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
₽102496
₽92039
₽117766
₽86969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
30 797
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.

-
-
-
82 122
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.

-
-
-
6 459
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.

-
-
-
4 516
total
-
-
-
123 894
Employee

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

36 162
-
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.

56
-
4 516
-
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.

6 459
-
6 459
-
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.

1 010
-
82 122
-
total
7 525
-
93 097
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
203 338
239 500
-
-
trade
32 026
37 721
-
-
income
30 501
35 925
-
-
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.

1 678
1 975
-
-
chamber of commerce
436
488
-
-
total
64 641
76 109
-
-
Dividends
138 696
163 390
-
-
withholding
34 314
40 488
-
-
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.

1 887
2 227
-
-
total
36 201
42 715
-
-
Income
239 500
239 500
239 500
239 500
Total tax
108 367
118 824
93 097
123 894
After tax
131 133
120 676
146 403
115 606
Living cost
28 637
28 637
28 637
28 637
Free-cash
102 496
92 039
117 766
86 969

Estimated living cost  is ₽28637 per week

₽18014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100347
₽101151
₽87597
₽86312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
28 740
municipal
-
-
-
26 745
national
-
-
-
46 831
total
-
-
-
104 891
Employee
74 870
-
207 046
-
national
14 330
-
48 862
-
municipal
9 248
-
27 672
-
pensions
2 995
-
8 282
-
total
26 573
-
84 816
-
Employer
74 870
-
207 046
-
pensions
5 990
-
16 564
-
social contributions
805
-
2 226
-
total
6 795
-
18 790
-
Corporate
152 895
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%.

30 579
47 900
-
-
total
30 579
47 900
-
-
Dividends
122 316
191 600
-
-
withholding
26 909
42 152
-
-
total
26 909
42 152
-
-
Income
239 500
239 500
239 500
239 500
Total tax
90 856
90 052
103 606
104 891
After tax
148 644
149 448
135 894
134 609
Living cost
48 297
48 297
48 297
48 297
Free-cash
100 347
101 151
87 597
86 312

Estimated living cost  is ₽48297 per week

₽32827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽723
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164174
₽171930
₽85869
₽69244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
36 225
income
-
-
-
53 288
microenterprise
-
-
-
-
surtax
-
-
-
61 073
total
-
-
-
150 586
Employee
27 627
-
191 311
-
surtax
-
-
27 740
-
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.

3 039
-
12 394
-
income
4 918
-
45 639
-
total
7 957
-
85 773
-
Employer
27 627
-
191 311
-
social contributions

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

6 655
-
27 144
-
surtax
-
-
21 044
-
total
6 655
-
48 188
-
Corporate
205 218
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%.

41 044
47 900
-
-
total
41 044
47 900
-
-
Dividends

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

164 174
191 600
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
55 656
47 900
133 961
150 586
After tax
183 844
191 600
105 539
88 914
Living cost
19 670
19 670
19 670
19 670
Free-cash
164 174
171 930
85 869
69 244

Estimated living cost  is ₽19670 per week

₽12549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74261
₽80056
₽113517
₽87541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89 616
pensions
-
-
-
11 077
health
-
-
-
11 659
total
-
-
-
112 352
Employee
80 739
80 739
221 929
-
health
12 393
10 541
11 659
-
pensions
14 533
11 077
11 077
-
income

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

13 216
13 216
46 069
-
total
40 142
34 834
68 805
-
Employer
80 739
80 739
221 929
-
pensions
5 619
5 619
6 985
-
unemployment
2 907
2 907
3 612
-
health
5 612
5 612
6 974
-
total
14 138
14 138
17 571
-
Corporate
145 613
144 623
-
-
income
29 123
28 924
-
-
total
29 123
28 924
-
-
Dividends
116 490
115 698
-
-
withholding
17 474
17 355
-
-
income
24 755
24 586
-
-
total
42 229
41 941
-
-
Income
239 500
239 500
239 500
239 500
Total tax
125 632
119 837
86 376
112 352
After tax
113 868
119 663
153 124
127 148
Living cost
39 607
39 607
39 607
39 607
Free-cash
74 261
80 056
113 517
87 541

Estimated living cost  is ₽39607 per week

₽28068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90814
₽91690
₽78823
₽79772
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 952
unemployment
-
-
-
86
pensions
-
-
-
9 258
municipal
-
-
-
64 020
accident
-
-
-
171
national
-
-
-
31 820
health
-
-
-
5 344
total
-
-
-
120 651
Employee
55 681
-
212 591
-
national
-
-
31 296
-
municipal
16 604
-
63 395
-
total
16 604
-
94 691
-
Employer
55 681
-
212 591
-
other
6 470
-
9 952
-
accident
111
-
171
-
pensions
6 019
-
9 258
-
unemployment
1 470
-
2 261
-
health
3 424
-
5 267
-
total
17 494
-
26 909
-
Corporate
166 325
239 500
-
-
income
36 591
52 690
-
-
total
36 591
52 690
-
-
Dividends
129 733
186 810
-
-
withholding
38 920
56 043
-
-
total
38 920
56 043
-
-
Income
239 500
239 500
239 500
239 500
Total tax
109 609
108 733
121 600
120 651
After tax
129 891
130 767
117 900
118 849
Living cost
39 077
39 077
39 077
39 077
Free-cash
90 814
91 690
78 823
79 772

Estimated living cost  is ₽39077 per week

₽25898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95588
₽82304
₽109261
₽77095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
32 166
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.

-
-
-
82 122
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.

-
-
-
6 459
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.

-
-
-
4 516
total
-
-
-
125 263
Employee

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

47 947
-
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.

226
-
4 516
-
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.

6 459
-
6 459
-
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.

4 119
-
82 122
-
total
10 804
-
93 097
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 553
239 500
-
-
trade
31 510
39 397
-
-
income
28 732
35 925
-
-
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.

1 581
1 975
-
-
chamber of commerce
416
484
-
-
total
62 239
77 781
-
-
Dividends
129 314
161 718
-
-
withholding
31 969
40 070
-
-
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.

1 758
2 203
-
-
total
33 727
42 273
-
-
Income
239 500
239 500
239 500
239 500
Total tax
106 770
120 054
93 097
125 263
After tax
132 730
119 446
146 403
114 237
Living cost
37 142
37 142
37 142
37 142
Free-cash
95 588
82 304
109 261
77 095

Estimated living cost  is ₽37142 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3917
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.
₽7830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139892
₽143812
₽127472
₽129380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 297
income
-
-
-
58 050
health
-
-
-
6 107
total
-
-
-
79 454
Employee
72 702
72 702
227 159
-
health
723
1 236
3 861
-
social contributions
3 533
6 034
8 138
-
income
7 634
6 730
57 023
-
total
11 890
14 000
69 022
-
Employer
72 702
72 702
227 159
-
social contributions
3 533
6 034
8 138
-
health
788
1 346
4 202
-
total
4 321
7 380
12 340
-
Corporate
192 623
159 419
-
-
income
24 078
19 928
-
-
total
24 078
19 928
-
-
Dividends
168 545
139 490
-
-
withholding
28 653
23 714
-
-
total
28 653
23 714
-
-
Income
239 500
239 500
239 500
239 500
Total tax
68 942
65 022
81 362
79 454
After tax
170 558
174 478
158 138
160 046
Living cost
30 666
30 666
30 666
30 666
Free-cash
139 892
143 812
127 472
129 380

Estimated living cost  is ₽30666 per week

₽20963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117199
₽116834
₽121280
₽148354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
3 592
income
-
-
-
29 279
pensions
-
-
-
23 950
health
-
-
-
16 765
total
-
-
-
73 586
Employee

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

The minimum wage is 138,000 HUF per month.

