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
₽91850
₽117660
₽86907
₽102375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
239 500
income

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

-
-
-
82 002
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.

-
-
-
4 510
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.

-
-
-
6 502
trade
-
-
-
30 753
total
-
-
-
123 767
Employee

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

36 400
-
239 500
-
surtax

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

56
-
4 510
-
income

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

1 017
-
82 002
-
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.

6 502
-
6 502
-
total
7 575
-
93 014
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
203 100
239 500
-
-
income
30 465
35 925
-
-
surtax

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

1 676
1 976
-
-
chamber of commerce
437
489
-
-
trade
31 988
37 722
-
-
total
64 566
76 112
-
-
Dividends
138 533
163 388
-
-
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.

1 885
2 227
-
-
withholding
34 273
40 485
-
-
total
36 158
42 712
-
-
Income
239 500
239 500
239 500
239 500
Total tax
108 299
118 824
93 014
123 767
After tax
131 201
120 676
146 486
115 733
Living cost
28 826
28 826
28 826
28 826
Free-cash
102 375
91 850
117 660
86 907

Estimated living cost  is ₽28826 per week

₽18132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3361
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98486
₽85790
₽84504
₽97639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
social contributions
-
-
-
2 575
municipal
-
-
-
26 679
national
-
-
-
46 040
pensions
-
-
-
28 740
total
-
-
-
104 034
Employee
79 000
-
207 046
-
municipal
9 758
-
27 606
-
pensions
3 160
-
8 282
-
national
15 121
-
48 070
-
total
28 039
-
83 958
-
Employer
79 000
-
207 046
-
pensions
6 320
-
16 564
-
social contributions
849
-
2 226
-
total
7 169
-
18 790
-
Corporate
148 116
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%.

29 623
47 900
-
-
total
29 623
47 900
-
-
Dividends
118 493
191 600
-
-
withholding
26 068
42 152
-
-
total
26 068
42 152
-
-
Income
239 500
239 500
239 500
239 500
Total tax
90 899
90 052
102 748
104 034
After tax
148 601
149 448
136 752
135 466
Living cost
50 962
50 962
50 962
50 962
Free-cash
97 639
98 486
85 790
84 504

Estimated living cost  is ₽50962 per week

₽34638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171800
₽85665
₽69023
₽163996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
239 500
income
-
-
-
53 143
surtax
-
-
-
61 072
social contributions

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

-
-
-
36 463
microenterprise
-
-
-
-
total
-
-
-
150 678
Employee
27 809
-
191 150
-
surtax
-
-
27 717
-
social contributions

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

3 059
-
12 476
-
income
4 950
-
45 493
-
total
8 009
-
85 686
-
Employer
27 809
-
191 150
-
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.

6 698
-
27 323
-
surtax
-
-
21 027
-
total
6 698
-
48 350
-
Corporate
204 993
239 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

40 998
47 901
-
-
total
40 998
47 901
-
-
Dividends

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

163 995
191 599
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
55 705
47 901
134 036
150 678
After tax
183 795
191 599
105 464
88 822
Living cost
19 799
19 799
19 799
19 799
Free-cash
163 996
171 800
85 665
69 023

Estimated living cost  is ₽19799 per week

₽12631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1885
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.
₽4833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79778
₽113260
₽87356
₽73947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
89 391
health
-
-
-
11 735
pensions
-
-
-
11 150
total
-
-
-
112 276
Employee
81 270
81 270
221 814
-
pensions
14 629
11 150
11 150
-
income

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

13 303
13 303
45 801
-
health
12 474
10 610
11 735
-
total
40 406
35 063
68 686
-
Employer
81 270
81 270
221 814
-
health
5 649
5 649
7 020
-
pensions
5 656
5 656
7 031
-
unemployment
2 926
2 926
3 635
-
total
14 231
14 231
17 686
-
Corporate
144 995
143 999
-
-
income
28 999
28 800
-
-
total
28 999
28 800
-
-
Dividends
115 996
115 198
-
-
income
24 650
24 480
-
-
withholding
17 399
17 280
-
-
total
42 049
41 760
-
-
Income
239 500
239 500
239 500
239 500
Total tax
125 685
119 854
86 372
112 276
After tax
113 815
119 646
153 128
127 224
Living cost
39 868
39 868
39 868
39 868
Free-cash
73 947
79 778
113 260
87 356

Estimated living cost  is ₽39868 per week

₽28253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91845
₽78941
₽79885
₽90971
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
171
other
-
-
-
9 912
unemployment
-
-
-
85
health
-
-
-
5 323
municipal
-
-
-
64 050
national
-
-
-
31 931
pensions
-
-
-
9 221
total
-
-
-
120 693
Employee
55 460
-
212 698
-
municipal
16 538
-
63 426
-
national
-
-
31 409
-
total
16 538
-
94 835
-
Employer
55 460
-
212 698
-
health
3 411
-
5 246
-
pensions
5 995
-
9 221
-
accident
111
-
171
-
unemployment
1 464
-
2 252
-
other
6 445
-
9 912
-
total
17 426
-
26 802
-
Corporate
166 614
239 500
-
-
income
36 655
52 690
-
-
total
36 655
52 690
-
-
Dividends
129 959
186 810
-
-
withholding
38 988
56 043
-
-
total
38 988
56 043
-
-
Income
239 500
239 500
239 500
239 500
Total tax
109 607
108 733
121 637
120 693
After tax
129 893
130 767
117 863
118 807
Living cost
38 922
38 922
38 922
38 922
Free-cash
90 971
91 845
78 941
79 885

Estimated living cost  is ₽38922 per week

₽25796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82058
₽109100
₽76980
₽95429
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
239 500
income

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

-
-
-
82 002
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.

-
-
-
4 510
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.

-
-
-
6 502
trade
-
-
-
32 120
total
-
-
-
125 134
Employee

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

48 262
-
239 500
-
surtax

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

228
-
4 510
-
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.

4 147
-
82 002
-
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.

6 502
-
6 502
-
total
10 877
-
93 014
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 238
239 500
-
-
income
28 687
35 925
-
-
surtax

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

1 578
1 976
-
-
chamber of commerce
417
486
-
-
trade
31 459
39 398
-
-
total
62 141
77 785
-
-
Dividends
129 097
161 715
-
-
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.

1 755
2 203
-
-
withholding
31 912
40 068
-
-
total
33 667
42 271
-
-
Income
239 500
239 500
239 500
239 500
Total tax
106 685
120 056
93 014
125 134
After tax
132 815
119 444
146 486
114 366
Living cost
37 386
37 386
37 386
37 386
Free-cash
95 429
82 058
109 100
76 980

Estimated living cost  is ₽37386 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143615
₽127320
₽129231
₽139667
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 895
social contributions
-
-
-
15 398
health
-
-
-
6 108
total
-
-
-
79 401
Employee
73 180
73 180
227 107
-
social contributions
3 556
6 074
8 192
-
income
7 685
6 774
56 866
-
health
728
1 244
3 861
-
total
11 969
14 092
68 919
-
Employer
73 180
73 180
227 107
-
health
793
1 355
4 201
-
social contributions
3 556
6 074
8 192
-
total
4 349
7 429
12 393
-
Corporate
192 315
158 892
-
-
income
24 040
19 861
-
-
total
24 040
19 861
-
-
Dividends
168 275
139 031
-
-
withholding
28 607
23 635
-
-
total
28 607
23 635
-
-
Income
239 500
239 500
239 500
239 500
Total tax
68 965
65 017
81 312
79 401
After tax
170 535
174 483
158 188
160 099
Living cost
30 868
30 868
30 868
30 868
Free-cash
139 667
143 615
127 320
129 231

