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
₽87080
₽92413
₽102730
₽117970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 374
trade
-
-
-
30 890
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.

-
-
-
4 531
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.

-
-
-
82 366
total
-
-
-
124 161
Employee

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

35 684
-
239 500
-
health

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

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

6 374
-
6 374
-
surtax

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

55
-
4 531
-
income

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

997
-
82 366
-
total
7 426
-
93 271
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
203 816
239 500
-
-
trade
32 101
37 722
-
-
chamber of commerce
434
485
-
-
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.

1 682
1 976
-
-
income
30 573
35 925
-
-
total
64 790
76 108
-
-
Dividends
139 027
163 392
-
-
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.

1 893
2 227
-
-
withholding
34 402
40 493
-
-
total
36 295
42 720
-
-
Income
239 500
239 500
239 500
239 500
Total tax
108 511
118 828
93 271
124 161
After tax
130 989
120 672
146 229
115 339
Living cost
28 259
28 259
28 259
28 259
Free-cash
102 730
92 413
117 970
87 080

Estimated living cost  is ₽28259 per week

₽17776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85790
₽100382
₽99566
₽87076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
26 726
social contributions
-
-
-
2 575
national
-
-
-
46 603
pensions
-
-
-
28 740
total
-
-
-
104 644
Employee
76 061
-
207 046
-
pensions
3 042
-
8 282
-
national
14 558
-
48 633
-
municipal
9 395
-
27 653
-
total
26 995
-
84 568
-
Employer
76 061
-
207 046
-
pensions
6 085
-
16 564
-
social contributions
818
-
2 226
-
total
6 903
-
18 790
-
Corporate
151 516
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%.

30 303
47 900
-
-
total
30 303
47 900
-
-
Dividends
121 213
191 600
-
-
withholding
26 667
42 152
-
-
total
26 667
42 152
-
-
Income
239 500
239 500
239 500
239 500
Total tax
90 868
90 052
103 358
104 644
After tax
148 632
149 448
136 142
134 856
Living cost
49 066
49 066
49 066
49 066
Free-cash
99 566
100 382
87 076
85 790

Estimated living cost  is ₽49066 per week

₽33350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69695
₽172190
₽164537
₽86276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 746
income
-
-
-
53 576
microenterprise
-
-
-
-
surtax
-
-
-
61 073
total
-
-
-
150 395
Employee
27 262
-
191 635
-
surtax
-
-
27 788
-
social contributions

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

2 999
-
12 230
-
income
4 853
-
45 931
-
total
7 852
-
85 949
-
Employer
27 262
-
191 635
-
surtax
-
-
21 079
-
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.

6 567
-
26 786
-
total
6 567
-
47 865
-
Corporate
205 671
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%.

41 134
47 900
-
-
total
41 134
47 900
-
-
Dividends

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

164 538
191 600
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
55 553
47 900
133 814
150 395
After tax
183 947
191 600
105 686
89 105
Living cost
19 410
19 410
19 410
19 410
Free-cash
164 537
172 190
86 276
69 695

Estimated living cost  is ₽19410 per week

₽12383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87910
₽80612
₽74895
₽114036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 505
pensions
-
-
-
10 931
income
-
-
-
90 071
total
-
-
-
112 507
Employee
79 672
79 672
222 162
-
health
12 229
10 402
11 505
-
pensions
14 341
10 931
10 931
-
income

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

13 041
13 041
46 607
-
total
39 611
34 374
69 043
-
Employer
79 672
79 672
222 162
-
health
5 538
5 538
6 882
-
pensions
5 545
5 545
6 892
-
unemployment
2 868
2 868
3 564
-
total
13 951
13 951
17 338
-
Corporate
146 854
145 877
-
-
income
29 371
29 176
-
-
total
29 371
29 176
-
-
Dividends
117 484
116 701
-
-
income
24 966
24 799
-
-
withholding
17 623
17 505
-
-
total
42 589
42 304
-
-
Income
239 500
239 500
239 500
239 500
Total tax
125 522
119 805
86 381
112 507
After tax
113 978
119 695
153 119
126 993
Living cost
39 083
39 083
39 083
39 083
Free-cash
74 895
80 612
114 036
87 910

Estimated living cost  is ₽39083 per week

₽27697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79810
₽91744
₽90869
₽78864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 337
accident
-
-
-
171
other
-
-
-
9 938
municipal
-
-
-
64 031
pensions
-
-
-
9 245
national
-
-
-
31 859
unemployment
-
-
-
86
total
-
-
-
120 667
Employee
55 604
-
212 628
-
national
-
-
31 335
-
municipal
16 581
-
63 406
-
total
16 581
-
94 741
-
Employer
55 604
-
212 628
-
health
3 420
-
5 260
-
accident
111
-
171
-
pensions
6 011
-
9 245
-
other
6 461
-
9 938
-
unemployment
1 468
-
2 258
-
total
17 471
-
26 872
-
Corporate
166 425
239 500
-
-
income
36 613
52 690
-
-
total
36 613
52 690
-
-
Dividends
129 811
186 810
-
-
withholding
38 943
56 043
-
-
total
38 943
56 043
-
-
Income
239 500
239 500
239 500
239 500
Total tax
109 608
108 733
121 613
120 667
After tax
129 892
130 767
117 887
118 833
Living cost
39 023
39 023
39 023
39 023
Free-cash
90 869
91 744
78 864
79 810

Estimated living cost  is ₽39023 per week

₽25863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3829
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.
₽8738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77316
₽82788
₽95896
₽109578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 374
trade
-
-
-
32 262
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.

-
-
-
4 531
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.

-
-
-
82 366
total
-
-
-
125 533
Employee

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

47 313
-
239 500
-
health

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

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

6 374
-
6 374
-
surtax

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

223
-
4 531
-
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.

4 065
-
82 366
-
total
10 662
-
93 271
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 187
239 500
-
-
trade
31 616
39 399
-
-
chamber of commerce
414
482
-
-
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.

1 586
1 976
-
-
income
28 829
35 925
-
-
total
62 445
77 782
-
-
Dividends
129 742
161 719
-
-
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.

1 765
2 204
-
-
withholding
32 081
40 075
-
-
total
33 846
42 279
-
-
Income
239 500
239 500
239 500
239 500
Total tax
106 953
120 061
93 271
125 533
After tax
132 547
119 439
146 229
113 967
Living cost
36 651
36 651
36 651
36 651
Free-cash
95 896
82 788
109 578
77 316

Estimated living cost  is ₽36651 per week

₽24512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3865
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.
₽7726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129674
₽144211
₽140342
₽127770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 106
social contributions
-
-
-
15 095
income
-
-
-
58 364
total
-
-
-
79 565
Employee
71 741
71 741
227 264
-
health
714
1 220
3 863
-
social contributions
3 486
5 954
8 031
-
income
7 533
6 641
57 339
-
total
11 733
13 815
69 233
-
Employer
71 741
71 741
227 264
-
health
777
1 328
4 205
-
social contributions
3 486
5 954
8 031
-
total
4 263
7 282
12 236
-
Corporate
193 243
160 477
-
-
income
24 155
20 060
-
-
total
24 155
20 060
-
-
Dividends
169 088
140 418
-
-
withholding
28 746
23 871
-
-
total
28 746
23 871
-
-
Income
239 500
239 500
239 500
239 500
Total tax
68 897
65 028
81 469
79 565
After tax
170 603
174 472
158 031
159 935
Living cost
30 261
30 261
30 261
30 261
Free-cash
140 342
144 211
127 770
129 674

Estimated living cost  is ₽30261 per week

₽20686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148842
₽117312
₽117666
₽121768
S + D Salary + Dividends

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

Dividends

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

Salary

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

24 643
9 808
200 418
-
health
1 725
687
14 029
-
pensions
2 464
981
20 042
-
unemployment
370
147
3 006
-
income
3 013
1 199
24 501
-
total
7 572
3 014
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.