25 348
10 088
200 418
-
unemployment
380
151
3 006
-
health
1 774
706
14 029
-
pensions
2 535
1 009
20 042
-
income
3 099
1 233
24 501
-
total
7 788
3 099
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.

25 348
10 088
200 418
-
pensions
4 943
1 967
39 082
-
total
4 943
1 967
39 082
-
Corporate
209 210
227 445
-
-
income
18 829
20 470
-
-
total
18 829
20 470
-
-
Dividends
190 381
206 975
-
-
withholding
36 172
39 325
-
-
social contributions
37 009
40 245
-
-
total
73 181
79 570
-
-
Income
239 500
239 500
239 500
239 500
Total tax
104 741
105 106
100 660
73 586
After tax
134 759
134 394
138 840
165 914
Living cost
17 560
17 560
17 560
17 560
Free-cash
117 199
116 834
121 280
148 354

Estimated living cost  is ₽17560 per week

₽11983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162890
₽168764
₽115208
₽105536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
47 900
health
-
-
-
31 135
total
-
-
-
111 128
Employee
26 821
-
178 998
-
unemployment
429
-
2 864
-
pensions
536
-
3 579
-
income
3 020
-
34 511
-
total
3 985
-
40 954
-
Employer
26 821
-
178 998
-
pensions
5 365
-
35 800
-
unemployment
215
-
1 432
-
health
3 486
-
23 269
-
total
9 066
-
60 501
-
Corporate
203 612
239 500
-
-
income
40 723
47 900
-
-
total
40 723
47 900
-
-
Dividends
162 890
191 600
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
53 774
47 900
101 455
111 128
After tax
185 726
191 600
138 045
128 372
Living cost
22 836
22 836
22 836
22 836
Free-cash
162 890
168 764
115 208
105 536

Estimated living cost  is ₽22836 per week

₽15663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1360
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.
₽5354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16147
-₽1799
₽111343
₽142273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
357
income
-
-
-
69 317
pensions
-
-
-
4 009
accident
-
-
-
243
health
-
-
-
2 102
total
-
-
-
76 028
Employee
33 348
-
219 827
-
health
3 818
-
25 170
-
pensions
3 755
-
7 352
-
income
4 575
-
54 763
-
total
12 148
-
87 285
-
Employer
33 348
-
219 827
-
accident
557
-
3 671
-
pensions
5 423
-
10 616
-
unemployment
817
-
5 386
-
total
6 797
-
19 673
-
Corporate
199 356
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.

179 421
215 550
-
-
total
179 421
215 550
-
-
Dividends
19 936
23 950
-
-
withholding
3 788
4 550
-
-
total
3 788
4 550
-
-
Income
239 500
239 500
239 500
239 500
Total tax
202 154
220 100
106 958
76 028
After tax
37 346
19 400
132 542
163 472
Living cost
21 199
21 199
21 199
21 199
Free-cash
16 147
-1 799
111 343
142 273

Estimated living cost  is ₽21199 per week

₽15537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4045
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽218397
₽219838
₽183913
₽229418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 608
-
239 500
-
income
1 921
-
47 900
-
total
1 921
-
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%.

229 892
239 500
-
-
total
-
-
-
-
Dividends
229 892
239 500
-
-
withholding
11 495
11 975
-
-
total
11 495
11 975
-
-
Income
239 500
239 500
239 500
239 500
Total tax
13 416
11 975
47 900
2 395
After tax
226 084
227 525
191 600
237 105
Living cost
7 687
7 687
7 687
7 687
Free-cash
218 397
219 838
183 913
229 418

Estimated living cost  is ₽7687 per week

₽4764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144383
₽150767
₽120770
₽122686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 829
income
-
-
-
43 960
pensions

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

-
-
-
34 506
health
-
-
-
6 326
total
-
-
-
91 621
Employee
34 329
-
202 798
-
unemployment
343
-
1 437
-
health
481
-
2 013
-
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.

2 402
-
10 064
-
income
5 910
-
43 321
-
total
9 136
-
56 835
-
Employer
34 329
-
202 798
-
other
1 717
-
7 188
-
accident
275
-
1 622
-
pensions

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

5 837
-
24 442
-
unemployment
343
-
1 437
-
health
481
-
2 013
-
total
8 653
-
36 702
-
Corporate
196 519
239 500
-
-
income
41 268
50 295
-
-
total
41 268
50 295
-
-
Dividends
155 251
189 205
-
-
withholding
10 867
13 245
-
-
total
10 867
13 245
-
-
Income
239 500
239 500
239 500
239 500
Total tax
69 924
63 540
93 537
91 621
After tax
169 576
175 960
145 963
147 879
Living cost
25 193
25 193
25 193
25 193
Free-cash
144 383
150 767
120 770
122 686

Estimated living cost  is ₽25193 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94079
₽86626
₽69916
₽91171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 568
pensions
-
-
-
9 857
total
-
-
-
86 425
Employee
87 585
-
208 511
-
health
1 443
-
2 726
-
pensions
8 450
-
11 565
-
income
15 788
-
62 400
-
total
25 681
-
76 691
-
Employer
87 585
-
208 511
-
pensions
10 341
-
27 028
-
health
1 663
-
3 961
-
total
12 004
-
30 989
-
Corporate
139 910
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.

26 584
45 505
-
-
total
26 584
45 505
-
-
Dividends
113 326
193 995
-
-
withholding
19 248
45 465
-
-
total
19 248
45 465
-
-
Income
239 500
239 500
239 500
239 500
Total tax
83 517
90 970
107 680
86 425
After tax
155 983
148 530
131 820
153 075
Living cost
61 904
61 904
61 904
61 904
Free-cash
94 079
86 626
69 916
91 171

Estimated living cost  is ₽61904 per week

₽46386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽187984
₽192376
₽192540
₽182360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
132
income
-
-
-
35 925
pensions

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

-
-
-
4 888
health
-
-
-
3 798
total
-
-
-
44 743
Employee
16 415
-
233 020
-
accident

We are using the highest rate at 1.1%.

181
-
363
-
health
755
-
1 519
-
pensions

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

1 441
-
2 900
-
income
1 641
-
23 302
-
total
4 018
-
28 084
-
Employer
16 415
-
233 020
-
accident

We are using the highest rate at 1.1%.

181
-
363
-
pensions

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

1 809
-
3 639
-
unemployment
98
-
198
-
health
1 133
-
2 279
-
total
3 221
-
6 479
-
Corporate
219 864
239 500
-
-
income
21 986
23 950
-
-
total
21 986
23 950
-
-
Dividends
197 878
215 550
-
-
withholding
9 894
10 777
-
-
total
9 894
10 777
-
-
Income
239 500
239 500
239 500
239 500
Total tax
39 119
34 727
34 563
44 743
After tax
200 381
204 773
204 937
194 757
Living cost
12 397
12 397
12 397
12 397
Free-cash
187 984
192 376
192 540
182 360

Estimated living cost  is ₽12397 per week

₽7237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69614
₽67235
₽100696
₽74720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89 616
pensions
-
-
-
11 077
health
-
-
-
11 659
total
-
-
-
112 352
Employee
87 657
80 739
221 929
-
health
10 936
10 541
11 659
-
pensions
11 077
11 077
11 077
-
income

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

13 216
13 216
46 069
-
total
35 229
34 834
68 805
-
Employer
87 657
80 739
221 929
-
pensions
6 100
5 619
6 985
-
unemployment
3 156
2 907
3 612
-
health
6 091
5 612
6 974
-
total
15 347
14 138
17 571
-
Corporate
136 496
144 623
-
-
income
27 299
28 924
-
-
total
27 299
28 924
-
-
Dividends
109 197
115 698
-
-
withholding
16 379
17 355
-
-
income
23 204
24 586
-
-
total
39 583
41 941
-
-
Income
239 500
239 500
239 500
239 500
Total tax
117 458
119 837
86 376
112 352
After tax
122 042
119 663
153 124
127 148
Living cost
52 428
52 428
52 428
52 428
Free-cash
69 614
67 235
100 696
74 720