Estimated living cost  is ₽30868 per week

₽21101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117011
₽121462
₽148535
₽117373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 086
9 984
200 418
-
unemployment
376
150
3 006
-
pensions
2 509
998
20 042
-
income
3 067
1 221
24 501
-
health
1 756
699
14 029
-
total
7 708
3 068
61 578
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 086
9 984
200 418
-
pensions
4 892
1 947
39 082
-
total
4 892
1 947
39 082
-
Corporate
209 522
227 569
-
-
income
18 857
20 481
-
-
total
18 857
20 481
-
-
Dividends
190 665
207 088
-
-
social contributions
37 066
40 268
-
-
withholding
36 226
39 347
-
-
total
73 292
79 615
-
-
Income
239 500
239 500
239 500
239 500
Total tax
104 749
105 111
100 660
73 587
After tax
134 751
134 389
138 840
165 913
Living cost
17 378
17 378
17 378
17 378
Free-cash
117 373
117 011
121 462
148 535

Estimated living cost  is ₽17378 per week

₽11859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168612
₽115058
₽105383
₽162700
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
32 093
health
-
-
-
31 136
pensions
-
-
-
47 901
total
-
-
-
111 130
Employee
26 998
-
178 997
-
unemployment
432
-
2 864
-
pensions
540
-
3 579
-
income
3 040
-
34 511
-
total
4 012
-
40 954
-
Employer
26 998
-
178 997
-
health
3 509
-
23 270
-
pensions
5 400
-
35 799
-
unemployment
217
-
1 432
-
total
9 126
-
60 501
-
Corporate
203 376
239 500
-
-
income
40 675
47 901
-
-
total
40 675
47 901
-
-
Dividends
162 702
191 599
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
53 813
47 901
101 455
111 130
After tax
185 687
191 599
138 045
128 370
Living cost
22 987
22 987
22 987
22 987
Free-cash
162 700
168 612
115 058
105 383

Estimated living cost  is ₽22987 per week

₽15766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1369
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.
₽5389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1764
₽111389
₽142305
₽16153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
income
-
-
-
69 330
other
-
-
-
357
health
-
-
-
2 098
pensions
-
-
-
4 003
total
-
-
-
76 031
Employee
33 292
-
219 844
-
pensions
3 749
-
7 339
-
income
4 567
-
54 780
-
health
3 812
-
25 172
-
total
12 128
-
87 291
-
Employer
33 292
-
219 844
-
pensions
5 413
-
10 598
-
accident
556
-
3 672
-
unemployment
816
-
5 386
-
total
6 785
-
19 656
-
Corporate
199 423
239 500
-
-
income

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

179 481
215 550
-
-
total
179 481
215 550
-
-
Dividends
19 942
23 950
-
-
withholding
3 789
4 550
-
-
total
3 789
4 550
-
-
Income
239 500
239 500
239 500
239 500
Total tax
202 183
220 100
106 947
76 031
After tax
37 317
19 400
132 553
163 469
Living cost
21 164
21 164
21 164
21 164
Free-cash
16 153
-1 764
111 389
142 305

Estimated living cost  is ₽21164 per week

₽15511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽219690
₽183765
₽229270
₽218222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 794
-
239 500
-
income
1 958
-
47 900
-
total
1 958
-
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%.

229 706
239 500
-
-
total
-
-
-
-
Dividends
229 706
239 500
-
-
withholding
11 485
11 975
-
-
total
11 485
11 975
-
-
Income
239 500
239 500
239 500
239 500
Total tax
13 443
11 975
47 900
2 395
After tax
226 057
227 525
191 600
237 105
Living cost
7 835
7 835
7 835
7 835
Free-cash
218 222
219 690
183 765
229 270

Estimated living cost  is ₽7835 per week

₽4856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150603
₽120393
₽122313
₽144176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
43 853
other
-
-
-
6 874
health
-
-
-
6 368
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.

-
-
-
34 733
total
-
-
-
91 828
Employee
34 555
-
202 569
-
unemployment
345
-
1 447
-
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.

2 418
-
10 130
-
income
5 949
-
43 214
-
health
484
-
2 026
-
total
9 196
-
56 817
-
Employer
34 555
-
202 569
-
health
484
-
2 026
-
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.

5 875
-
24 603
-
accident
276
-
1 620
-
unemployment
345
-
1 447
-
other
1 728
-
7 235
-
total
8 708
-
36 931
-
Corporate
196 237
239 500
-
-
income
41 209
50 295
-
-
total
41 209
50 295
-
-
Dividends
155 027
189 205
-
-
withholding
10 852
13 243
-
-
total
10 852
13 243
-
-
Income
239 500
239 500
239 500
239 500
Total tax
69 965
63 538
93 748
91 828
After tax
169 535
175 962
145 752
147 672
Living cost
25 359
25 359
25 359
25 359
Free-cash
144 176
150 603
120 393
122 313

Estimated living cost  is ₽25359 per week

₽17917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5320
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85703
₽68864
₽90137
₽93311
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
76 209
pensions
-
-
-
9 962
total
-
-
-
86 171
Employee
89 407
-
208 540
-
pensions
8 625
-
11 720
-
income
16 117
-
62 025
-
health
1 473
-
2 739
-
total
26 215
-
76 484
-
Employer
89 407
-
208 540
-
health
1 698
-
3 962
-
pensions
10 556
-
26 998
-
total
12 254
-
30 960
-
Corporate
137 839
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.

26 190
45 505
-
-
total
26 190
45 505
-
-
Dividends
111 649
193 995
-
-
withholding
18 338
45 100
-
-
total
18 338
45 100
-
-
Income
239 500
239 500
239 500
239 500
Total tax
82 997
90 605
107 444
86 171
After tax
156 503
148 895
132 056
153 329
Living cost
63 192
63 192
63 192
63 192
Free-cash
93 311
85 703
68 864
90 137

Estimated living cost  is ₽63192 per week

₽47351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽192297
₽192392
₽182225
₽187876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
35 925
unemployment
-
-
-
133
health
-
-
-
3 822
pensions

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

-
-
-
4 919
total
-
-
-
44 799
Employee
16 520
-
232 979
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
pensions

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

1 450
-
2 918
-
income
1 652
-
23 298
-
health
760
-
1 529
-
total
4 044
-
28 111
-
Employer
16 520
-
232 979
-
health
1 140
-
2 293
-
pensions

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

1 821
-
3 663
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
unemployment
99
-
199
-
total
3 242
-
6 521
-
Corporate
219 738
239 500
-
-
income
21 974
23 950
-
-
total
21 974
23 950
-
-
Dividends
197 764
215 550
-
-
withholding
9 888
10 777
-
-
total
9 888
10 777
-
-
Income
239 500
239 500
239 500
239 500
Total tax
39 148
34 727
34 632
44 799
After tax
200 352
204 773
204 868
194 701
Living cost
12 476
12 476
12 476
12 476
Free-cash
187 876
192 297
192 392
182 225

Estimated living cost  is ₽12476 per week

₽7284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66874
₽100356
₽74452
₽69268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
89 391
health
-
-
-
11 735
pensions
-
-
-
11 150
total
-
-
-
112 276
Employee
88 233
81 270
221 814
-
pensions
11 150
11 150
11 150
-
income

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

13 303
13 303
45 801
-
health
11 008
10 610
11 735
-
total
35 461
35 063
68 686
-
Employer
88 233
81 270
221 814
-
health
6 131
5 649
7 020
-
pensions
6 140
5 656
7 031
-
unemployment
3 177
2 926
3 635
-
total
15 448
14 231
17 686
-
Corporate
135 818
143 999
-
-
income
27 164
28 800
-
-
total
27 164
28 800
-
-
Dividends
108 654
115 198
-
-
income
23 090
24 480
-
-
withholding
16 297
17 280
-
-
total
39 387
41 760
-
-
Income
239 500
239 500
239 500
239 500
Total tax
117 460
119 854
86 372
112 276
After tax
122 040
119 646
153 128
127 224
Living cost
52 772
52 772
52 772
52 772
Free-cash
69 268
66 874
100 356
74 452