24 643
9 808
200 418
-
pensions
4 805
1 912
39 082
-
total
4 805
1 912
39 082
-
Corporate
210 051
227 780
-
-
income
18 905
20 500
-
-
total
18 905
20 500
-
-
Dividends
191 147
207 280
-
-
social contributions
37 162
40 307
-
-
withholding
36 318
39 383
-
-
total
73 480
79 690
-
-
Income
239 500
239 500
239 500
239 500
Total tax
104 762
105 116
100 660
73 586
After tax
134 738
134 384
138 840
165 914
Living cost
17 072
17 072
17 072
17 072
Free-cash
117 666
117 312
121 768
148 842

Estimated living cost  is ₽17072 per week

₽11650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽341
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105835
₽169065
₽163270
₽115510
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
31 136
pensions
-
-
-
47 900
income
-
-
-
32 094
total
-
-
-
111 130
Employee
26 467
-
178 999
-
pensions
529
-
3 580
-
unemployment
423
-
2 865
-
income
2 980
-
34 510
-
total
3 932
-
40 955
-
Employer
26 467
-
178 999
-
health
3 440
-
23 269
-
pensions
5 294
-
35 799
-
unemployment
212
-
1 432
-
total
8 946
-
60 500
-
Corporate
204 087
239 500
-
-
income
40 817
47 900
-
-
total
40 817
47 900
-
-
Dividends
163 270
191 600
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
53 695
47 900
101 455
111 130
After tax
185 805
191 600
138 045
128 370
Living cost
22 535
22 535
22 535
22 535
Free-cash
163 270
169 065
115 510
105 835

Estimated living cost  is ₽22535 per week

₽15456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142756
-₽1301
₽16223
₽111981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 052
accident
-
-
-
238
other
-
-
-
349
pensions
-
-
-
3 915
income
-
-
-
69 489
total
-
-
-
76 043
Employee
32 564
-
220 066
-
health
3 729
-
25 198
-
pensions
3 667
-
7 179
-
income
4 468
-
55 007
-
total
11 864
-
87 384
-
Employer
32 564
-
220 066
-
accident
544
-
3 675
-
pensions
5 295
-
10 367
-
unemployment
798
-
5 392
-
total
6 637
-
19 434
-
Corporate
200 299
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.

180 269
215 550
-
-
total
180 269
215 550
-
-
Dividends
20 030
23 950
-
-
withholding
3 806
4 550
-
-
total
3 806
4 550
-
-
Income
239 500
239 500
239 500
239 500
Total tax
202 576
220 100
106 818
76 043
After tax
36 924
19 400
132 682
163 457
Living cost
20 701
20 701
20 701
20 701
Free-cash
16 223
-1 301
111 981
142 756

Estimated living cost  is ₽20701 per week

₽15172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽229361
₽219781
₽218329
₽183856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 679
-
239 500
-
income
1 936
-
47 900
-
total
1 936
-
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%.

229 821
239 500
-
-
total
-
-
-
-
Dividends
229 821
239 500
-
-
withholding
11 491
11 975
-
-
total
11 491
11 975
-
-
Income
239 500
239 500
239 500
239 500
Total tax
13 427
11 975
47 900
2 395
After tax
226 073
227 525
191 600
237 105
Living cost
7 744
7 744
7 744
7 744
Free-cash
218 329
219 781
183 856
229 361

Estimated living cost  is ₽7744 per week

₽4799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123439
₽151099
₽144801
₽121531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 243
other
-
-
-
6 738
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.

-
-
-
34 050
income
-
-
-
44 170
total
-
-
-
91 201
Employee
33 875
-
203 258
-
health
474
-
1 986
-
pensions

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

2 371
-
9 931
-
unemployment
338
-
1 418
-
income
5 832
-
43 533
-
total
9 015
-
56 868
-
Employer
33 875
-
203 258
-
health
474
-
1 986
-
accident
271
-
1 625
-
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.

5 759
-
24 119
-
other
1 694
-
7 093
-
unemployment
338
-
1 418
-
total
8 536
-
36 241
-
Corporate
197 088
239 500
-
-
income
41 389
50 296
-
-
total
41 389
50 296
-
-
Dividends
155 699
189 204
-
-
withholding
10 899
13 245
-
-
total
10 899
13 245
-
-
Income
239 500
239 500
239 500
239 500
Total tax
69 839
63 541
93 109
91 201
After tax
169 661
175 959
146 391
148 299
Living cost
24 860
24 860
24 860
24 860
Free-cash
144 801
151 099
121 531
123 439

Estimated living cost  is ₽24860 per week

₽17565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90934
₽86413
₽93902
₽69676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 881
income
-
-
-
76 486
total
-
-
-
86 367
Employee
88 002
-
208 517
-
health
1 450
-
2 729
-
pensions
8 490
-
11 599
-
income
15 863
-
62 314
-
total
25 803
-
76 642
-
Employer
88 002
-
208 517
-
health
1 671
-
3 961
-
pensions
10 391
-
27 022
-
total
12 062
-
30 983
-
Corporate
139 436
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.

26 493
45 505
-
-
total
26 493
45 505
-
-
Dividends
112 943
193 995
-
-
withholding
19 041
45 383
-
-
total
19 041
45 383
-
-
Income
239 500
239 500
239 500
239 500
Total tax
83 399
90 888
107 625
86 367
After tax
156 101
148 612
131 875
153 133
Living cost
62 199
62 199
62 199
62 199
Free-cash
93 902
86 413
69 676
90 934

Estimated living cost  is ₽62199 per week

₽46607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽182635
₽192537
₽188202
₽192836
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 749
pensions

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

-
-
-
4 825
unemployment
-
-
-
130
income
-
-
-
35 925
total
-
-
-
44 629
Employee
16 202
-
233 104
-
health
745
-
1 500
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 423
-
2 862
-
income
1 620
-
23 311
-
total
3 966
-
28 032
-
Employer
16 202
-
233 104
-
health
1 118
-
2 249
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 786
-
3 592
-
unemployment
97
-
196
-
total
3 179
-
6 396
-
Corporate
220 118
239 500
-
-
income
22 012
23 950
-
-
total
22 012
23 950
-
-
Dividends
198 106
215 550
-
-
withholding
9 905
10 777
-
-
total
9 905
10 777
-
-
Income
239 500
239 500
239 500
239 500
Total tax
39 062
34 727
34 428
44 629
After tax
200 438
204 773
205 072
194 871
Living cost
12 236
12 236
12 236
12 236
Free-cash
188 202
192 537
192 836
182 635

Estimated living cost  is ₽12236 per week

₽7144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75259
₽67961
₽70307
₽101385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 505
pensions
-
-
-
10 931
income
-
-
-
90 071
total
-
-
-
112 507
Employee
86 498
79 672
222 162
-
health
10 791
10 402
11 505
-
pensions
10 931
10 931
10 931
-
income

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

13 041
13 041
46 607
-
total
34 763
34 374
69 043
-
Employer
86 498
79 672
222 162
-
health
6 011
5 538
6 882
-
pensions
6 020
5 545
6 892
-
unemployment
3 114
2 868
3 564
-
total
15 145
13 951
17 338
-
Corporate
137 857
145 877
-
-
income
27 572
29 176
-
-
total
27 572
29 176
-
-
Dividends
110 286
116 701
-
-
income
23 436
24 799
-
-
withholding
16 543
17 505
-
-
total
39 979
42 304
-
-
Income
239 500
239 500
239 500
239 500
Total tax
117 459
119 805
86 381
112 507
After tax
122 041
119 695
153 119
126 993
Living cost
51 734
51 734
51 734
51 734
Free-cash
70 307
67 961
101 385
75 259