Estimated living cost  is ₽52428 per week

₽38674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132959
₽141357
₽108998
₽119751
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 872
income
-
-
-
25 994
health
-
-
-
32 333
solidarity contribution
-
-
-
4 011
total
-
-
-
96 210
Employee
34 617
-
193 119
-
solidarity contribution
-
-
3 045
-
health
4 673
-
26 071
-
social contributions
2 250
-
7 540
-
income
4 154
-
23 926
-
total
11 077
-
60 582
-
Employer
34 617
-
193 119
-
social contributions
8 654
-
29 000
-
health
3 116
-
17 381
-
total
11 770
-
46 381
-
Corporate
193 113
239 500
-
-
income
36 692
45 505
-
-
total
36 692
45 505
-
-
Dividends
156 422
193 995
-
-
withholding
23 463
29 099
-
-
total
23 463
29 099
-
-
Income
239 500
239 500
239 500
239 500
Total tax
83 002
74 604
106 963
96 210
After tax
156 498
164 896
132 537
143 290
Living cost
23 539
23 539
23 539
23 539
Free-cash
132 959
141 357
108 998
119 751

Estimated living cost  is ₽23539 per week

₽16351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1675
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.
₽5051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82951
₽87887
₽69193
₽77207
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 157
social contributions
-
-
-
47 320
municipal
-
-
-
1 538
national
-
-
-
70 383
total
-
-
-
122 398
Employee
84 027
-
239 500
-
national
14 560
-
64 055
-
regional
793
-
2 900
-
municipal
445
-
1 419
-
social contributions
28 334
-
62 038
-
total
44 132
-
130 412
-
Employer
84 027
-
239 500
-
total
-
-
-
-
Corporate
155 473
239 500
-
-
nationa
37 314
57 481
-
-
municipal
6 063
9 341
-
-
total
43 377
66 822
-
-
Dividends
112 096
172 679
-
-
withholding
29 145
44 896
-
-
total
29 145
44 896
-
-
Income
239 500
239 500
239 500
239 500
Total tax
116 654
111 718
130 412
122 398
After tax
122 846
127 782
109 088
117 102
Living cost
39 895
39 895
39 895
39 895
Free-cash
82 951
87 887
69 193
77 207

Estimated living cost  is ₽39895 per week

₽27810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126841
₽129782
₽85727
₽91508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
215
income
-
-
-
79 013
pensions
-
-
-
25 237
health
-
-
-
8 958
surtax
-
-
-
13 706
total
-
-
-
127 129
Employee
31 266
-
212 939
-
surtax
102
-
12 574
-
unemployment
2 176
-
8 783
-
other
-
-
-
-
health
798
-
3 217
-
pensions
2 085
-
8 417
-
income
5 241
-
73 358
-
total
10 402
-
106 349
-
Employer
31 266
-
212 939
-
other
-
-
-
-
pensions
4 168
-
16 821
-
unemployment
990
-
3 999
-
health
1 423
-
5 741
-
total
6 581
-
26 561
-
Corporate
201 653
239 500
-
-
income
52 430
62 270
-
-
total
52 430
62 270
-
-
Dividends
149 223
177 230
-
-
withholding
22 383
26 585
-
-
total
22 383
26 585
-
-
Income
239 500
239 500
239 500
239 500
Total tax
91 796
88 855
132 910
127 129
After tax
147 704
150 645
106 590
112 371
Living cost
20 863
20 863
20 863
20 863
Free-cash
126 841
129 782
85 727
91 508

Estimated living cost  is ₽20863 per week

₽12757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112351
₽106239
₽89529
₽110784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 568
pensions
-
-
-
9 857
total
-
-
-
86 425
Employee
58 697
-
208 511
-
health
852
-
2 726
-
pensions
4 982
-
11 565
-
income
10 572
-
62 400
-
total
16 406
-
76 691
-
Employer
58 697
-
208 511
-
pensions
6 354
-
27 028
-
health
1 115
-
3 961
-
total
7 469
-
30 989
-
Corporate
173 334
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.

32 934
45 505
-
-
total
32 934
45 505
-
-
Dividends
140 400
193 995
-
-
withholding
28 049
45 465
-
-
total
28 049
45 465
-
-
Income
239 500
239 500
239 500
239 500
Total tax
84 858
90 970
107 680
86 425
After tax
154 642
148 530
131 820
153 075
Living cost
42 291
42 291
42 291
42 291
Free-cash
112 351
106 239
89 529
110 784

Estimated living cost  is ₽42291 per week

₽31684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽66856
₽34950
₽106372
₽113864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 790
city
-
-
-
2 524
regional
-
-
-
14 015
pensions
-
-
-
22 034
national
-
-
-
7 168
health
-
-
-
538
total
-
-
-
51 069
Employee
87 262
-
216 058
-
national
413
-
5 862
-
unemployment
-
-
-
-
city
937
-
2 344
-
regional
2 857
-
12 546
-
health
197
-
486
-
pensions
7 331
-
16 258
-
total
11 735
-
37 496
-
Employer
87 262
-
216 058
-
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.

1 745
-
4 321
-
pensions
7 331
-
16 258
-
unemployment
-
-
-
-
health
197
-
486
-
total
9 273
-
21 065
-
Corporate
142 005
239 500
-
-
regional
30 033
50 654
-
-
national
12 071
20 358
-
-
total
42 104
71 012
-
-
Dividends
99 900
168 488
-
-
withholding
34 965
58 971
-
-
total
34 965
58 971
-
-
Income
239 500
239 500
239 500
239 500
Total tax
98 077
129 983
58 561
51 069
After tax
141 423
109 517
180 939
188 431
Living cost
74 567
74 567
74 567
74 567
Free-cash
66 856
34 950
106 372
113 864

Estimated living cost  is ₽74567 per week

₽48490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽915
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽90231
₽74898
₽103091
₽69556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
33 535
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.

-
-
-
82 122
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.

-
-
-
6 459
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.

-
-
-
4 516
total
-
-
-
126 632
Employee

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

56 821
-
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.

368
-
4 516
-
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.

6 459
-
6 459
-
income

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

6 682
-
82 122
-
total
13 509
-
93 097
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 679
239 500
-
-
trade
31 330
41 075
-
-
income
27 401
35 925
-
-
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.

1 507
1 975
-
-
chamber of commerce
400
481
-
-
total
60 638
79 456
-
-
Dividends
122 041
160 044
-
-
withholding
30 152
39 652
-
-
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.