Estimated living cost  is ₽52772 per week

₽38928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141246
₽108813
₽119555
₽132808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
25 970
social contributions
-
-
-
34 031
solidarity contribution
-
-
-
3 961
health
-
-
-
32 333
total
-
-
-
96 295
Employee
34 779
-
192 994
-
solidarity contribution
-
-
2 997
-
social contributions
2 261
-
7 575
-
income
4 174
-
23 905
-
health
4 695
-
26 054
-
total
11 130
-
60 531
-
Employer
34 779
-
192 994
-
health
3 130
-
17 369
-
social contributions
8 695
-
29 137
-
total
11 825
-
46 506
-
Corporate
192 896
239 500
-
-
income
36 650
45 505
-
-
total
36 650
45 505
-
-
Dividends
156 245
193 995
-
-
withholding
23 437
29 099
-
-
total
23 437
29 099
-
-
Income
239 500
239 500
239 500
239 500
Total tax
83 042
74 604
107 037
96 295
After tax
156 458
164 896
132 463
143 205
Living cost
23 650
23 650
23 650
23 650
Free-cash
132 808
141 246
108 813
119 555

Estimated living cost  is ₽23650 per week

₽16428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87624
₽68789
₽76856
₽82657
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 632
regional
-
-
-
3 150
municipal
-
-
-
1 535
national
-
-
-
70 169
total
-
-
-
122 486
Employee
84 580
-
239 500
-
municipal
448
-
1 416
-
national
14 656
-
63 799
-
regional
798
-
2 892
-
social contributions
28 520
-
62 446
-
total
44 422
-
130 553
-
Employer
84 580
-
239 500
-
total
-
-
-
-
Corporate
154 920
239 500
-
-
municipal
6 041
9 341
-
-
nationa
37 180
57 480
-
-
total
43 221
66 821
-
-
Dividends
111 699
172 680
-
-
withholding
29 042
44 897
-
-
total
29 042
44 897
-
-
Income
239 500
239 500
239 500
239 500
Total tax
116 685
111 718
130 553
122 486
After tax
122 815
127 782
108 947
117 014
Living cost
40 158
40 158
40 158
40 158
Free-cash
82 657
87 624
68 789
76 856

Estimated living cost  is ₽40158 per week

₽27993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8914
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129646
₽85565
₽91386
₽126682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
78 823
other
-
-
-
-
surtax
-
-
-
13 653
unemployment
-
-
-
217
health
-
-
-
9 017
pensions
-
-
-
25 403
total
-
-
-
127 113
Employee
31 472
-
212 764
-
other
-
-
-
-
unemployment
2 191
-
8 840
-
pensions
2 099
-
8 472
-
surtax
103
-
12 516
-
income
5 275
-
73 132
-
health
804
-
3 238
-
total
10 472
-
106 198
-
Employer
31 472
-
212 764
-
health
1 432
-
5 779
-
pensions
4 195
-
16 931
-
unemployment
997
-
4 026
-
other
-
-
-
-
total
6 624
-
26 736
-
Corporate
201 404
239 500
-
-
income
52 365
62 269
-
-
total
52 365
62 269
-
-
Dividends
149 039
177 231
-
-
withholding
22 357
26 584
-
-
total
22 357
26 584
-
-
Income
239 500
239 500
239 500
239 500
Total tax
91 818
88 853
132 934
127 113
After tax
147 682
150 647
106 566
112 387
Living cost
21 000
21 000
21 000
21 000
Free-cash
126 682
129 646
85 565
91 386

Estimated living cost  is ₽21000 per week

₽12841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105724
₽88885
₽110158
₽111964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
76 209
pensions
-
-
-
9 962
total
-
-
-
86 171
Employee
59 918
-
208 540
-
pensions
5 086
-
11 720
-
income
10 792
-
62 025
-
health
870
-
2 739
-
total
16 748
-
76 484
-
Employer
59 918
-
208 540
-
health
1 138
-
3 962
-
pensions
6 486
-
26 998
-
total
7 624
-
30 960
-
Corporate
171 958
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.

32 672
45 505
-
-
total
32 672
45 505
-
-
Dividends
139 285
193 995
-
-
withholding
27 321
45 100
-
-
total
27 321
45 100
-
-
Income
239 500
239 500
239 500
239 500
Total tax
84 365
90 605
107 444
86 171
After tax
155 135
148 895
132 056
153 329
Living cost
43 171
43 171
43 171
43 171
Free-cash
111 964
105 724
88 885
110 158

Estimated living cost  is ₽43171 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽33957
₽105428
₽113117
₽66288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
other

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

-
-
-
4 790
regional
-
-
-
13 919
health
-
-
-
540
city
-
-
-
2 525
national
-
-
-
7 015
pensions
-
-
-
22 034
total
-
-
-
50 823
Employee
88 425
-
215 991
-
unemployment
-
-
-
-
pensions
7 429
-
16 329
-
national
419
-
5 757
-
regional
2 895
-
12 465
-
city
949
-
2 342
-
health
200
-
485
-
total
11 892
-
37 378
-
Employer
88 425
-
215 991
-
health
200
-
485
-
pensions
7 429
-
16 329
-
unemployment
-
-
-
-
other

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

1 768
-
4 320
-
total
9 397
-
21 134
-
Corporate
140 706
239 500
-
-
regional
29 758
50 654
-
-
national
11 960
20 358
-
-
total
41 718
71 012
-
-
Dividends
98 987
168 489
-
-
withholding
34 645
58 971
-
-
total
34 645
58 971
-
-
Income
239 500
239 500
239 500
239 500
Total tax
97 652
129 983
58 512
50 823
After tax
141 848
109 517
180 988
188 677
Living cost
75 560
75 560
75 560
75 560
Free-cash
66 288
33 957
105 428
113 117

Estimated living cost  is ₽75560 per week

₽49136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽74617
₽102889
₽69404
₽90047
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
239 500
income

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

-
-
-
82 002
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.

-
-
-
4 510
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.

-
-
-
6 502
trade
-
-
-
33 485
total
-
-
-
126 499
Employee

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

57 195
-
239 500
-
surtax

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

370
-
4 510
-
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.

6 726
-
82 002
-
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.

6 502
-
6 502
-
total
13 598
-
93 014
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 305
239 500
-
-
income
27 347
35 925
-
-
surtax

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

1 504
1 976
-
-
chamber of commerce
401
482
-
-
trade
31 266
41 074
-
-
total
60 518
79 457
-
-
Dividends
121 788
160 043
-
-
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.