Estimated living cost  is ₽51734 per week

₽38163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4621
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.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120609
₽141840
₽133613
₽109803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
32 333
social contributions
-
-
-
33 177
solidarity contribution
-
-
-
4 226
income
-
-
-
26 099
total
-
-
-
95 835
Employee
33 906
-
193 665
-
health
4 577
-
26 145
-
solidarity contribution
-
-
3 256
-
social contributions
2 204
-
7 385
-
income
4 069
-
24 020
-
total
10 850
-
60 806
-
Employer
33 906
-
193 665
-
health
3 052
-
17 430
-
social contributions
8 477
-
28 405
-
total
11 529
-
45 835
-
Corporate
194 066
239 500
-
-
income
36 873
45 505
-
-
total
36 873
45 505
-
-
Dividends
157 193
193 995
-
-
withholding
23 579
29 099
-
-
total
23 579
29 099
-
-
Income
239 500
239 500
239 500
239 500
Total tax
82 831
74 604
106 641
95 835
After tax
156 669
164 896
132 859
143 665
Living cost
23 056
23 056
23 056
23 056
Free-cash
133 613
141 840
109 803
120 609

Estimated living cost  is ₽23056 per week

₽16015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77911
₽88414
₽83546
₽70000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 170
municipal
-
-
-
1 542
social contributions
-
-
-
46 695
national
-
-
-
70 814
total
-
-
-
122 221
Employee
82 916
-
239 500
-
regional
782
-
2 917
-
national
14 367
-
64 570
-
social contributions
27 959
-
61 218
-
municipal
439
-
1 427
-
total
43 547
-
130 132
-
Employer
82 916
-
239 500
-
total
-
-
-
-
Corporate
156 584
239 500
-
-
nationa
37 580
57 481
-
-
municipal
6 106
9 341
-
-
total
43 686
66 822
-
-
Dividends
112 897
172 678
-
-
withholding
29 353
44 896
-
-
total
29 353
44 896
-
-
Income
239 500
239 500
239 500
239 500
Total tax
116 586
111 718
130 132
122 221
After tax
122 914
127 782
109 368
117 279
Living cost
39 368
39 368
39 368
39 368
Free-cash
83 546
88 414
70 000
77 911

Estimated living cost  is ₽39368 per week

₽27442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91753
₽130059
₽127154
₽86051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 840
other
-
-
-
-
pensions
-
-
-
24 904
unemployment
-
-
-
212
income
-
-
-
79 394
surtax
-
-
-
13 810
total
-
-
-
127 160
Employee
30 853
-
213 290
-
health
788
-
3 174
-
pensions
2 057
-
8 305
-
unemployment
2 148
-
8 667
-
surtax
101
-
12 693
-
income
5 172
-
73 813
-
other
-
-
-
-
total
10 266
-
106 652
-
Employer
30 853
-
213 290
-
health
1 404
-
5 666
-
pensions
4 113
-
16 598
-
other
-
-
-
-
unemployment
977
-
3 946
-
total
6 494
-
26 210
-
Corporate
202 153
239 500
-
-
income
52 560
62 270
-
-
total
52 560
62 270
-
-
Dividends
149 593
177 230
-
-
withholding
22 439
26 584
-
-
total
22 439
26 584
-
-
Income
239 500
239 500
239 500
239 500
Total tax
91 759
88 854
132 862
127 160
After tax
147 741
150 646
106 638
112 340
Living cost
20 587
20 587
20 587
20 587
Free-cash
127 154
130 059
86 051
91 753

Estimated living cost  is ₽20587 per week

₽12588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5625
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110640
₽106119
₽112264
₽89382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 881
income
-
-
-
76 486
total
-
-
-
86 367
Employee
58 977
-
208 517
-
health
856
-
2 729
-
pensions
5 006
-
11 599
-
income
10 622
-
62 314
-
total
16 484
-
76 642
-
Employer
58 977
-
208 517
-
health
1 120
-
3 961
-
pensions
6 384
-
27 022
-
total
7 504
-
30 983
-
Corporate
173 019
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.

32 874
45 505
-
-
total
32 874
45 505
-
-
Dividends
140 145
193 995
-
-
withholding
27 881
45 383
-
-
total
27 881
45 383
-
-
Income
239 500
239 500
239 500
239 500
Total tax
84 743
90 888
107 625
86 367
After tax
154 757
148 612
131 875
153 133
Living cost
42 493
42 493
42 493
42 493
Free-cash
112 264
106 119
89 382
110 640

Estimated living cost  is ₽42493 per week

₽31835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽112595
₽33259
₽65886
₽104758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
539
city
-
-
-
2 525
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.

-
-
-
4 791
regional
-
-
-
13 851
pensions
-
-
-
22 035
national
-
-
-
6 905
total
-
-
-
50 646
Employee
89 243
-
215 938
-
health
202
-
486
-
regional
2 922
-
12 406
-
pensions
7 498
-
16 380
-
unemployment
-
-
-
-
national
422
-
5 685
-
city
958
-
2 341
-
total
12 002
-
37 298
-
Employer
89 243
-
215 938
-
health
202
-
486
-
pensions
7 498
-
16 380
-
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.

1 784
-
4 319
-
unemployment
-
-
-
-
total
9 484
-
21 185
-
Corporate
139 792
239 500
-
-
national
11 883
20 358
-
-
regional
29 565
50 654
-
-
total
41 448
71 012
-
-
Dividends
98 344
168 488
-
-
withholding
34 421
58 970
-
-
total
34 421
58 970
-
-
Income
239 500
239 500
239 500
239 500
Total tax
97 355
129 982
58 483
50 646
After tax
142 145
109 518
181 017
188 854
Living cost
76 259
76 259
76 259
76 259
Free-cash
65 886
33 259
104 758
112 595

Estimated living cost  is ₽76259 per week

₽49590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽69853
₽75470
₽90596
₽103489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 374
trade
-
-
-
33 636
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.

-
-
-
4 531
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.

-
-
-
82 366
total
-
-
-
126 907
Employee

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

56 070
-
239 500
-
health

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

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

6 374
-
6 374
-
surtax

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

363
-
4 531
-
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.

6 593
-
82 366
-
total
13 330
-
93 271
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
183 430
239 500
-
-
trade
31 458
41 073
-
-
chamber of commerce
400
478
-
-
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.

1 514
1 976
-
-
income
27 515
35 925
-
-
total
60 887
79 452
-
-
Dividends
122 543
160 048
-
-
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.