1 658
2 182
-
-
total
31 810
41 834
-
-
Income
239 500
239 500
239 500
239 500
Total tax
105 957
121 290
93 097
126 632
After tax
133 543
118 210
146 403
112 868
Living cost
43 312
43 312
43 312
43 312
Free-cash
90 231
74 898
103 091
69 556

Estimated living cost  is ₽43312 per week

₽31634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
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.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93944
₽88360
₽87668
₽96386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 424
social contributions
-
-
-
6 825
income
-
-
-
48 360
pensions
-
-
-
35 752
health
-
-
-
12 405
surtax
-
-
-
-
total
-
-
-
110 766
Employee
40 465
-
181 513
-
surtax
-
-
-
-
pensions
4 575
-
14 219
-
social contributions
1 154
-
5 173
-
income
2 388
-
42 104
-
total
8 117
-
61 496
-
Employer
40 465
-
181 513
-
other
1 396
-
7 761
-
pensions
6 648
-
23 648
-
unemployment
1 638
-
7 351
-
social contributions
122
-
544
-
health
2 833
-
18 684
-
total
12 637
-
57 988
-
Corporate
186 399
239 500
-
-
income
52 192
67 060
-
-
surtax
-
-
-
-
total
52 192
67 060
-
-
Dividends
134 207
172 440
-
-
withholding
17 178
22 072
-
-
social contributions
23 084
29 660
-
-
surtax
-
-
-
-
total
40 262
51 732
-
-
Income
239 500
239 500
239 500
239 500
Total tax
113 208
118 792
119 484
110 766
After tax
126 292
120 708
120 016
128 734
Living cost
32 348
32 348
32 348
32 348
Free-cash
93 944
88 360
87 668
96 386

Estimated living cost  is ₽32348 per week

₽20396
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96820
₽91565
₽90873
₽99591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 424
social contributions
-
-
-
6 825
income
-
-
-
48 360
pensions
-
-
-
35 752
health
-
-
-
12 405
surtax
-
-
-
-
total
-
-
-
110 766
Employee
36 120
-
181 513
-
surtax
-
-
-
-
pensions
4 085
-
14 219
-
social contributions
1 030
-
5 173
-
income
1 862
-
42 104
-
total
6 977
-
61 496
-
Employer
36 120
-
181 513
-
other
1 247
-
7 761
-
pensions
5 935
-
23 648
-
unemployment
1 462
-
7 351
-
social contributions
108
-
544
-
health
2 528
-
18 684
-
total
11 280
-
57 988
-
Corporate
192 100
239 500
-
-
income
53 788
67 060
-
-
surtax
-
-
-
-
total
53 788
67 060
-
-
Dividends
138 311
172 440
-
-
withholding
17 703
22 072
-
-
social contributions
23 789
29 660
-
-
surtax
-
-
-
-
total
41 492
51 732
-
-
Income
239 500
239 500
239 500
239 500
Total tax
113 537
118 792
119 484
110 766
After tax
125 963
120 708
120 016
128 734
Living cost
29 143
29 143
29 143
29 143
Free-cash
96 820
91 565
90 873
99 591

Estimated living cost  is ₽29143 per week

₽16901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126559
₽126070
₽126677
₽133759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 051
income
-
-
-
35 925
health
-
-
-
16 717
total
-
-
-
85 693
Employee
32 057
-
239 500
-
health
2 237
-
16 717
-
social contributions
4 424
-
33 051
-
income
5 347
-
43 007
-
total
12 008
-
92 775
-
Employer
32 057
-
239 500
-
total
-
-
-
-
Corporate
207 443
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%.

10 372
11 974
-
-
total
10 372
11 974
-
-
Dividends
197 071
227 526
-
-
health
13 756
15 880
-
-
withholding
29 561
34 129
-
-
social contributions
27 196
31 399
-
-
total
70 513
81 408
-
-
Income
239 500
239 500
239 500
239 500
Total tax
92 893
93 382
92 775
85 693
After tax
146 607
146 118
146 725
153 807
Living cost
20 048
20 048
20 048
20 048
Free-cash
126 559
126 070
126 677
133 759

Estimated living cost  is ₽20048 per week

₽13417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
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.
₽4932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97043
₽98503
₽28802
₽88941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
958
unemployment
-
-
-
5 799
income
-
-
-
81 417
pensions
-
-
-
20 434
health
-
-
-
8 449
surtax
-
-
-
187
total
-
-
-
117 244
Employee
47 250
37 678
200 921
-
unemployment
1 417
1 130
3 314
-
other
472
377
1 105
-
health
1 828
1 459
4 274
-
pensions
4 839
3 858
11 311
-
income
5 379
2 779
69 466
-
total
13 935
9 603
89 470
-
Employer
47 250
37 678
200 921
-
payroll
1 417
1 130
6 029
-
other
2 245
1 789
8 774
-
accident
614
490
1 435
-
pensions
5 930
4 730
13 862
-
unemployment
1 417
1 130
3 314
-
chamber of commerce
188
151
804
-
surtax
187
187
187
-
health
1 785
1 425
4 175
-
total
13 783
11 032
38 580
-
Corporate
178 467
190 791
197 333
-
income

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

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

44 616
47 697
49 333
-
total
44 616
47 697
49 333
-
Dividends
133 850
143 094
-
-
withholding
36 808
39 350
-
-
total
36 808
39 350
-
-
Income
239 500
239 500
239 500
239 500
Total tax
109 142
107 682
177 383
117 244
After tax
130 358
131 818
62 117
122 256
Living cost
33 315
33 315
33 315
33 315
Free-cash
97 043
98 503
28 802
88 941

Estimated living cost  is ₽33315 per week

₽22219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85142
₽95460
₽45777
₽69831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 572
national
-
-
-
98 668
communal

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

-
-
-
12 956
total
-
-
-
135 196
Employee

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

67 630
-
185 502
-
national
20 792
-
71 334
-
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.

588
-
1 613
-
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.

3 178
-
8 718
-
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.

5 072
-
13 912
-
communal

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

3 527
-
9 676
-
total
33 157
-
105 253
-
Employer

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

67 630
-
185 502
-
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.

879
-
2 411
-
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.

5 993
-
16 435
-
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.

987
-
2 707
-
surtax
7 668
-
21 035
-
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.

4 159
-
11 409
-
total
19 686
-
53 997
-
Corporate
152 184
239 500
-
-
income
30 437
53 308
-
-
surtax
608
1 066
-
-
total
31 045
54 374
-
-
Dividends
121 139
185 127
-
-
withholding

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

35 997
55 193
-
-
total
35 997
55 193
-
-
Income
239 500
239 500
239 500
239 500
Total tax
119 885
109 567
159 250
135 196
After tax
119 615
129 933
80 250
104 304
Living cost
34 473
34 473
34 473
34 473
Free-cash
85 142
95 460
45 777
69 831

Estimated living cost  is ₽34473 per week

₽22205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118140
₽124618
₽95477
₽99445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
unemployment
-
-
-
614
income
-
-
-
79 620
pensions
-
-
-
24 799
accident
-
-
-
789
total
-
-
-
105 910
Employee
47 063
-
211 562
-
unemployment
730
-
1 358
-
other
47
-
88
-
pensions
2 212
-
4 119
-
income
9 930
-
76 375
-
total
12 919
-
81 940
-
Employer
47 063
-
211 562
-
other
375
-
702
-
accident
931
-
1 735
-
pensions
11 106
-
20 682
-
unemployment
2 589
-
4 819
-
total
15 001
-
27 938
-
Corporate
177 436
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.

