 per week

₽23816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112952
₽95799
₽117119
₽118824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
75 337
pensions
-
-
-
10 217
total
-
-
-
85 554
Employee
50 550
-
208 617
-
pensions
3 858
-
12 093
-
income
9 206
-
61 125
-
health
659
-
2 773
-
total
13 723
-
75 991
-
Employer
50 550
-
208 617
-
health
961
-
3 963
-
pensions
5 107
-
26 920
-
total
6 068
-
30 883
-
Corporate
182 882
239 500
-
-
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.

34 748
45 504
-
-
total
34 748
45 504
-
-
Dividends
148 133
193 996
-
-
withholding
29 310
44 217
-
-
total
29 310
44 217
-
-
Income
239 500
239 500
239 500
239 500
Total tax
83 849
89 721
106 874
85 554
After tax
155 651
149 779
132 626
153 946
Living cost
36 827
36 827
36 827
36 827
Free-cash
118 824
112 952
95 799
117 119

Estimated living cost  is ₽36827 per week

₽25263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4605
₽108266
₽139496
₽15718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
accident
-
-
-
254
income
-
-
-
68 982
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
76 000
Employee
37 760
-
219 360
-
pensions
4 252
-
7 688
-
income
5 180
-
54 286
-
health
4 323
-
25 117
-
total
13 755
-
87 091
-
Employer
37 760
-
219 360
-
pensions
6 139
-
11 102
-
accident
631
-
3 663
-
unemployment
925
-
5 374
-
total
7 695
-
20 139
-
Corporate
194 045
239 500
-
-
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.

174 641
215 550
-
-
total
174 641
215 550
-
-
Dividends
19 404
23 950
-
-
withholding
3 687
4 551
-
-
total
3 687
4 551
-
-
Income
239 500
239 500
239 500
239 500
Total tax
199 778
220 101
107 230
76 000
After tax
39 722
19 399
132 270
163 500
Living cost
24 004
24 004
24 004
24 004
Free-cash
15 718
-4 605
108 266
139 496

Estimated living cost  is ₽24004 per week

₽17616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1399
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.
₽4505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169761
₽163684
₽141777
₽166748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 500
income
-
-
-
40 456
unemployment
-
-
-
1 912
work injury
-
-
-
797
health insurance
-
-
-
11 789
pensions
-
-
-
29 313
total
-
-
-
84 267
Employee

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

21 529
-
239 500
-
health insurance
1 593
-
5 894
-
unemployment
258
-
956
-
work injury
108
-
398
-
pensions
3 961
-
14 656
-
income
2 153
-
40 456
-
total
8 073
-
62 360
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
217 971
239 500
-
-
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%.

21 797
23 950
-
-
total
21 797
23 950
-
-
Dividends
196 174
215 550
-
-
withholding
29 426
32 333
-
-
total
29 426
32 333
-
-
Income
239 500
239 500
239 500
239 500
Total tax
59 296
56 283
62 360
84 267
After tax
180 204
183 217
177 140
155 233
Living cost
13 456
13 456
13 456
13 456
Free-cash
166 748
169 761
163 684
141 777

Estimated living cost  is ₽13456 per week

₽8336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86474
₽65459
₽73641
₽81943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
social contributions
-
-
-
49 851
regional
-
-
-
5 983
municipal
-
-
-
1 707
national
-
-
-
68 639
total
-
-
-
126 180
Employee
83 932
-
239 500
-
municipal
501
-
1 567
-
national
14 184
-
61 972
-
regional
1 267
-
5 467
-
social contributions
28 301
-
65 356
-
total
44 253
-
134 362
-
Employer
83 932
-
239 500
-
total
-
-
-
-
Corporate
155 568
239 500
-
-
municipal
7 498
11 543
-
-
nationa
37 336
57 480
-
-
total
44 834
69 023
-
-
Dividends
110 734
170 477
-
-
withholding
28 791
44 324
-
-
total
28 791
44 324
-
-
Income
239 500
239 500
239 500
239 500
Total tax
117 878
113 347
134 362
126 180
After tax
121 622
126 153
105 138
113 320
Living cost
39 679
39 679
39 679
39 679
Free-cash
81 943
86 474
65 459
73 641

Estimated living cost  is ₽39679 per week

₽27872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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