1 666
2 181
-
-
withholding
30 281
39 657
-
-
total
31 947
41 838
-
-
Income
239 500
239 500
239 500
239 500
Total tax
106 164
121 290
93 271
126 907
After tax
133 336
118 210
146 229
112 593
Living cost
42 740
42 740
42 740
42 740
Free-cash
90 596
75 470
103 489
69 853

Estimated living cost  is ₽42740 per week

₽31215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3419
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96569
₽88785
₽94299
₽87674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 473
other
-
-
-
7 424
pensions
-
-
-
35 543
social contributions
-
-
-
6 825
income
-
-
-
48 746
surtax
-
-
-
-
total
-
-
-
111 011
Employee
39 930
-
181 387
-
pensions
4 515
-
14 259
-
surtax
-
-
-
-
social contributions
1 138
-
5 168
-
income
2 357
-
42 365
-
total
8 010
-
61 792
-
Employer
39 930
-
181 387
-
health
2 796
-
18 733
-
pensions
6 560
-
23 713
-
other
1 377
-
7 778
-
social contributions
120
-
544
-
unemployment
1 616
-
7 346
-
total
12 469
-
58 114
-
Corporate
187 101
239 500
-
-
surtax
-
-
-
-
income
52 389
67 061
-
-
total
52 389
67 061
-
-
Dividends
134 712
172 439
-
-
social contributions
23 170
29 661
-
-
surtax
-
-
-
-
withholding
17 243
22 073
-
-
total
40 413
51 734
-
-
Income
239 500
239 500
239 500
239 500
Total tax
113 281
118 795
119 906
111 011
After tax
126 219
120 705
119 594
128 489
Living cost
31 920
31 920
31 920
31 920
Free-cash
94 299
88 785
87 674
96 569

Estimated living cost  is ₽31920 per week

₽20127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
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.
₽8656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99732
₽91948
₽97135
₽90837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 473
other
-
-
-
7 424
pensions
-
-
-
35 543
social contributions
-
-
-
6 825
income
-
-
-
48 746
surtax
-
-
-
-
total
-
-
-
111 011
Employee
35 643
-
181 387
-
pensions
4 031
-
14 259
-
surtax
-
-
-
-
social contributions
1 016
-
5 168
-
income
1 838
-
42 365
-
total
6 885
-
61 792
-
Employer
35 643
-
181 387
-
health
2 495
-
18 733
-
pensions
5 857
-
23 713
-
other
1 230
-
7 778
-
social contributions
106
-
544
-
unemployment
1 443
-
7 346
-
total
11 131
-
58 114
-
Corporate
192 726
239 500
-
-
surtax
-
-
-
-
income
53 963
67 061
-
-
total
53 963
67 061
-
-
Dividends
138 764
172 439
-
-
social contributions
23 868
29 661
-
-
surtax
-
-
-
-
withholding
17 761
22 073
-
-
total
41 629
51 734
-
-
Income
239 500
239 500
239 500
239 500
Total tax
113 608
118 795
119 906
111 011
After tax
125 892
120 705
119 594
128 489
Living cost
28 757
28 757
28 757
28 757
Free-cash
97 135
91 948
90 837
99 732

Estimated living cost  is ₽28757 per week

₽16678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134024
₽126334
₽126818
₽126877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
16 717
social contributions
-
-
-
33 051
income
-
-
-
35 925
total
-
-
-
85 693
Employee
31 633
-
239 500
-
health
2 208
-
16 717
-
social contributions
4 366
-
33 051
-
income
5 276
-
43 072
-
total
11 850
-
92 840
-
Employer
31 633
-
239 500
-
total
-
-
-
-
Corporate
207 867
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%.

10 393
11 976
-
-
total
10 393
11 976
-
-
Dividends
197 474
227 524
-
-
social contributions
27 251
31 398
-
-
health
13 783
15 881
-
-
withholding
29 622
34 128
-
-
total
70 656
81 407
-
-
Income
239 500
239 500
239 500
239 500
Total tax
92 899
93 383
92 840
85 693
After tax
146 601
146 117
146 660
153 807
Living cost
19 783
19 783
19 783
19 783
Free-cash
126 818
126 334
126 877
134 024

Estimated living cost  is ₽19783 per week

₽13240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89337
₽98925
₽97479
₽29161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 337
pensions
-
-
-
20 164
unemployment
-
-
-
5 722
income
-
-
-
81 924
chamber of commerce
-
-
-
958
surtax
-
-
-
184
total
-
-
-
117 289
Employee
46 626
37 180
201 215
-
health
1 804
1 439
4 217
-
pensions
4 775
3 807
11 161
-
unemployment
1 399
1 115
3 270
-
income
5 308
2 742
70 023
-
other
466
372
1 091
-
total
13 752
9 475
89 762
-
Employer
46 626
37 180
201 215
-
payroll
1 399
1 115
6 036
-
health
1 762
1 406
4 120
-
surtax
184
184
184
-
accident
606
483
1 416
-
pensions
5 851
4 667
13 679
-
chamber of commerce
186
149
806
-
other
2 215
1 765
8 773
-
unemployment
1 399
1 115
3 270
-
total
13 602
10 884
38 284
-
Corporate
179 274
191 435
197 676
-
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.

44 818
47 858
49 419
-
total
44 818
47 858
49 419
-
Dividends
134 456
143 577
-
-
withholding
36 975
39 484
-
-
total
36 975
39 484
-
-
Income
239 500
239 500
239 500
239 500
Total tax
109 147
107 701
177 465
117 289
After tax
130 353
131 799
62 035
122 211
Living cost
32 874
32 874
32 874
32 874
Free-cash
97 479
98 925
29 161
89 337

Estimated living cost  is ₽32874 per week

₽21926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70302
₽95759
₽85779
₽46108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 260
national
-
-
-
98 947
communal

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

-
-
-
12 974
total
-
-
-
135 181
Employee

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

66 736
-
185 500
-
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.

3 136
-
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.

5 005
-
13 912
-
unemployment

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

581
-
1 615
-
national
20 517
-
71 455
-
communal

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

3 481
-
9 676
-
total
32 720
-
105 376
-
Employer

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

66 736
-
185 500
-
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.

4 104
-
11 407
-
surtax
7 567
-
21 037
-
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.

868
-
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.

5 913
-
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.

974
-
2 709
-
total
19 426
-
53 999
-
Corporate
153 338
239 500
-
-
surtax
613
1 071
-
-
income
30 668
53 520
-
-
total
31 281
54 591
-
-
Dividends
122 058
184 909
-
-
withholding

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

36 277
55 133
-
-
total
36 277
55 133
-
-
Income
239 500
239 500
239 500
239 500
Total tax
119 704
109 724
159 375
135 181
After tax
119 796
129 776
80 125
104 319
Living cost
34 017
34 017
34 017
34 017
Free-cash
85 779
95 759
46 108
70 302

Estimated living cost  is ₽34017 per week

₽21911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99872
₽125043
₽118652
₽95958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
accident
-
-
-
779
other
-
-
-
87
pensions
-
-
-
24 472
unemployment
-
-
-
606
income
-
-
-
79 991
total
-
-
-
105 935
Employee
46 441
-
211 932
-
pensions
2 183
-
4 065
-
unemployment
721
-
1 340
-
other
46
-
87
-
income
9 799
-
76 789
-
total
12 749
-
82 281
-
Employer
46 441
-
211 932
-
accident
919
-
1 712
-
pensions
10 959
-
20 408
-
other
370
-
692
-
unemployment
2 555
-
4 756
-
total
14 803
-
27 568
-
Corporate
178 256
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.

26 738
35 925
-
-
total
26 738
35 925
-
-
Dividends
151 518
203 575
-
-
withholding
32 865
44 839
-
-
total
32 865
44 839
-
-
Income
239 500
239 500
239 500
239 500
Total tax
87 155
80 764
109 849
105 935
After tax
152 345
158 736
129 651
133 565
Living cost
33 693
33 693
33 693
33 693
Free-cash
118 652
125 043
95 958
99 872

Estimated living cost  is ₽33693 per week

₽24812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽61601
₽82335
₽69502
₽68741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 515
accident
-
-
-
1 863
pensions
-
-
-
33 097
communal
-
-
-
15 136
income
-
-
-
49 415
surtax
-
-
-
12 172
total
-
-
-
127 198
Employee
70 653
-
213 934
-
health
3 144
-
9 520
-
pensions
5 651
-
17 115
-
surtax
4 331
-
13 110
-
income
6 824
-
54 748
-
total
19 950
-
94 493
-
Employer
70 653
-
213 934
-
health
2 155
-
6 524
-
accident
636
-
1 926
-
pensions
5 651
-
17 115
-
total
8 442
-
25 565
-
Corporate
160 405
239 500
-
-
communal
10 827
16 166
-
-
surtax
1 684
2 514
-
-
income
24 061
35 925
-
-
total
36 572
54 605
-
-
Dividends
123 834
184 895
-
-
income
35 757
24 124
-
-
withholding
18 576
27 735
-
-
total
54 333
51 859
-
-
Income
239 500
239 500
239 500
239 500
Total tax
119 297
106 464
120 058
127 198
After tax
120 203
133 036
119 442
112 302
Living cost
50 701
50 701
50 701
50 701
Free-cash
69 502
82 335
68 741
61 601