1 654
2 180
-
-
withholding
30 086
39 649
-
-
total
31 740
41 829
-
-
Income
239 500
239 500
239 500
239 500
Total tax
105 856
121 286
93 014
126 499
After tax
133 644
118 214
146 486
113 001
Living cost
43 597
43 597
43 597
43 597
Free-cash
90 047
74 617
102 889
69 404

Estimated living cost  is ₽43597 per week

₽31842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88148
₽87667
₽96298
₽93769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
48 169
other
-
-
-
7 424
surtax
-
-
-
-
social contributions
-
-
-
6 823
health
-
-
-
12 369
pensions
-
-
-
35 857
total
-
-
-
110 642
Employee
40 731
-
181 572
-
pensions
4 605
-
14 195
-
surtax
-
-
-
-
social contributions
1 161
-
5 174
-
income
2 404
-
41 976
-
total
8 170
-
61 345
-
Employer
40 731
-
181 572
-
health
2 852
-
18 659
-
pensions
6 691
-
23 618
-
unemployment
1 649
-
7 354
-
social contributions
123
-
545
-
other
1 405
-
7 752
-
total
12 720
-
57 928
-
Corporate
186 050
239 500
-
-
income
52 094
67 061
-
-
surtax
-
-
-
-
total
52 094
67 061
-
-
Dividends
133 955
172 439
-
-
surtax
-
-
-
-
social contributions
23 041
29 658
-
-
withholding
17 146
22 073
-
-
total
40 187
51 731
-
-
Income
239 500
239 500
239 500
239 500
Total tax
113 171
118 792
119 273
110 642
After tax
126 329
120 708
120 227
128 858
Living cost
32 560
32 560
32 560
32 560
Free-cash
93 769
88 148
87 667
96 298

Estimated living cost  is ₽32560 per week

₽20531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91374
₽90893
₽99524
₽96662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
48 169
other
-
-
-
7 424
surtax
-
-
-
-
social contributions
-
-
-
6 823
health
-
-
-
12 369
pensions
-
-
-
35 857
total
-
-
-
110 642
Employee
36 358
-
181 572
-
pensions
4 112
-
14 195
-
surtax
-
-
-
-
social contributions
1 037
-
5 174
-
income
1 875
-
41 976
-
total
7 024
-
61 345
-
Employer
36 358
-
181 572
-
health
2 545
-
18 659
-
pensions
5 974
-
23 618
-
unemployment
1 472
-
7 354
-
social contributions
108
-
545
-
other
1 255
-
7 752
-
total
11 354
-
57 928
-
Corporate
191 788
239 500
-
-
income
53 700
67 061
-
-
surtax
-
-
-
-
total
53 700
67 061
-
-
Dividends
138 088
172 439
-
-
surtax
-
-
-
-
social contributions
23 751
29 658
-
-
withholding
17 675
22 073
-
-
total
41 426
51 731
-
-
Income
239 500
239 500
239 500
239 500
Total tax
113 504
118 792
119 273
110 642
After tax
125 996
120 708
120 227
128 858
Living cost
29 334
29 334
29 334
29 334
Free-cash
96 662
91 374
90 893
99 524

Estimated living cost  is ₽29334 per week

₽17013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2980
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.
₽8786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125935
₽126576
₽133627
₽126431
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
35 925
social contributions
-
-
-
33 052
health
-
-
-
16 716
total
-
-
-
85 693
Employee
32 268
-
239 500
-
social contributions
4 454
-
33 052
-
income
5 382
-
42 976
-
health
2 252
-
16 716
-
total
12 088
-
92 744
-
Employer
32 268
-
239 500
-
total
-
-
-
-
Corporate
207 232
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%.

10 361
11 976
-
-
total
10 361
11 976
-
-
Dividends
196 871
227 524
-
-
social contributions
27 168
31 399
-
-
withholding
29 530
34 128
-
-
health
13 742
15 882
-
-
total
70 440
81 409
-
-
Income
239 500
239 500
239 500
239 500
Total tax
92 889
93 385
92 744
85 693
After tax
146 611
146 115
146 756
153 807
Living cost
20 180
20 180
20 180
20 180
Free-cash
126 431
125 935
126 576
133 627

Estimated living cost  is ₽20180 per week

₽13505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98295
₽28623
₽88746
₽96821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
81 165
surtax
-
-
-
188
unemployment
-
-
-
5 837
chamber of commerce
-
-
-
957
health
-
-
-
8 504
pensions
-
-
-
20 569
total
-
-
-
117 220
Employee
47 561
37 926
200 774
-
other
475
379
1 112
-
unemployment
1 427
1 138
3 336
-
pensions
4 871
3 883
11 385
-
income
5 414
2 797
69 190
-
health
1 840
1 468
4 302
-
total
14 027
9 665
89 325
-
Employer
47 561
37 926
200 774
-
chamber of commerce
190
152
804
-
health
1 797
1 434
4 203
-
pensions
5 969
4 761
13 953
-
accident
618
493
1 445
-
unemployment
1 427
1 138
3 336
-
surtax
188
188
188
-
payroll
1 427
1 138
6 023
-
other
2 259
1 801
8 775
-
total
13 875
11 105
38 727
-
Corporate
178 065
190 471
197 162
-
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.

44 516
47 617
49 291
-
total
44 516
47 617
49 291
-
Dividends
133 549
142 854
-
-
withholding
36 727
39 284
-
-
total
36 727
39 284
-
-
Income
239 500
239 500
239 500
239 500
Total tax
109 145
107 671
177 343
117 220
After tax
130 355
131 829
62 157
122 280
Living cost
33 534
33 534
33 534
33 534
Free-cash
96 821
98 295
28 623
88 746

Estimated living cost  is ₽33534 per week

₽22366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95311
₽45608
₽69596
₽84821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
communal

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

-
-
-
12 947
social contributions
-
-
-
23 727
national
-
-
-
98 530
total
-
-
-
135 204
Employee

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

68 075
-
185 500
-
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.

592
-
1 615
-
communal

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

3 551
-
9 675
-
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.

5 106
-
13 912
-
national
20 929
-
71 272
-
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.

3 198
-
8 718
-
total
33 376
-
105 192
-
Employer

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

68 075
-
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.

4 186
-
11 409
-
pensions

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

6 032
-
16 435
-
accident

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

885
-
2 411
-
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.

993
-
2 709
-
surtax
7 719
-
21 036
-
total
19 815
-
54 000
-
Corporate
151 610
239 500
-
-
income
30 323
53 201
-
-
surtax
607
1 064
-
-
total
30 930
54 265
-
-
Dividends
120 680
185 235
-
-
withholding

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

35 858
55 224
-
-
total
35 858
55 224
-
-
Income
239 500
239 500
239 500
239 500
Total tax
119 979
109 489
159 192
135 204
After tax
119 521
130 011
80 308
104 296
Living cost
34 700
34 700
34 700
34 700
Free-cash
84 821
95 311
45 608
69 596

Estimated living cost  is ₽34700 per week

₽22351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
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.
₽8772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽124406
₽95241
₽99233
₽117888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
795
income
-
-
-
79 434
other
-
-
-
88
unemployment
-
-
-
618
pensions
-
-
-
24 963
total
-
-
-
105 898
Employee
47 373
-
211 379
-
other
47
-
88
-
unemployment
735
-
1 367
-
pensions
2 227
-
4 147
-
income
9 995
-
76 167
-
total
13 004
-
81 769
-
Employer
47 373
-
211 379
-
pensions
11 179
-
20 818
-
accident
937
-
1 746
-
unemployment
2 606
-
4 851
-
other
377
-
706
-
total
15 099
-
28 121
-
Corporate
177 027
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.