26 615
35 925
-
-
total
26 615
35 925
-
-
Dividends
150 821
203 575
-
-
withholding
32 680
44 812
-
-
total
32 680
44 812
-
-
Income
239 500
239 500
239 500
239 500
Total tax
87 215
80 737
109 878
105 910
After tax
152 285
158 763
129 622
133 590
Living cost
34 145
34 145
34 145
34 145
Free-cash
118 140
124 618
95 477
99 445

Estimated living cost  is ₽34145 per week

₽25144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68896
₽81900
₽68330
₽60776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 886
pensions
-
-
-
33 573
accident
-
-
-
1 889
communal
-
-
-
15 136
health
-
-
-
15 737
surtax
-
-
-
12 122
total
-
-
-
127 343
Employee
71 599
-
213 934
-
surtax
4 389
-
13 110
-
health
3 187
-
9 520
-
pensions
5 727
-
17 115
-
income
6 916
-
54 478
-
total
20 219
-
94 223
-
Employer
71 599
-
213 934
-
accident
644
-
1 925
-
pensions
5 727
-
17 115
-
health
2 184
-
6 526
-
total
8 555
-
25 566
-
Corporate
159 346
239 500
-
-
income
23 902
35 925
-
-
communal
10 756
16 166
-
-
surtax
1 674
2 515
-
-
total
36 332
54 606
-
-
Dividends
123 013
184 893
-
-
withholding
18 452
27 735
-
-
income
35 665
23 878
-
-
total
54 117
51 613
-
-
Income
239 500
239 500
239 500
239 500
Total tax
119 223
106 219
119 789
127 343
After tax
120 277
133 281
119 711
112 157
Living cost
51 381
51 381
51 381
51 381
Free-cash
68 896
81 900
68 330
60 776

Estimated living cost  is ₽51381 per week

₽38543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and 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 Luxembourg model

Close
Athens , Greece
₽126402
₽129409
₽85354
₽91135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
215
income
-
-
-
79 013
pensions
-
-
-
25 237
health
-
-
-
8 958
surtax
-
-
-
13 706
total
-
-
-
127 129
Employee
31 840
-
212 939
-
surtax
113
-
12 574
-
unemployment
2 216
-
8 783
-
other
-
-
-
-
health
813
-
3 217
-
pensions
2 124
-
8 417
-
income
5 338
-
73 358
-
total
10 604
-
106 349
-
Employer
31 840
-
212 939
-
other
-
-
-
-
pensions
4 245
-
16 821
-
unemployment
1 010
-
3 999
-
health
1 448
-
5 741
-
total
6 703
-
26 561
-
Corporate
200 957
239 500
-
-
income
52 249
62 270
-
-
total
52 249
62 270
-
-
Dividends
148 708
177 230
-
-
withholding
22 306
26 585
-
-
total
22 306
26 585
-
-
Income
239 500
239 500
239 500
239 500
Total tax
91 862
88 855
132 910
127 129
After tax
147 638
150 645
106 590
112 371
Living cost
21 236
21 236
21 236
21 236
Free-cash
126 402
129 409
85 354
91 135

Estimated living cost  is ₽21236 per week

₽12821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1846
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.
₽6077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98318
₽100416
₽82917
₽90889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 901
social contributions
-
-
-
47 320
municipal
-
-
-
1 538
national
-
-
-
70 383
total
-
-
-
123 142
Employee
52 446
-
239 500
-
national
8 309
-
64 055
-
regional
706
-
3 602
-
municipal
278
-
1 419
-
social contributions
17 685
-
62 038
-
total
26 978
-
131 114
-
Employer
52 446
-
239 500
-
total
-
-
-
-
Corporate
187 054
239 500
-
-
nationa
44 893
57 481
-
-
municipal
9 296
11 903
-
-
total
54 189
69 384
-
-
Dividends
132 865
170 116
-
-
withholding
34 546
44 231
-
-
total
34 546
44 231
-
-
Income
239 500
239 500
239 500
239 500
Total tax
115 713
113 615
131 114
123 142
After tax
123 787
125 885
108 386
116 358
Living cost
25 469
25 469
25 469
25 469
Free-cash
98 318
100 416
82 917
90 889

Estimated living cost  is ₽25469 per week

₽15839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2580
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125540
₽135889
₽103530
₽114283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 872
income
-
-
-
25 994
health
-
-
-
32 333
solidarity contribution
-
-
-
4 011
total
-
-
-
96 210
Employee
42 657
-
193 119
-
solidarity contribution
-
-
3 045
-
health
5 759
-
26 071
-
social contributions
2 773
-
7 540
-
income
5 119
-
23 926
-
total
13 651
-
60 582
-
Employer
42 657
-
193 119
-
social contributions
10 664
-
29 000
-
health
3 839
-
17 381
-
total
14 503
-
46 381
-
Corporate
182 340
239 500
-
-
income
34 645
45 505
-
-
total
34 645
45 505
-
-
Dividends
147 695
193 995
-
-
withholding
22 154
29 099
-
-
total
22 154
29 099
-
-
Income
239 500
239 500
239 500
239 500
Total tax
84 953
74 604
106 963
96 210
After tax
154 547
164 896
132 537
143 290
Living cost
29 007
29 007
29 007
29 007
Free-cash
125 540
135 889
103 530
114 283

Estimated living cost  is ₽29007 per week

₽21571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101288
₽101754
₽31999
₽92279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
958
unemployment
-
-
-
5 799
income
-
-
-
81 417
pensions
-
-
-
20 434
health
-
-
-
8 449
surtax
-
-
-
-
total
-
-
-
117 057
Employee
41 329
37 678
201 097
-
unemployment
1 240
1 130
3 314
-
other
413
377
1 105
-
health
1 599
1 459
4 274
-
pensions
4 233
3 858
11 311
-
income
3 682
2 779
69 554
-
total
11 167
9 603
89 558
-
Employer
41 329
37 678
201 097
-
payroll
1 240
1 130
6 032
-
other
1 963
1 789
8 781
-
accident
536
490
1 435
-
pensions
5 187
4 730
13 862
-
unemployment
1 240
1 130
3 314
-
chamber of commerce
165
151
804
-
surtax
-
-
-
-
health
1 563
1 425
4 175
-
total
11 894
10 845
38 403
-
Corporate
186 277
190 978
197 509
-
income

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

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

46 568
47 744
49 376
-
total
46 568
47 744
49 376
-
Dividends
139 709
143 234
-
-
withholding
38 419
39 390
-
-
total
38 419
39 390
-
-
Income
239 500
239 500
239 500
239 500
Total tax
108 048
107 582
177 337
117 057
After tax
131 452
131 918
62 163
122 443
Living cost
30 164
30 164
30 164
30 164
Free-cash
101 288
101 754
31 999
92 279

Estimated living cost  is ₽30164 per week

₽18095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽213300
₽215546
₽179621
₽225126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 974
-
239 500
-
income
2 995
-
47 900
-
total
2 995
-
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%.

224 526
239 500
-
-
total
-
-
-
-
Dividends
224 526
239 500
-
-
withholding
11 226
11 975
-
-
total
11 226
11 975
-
-
Income
239 500
239 500
239 500
239 500
Total tax
14 221
11 975
47 900
2 395
After tax
225 279
227 525
191 600
237 105
Living cost
11 979
11 979
11 979
11 979
Free-cash
213 300
215 546
179 621
225 126

Estimated living cost  is ₽11979 per week

₽8106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131627
₽139535
₽77801
₽83003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
359
income
-
-
-
63 472
pensions
-
-
-
43 739
health
-
-
-
23 567
total
-
-
-
131 137
Employee

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

41 809
-
207 233
-
unemployment
59
-
291
-
health
2 700
-
13 388
-
pensions
6 481
-
32 122
-
income
7 210
-
58 271
-
total
16 450
-
104 072
-
Employer

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

41 809
-
207 233
-
pensions
3 700
-
18 340
-
unemployment
25
-
124
-
health
2 785
-
13 803
-
total
6 510
-
32 267
-
Corporate
191 182
239 500
-
-
income
36 325
45 505
-
-
total
36 325
45 505
-
-
Dividends
154 856
193 995
-
-
withholding
23 228
29 100
-
-
total
23 228
29 100
-
-
Income
239 500
239 500
239 500
239 500
Total tax
82 513
74 605
136 339
131 137
After tax
156 987
164 895
103 161
108 363
Living cost
25 360
25 360
25 360
25 360
Free-cash
131 627
139 535
77 801
83 003