Estimated living cost  is ₽50701 per week

₽38034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91384
₽129690
₽126720
₽85682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 840
other
-
-
-
-
pensions
-
-
-
24 904
unemployment
-
-
-
212
income
-
-
-
79 394
surtax
-
-
-
13 810
total
-
-
-
127 160
Employee
31 419
-
213 290
-
health
802
-
3 174
-
pensions
2 096
-
8 305
-
unemployment
2 187
-
8 667
-
surtax
112
-
12 693
-
income
5 267
-
73 813
-
other
-
-
-
-
total
10 464
-
106 652
-
Employer
31 419
-
213 290
-
health
1 429
-
5 666
-
pensions
4 189
-
16 598
-
other
-
-
-
-
unemployment
997
-
3 946
-
total
6 615
-
26 210
-
Corporate
201 466
239 500
-
-
income
52 382
62 270
-
-
total
52 382
62 270
-
-
Dividends
149 085
177 230
-
-
withholding
22 363
26 584
-
-
total
22 363
26 584
-
-
Income
239 500
239 500
239 500
239 500
Total tax
91 824
88 854
132 862
127 160
After tax
147 676
150 646
106 638
112 340
Living cost
20 956
20 956
20 956
20 956
Free-cash
126 720
129 690
85 682
91 384

Estimated living cost  is ₽20956 per week

₽12652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91403
₽100754
₽98684
₽83533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 914
municipal
-
-
-
1 542
social contributions
-
-
-
46 695
national
-
-
-
70 814
total
-
-
-
122 965
Employee
51 753
-
239 500
-
regional
697
-
3 620
-
national
8 199
-
64 570
-
social contributions
17 452
-
61 218
-
municipal
274
-
1 427
-
total
26 622
-
130 835
-
Employer
51 753
-
239 500
-
total
-
-
-
-
Corporate
187 747
239 500
-
-
nationa
45 059
57 481
-
-
municipal
9 330
11 903
-
-
total
54 389
69 384
-
-
Dividends
133 358
170 117
-
-
withholding
34 673
44 230
-
-
total
34 673
44 230
-
-
Income
239 500
239 500
239 500
239 500
Total tax
115 684
113 614
130 835
122 965
After tax
123 816
125 886
108 665
116 535
Living cost
25 132
25 132
25 132
25 132
Free-cash
98 684
100 754
83 533
91 403

Estimated living cost  is ₽25132 per week

₽15630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2546
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.
₽6526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115254
₽136485
₽126349
₽104448
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
32 333
social contributions
-
-
-
33 177
solidarity contribution
-
-
-
4 226
income
-
-
-
26 099
total
-
-
-
95 835
Employee
41 781
-
193 665
-
health
5 640
-
26 145
-
solidarity contribution
-
-
3 256
-
social contributions
2 716
-
7 385
-
income
5 014
-
24 020
-
total
13 370
-
60 806
-
Employer
41 781
-
193 665
-
health
3 760
-
17 430
-
social contributions
10 445
-
28 405
-
total
14 205
-
45 835
-
Corporate
183 513
239 500
-
-
income
34 868
45 505
-
-
total
34 868
45 505
-
-
Dividends
148 646
193 995
-
-
withholding
22 297
29 099
-
-
total
22 297
29 099
-
-
Income
239 500
239 500
239 500
239 500
Total tax
84 740
74 604
106 641
95 835
After tax
154 760
164 896
132 859
143 665
Living cost
28 411
28 411
28 411
28 411
Free-cash
126 349
136 485
104 448
115 254

Estimated living cost  is ₽28411 per week

₽21128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1574
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.
₽5217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92630
₽102134
₽101671
₽32313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 337
pensions
-
-
-
20 164
unemployment
-
-
-
5 722
income
-
-
-
81 924
chamber of commerce
-
-
-
958
surtax
-
-
-
-
total
-
-
-
117 105
Employee
40 783
37 180
201 389
-
health
1 578
1 439
4 217
-
pensions
4 177
3 807
11 161
-
unemployment
1 223
1 115
3 270
-
income
3 633
2 742
70 109
-
other
407
372
1 091
-
total
11 018
9 475
89 848
-
Employer
40 783
37 180
201 389
-
payroll
1 223
1 115
6 041
-
health
1 542
1 406
4 120
-
surtax
-
-
-
-
accident
529
483
1 416
-
pensions
5 118
4 667
13 679
-
chamber of commerce
163
149
806
-
other
1 937
1 765
8 780
-
unemployment
1 223
1 115
3 270
-
total
11 735
10 700
38 112
-
Corporate
186 981
191 619
197 848
-
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.

46 746
47 904
49 462
-
total
46 746
47 904
49 462
-
Dividends
140 235
143 715
-
-
withholding
38 565
39 522
-
-
total
38 565
39 522
-
-
Income
239 500
239 500
239 500
239 500
Total tax
108 064
107 601
177 422
117 105
After tax
131 436
131 899
62 078
122 395
Living cost
29 765
29 765
29 765
29 765
Free-cash
101 671
102 134
32 313
92 630

Estimated living cost  is ₽29765 per week

₽17855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3040
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽225038
₽215458
₽213195
₽179533
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
239 500
microenterprise

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

-
-
-
2 395
total
-
-
-
2 395
Employee
15 084
-
239 500
-
income
3 017
-
47 900
-
total
3 017
-
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%.

224 416
239 500
-
-
total
-
-
-
-
Dividends
224 416
239 500
-
-
withholding
11 221
11 975
-
-
total
11 221
11 975
-
-
Income
239 500
239 500
239 500
239 500
Total tax
14 238
11 975
47 900
2 395
After tax
225 262
227 525
191 600
237 105
Living cost
12 067
12 067
12 067
12 067
Free-cash
213 195
215 458
179 533
225 038

Estimated living cost  is ₽12067 per week

₽8166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽507
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.
₽2990
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83044
₽139871
₽132067
₽77844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
23 567
pensions
-
-
-
43 738
unemployment
-
-
-
359
income
-
-
-
63 768
total
-
-
-
131 432
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.

41 256
-
207 235
-
health
2 665
-
13 387
-
pensions
6 395
-
32 122
-
unemployment
58
-
290
-
income
7 115
-
58 568
-
total
16 233
-
104 367
-
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.