26 554
35 925
-
-
total
26 554
35 925
-
-
Dividends
150 474
203 575
-
-
withholding
32 586
44 800
-
-
total
32 586
44 800
-
-
Income
239 500
239 500
239 500
239 500
Total tax
87 243
80 725
109 890
105 898
After tax
152 257
158 775
129 610
133 602
Living cost
34 369
34 369
34 369
34 369
Free-cash
117 888
124 406
95 241
99 233

Estimated living cost  is ₽34369 per week

₽25309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81685
₽68126
₽60364
₽68597
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
communal
-
-
-
15 136
accident
-
-
-
1 902
income
-
-
-
48 624
surtax
-
-
-
12 097
health
-
-
-
15 848
pensions
-
-
-
33 810
total
-
-
-
127 417
Employee
72 070
-
213 934
-
pensions
5 765
-
17 115
-
surtax
4 417
-
13 112
-
income
6 961
-
54 344
-
health
3 207
-
9 519
-
total
20 350
-
94 090
-
Employer
72 070
-
213 934
-
health
2 198
-
6 525
-
pensions
5 765
-
17 115
-
accident
648
-
1 925
-
total
8 611
-
25 565
-
Corporate
158 819
239 500
-
-
communal
10 720
16 166
-
-
income
23 823
35 925
-
-
surtax
1 667
2 514
-
-
total
36 210
54 605
-
-
Dividends
122 608
184 895
-
-
income
35 622
23 756
-
-
withholding
18 391
27 735
-
-
total
54 013
51 491
-
-
Income
239 500
239 500
239 500
239 500
Total tax
119 184
106 096
119 655
127 417
After tax
120 316
133 404
119 845
112 083
Living cost
51 719
51 719
51 719
51 719
Free-cash
68 597
81 685
68 126
60 364

Estimated living cost  is ₽51719 per week

₽38797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
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.
₽9240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129271
₽85190
₽91011
₽126242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
78 823
other
-
-
-
-
surtax
-
-
-
13 653
unemployment
-
-
-
217
health
-
-
-
9 017
pensions
-
-
-
25 403
total
-
-
-
127 113
Employee
32 049
-
212 764
-
other
-
-
-
-
unemployment
2 230
-
8 840
-
pensions
2 138
-
8 472
-
surtax
114
-
12 516
-
income
5 373
-
73 132
-
health
818
-
3 238
-
total
10 673
-
106 198
-
Employer
32 049
-
212 764
-
health
1 457
-
5 779
-
pensions
4 273
-
16 931
-
unemployment
1 017
-
4 026
-
other
-
-
-
-
total
6 747
-
26 736
-
Corporate
200 703
239 500
-
-
income
52 183
62 269
-
-
total
52 183
62 269
-
-
Dividends
148 521
177 231
-
-
withholding
22 279
26 584
-
-
total
22 279
26 584
-
-
Income
239 500
239 500
239 500
239 500
Total tax
91 882
88 853
132 934
127 113
After tax
147 618
150 647
106 566
112 387
Living cost
21 376
21 376
21 376
21 376
Free-cash
126 242
129 271
85 190
91 011

Estimated living cost  is ₽21376 per week

₽12906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100250
₽82608
₽90633
₽98137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 632
regional
-
-
-
3 895
municipal
-
-
-
1 535
national
-
-
-
70 169
total
-
-
-
123 231
Employee
52 791
-
239 500
-
municipal
280
-
1 416
-
national
8 364
-
63 799
-
regional
711
-
3 595
-
social contributions
17 802
-
62 446
-
total
27 157
-
131 256
-
Employer
52 791
-
239 500
-
total
-
-
-
-
Corporate
186 709
239 500
-
-
municipal
9 279
11 903
-
-
nationa
44 811
57 480
-
-
total
54 090
69 383
-
-
Dividends
132 619
170 117
-
-
withholding
34 480
44 231
-
-
total
34 480
44 231
-
-
Income
239 500
239 500
239 500
239 500
Total tax
115 727
113 614
131 256
123 231
After tax
123 773
125 886
108 244
116 269
Living cost
25 636
25 636
25 636
25 636
Free-cash
98 137
100 250
82 608
90 633

Estimated living cost  is ₽25636 per week

₽15943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135753
₽103320
₽114062
₽125355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
25 970
social contributions
-
-
-
34 031
solidarity contribution
-
-
-
3 961
health
-
-
-
32 333
total
-
-
-
96 295
Employee
42 857
-
192 994
-
solidarity contribution
-
-
2 997
-
social contributions
2 786
-
7 575
-
income
5 143
-
23 905
-
health
5 786
-
26 054
-
total
13 715
-
60 531
-
Employer
42 857
-
192 994
-
health
3 857
-
17 369
-
social contributions
10 714
-
29 137
-
total
14 571
-
46 506
-
Corporate
182 071
239 500
-
-
income
34 594
45 505
-
-
total
34 594
45 505
-
-
Dividends
147 478
193 995
-
-
withholding
22 122
29 099
-
-
total
22 122
29 099
-
-
Income
239 500
239 500
239 500
239 500
Total tax
85 002
74 604
107 037
96 295
After tax
154 498
164 896
132 463
143 205
Living cost
29 143
29 143
29 143
29 143
Free-cash
125 355
135 753
103 320
114 062

Estimated living cost  is ₽29143 per week

₽21673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101568
₽31840
₽92106
₽101100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
81 165
surtax
-
-
-
-
unemployment
-
-
-
5 837
chamber of commerce
-
-
-
957
health
-
-
-
8 504
pensions
-
-
-
20 569
total
-
-
-
117 032
Employee
41 601
37 926
200 951
-
other
415
379
1 112
-
unemployment
1 248
1 138
3 336
-
pensions
4 260
3 883
11 385
-
income
3 706
2 797
69 278
-
health
1 609
1 468
4 302
-
total
11 238
9 665
89 413
-
Employer
41 601
37 926
200 951
-
chamber of commerce
166
152
804
-
health
1 573
1 434
4 203
-
pensions
5 221
4 761
13 953
-
accident
540
493
1 445
-
unemployment
1 248
1 138
3 336
-
surtax
-
-
-
-
payroll
1 248
1 138
6 028
-
other
1 976
1 801
8 781
-
total
11 972
10 917
38 550
-
Corporate
185 927
190 658
197 339
-
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.

46 481
47 664
49 335
-
total
46 481
47 664
49 335
-
Dividends
139 446
142 994
-
-
withholding
38 347
39 324
-
-
total
38 347
39 324
-
-
Income
239 500
239 500
239 500
239 500
Total tax
108 038
107 570
177 298
117 032
After tax
131 462
131 930
62 202
122 468
Living cost
30 362
30 362
30 362
30 362
Free-cash
101 100
101 568
31 840
92 106

Estimated living cost  is ₽30362 per week

₽18214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
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.
₽8506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽215315
₽179390
₽224895
₽213025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 262
-
239 500
-
income
3 053
-
47 900
-
total
3 053
-
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%.

224 238
239 500
-
-
total
-
-
-
-
Dividends
224 238
239 500
-
-
withholding
11 212
11 975
-
-
total
11 212
11 975
-
-
Income
239 500
239 500
239 500
239 500
Total tax
14 265
11 975
47 900
2 395
After tax
225 235
227 525
191 600
237 105
Living cost
12 210
12 210
12 210
12 210
Free-cash
213 025
215 315
179 390
224 895

Estimated living cost  is ₽12210 per week

₽8262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139370
₽77784
₽82985
₽131410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
239 500
income
-
-
-
63 325
unemployment
-
-
-
359
health
-
-
-
23 567
pensions
-
-
-
43 738
total
-
-
-
130 989
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.

42 084
-
207 234
-
unemployment
60
-
291
-
pensions
6 523
-
32 122
-
income
7 257
-
58 123
-
health
2 718
-
13 388
-
total
16 558
-
103 924
-
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.