Estimated living cost  is ₽25360 per week

₽17404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60988
₽105413
₽186914
₽125215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 303
income
-
-
-
46 683
total
-
-
-
73 986
Employee
57 784
-
-
-
social contributions
4 738
-
675
-
income
12 746
-
-
-
total
17 484
-
675
-
Employer
57 784
-
-
-
social contributions
81 475
-
11 612
-
total
81 475
-
11 612
-
Corporate
100 241
239 500
-
-
income
22 053
52 690
-
-
total
22 053
52 690
-
-
Dividends
78 188
186 810
-
-
income
17 201
41 098
-
-
total
17 201
41 098
-
-
Income
239 500
239 500
239 500
239 500
Total tax
138 213
93 788
12 287
73 986
After tax
101 287
145 712
227 213
165 514
Living cost
40 299
40 299
40 299
40 299
Free-cash
60 988
105 413
186 914
125 215

Estimated living cost  is ₽40299 per week

₽26148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9848
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105619
₽106572
₽74223
₽93927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
83 226
income
-
-
-
32 691
surtax
-
-
-
-
total
-
-
-
115 917
Employee
43 484
-
193 534
-
surtax
-
-
718
-
social contributions
4 783
-
21 288
-
income
9 045
-
67 651
-
total
13 828
-
89 657
-
Employer
43 484
-
193 534
-
social contributions
10 327
-
45 964
-
total
10 327
-
45 964
-
Corporate
185 688
239 500
-
-
income
38 995
50 295
-
-
surtax
-
-
-
-
total
38 995
50 295
-
-
Dividends
146 693
189 205
-
-
withholding
41 075
52 977
-
-
total
41 075
52 977
-
-
Income
239 500
239 500
239 500
239 500
Total tax
104 225
103 272
135 621
115 917
After tax
135 275
136 228
103 879
123 583
Living cost
29 656
29 656
29 656
29 656
Free-cash
105 619
106 572
74 223
93 927

Estimated living cost  is ₽29656 per week

₽22189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81539
₽75043
₽74351
₽83069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 424
social contributions
-
-
-
6 825
income
-
-
-
48 360
pensions
-
-
-
35 752
health
-
-
-
12 405
surtax
-
-
-
-
total
-
-
-
110 766
Employee
59 216
-
181 513
-
surtax
-
-
-
-
pensions
6 698
-
14 219
-
social contributions
1 687
-
5 173
-
income
5 167
-
42 104
-
total
13 552
-
61 496
-
Employer
59 216
-
181 513
-
other
2 044
-
7 761
-
pensions
9 730
-
23 648
-
unemployment
2 399
-
7 351
-
social contributions
178
-
544
-
health
4 145
-
18 684
-
total
18 496
-
57 988
-
Corporate
161 789
239 500
-
-
income
45 302
67 060
-
-
surtax
-
-
-
-
total
45 302
67 060
-
-
Dividends
116 487
172 440
-
-
withholding
14 910
22 072
-
-
social contributions
20 036
29 660
-
-
surtax
-
-
-
-
total
34 946
51 732
-
-
Income
239 500
239 500
239 500
239 500
Total tax
112 296
118 792
119 484
110 766
After tax
127 204
120 708
120 016
128 734
Living cost
45 665
45 665
45 665
45 665
Free-cash
81 539
75 043
74 351
83 069

Estimated living cost  is ₽45665 per week

₽30905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽183953
₽187129
₽151814
₽145450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 940
social contributions
-
-
-
52 690
total
-
-
-
65 630
Employee
30 396
-
207 359
-
social contributions
1 975
-
13 478
-
income
-
-
13 647
-
total
1 975
-
27 125
-
Employer
30 396
-
207 359
-
social contributions
4 712
-
32 141
-
total
4 712
-
32 141
-
Corporate
204 393
239 500
-
-
income
20 440
23 951
-
-
total
20 440
23 951
-
-
Dividends
183 953
215 549
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
27 127
23 951
59 266
65 630
After tax
212 373
215 549
180 234
173 870
Living cost
28 420
28 420
28 420
28 420
Free-cash
183 953
187 129
151 814
145 450

Estimated living cost  is ₽28420 per week

₽18376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽17240
₽33809
₽33809
₽91556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
818
municipal
-
-
-
52 063
labour market
-
-
-
19 095
national
-
-
-
30 502
total
-
-
-
102 478
Employee
191 903
191 903
191 903
-
national
23 444
23 444
23 444
-
municipal
40 865
40 865
40 865
-
labour market
15 330
15 330
15 330
-
pensions
273
273
273
-
total
79 912
79 912
79 912
-
Employer
191 903
191 903
191 903
-
municipal
40 930
40 930
40 930
-
pensions
546
546
546
-
national
23 485
23 485
23 485
-
labour market
15 352
15 352
15 352
-
total
80 313
80 313
80 313
-
Corporate
33 808
-
-
-
income
7 438
-
-
-
total
7 438
-
-
-
Dividends
26 370
-
-
-
withholding
9 131
-
-
-
total
9 131
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
176 794
160 225
160 225
102 478
After tax
62 706
79 275
79 275
137 022
Living cost
45 466
45 466
45 466
45 466
Free-cash
17 240
33 809
33 809
91 556

Estimated living cost  is ₽45466 per week

₽31118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4022
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽699
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16196
-₽1486
₽111656
₽142586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
357
income
-
-
-
69 317
pensions
-
-
-
4 009
accident
-
-
-
243
health
-
-
-
2 102
total
-
-
-
76 028
Employee
32 856
-
219 827
-
health
3 762
-
25 170
-
pensions
3 700
-
7 352
-
income
4 507
-
54 763
-
total
11 969
-
87 285
-
Employer
32 856
-
219 827
-
accident
549
-
3 671
-
pensions
5 342
-
10 616
-
unemployment
805
-
5 386
-
total
6 696
-
19 673
-
Corporate
199 948
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.

179 953
215 550
-
-
total
179 953
215 550
-
-
Dividends
19 995
23 950
-
-
withholding
3 799
4 550
-
-
total
3 799
4 550
-
-
Income
239 500
239 500
239 500
239 500
Total tax
202 417
220 100
106 958
76 028
After tax
37 083
19 400
132 542
163 472
Living cost
20 886
20 886
20 886
20 886
Free-cash
16 196
-1 486
111 656
142 586

Estimated living cost  is ₽20886 per week

₽15203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽112167
₽108530
₽80143
₽107575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
42 517
national
-
-
-
49 815
health
-
-
-
3 294
total
-
-
-
95 626
Employee
49 743
-
201 481
-
national
822
-
32 924
-
unemployment
746
-
3 021
-
health
371
-
2 707
-
municipal
8 147
-
32 787
-
pensions
3 357
-
13 600
-
total
13 443
-
85 039
-
Employer
49 743
-
201 481
-
accident
50
-
201
-
pensions
8 630
-
34 956
-
unemployment
323
-
1 310
-
health
382
-
1 552
-
total
9 385
-
38 019
-
Corporate
180 372
239 500
-
-
income
36 074
47 900
-
-
total
36 074
47 900
-
-
Dividends

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

108 223
143 700
-
-
municipal
19 480
25 865
-
-
national
12 652
20 906
-
-
total
32 132
46 771
-
-
Income
239 500
239 500
239 500
239 500
Total tax
91 034
94 671
123 058
95 626
After tax
148 466
144 829
116 442
143 874
Living cost
36 299
36 299
36 299
36 299
Free-cash
112 167
108 530
80 143
107 575