41 256
-
207 235
-
health
2 748
-
13 801
-
pensions
3 651
-
18 340
-
unemployment
25
-
124
-
total
6 424
-
32 265
-
Corporate
191 821
239 500
-
-
income
36 445
45 505
-
-
total
36 445
45 505
-
-
Dividends
155 375
193 995
-
-
withholding
23 307
29 100
-
-
total
23 307
29 100
-
-
Income
239 500
239 500
239 500
239 500
Total tax
82 409
74 605
136 632
131 432
After tax
157 091
164 895
102 868
108 068
Living cost
25 024
25 024
25 024
25 024
Free-cash
132 067
139 871
77 844
83 044

Estimated living cost  is ₽25024 per week

₽17174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123018
₽103216
₽56368
₽184048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
60 933
-
-
-
social contributions
4 997
-
712
-
income
13 441
-
-
-
total
18 438
-
712
-
Employer
60 933
-
-
-
social contributions
85 916
-
12 244
-
total
85 916
-
12 244
-
Corporate
92 651
239 500
-
-
income
20 383
52 690
-
-
total
20 383
52 690
-
-
Dividends
72 268
186 810
-
-
income
15 899
41 098
-
-
total
15 899
41 098
-
-
Income
239 500
239 500
239 500
239 500
Total tax
140 636
93 788
12 956
73 986
After tax
98 864
145 712
226 544
165 514
Living cost
42 496
42 496
42 496
42 496
Free-cash
56 368
103 216
184 048
123 018

Estimated living cost  is ₽42496 per week

₽27573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94176
₽106964
₽106025
₽74369
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 227
income
-
-
-
32 833
surtax
-
-
-
-
total
-
-
-
116 060
Employee
42 909
-
193 535
-
surtax
-
-
765
-
social contributions
4 720
-
21 288
-
income
8 925
-
67 849
-
total
13 645
-
89 902
-
Employer
42 909
-
193 535
-
social contributions
10 191
-
45 965
-
total
10 191
-
45 965
-
Corporate
186 400
239 500
-
-
surtax
-
-
-
-
income
39 144
50 296
-
-
total
39 144
50 296
-
-
Dividends
147 256
189 204
-
-
withholding
41 231
52 976
-
-
total
41 231
52 976
-
-
Income
239 500
239 500
239 500
239 500
Total tax
104 211
103 272
135 867
116 060
After tax
135 289
136 228
103 633
123 440
Living cost
29 264
29 264
29 264
29 264
Free-cash
106 025
106 964
74 369
94 176

Estimated living cost  is ₽29264 per week

₽21896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽83428
₽75644
₽82061
₽74533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 473
other
-
-
-
7 424
pensions
-
-
-
35 543
social contributions
-
-
-
6 825
income
-
-
-
48 746
surtax
-
-
-
-
total
-
-
-
111 011
Employee
58 434
-
181 387
-
pensions
6 609
-
14 259
-
surtax
-
-
-
-
social contributions
1 664
-
5 168
-
income
5 098
-
42 365
-
total
13 371
-
61 792
-
Employer
58 434
-
181 387
-
health
4 090
-
18 733
-
pensions
9 601
-
23 713
-
other
2 017
-
7 778
-
social contributions
175
-
544
-
unemployment
2 367
-
7 346
-
total
18 250
-
58 114
-
Corporate
162 816
239 500
-
-
surtax
-
-
-
-
income
45 588
67 061
-
-
total
45 588
67 061
-
-
Dividends
117 228
172 439
-
-
social contributions
20 164
29 661
-
-
surtax
-
-
-
-
withholding
15 005
22 073
-
-
total
35 169
51 734
-
-
Income
239 500
239 500
239 500
239 500
Total tax
112 378
118 795
119 906
111 011
After tax
127 122
120 705
119 594
128 489
Living cost
45 061
45 061
45 061
45 061
Free-cash
82 061
75 644
74 533
83 428

Estimated living cost  is ₽45061 per week

₽30497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145750
₽187506
₽184371
₽152113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 015
social contributions
-
-
-
52 690
total
-
-
-
65 705
Employee
29 994
-
207 360
-
social contributions
1 949
-
13 479
-
income
-
-
13 723
-
total
1 949
-
27 202
-
Employer
29 994
-
207 360
-
social contributions
4 649
-
32 140
-
total
4 649
-
32 140
-
Corporate
204 857
239 500
-
-
income
20 486
23 949
-
-
total
20 486
23 949
-
-
Dividends
184 370
215 551
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
27 084
23 949
59 342
65 705
After tax
212 416
215 551
180 158
173 795
Living cost
28 045
28 045
28 045
28 045
Free-cash
184 371
187 506
152 113
145 750

Estimated living cost  is ₽28045 per week

₽18133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92034
₽36550
₽18454
₽36550
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
52 129
labour market
-
-
-
19 095
national
-
-
-
30 574
pensions
-
-
-
807
total
-
-
-
102 605
Employee
189 346
189 346
189 346
-
pensions
269
269
269
-
labour market
15 126
15 126
15 126
-
national
23 132
23 132
23 132
-
municipal
40 320
40 320
40 320
-
total
78 847
78 847
78 847
-
Employer
189 346
189 346
189 346
-
municipal
40 384
40 384
40 384
-
labour market
15 148
15 148
15 148
-
national
23 172
23 172
23 172
-
pensions
538
538
538
-
total
79 242
79 242
79 242
-
Corporate
36 550
-
-
-
income
8 041
-
-
-
total
8 041
-
-
-
Dividends
28 509
-
-
-
withholding
10 055
-
-
-
total
10 055
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
176 185
158 089
158 089
102 605
After tax
63 315
81 411
81 411
136 895
Living cost
44 861
44 861
44 861
44 861
Free-cash
18 454
36 550
36 550
92 034

Estimated living cost  is ₽44861 per week

₽30703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽690
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143061
-₽996
₽16270
₽112286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 052
accident
-
-
-
238
other
-
-
-
349
pensions
-
-
-
3 915
income
-
-
-
69 489
total
-
-
-
76 043
Employee
32 084
-
220 066
-
health
3 674
-
25 198
-
pensions
3 613
-
7 179
-
income
4 402
-
55 007
-
total
11 689
-
87 384
-
Employer
32 084
-
220 066
-
accident
536
-
3 675
-
pensions
5 217
-
10 367
-
unemployment
786
-
5 392
-
total
6 539
-
19 434
-
Corporate
200 877
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.

180 789
215 550
-
-
total
180 789
215 550
-
-
Dividends
20 088
23 950
-
-
withholding
3 817
4 550
-
-
total
3 817
4 550
-
-
Income
239 500
239 500
239 500
239 500
Total tax
202 834
220 100
106 818
76 043
After tax
36 666
19 400
132 682
163 457
Living cost
20 396
20 396
20 396
20 396
Free-cash
16 270
-996
112 286
143 061

Estimated living cost  is ₽20396 per week

₽14846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107735
₽108689
₽112468
₽80303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
239 500
health
-
-
-
3 298
municipal
-
-
-
42 516
national
-
-
-
50 132
total
-
-
-
95 946
Employee
49 085
-
201 481
-
health
366
-
2 714
-
pensions
3 313
-
13 599
-
unemployment
737
-
3 022
-
national
811
-
33 238
-
municipal
8 040
-
32 786
-
total
13 267
-
85 359
-
Employer
49 085
-
201 481
-
health
377
-
1 551
-
accident
50
-
202
-
pensions
8 516
-
34 956
-
unemployment
319
-
1 310
-
total
9 262
-
38 019
-
Corporate
181 153
239 500
-
-
income
36 231
47 900
-
-
total
36 231
47 900
-
-
Dividends

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

108 692
143 700
-
-
national
12 889
21 225
-
-
municipal
19 564
25 867
-
-
total
32 453
47 092
-
-
Income
239 500
239 500
239 500
239 500
Total tax
91 213
94 992
123 378
95 946
After tax
148 287
144 508
116 122
143 554
Living cost
35 819
35 819
35 819
35 819
Free-cash
112 468
108 689
80 303
107 735