42 084
-
207 234
-
health
2 803
-
13 801
-
pensions
3 724
-
18 340
-
unemployment
25
-
125
-
total
6 552
-
32 266
-
Corporate
190 864
239 500
-
-
income
36 265
45 506
-
-
total
36 265
45 506
-
-
Dividends
154 599
193 994
-
-
withholding
23 189
29 098
-
-
total
23 189
29 098
-
-
Income
239 500
239 500
239 500
239 500
Total tax
82 564
74 604
136 190
130 989
After tax
156 936
164 896
103 310
108 511
Living cost
25 526
25 526
25 526
25 526
Free-cash
131 410
139 370
77 784
82 985

Estimated living cost  is ₽25526 per week

₽17518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104331
₽185503
₽124133
₽58714
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
46 683
social contributions
-
-
-
27 303
total
-
-
-
73 986
Employee
59 334
-
-
-
social contributions
4 865
-
693
-
income
13 088
-
-
-
total
17 953
-
693
-
Employer
59 334
-
-
-
social contributions
83 661
-
11 923
-
total
83 661
-
11 923
-
Corporate
96 504
239 500
-
-
income
21 231
52 690
-
-
total
21 231
52 690
-
-
Dividends
75 273
186 810
-
-
income
16 560
41 098
-
-
total
16 560
41 098
-
-
Income
239 500
239 500
239 500
239 500
Total tax
139 405
93 788
12 616
73 986
After tax
100 095
145 712
226 884
165 514
Living cost
41 381
41 381
41 381
41 381
Free-cash
58 714
104 331
185 503
124 133

Estimated living cost  is ₽41381 per week

₽26850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106377
₽74150
₽93802
₽105420
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
239 500
income
-
-
-
32 621
surtax
-
-
-
-
social contributions

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

-
-
-
83 226
total
-
-
-
115 847
Employee
43 770
-
193 535
-
surtax
-
-
694
-
social contributions
4 815
-
21 289
-
income
9 104
-
67 551
-
total
13 919
-
89 534
-
Employer
43 770
-
193 535
-
social contributions
10 395
-
45 965
-
total
10 395
-
45 965
-
Corporate
185 334
239 500
-
-
income
38 919
50 295
-
-
surtax
-
-
-
-
total
38 919
50 295
-
-
Dividends
146 415
189 205
-
-
withholding
40 996
52 977
-
-
total
40 996
52 977
-
-
Income
239 500
239 500
239 500
239 500
Total tax
104 229
103 272
135 499
115 847
After tax
135 271
136 228
104 001
123 653
Living cost
29 851
29 851
29 851
29 851
Free-cash
105 420
106 377
74 150
93 802

Estimated living cost  is ₽29851 per week

₽22335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74743
₽74262
₽82893
₽81286
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
48 169
other
-
-
-
7 424
surtax
-
-
-
-
social contributions
-
-
-
6 823
health
-
-
-
12 369
pensions
-
-
-
35 857
total
-
-
-
110 642
Employee
59 606
-
181 572
-
pensions
6 742
-
14 195
-
surtax
-
-
-
-
social contributions
1 698
-
5 174
-
income
5 201
-
41 976
-
total
13 641
-
61 345
-
Employer
59 606
-
181 572
-
health
4 172
-
18 659
-
pensions
9 794
-
23 618
-
unemployment
2 415
-
7 354
-
social contributions
179
-
545
-
other
2 057
-
7 752
-
total
18 617
-
57 928
-
Corporate
161 278
239 500
-
-
income
45 157
67 061
-
-
surtax
-
-
-
-
total
45 157
67 061
-
-
Dividends
116 120
172 439
-
-
surtax
-
-
-
-
social contributions
19 971
29 658
-
-
withholding
14 863
22 073
-
-
total
34 834
51 731
-
-
Income
239 500
239 500
239 500
239 500
Total tax
112 249
118 792
119 273
110 642
After tax
127 251
120 708
120 227
128 858
Living cost
45 965
45 965
45 965
45 965
Free-cash
81 286
74 743
74 262
82 893

Estimated living cost  is ₽45965 per week

₽31108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽186944
₽151665
₽145301
₽183745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
12 902
social contributions
-
-
-
52 690
total
-
-
-
65 592
Employee
30 596
-
207 360
-
income
-
-
13 608
-
social contributions
1 988
-
13 480
-
total
1 988
-
27 088
-
Employer
30 596
-
207 360
-
social contributions
4 743
-
32 140
-
total
4 743
-
32 140
-
Corporate
204 162
239 500
-
-
income
20 417
23 949
-
-
total
20 417
23 949
-
-
Dividends
183 745
215 551
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
27 148
23 949
59 228
65 592
After tax
212 352
215 551
180 272
173 908
Living cost
28 607
28 607
28 607
28 607
Free-cash
183 745
186 944
151 665
145 301

Estimated living cost  is ₽28607 per week

₽18497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32340
₽32340
₽91300
₽16589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
labour market
-
-
-
19 094
municipal
-
-
-
52 028
national
-
-
-
30 463
pensions
-
-
-
824
total
-
-
-
102 409
Employee
193 271
193 271
193 271
-
municipal
41 156
41 156
41 156
-
labour market
15 440
15 440
15 440
-
pensions
275
275
275
-
national
23 612
23 612
23 612
-
total
80 483
80 483
80 483
-
Employer
193 271
193 271
193 271
-
national
23 653
23 653
23 653
-
labour market
15 462
15 462
15 462
-
pensions
549
549
549
-
municipal
41 222
41 222
41 222
-
total
80 886
80 886
80 886
-
Corporate
32 342
-
-
-
income
7 115
-
-
-
total
7 115
-
-
-
Dividends
25 227
-
-
-
withholding
8 636
-
-
-
total
8 636
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
177 120
161 369
161 369
102 409
After tax
62 380
78 131
78 131
137 091
Living cost
45 791
45 791
45 791
45 791
Free-cash
16 589
32 340
32 340
91 300

Estimated living cost  is ₽45791 per week

₽31340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1452
₽111701
₽142617
₽16200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
income
-
-
-
69 330
other
-
-
-
357
health
-
-
-
2 098
pensions
-
-
-
4 003
total
-
-
-
76 031
Employee
32 801
-
219 844
-
pensions
3 694
-
7 339
-
income
4 500
-
54 780
-
health
3 756
-
25 172
-
total
11 950
-
87 291
-
Employer
32 801
-
219 844
-
pensions
5 333
-
10 598
-
accident
548
-
3 672
-
unemployment
804
-
5 386
-
total
6 685
-
19 656
-
Corporate
200 014
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.

180 013
215 550
-
-
total
180 013
215 550
-
-
Dividends
20 001
23 950
-
-
withholding
3 800
4 550
-
-
total
3 800
4 550
-
-
Income
239 500
239 500
239 500
239 500
Total tax
202 448
220 100
106 947
76 031
After tax
37 052
19 400
132 553
163 469
Living cost
20 852
20 852
20 852
20 852
Free-cash
16 200
-1 452
111 701
142 617

Estimated living cost  is ₽20852 per week

₽15178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108445
₽80063
₽107496
₽112012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 291
municipal
-
-
-
42 517
national
-
-
-
49 658
total
-
-
-
95 466
Employee
50 070
-
201 480
-
municipal
8 201
-
32 788
-
unemployment
751
-
3 021
-
pensions
3 379
-
13 599
-
national
827
-
32 767
-
health
374
-
2 705
-
total
13 532
-
84 880
-
Employer
50 070
-
201 480
-
health
385
-
1 551
-
pensions
8 687
-
34 957
-
accident
51
-
202
-
unemployment
325
-
1 309
-
total
9 448
-
38 019
-
Corporate
179 983
239 500
-
-
income
35 997
47 901
-
-
total
35 997
47 901
-
-
Dividends

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

107 989
143 700
-
-
municipal
19 438
25 866
-
-
national
12 535
20 750
-
-
total
31 973
46 616
-
-
Income
239 500
239 500
239 500
239 500
Total tax
90 950
94 517
122 899
95 466
After tax
148 550
144 983
116 601
144 034
Living cost
36 538
36 538
36 538
36 538
Free-cash
112 012
108 445
80 063
107 496

Estimated living cost  is ₽36538 per week

₽23866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152449
₽136154
₽138065
₽147270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 895
social contributions
-
-
-
15 398
health
-
-
-
6 108
total
-
-
-
79 401
Employee
73 180
73 180
227 107
-
social contributions
2 767
6 074
8 192
-
income
7 968
6 774
56 866
-
health
567
1 244
3 861
-
total
11 302
14 092
68 919
-
Employer
73 180
73 180
227 107
-
health
616
1 355
4 201
-
social contributions
2 767
6 074
8 192
-
total
3 383
7 429
12 393
-
Corporate
202 781
158 892
-
-
income
25 347
19 861
-
-
total
25 347
19 861
-
-
Dividends
177 434
139 031
-
-
withholding
30 164
23 635
-
-
total
30 164
23 635
-
-
Income
239 500
239 500
239 500
239 500
Total tax
70 196
65 017
81 312
79 401
After tax
169 304
174 483
158 188
160 099
Living cost
22 034
22 034
22 034
22 034
Free-cash
147 270
152 449
136 154
138 065