Estimated living cost  is ₽36299 per week

₽23710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147444
₽152588
₽136248
₽138156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 297
income
-
-
-
58 050
health
-
-
-
6 107
total
-
-
-
79 454
Employee
72 702
72 702
227 159
-
health
563
1 236
3 861
-
social contributions
2 749
6 034
8 138
-
income
7 916
6 730
57 023
-
total
11 228
14 000
69 022
-
Employer
72 702
72 702
227 159
-
social contributions
2 749
6 034
8 138
-
health
612
1 346
4 202
-
total
3 361
7 380
12 340
-
Corporate
203 021
159 419
-
-
income
25 377
19 928
-
-
total
25 377
19 928
-
-
Dividends
177 644
139 490
-
-
withholding
30 200
23 714
-
-
total
30 200
23 714
-
-
Income
239 500
239 500
239 500
239 500
Total tax
70 166
65 022
81 362
79 454
After tax
169 334
174 478
158 138
160 046
Living cost
21 890
21 890
21 890
21 890
Free-cash
147 444
152 588
136 248
138 156

Estimated living cost  is ₽21890 per week

₽13119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
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.
₽6140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178508
₽183319
₽171090
₽190056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
24 970
pensions
-
-
-
6 014
health
-
-
-
3 422
total
-
-
-
34 433
Employee

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

21 702
-
230 260
-
unemployment
108
-
449
-
health
1 844
-
7 625
-
pensions
3 255
-
13 457
-
income
1 484
-
22 627
-
total
6 691
-
44 158
-
Employer

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

21 702
-
230 260
-
pensions
1 193
-
4 934
-
unemployment
108
-
449
-
health
933
-
3 858
-
total
2 234
-
9 241
-
Corporate
215 565
239 500
-
-
income
19 401
21 556
-
-
total
19 401
21 556
-
-
Dividends
196 164
217 944
-
-
withholding
17 655
19 614
-
-
total
17 655
19 614
-
-
Income
239 500
239 500
239 500
239 500
Total tax
45 981
41 170
53 399
34 433
After tax
193 519
198 330
186 101
205 067
Living cost
15 011
15 011
15 011
15 011
Free-cash
178 508
183 319
171 090
190 056

Estimated living cost  is ₽15011 per week

₽9577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128587
₽132764
₽103623
₽107591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
unemployment
-
-
-
614
income
-
-
-
79 620
pensions
-
-
-
24 799
accident
-
-
-
789
total
-
-
-
105 910
Employee
34 959
-
211 562
-
unemployment
542
-
1 358
-
other
34
-
88
-
pensions
1 643
-
4 119
-
income
6 740
-
76 375
-
total
8 959
-
81 940
-
Employer
34 959
-
211 562
-
other
280
-
702
-
accident
693
-
1 735
-
pensions
8 250
-
20 682
-
unemployment
1 923
-
4 819
-
total
11 146
-
27 938
-
Corporate
193 395
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.

29 009
35 925
-
-
total
29 009
35 925
-
-
Dividends
164 386
203 575
-
-
withholding
35 800
44 812
-
-
total
35 800
44 812
-
-
Income
239 500
239 500
239 500
239 500
Total tax
84 914
80 737
109 878
105 910
After tax
154 586
158 763
129 622
133 590
Living cost
25 999
25 999
25 999
25 999
Free-cash
128 587
132 764
103 623
107 591

Estimated living cost  is ₽25999 per week

₽17549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147357
₽147651
₽152693
₽152823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 619
pensions
-
-
-
1 311
health
-
-
-
950
total
-
-
-
84 880
Employee
2 737
-
238 026
-
unemployment
27
-
66
-
health
137
-
328
-
pensions
246
-
590
-
income
529
-
82 551
-
total
939
-
83 535
-
Employer
2 737
-
238 026
-
pensions
301
-
721
-
unemployment
55
-
131
-
health
260
-
623
-
total
616
-
1 475
-
Corporate
236 148
239 500
-
-
income
51 952
52 690
-
-
total
51 952
52 690
-
-
Dividends
184 195
186 810
-
-
withholding
36 839
37 362
-
-
total
36 839
37 362
-
-
Income
239 500
239 500
239 500
239 500
Total tax
90 346
90 052
85 010
84 880
After tax
149 154
149 448
154 490
154 620
Living cost
1 797
1 797
1 797
1 797
Free-cash
147 357
147 651
152 693
152 823

Estimated living cost  is ₽1797 per week

₽1068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152070
₽156716
₽140879
₽140878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 046
income
-
-
-
55 932
pensions
-
-
-
18 136
health
-
-
-
7 185
total
-
-
-
82 299
Employee

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

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

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

24 614
-
227 014
-
unemployment
185
-
523
-
health
1 268
-
3 592
-
pensions
3 446
-
9 766
-
income
3 393
-
55 932
-
total
8 292
-
69 813
-
Employer

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

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

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

24 614
-
227 014
-
pensions
2 954
-
8 370
-
unemployment
185
-
523
-
health
1 268
-
3 592
-
total
4 407
-
12 485
-
Corporate
210 480
239 500
-
-
income
31 572
35 925
-
-
total
31 572
35 925
-
-
Dividends
178 908
203 575
-
-
withholding
26 836
30 536
-
-
total
26 836
30 536
-
-
Income
239 500
239 500
239 500
239 500
Total tax
71 107
66 461
82 298
82 299
After tax
168 393
173 039
157 202
157 201
Living cost
16 323
16 323
16 323
16 323
Free-cash
152 070
156 716
140 879
140 878

Estimated living cost  is ₽16323 per week

₽10990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽110398
₽110739
₽78390
₽98094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
83 226
income
-
-
-
32 691
surtax
-
-
-
-
total
-
-
-
115 917
Employee
36 696
-
193 534
-
surtax
-
-
718
-
social contributions
4 037
-
21 288
-
income
7 170
-
67 651
-
total
11 207
-
89 657
-
Employer
36 696
-
193 534
-
social contributions
8 714
-
45 964
-
total
8 714
-
45 964
-
Corporate
194 090
239 500
-
-
income
40 759
50 295
-
-
surtax
-
-
-
-
total
40 759
50 295
-
-
Dividends
153 331
189 205
-
-
withholding
42 933
52 977
-
-
total
42 933
52 977
-
-
Income
239 500
239 500
239 500
239 500
Total tax
103 613
103 272
135 621
115 917
After tax
135 887
136 228
103 879
123 583
Living cost
25 489
25 489
25 489
25 489
Free-cash
110 398
110 739
78 390
98 094

Estimated living cost  is ₽25489 per week

₽18053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119348
₽125535
₽96394
₽100362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
unemployment
-
-
-
614
income
-
-
-
79 620
pensions
-
-
-
24 799
accident
-
-
-
789
total
-
-
-
105 910
Employee
45 662
-
211 562
-
unemployment
707
-
1 358
-
other
45
-
88
-
pensions
2 146
-
4 119
-
income
9 537
-
76 375
-
total
12 435
-
81 940
-
Employer
45 662
-
211 562
-
other
366
-
702
-
accident
904
-
1 735
-
pensions
10 776
-
20 682
-
unemployment
2 512
-
4 819
-
total
14 558
-
27 938
-
Corporate
179 280
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.

26 891
35 925
-
-
total
26 891
35 925
-
-
Dividends
152 389
203 575
-
-
withholding
33 040
44 812
-
-
total
33 040
44 812
-
-
Income
239 500
239 500
239 500
239 500
Total tax
86 924
80 737
109 878
105 910
After tax
152 576
158 763
129 622
133 590
Living cost
33 228
33 228
33 228
33 228
Free-cash
119 348
125 535
96 394
100 362

Estimated living cost  is ₽33228 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽182746
₽188508
₽188672
₽178492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
132
income
-
-
-
35 925
pensions

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

-
-
-
4 888
health
-
-
-
3 798
total
-
-
-
44 743
Employee
21 537
-
233 020
-
accident

We are using the highest rate at 1.1%.

237
-
363
-
health
991
-
1 519
-
pensions

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

1 891
-
2 900
-
income
2 154
-
23 302
-
total
5 273
-
28 084
-
Employer
21 537
-
233 020
-
accident

We are using the highest rate at 1.1%.