Estimated living cost  is ₽35819 per week

₽23397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138334
₽152871
₽147794
₽136430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 106
social contributions
-
-
-
15 095
income
-
-
-
58 364
total
-
-
-
79 565
Employee
71 741
71 741
227 264
-
health
556
1 220
3 863
-
social contributions
2 712
5 954
8 031
-
income
7 811
6 641
57 339
-
total
11 079
13 815
69 233
-
Employer
71 741
71 741
227 264
-
health
604
1 328
4 205
-
social contributions
2 712
5 954
8 031
-
total
3 316
7 282
12 236
-
Corporate
203 503
160 477
-
-
income
25 438
20 060
-
-
total
25 438
20 060
-
-
Dividends
178 065
140 418
-
-
withholding
30 272
23 871
-
-
total
30 272
23 871
-
-
Income
239 500
239 500
239 500
239 500
Total tax
70 105
65 028
81 469
79 565
After tax
169 395
174 472
158 031
159 935
Living cost
21 601
21 601
21 601
21 601
Free-cash
147 794
152 871
136 430
138 334

Estimated living cost  is ₽21601 per week

₽12946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽190360
₽183516
₽178772
₽171646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 376
pensions
-
-
-
5 935
unemployment
-
-
-
27
income
-
-
-
24 989
total
-
-
-
34 327
Employee

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

21 415
-
230 382
-
health
1 820
-
7 525
-
pensions
3 212
-
13 279
-
unemployment
106
-
443
-
income
1 464
-
22 675
-
total
6 602
-
43 922
-
Employer

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

21 415
-
230 382
-
health
921
-
3 807
-
pensions
1 177
-
4 869
-
unemployment
106
-
443
-
total
2 204
-
9 119
-
Corporate
215 881
239 500
-
-
income
19 429
21 556
-
-
total
19 429
21 556
-
-
Dividends
196 452
217 944
-
-
withholding
17 680
19 615
-
-
total
17 680
19 615
-
-
Income
239 500
239 500
239 500
239 500
Total tax
45 915
41 171
53 041
34 327
After tax
193 585
198 329
186 459
205 173
Living cost
14 813
14 813
14 813
14 813
Free-cash
178 772
183 516
171 646
190 360

Estimated living cost  is ₽14813 per week

₽9451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107909
₽133080
₽128959
₽103995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
accident
-
-
-
779
other
-
-
-
87
pensions
-
-
-
24 472
unemployment
-
-
-
606
income
-
-
-
79 991
total
-
-
-
105 935
Employee
34 497
-
211 932
-
pensions
1 622
-
4 065
-
unemployment
535
-
1 340
-
other
34
-
87
-
income
6 651
-
76 789
-
total
8 842
-
82 281
-
Employer
34 497
-
211 932
-
accident
683
-
1 712
-
pensions
8 141
-
20 408
-
other
276
-
692
-
unemployment
1 898
-
4 756
-
total
10 998
-
27 568
-
Corporate
194 004
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.

29 101
35 925
-
-
total
29 101
35 925
-
-
Dividends
164 903
203 575
-
-
withholding
35 944
44 839
-
-
total
35 944
44 839
-
-
Income
239 500
239 500
239 500
239 500
Total tax
84 885
80 764
109 849
105 935
After tax
154 615
158 736
129 651
133 565
Living cost
25 656
25 656
25 656
25 656
Free-cash
128 959
133 080
103 995
107 909

Estimated living cost  is ₽25656 per week

₽17317
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5423
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152896
₽147697
₽147411
₽152770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
926
pensions
-
-
-
1 277
income
-
-
-
82 650
total
-
-
-
84 853
Employee
2 667
-
238 063
-
health
133
-
319
-
pensions
240
-
575
-
unemployment
27
-
64
-
income
516
-
82 583
-
total
916
-
83 541
-
Employer
2 667
-
238 063
-
health
253
-
607
-
pensions
293
-
703
-
unemployment
53
-
128
-
total
599
-
1 438
-
Corporate
236 233
239 500
-
-
income
51 971
52 690
-
-
total
51 971
52 690
-
-
Dividends
184 261
186 810
-
-
withholding
36 852
37 362
-
-
total
36 852
37 362
-
-
Income
239 500
239 500
239 500
239 500
Total tax
90 338
90 052
84 979
84 853
After tax
149 162
149 448
154 521
154 647
Living cost
1 751
1 751
1 751
1 751
Free-cash
147 411
147 697
152 770
152 896

Estimated living cost  is ₽1751 per week

₽1041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141405
₽156938
₽152358
₽141405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 087
pensions
-
-
-
17 889
unemployment
-
-
-
1 032
income
-
-
-
55 986
total
-
-
-
81 994
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.

24 279
-
227 184
-
health
1 250
-
3 543
-
pensions
3 399
-
9 633
-
unemployment
182
-
516
-
income
3 347
-
55 986
-
total
8 178
-
69 678
-
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.

24 279
-
227 184
-
health
1 250
-
3 543
-
pensions
2 913
-
8 257
-
unemployment
182
-
516
-
total
4 345
-
12 316
-
Corporate
210 875
239 500
-
-
income
31 631
35 925
-
-
total
31 631
35 925
-
-
Dividends
179 244
203 575
-
-
withholding
26 887
30 536
-
-
total
26 887
30 536
-
-
Income
239 500
239 500
239 500
239 500
Total tax
71 041
66 461
81 994
81 994
After tax
168 459
173 039
157 506
157 506
Living cost
16 101
16 101
16 101
16 101
Free-cash
152 358
156 938
141 405
141 405

Estimated living cost  is ₽16101 per week

₽10841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98288
₽111076
₽110739
₽78481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 227
income
-
-
-
32 833
surtax
-
-
-
-
total
-
-
-
116 060
Employee
36 211
-
193 535
-
surtax
-
-
765
-
social contributions
3 984
-
21 288
-
income
7 075
-
67 849
-
total
11 059
-
89 902
-
Employer
36 211
-
193 535
-
social contributions
8 599
-
45 965
-
total
8 599
-
45 965
-
Corporate
194 690
239 500
-
-
surtax
-
-
-
-
income
40 886
50 296
-
-
total
40 886
50 296
-
-
Dividends
153 804
189 204
-
-
withholding
43 065
52 976
-
-
total
43 065
52 976
-
-
Income
239 500
239 500
239 500
239 500
Total tax
103 609
103 272
135 867
116 060
After tax
135 891
136 228
103 633
123 440
Living cost
25 152
25 152
25 152
25 152
Free-cash
110 739
111 076
78 481
98 288

Estimated living cost  is ₽25152 per week

₽17815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100776
₽125947
₽119842
₽96862
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
accident
-
-
-
779
other
-
-
-
87
pensions
-
-
-
24 472
unemployment
-
-
-
606
income
-
-
-
79 991
total
-
-
-
105 935
Employee
45 058
-
211 932
-
pensions
2 117
-
4 065
-
unemployment
698
-
1 340
-
other
44
-
87
-
income
9 411
-
76 789
-
total
12 270
-
82 281
-
Employer
45 058
-
211 932
-
accident
892
-
1 712
-
pensions
10 634
-
20 408
-
other
361
-
692
-
unemployment
2 479
-
4 756
-
total
14 366
-
27 568
-
Corporate
180 076
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.

27 012
35 925
-
-
total
27 012
35 925
-
-
Dividends
153 064
203 575
-
-
withholding
33 221
44 839
-
-
total
33 221
44 839
-
-
Income
239 500
239 500
239 500
239 500
Total tax
86 869
80 764
109 849
105 935
After tax
152 631
158 736
129 651
133 565
Living cost
32 789
32 789
32 789
32 789
Free-cash
119 842
125 947
96 862
100 776

Estimated living cost  is ₽32789 per week

₽23547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178817
₽188719
₽183030
₽189018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 749
pensions

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

-
-
-
4 825
unemployment
-
-
-
130
income
-
-
-
35 925
total
-
-
-
44 629
Employee
21 258
-
233 104
-
health
978
-
1 500
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
23 311
-
total
5 204
-
28 032
-
Employer
21 258
-
233 104
-
health
1 467
-
2 249
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

2 343
-
3 592
-
unemployment
128
-
196
-
total
4 172
-
6 396
-
Corporate
214 071
239 500
-
-
income
21 407
23 950
-
-
total
21 407
23 950
-
-
Dividends
192 664
215 550
-
-
withholding
9 633
10 777
-
-
total
9 633
10 777
-
-
Income
239 500
239 500
239 500
239 500
Total tax
40 416
34 727
34 428
44 629
After tax
199 084
204 773
205 072
194 871
Living cost
16 054
16 054
16 054
16 054
Free-cash
183 030
188 719
189 018
178 817

Estimated living cost  is ₽16054 per week

₽10618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82066
₽87116
₽99320
₽110210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 374
trade
-
-
-
28 144
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.