Estimated living cost  is ₽22034 per week

₽13205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽183220
₽170813
₽189904
₽178379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
239 500
income
-
-
-
24 961
unemployment
-
-
-
27
health
-
-
-
3 444
pensions
-
-
-
6 054
total
-
-
-
34 486
Employee

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

21 844
-
230 199
-
unemployment
108
-
452
-
pensions
3 276
-
13 545
-
income
1 494
-
22 602
-
health
1 857
-
7 676
-
total
6 735
-
44 275
-
Employer

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

21 844
-
230 199
-
health
939
-
3 883
-
pensions
1 201
-
4 967
-
unemployment
108
-
452
-
total
2 248
-
9 302
-
Corporate
215 407
239 500
-
-
income
19 387
21 555
-
-
total
19 387
21 555
-
-
Dividends
196 020
217 945
-
-
withholding
17 641
19 615
-
-
total
17 641
19 615
-
-
Income
239 500
239 500
239 500
239 500
Total tax
46 011
41 170
53 577
34 486
After tax
193 489
198 330
185 923
205 014
Living cost
15 110
15 110
15 110
15 110
Free-cash
178 379
183 220
170 813
189 904

Estimated living cost  is ₽15110 per week

₽9640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
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.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132605
₽103440
₽107432
₽128405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
795
income
-
-
-
79 434
other
-
-
-
88
unemployment
-
-
-
618
pensions
-
-
-
24 963
total
-
-
-
105 898
Employee
35 189
-
211 379
-
other
34
-
88
-
unemployment
545
-
1 367
-
pensions
1 654
-
4 147
-
income
6 784
-
76 167
-
total
9 017
-
81 769
-
Employer
35 189
-
211 379
-
pensions
8 304
-
20 818
-
accident
697
-
1 746
-
unemployment
1 936
-
4 851
-
other
282
-
706
-
total
11 219
-
28 121
-
Corporate
193 092
239 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

28 963
35 925
-
-
total
28 963
35 925
-
-
Dividends
164 129
203 575
-
-
withholding
35 726
44 800
-
-
total
35 726
44 800
-
-
Income
239 500
239 500
239 500
239 500
Total tax
84 925
80 725
109 890
105 898
After tax
154 575
158 775
129 610
133 602
Living cost
26 170
26 170
26 170
26 170
Free-cash
128 405
132 605
103 440
107 432

Estimated living cost  is ₽26170 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147579
₽152576
₽152709
₽147273
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
82 571
health
-
-
-
988
pensions
-
-
-
1 363
total
-
-
-
84 922
Employee
2 847
-
237 966
-
unemployment
28
-
68
-
pensions
256
-
613
-
income
551
-
82 499
-
health
142
-
341
-
total
977
-
83 521
-
Employer
2 847
-
237 966
-
health
270
-
648
-
pensions
313
-
750
-
unemployment
57
-
136
-
total
640
-
1 534
-
Corporate
236 013
239 500
-
-
income
51 923
52 690
-
-
total
51 923
52 690
-
-
Dividends
184 090
186 810
-
-
withholding
36 818
37 362
-
-
total
36 818
37 362
-
-
Income
239 500
239 500
239 500
239 500
Total tax
90 358
90 052
85 055
84 922
After tax
149 142
149 448
154 445
154 578
Living cost
1 869
1 869
1 869
1 869
Free-cash
147 273
147 579
152 576
152 709

Estimated living cost  is ₽1869 per week

₽1111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156582
₽140560
₽140559
₽151900
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
239 500
income
-
-
-
55 900
unemployment
-
-
-
1 055
health
-
-
-
7 244
pensions
-
-
-
18 285
total
-
-
-
82 484
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.

24 816
-
226 912
-
unemployment
186
-
527
-
pensions
3 474
-
9 846
-
income
3 421
-
55 900
-
health
1 278
-
3 622
-
total
8 359
-
69 895
-
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.

24 816
-
226 912
-
health
1 278
-
3 622
-
pensions
2 978
-
8 439
-
unemployment
186
-
527
-
total
4 442
-
12 588
-
Corporate
210 242
239 500
-
-
income
31 536
35 925
-
-
total
31 536
35 925
-
-
Dividends
178 706
203 575
-
-
withholding
26 806
30 536
-
-
total
26 806
30 536
-
-
Income
239 500
239 500
239 500
239 500
Total tax
71 143
66 461
82 483
82 484
After tax
168 357
173 039
157 017
157 016
Living cost
16 457
16 457
16 457
16 457
Free-cash
151 900
156 582
140 560
140 559

Estimated living cost  is ₽16457 per week

₽11080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110571
₽78344
₽97996
₽110227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
239 500
income
-
-
-
32 621
surtax
-
-
-
-
social contributions

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

-
-
-
83 226
total
-
-
-
115 847
Employee
36 937
-
193 535
-
surtax
-
-
694
-
social contributions
4 064
-
21 289
-
income
7 217
-
67 551
-
total
11 281
-
89 534
-
Employer
36 937
-
193 535
-
social contributions
8 772
-
45 965
-
total
8 772
-
45 965
-
Corporate
193 791
239 500
-
-
income
40 696
50 295
-
-
surtax
-
-
-
-
total
40 696
50 295
-
-
Dividends
153 095
189 205
-
-
withholding
42 867
52 977
-
-
total
42 867
52 977
-
-
Income
239 500
239 500
239 500
239 500
Total tax
103 616
103 272
135 499
115 847
After tax
135 884
136 228
104 001
123 653
Living cost
25 657
25 657
25 657
25 657
Free-cash
110 227
110 571
78 344
97 996

Estimated living cost  is ₽25657 per week

₽18172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1783
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.
₽5248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125329
₽96164
₽100156
₽119103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
795
income
-
-
-
79 434
other
-
-
-
88
unemployment
-
-
-
618
pensions
-
-
-
24 963
total
-
-
-
105 898
Employee
45 962
-
211 379
-
other
45
-
88
-
unemployment
712
-
1 367
-
pensions
2 160
-
4 147
-
income
9 600
-
76 167
-
total
12 517
-
81 769
-
Employer
45 962
-
211 379
-
pensions
10 847
-
20 818
-
accident
910
-
1 746
-
unemployment
2 528
-
4 851
-
other
368
-
706
-
total
14 653
-
28 121
-
Corporate
178 884
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.

26 832
35 925
-
-
total
26 832
35 925
-
-
Dividends
152 052
203 575
-
-
withholding
32 949
44 800
-
-
total
32 949
44 800
-
-
Income
239 500
239 500
239 500
239 500
Total tax
86 951
80 725
109 890
105 898
After tax
152 549
158 775
129 610
133 602
Living cost
33 446
33 446
33 446
33 446
Free-cash
119 103
125 329
96 164
100 156

Estimated living cost  is ₽33446 per week

₽24020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽188404
₽188499
₽178332
₽182605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
35 925
unemployment
-
-
-
133
health
-
-
-
3 822
pensions

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

-
-
-
4 919
total
-
-
-
44 799
Employee
21 675
-
232 979
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
pensions

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

1 903
-
2 918
-
income
2 168
-
23 298
-
health
997
-
1 529
-
total
5 306
-
28 111
-
Employer
21 675
-
232 979
-
health
1 496
-
2 293
-
pensions

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

2 389
-
3 663
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
unemployment
130
-
199
-
total
4 253
-
6 521
-
Corporate
213 572
239 500
-
-
income
21 357
23 950
-
-
total
21 357
23 950
-
-
Dividends
192 215
215 550
-
-
withholding
9 610
10 777
-
-
total
9 610
10 777
-
-
Income
239 500
239 500
239 500
239 500
Total tax
40 526
34 727
34 632
44 799
After tax
198 974
204 773
204 868
194 701
Living cost
16 369
16 369
16 369
16 369
Free-cash
182 605
188 404
188 499
178 332

Estimated living cost  is ₽16369 per week

₽10826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86399
₽109744
₽81726
₽98847
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
239 500
income

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

-
-
-
82 002
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.