237
-
363
-
pensions

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

2 373
-
3 639
-
unemployment
129
-
198
-
health
1 486
-
2 279
-
total
4 225
-
6 479
-
Corporate
213 738
239 500
-
-
income
21 373
23 950
-
-
total
21 373
23 950
-
-
Dividends
192 364
215 550
-
-
withholding
9 618
10 777
-
-
total
9 618
10 777
-
-
Income
239 500
239 500
239 500
239 500
Total tax
40 489
34 727
34 563
44 743
After tax
199 011
204 773
204 937
194 757
Living cost
16 265
16 265
16 265
16 265
Free-cash
182 746
188 508
188 672
178 492

Estimated living cost  is ₽16265 per week

₽10757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99004
₽86638
₽109901
₽81841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
28 060
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.

-
-
-
82 122
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.

-
-
-
6 459
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.

-
-
-
4 516
total
-
-
-
121 157
Employee

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

47 043
-
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.

214
-
4 516
-
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.

6 459
-
6 459
-
income

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

3 868
-
82 122
-
total
10 541
-
93 097
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 457
239 500
-
-
trade
27 618
34 368
-
-
income
28 869
35 925
-
-
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.

1 588
1 975
-
-
chamber of commerce
425
495
-
-
total
58 500
72 763
-
-
Dividends
133 957
166 736
-
-
withholding
33 130
41 324
-
-
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.

1 823
2 273
-
-
total
34 953
43 597
-
-
Income
239 500
239 500
239 500
239 500
Total tax
103 994
116 360
93 097
121 157
After tax
135 506
123 140
146 403
118 343
Living cost
36 502
36 502
36 502
36 502
Free-cash
99 004
86 638
109 901
81 841

Estimated living cost  is ₽36502 per week

₽25180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115879
₽113791
₽63823
₽63823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 647
income
-
-
-
80 172
total
-
-
-
121 819
Employee
73 957
-
239 500
-
social contributions
6 144
-
41 647
-
income
13 955
-
80 172
-
total
20 099
-
121 819
-
Employer
73 957
-
239 500
-
total
-
-
-
-
Corporate
165 543
239 500
-
-
income
20 693
29 938
-
-
total
20 693
29 938
-
-
Dividends
144 851
209 562
-
-
withholding
28 971
41 913
-
-
total
28 971
41 913
-
-
Income
239 500
239 500
239 500
239 500
Total tax
69 763
71 851
121 819
121 819
After tax
169 737
167 649
117 681
117 681
Living cost
53 858
53 858
53 858
53 858
Free-cash
115 879
113 791
63 823
63 823

Estimated living cost  is ₽53858 per week

₽40974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119663
₽116359
₽131517
₽163507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 747
income
-
-
-
35 925
total
-
-
-
41 672
Employee
43 372
-
235 151
-
social contributions
4 346
-
4 349
-
income
4 706
-
64 964
-
total
9 052
-
69 313
-
Employer
43 372
-
235 151
-
social contributions
4 346
-
4 349
-
total
4 346
-
4 349
-
Corporate
191 782
239 500
-
-
income
67 123
83 825
-
-
total
67 123
83 825
-
-
Dividends
124 659
155 675
-
-
social contributions
4 995
4 995
-
-
total
4 995
4 995
-
-
Income
239 500
239 500
239 500
239 500
Total tax
85 516
88 820
73 662
41 672
After tax
153 984
150 680
165 838
197 828
Living cost
34 321
34 321
34 321
34 321
Free-cash
119 663
116 359
131 517
163 507

Estimated living cost  is ₽34321 per week

₽22607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119629
₽114149
₽97439
₽118694
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 568
pensions
-
-
-
9 857
total
-
-
-
86 425
Employee
47 193
-
208 511
-
health
616
-
2 726
-
pensions
3 602
-
11 565
-
income
8 594
-
62 400
-
total
12 812
-
76 691
-
Employer
47 193
-
208 511
-
pensions
4 768
-
27 028
-
health
897
-
3 961
-
total
5 665
-
30 989
-
Corporate
186 642
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.

35 462
45 505
-
-
total
35 462
45 505
-
-
Dividends
151 180
193 995
-
-
withholding
31 551
45 465
-
-
total
31 551
45 465
-
-
Income
239 500
239 500
239 500
239 500
Total tax
85 490
90 970
107 680
86 425
After tax
154 010
148 530
131 820
153 075
Living cost
34 381
34 381
34 381
34 381
Free-cash
119 629
114 149
97 439
118 694

Estimated living cost  is ₽34381 per week

₽23585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15879
-₽3554
₽109588
₽140518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
357
income
-
-
-
69 317
pensions
-
-
-
4 009
accident
-
-
-
243
health
-
-
-
2 102
total
-
-
-
76 028
Employee
36 108
-
219 827
-
health
4 134
-
25 170
-
pensions
4 066
-
7 352
-
income
4 954
-
54 763
-
total
13 154
-
87 285
-
Employer
36 108
-
219 827
-
accident
603
-
3 671
-
pensions
5 871
-
10 616
-
unemployment
885
-
5 386
-
total
7 359
-
19 673
-
Corporate
196 033
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.

176 430
215 550
-
-
total
176 430
215 550
-
-
Dividends
19 603
23 950
-
-
withholding
3 724
4 550
-
-
total
3 724
4 550
-
-
Income
239 500
239 500
239 500
239 500
Total tax
200 667
220 100
106 958
76 028
After tax
38 833
19 400
132 542
163 472
Living cost
22 954
22 954
22 954
22 954
Free-cash
15 879
-3 554
109 588
140 518

Estimated living cost  is ₽22954 per week

₽16846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167588
₽170447
₽165351
₽144562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 814
income
-
-
-
40 591
pensions
-
-
-
27 819
health insurance
-
-
-
11 188
work injury
-
-
-
756
total
-
-
-
82 168
Employee

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

20 432
-
239 500
-
health insurance
1 512
-
5 594
-
unemployment
245
-
907
-
work injury
102
-
378
-
pensions
3 759
-
13 909
-
income
2 043
-
40 591
-
total
7 661
-
61 379
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
219 068
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%.

21 907
23 950
-
-
total
21 907
23 950
-
-
Dividends
197 161
215 550
-
-
withholding
29 574
32 333
-
-
total
29 574
32 333
-
-
Income
239 500
239 500
239 500
239 500
Total tax
59 142
56 283
61 379
82 168
After tax
180 358
183 217
178 121
157 332
Living cost
12 770
12 770
12 770
12 770
Free-cash
167 588
170 447
165 351
144 562

Estimated living cost  is ₽12770 per week

₽7911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84187
₽88486
₽68552
₽76319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
6 083
social contributions
-
-
-
47 320
municipal
-
-
-
1 730
national
-
-
-
70 383
total
-
-
-
125 516
Employee
79 671
-
239 500
-
national
13 464
-
64 055
-
regional
1 203
-
5 593
-
municipal
475
-
1 597
-
social contributions
26 865
-
62 038
-
total
42 007
-
133 283
-
Employer
79 671
-
239 500
-
total
-
-
-
-
Corporate
159 829
239 500
-
-
nationa
38 358
57 481
-
-
municipal
7 704
11 544
-
-
total
46 062
69 025
-
-
Dividends
113 767
170 475
-
-
withholding
29 579
44 324
-
-
total
29 579
44 324
-
-
Income
239 500
239 500
239 500
239 500
Total tax
117 648
113 349
133 283
125 516
After tax
121 852
126 151
106 217
113 984
Living cost
37 665
37 665
37 665
37 665
Free-cash
84 187
88 486
68 552
76 319

Estimated living cost  is ₽37665 per week

₽26457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2591
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.
₽8047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close