-
-
-
4 531
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.

-
-
-
82 366
total
-
-
-
121 415
Employee

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

46 421
-
239 500
-
health

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

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

6 374
-
6 374
-
surtax

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

211
-
4 531
-
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.

3 817
-
82 366
-
total
10 402
-
93 271
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 079
239 500
-
-
trade
27 706
34 369
-
-
chamber of commerce
425
492
-
-
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.

1 593
1 976
-
-
income
28 962
35 925
-
-
total
58 686
72 762
-
-
Dividends
134 393
166 738
-
-
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.

1 829
2 273
-
-
withholding
33 244
41 330
-
-
total
35 073
43 603
-
-
Income
239 500
239 500
239 500
239 500
Total tax
104 161
116 365
93 271
121 415
After tax
135 339
123 135
146 229
118 085
Living cost
36 019
36 019
36 019
36 019
Free-cash
99 320
87 116
110 210
82 066

Estimated living cost  is ₽36019 per week

₽24847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64275
₽114504
₽116564
₽64275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 380
social contributions
-
-
-
41 699
total
-
-
-
122 079
Employee
72 979
-
239 500
-
social contributions
6 063
-
41 699
-
income
13 771
-
80 380
-
total
19 834
-
122 079
-
Employer
72 979
-
239 500
-
total
-
-
-
-
Corporate
166 521
239 500
-
-
income
20 816
29 937
-
-
total
20 816
29 937
-
-
Dividends
145 705
209 563
-
-
withholding
29 140
41 913
-
-
total
29 140
41 913
-
-
Income
239 500
239 500
239 500
239 500
Total tax
69 790
71 850
122 079
122 079
After tax
169 710
167 650
117 421
117 421
Living cost
53 146
53 146
53 146
53 146
Free-cash
116 564
114 504
64 275
64 275

Estimated living cost  is ₽53146 per week

₽40433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163896
₽116879
₽120140
₽131835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
239 500
income
-
-
-
35 925
health

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

-
-
-
5 812
total
-
-
-
41 737
Employee
42 799
-
235 208
-
social contributions
4 288
-
4 292
-
income
4 644
-
65 214
-
total
8 932
-
69 506
-
Employer
42 799
-
235 208
-
social contributions
4 288
-
4 292
-
total
4 288
-
4 292
-
Corporate
192 413
239 500
-
-
income
67 344
83 825
-
-
total
67 344
83 825
-
-
Dividends
125 069
155 675
-
-
social contributions
4 929
4 929
-
-
total
4 929
4 929
-
-
Income
239 500
239 500
239 500
239 500
Total tax
85 493
88 754
73 798
41 737
After tax
154 007
150 746
165 702
197 763
Living cost
33 867
33 867
33 867
33 867
Free-cash
120 140
116 879
131 835
163 896

Estimated living cost  is ₽33867 per week

₽22308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118588
₽114067
₽119575
₽97330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 881
income
-
-
-
76 486
total
-
-
-
86 367
Employee
47 418
-
208 517
-
health
619
-
2 729
-
pensions
3 619
-
11 599
-
income
8 635
-
62 314
-
total
12 873
-
76 642
-
Employer
47 418
-
208 517
-
health
901
-
3 961
-
pensions
4 791
-
27 022
-
total
5 692
-
30 983
-
Corporate
186 390
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.

35 413
45 505
-
-
total
35 413
45 505
-
-
Dividends
150 977
193 995
-
-
withholding
31 402
45 383
-
-
total
31 402
45 383
-
-
Income
239 500
239 500
239 500
239 500
Total tax
85 380
90 888
107 625
86 367
After tax
154 120
148 612
131 875
153 133
Living cost
34 545
34 545
34 545
34 545
Free-cash
119 575
114 067
97 330
118 588

Estimated living cost  is ₽34545 per week

₽23698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽141042
-₽3015
₽15962
₽110267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 052
accident
-
-
-
238
other
-
-
-
349
pensions
-
-
-
3 915
income
-
-
-
69 489
total
-
-
-
76 043
Employee
35 260
-
220 066
-
health
4 037
-
25 198
-
pensions
3 970
-
7 179
-
income
4 837
-
55 007
-
total
12 844
-
87 384
-
Employer
35 260
-
220 066
-
accident
589
-
3 675
-
pensions
5 733
-
10 367
-
unemployment
864
-
5 392
-
total
7 186
-
19 434
-
Corporate
197 054
239 500
-
-
income

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

177 349
215 550
-
-
total
177 349
215 550
-
-
Dividends
19 705
23 950
-
-
withholding
3 744
4 550
-
-
total
3 744
4 550
-
-
Income
239 500
239 500
239 500
239 500
Total tax
201 123
220 100
106 818
76 043
After tax
38 377
19 400
132 682
163 457
Living cost
22 415
22 415
22 415
22 415
Free-cash
15 962
-3 015
110 267
141 042

Estimated living cost  is ₽22415 per week

₽16450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1306
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.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145220
₽170610
₽167785
₽165744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health insurance
-
-
-
11 046
work injury
-
-
-
746
pensions
-
-
-
27 466
unemployment
-
-
-
1 791
income
-
-
-
40 623
total
-
-
-
81 672
Employee

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

20 172
-
239 500
-
pensions
3 712
-
13 733
-
work injury
101
-
373
-
unemployment
242
-
896
-
health insurance
1 493
-
5 523
-
income
2 017
-
40 623
-
total
7 565
-
61 148
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
219 328
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%.

21 933
23 950
-
-
total
21 933
23 950
-
-
Dividends
197 395
215 550
-
-
withholding
29 609
32 332
-
-
total
29 609
32 332
-
-
Income
239 500
239 500
239 500
239 500
Total tax
59 107
56 282
61 148
81 672
After tax
180 393
183 218
178 352
157 828
Living cost
12 608
12 608
12 608
12 608
Free-cash
167 785
170 610
165 744
145 220

Estimated living cost  is ₽12608 per week

₽7811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3488
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76980
₽88984
₽84741
₽69315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 109
municipal
-
-
-
1 735
social contributions
-
-
-
46 695
national
-
-
-
70 814
total
-
-
-
125 353
Employee
78 618
-
239 500
-
regional
1 187
-
5 626
-
national
13 286
-
64 570
-
social contributions
26 509
-
61 218
-
municipal
469
-
1 604
-
total
41 451
-
133 018
-
Employer
78 618
-
239 500
-
total
-
-
-
-
Corporate
160 882
239 500
-
-
nationa
38 612
57 481
-
-
municipal
7 755
11 544
-
-
total
46 367
69 025
-
-
Dividends
114 515
170 476
-
-
withholding
29 774
44 324
-
-
total
29 774
44 324
-
-
Income
239 500
239 500
239 500
239 500
Total tax
117 592
113 349
133 018
125 353
After tax
121 908
126 151
106 482
114 147
Living cost
37 167
37 167
37 167
37 167
Free-cash
84 741
88 984
69 315
76 980

Estimated living cost  is ₽37167 per week

₽26108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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