-
-
-
4 510
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.

-
-
-
6 502
trade
-
-
-
28 018
total
-
-
-
121 032
Employee

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

47 352
-
239 500
-
surtax

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

215
-
4 510
-
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.

3 894
-
82 002
-
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.

6 502
-
6 502
-
total
10 611
-
93 014
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 148
239 500
-
-
income
28 822
35 925
-
-
surtax

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

1 586
1 976
-
-
chamber of commerce
426
495
-
-
trade
27 574
34 368
-
-
total
58 408
72 764
-
-
Dividends
133 740
166 736
-
-
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.

1 819
2 272
-
-
withholding
33 073
41 323
-
-
total
34 892
43 595
-
-
Income
239 500
239 500
239 500
239 500
Total tax
103 911
116 359
93 014
121 032
After tax
135 589
123 141
146 486
118 468
Living cost
36 742
36 742
36 742
36 742
Free-cash
98 847
86 399
109 744
81 726

Estimated living cost  is ₽36742 per week

₽25345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
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.
₽6910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113438
₽63596
₽63596
₽115539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 069
social contributions
-
-
-
41 623
total
-
-
-
121 692
Employee
74 443
-
239 500
-
income
14 047
-
80 069
-
social contributions
6 185
-
41 623
-
total
20 232
-
121 692
-
Employer
74 443
-
239 500
-
total
-
-
-
-
Corporate
165 057
239 500
-
-
income
20 632
29 938
-
-
total
20 632
29 938
-
-
Dividends
144 425
209 562
-
-
withholding
28 885
41 912
-
-
total
28 885
41 912
-
-
Income
239 500
239 500
239 500
239 500
Total tax
69 749
71 850
121 692
121 692
After tax
169 751
167 650
117 808
117 808
Living cost
54 212
54 212
54 212
54 212
Free-cash
115 539
113 438
63 596
63 596

Estimated living cost  is ₽54212 per week

₽41244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116100
₽131357
₽163158
₽119427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 871
total
-
-
-
41 796
Employee
43 658
-
235 122
-
income
4 737
-
64 841
-
social contributions
4 374
-
4 378
-
total
9 111
-
69 219
-
Employer
43 658
-
235 122
-
social contributions
4 374
-
4 378
-
total
4 374
-
4 378
-
Corporate
191 468
239 500
-
-
income
67 014
83 826
-
-
total
67 014
83 826
-
-
Dividends
124 455
155 674
-
-
social contributions
5 028
5 028
-
-
total
5 028
5 028
-
-
Income
239 500
239 500
239 500
239 500
Total tax
85 527
88 854
73 597
41 796
After tax
153 973
150 646
165 903
197 704
Living cost
34 546
34 546
34 546
34 546
Free-cash
119 427
116 100
131 357
163 158

Estimated living cost  is ₽34546 per week

₽22756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113798
₽96959
₽118232
₽119394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
76 209
pensions
-
-
-
9 962
total
-
-
-
86 171
Employee
48 175
-
208 540
-
pensions
3 677
-
11 720
-
income
8 773
-
62 025
-
health
628
-
2 739
-
total
13 078
-
76 484
-
Employer
48 175
-
208 540
-
health
916
-
3 962
-
pensions
4 867
-
26 998
-
total
5 783
-
30 960
-
Corporate
185 542
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.

35 252
45 505
-
-
total
35 252
45 505
-
-
Dividends
150 290
193 995
-
-
withholding
30 896
45 100
-
-
total
30 896
45 100
-
-
Income
239 500
239 500
239 500
239 500
Total tax
85 009
90 605
107 444
86 171
After tax
154 491
148 895
132 056
153 329
Living cost
35 097
35 097
35 097
35 097
Free-cash
119 394
113 798
96 959
118 232

Estimated living cost  is ₽35097 per week

₽24076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3516
₽109637
₽140553
₽15886
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
income
-
-
-
69 330
other
-
-
-
357
health
-
-
-
2 098
pensions
-
-
-
4 003
total
-
-
-
76 031
Employee
36 048
-
219 844
-
pensions
4 059
-
7 339
-
income
4 945
-
54 780
-
health
4 127
-
25 172
-
total
13 131
-
87 291
-
Employer
36 048
-
219 844
-
pensions
5 861
-
10 598
-
accident
602
-
3 672
-
unemployment
883
-
5 386
-
total
7 346
-
19 656
-
Corporate
196 106
239 500
-
-
income

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

176 495
215 550
-
-
total
176 495
215 550
-
-
Dividends
19 611
23 950
-
-
withholding
3 726
4 550
-
-
total
3 726
4 550
-
-
Income
239 500
239 500
239 500
239 500
Total tax
200 698
220 100
106 947
76 031
After tax
38 802
19 400
132 553
163 469
Living cost
22 916
22 916
22 916
22 916
Free-cash
15 886
-3 516
109 637
140 553

Estimated living cost  is ₽22916 per week

₽16818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1335
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.
₽4301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170376
₽165178
₽144275
₽167500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
239 500
income
-
-
-
40 577
unemployment
-
-
-
1 824
work injury
-
-
-
760
health insurance
-
-
-
11 250
pensions
-
-
-
27 973
total
-
-
-
82 384
Employee

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

20 545
-
239 500
-
health insurance
1 520
-
5 625
-
unemployment
247
-
912
-
work injury
103
-
380
-
pensions
3 780
-
13 987
-
income
2 055
-
40 577
-
total
7 705
-
61 481
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
218 955
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%.

21 895
23 950
-
-
total
21 895
23 950
-
-
Dividends
197 059
215 550
-
-
withholding
29 559
32 333
-
-
total
29 559
32 333
-
-
Income
239 500
239 500
239 500
239 500
Total tax
59 159
56 283
61 481
82 384
After tax
180 341
183 217
178 019
157 116
Living cost
12 841
12 841
12 841
12 841
Free-cash
167 500
170 376
165 178
144 275

Estimated living cost  is ₽12841 per week

₽7955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88238
₽68171
₽75988
₽83911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 632
regional
-
-
-
6 071
municipal
-
-
-
1 727
national
-
-
-
70 169
total
-
-
-
125 599
Employee
80 195
-
239 500
-
municipal
479
-
1 593
-
national
13 552
-
63 799
-
regional
1 211
-
5 578
-
social contributions
27 041
-
62 446
-
total
42 283
-
133 416
-
Employer
80 195
-
239 500
-
total
-
-
-
-
Corporate
159 305
239 500
-
-
municipal
7 679
11 544
-
-
nationa
38 233
57 480
-
-
total
45 912
69 024
-
-
Dividends
113 393
170 476
-
-
withholding
29 481
44 325
-
-
total
29 481
44 325
-
-
Income
239 500
239 500
239 500
239 500
Total tax
117 676
113 349
133 416
125 599
After tax
121 824
126 151
106 084
113 901
Living cost
37 913
37 913
37 913
37 913
Free-cash
83 911
88 238
68 171
75 988

Estimated living cost  is ₽37913 per week

₽26631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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